Welcome to our dedicated page for Midland States news (Ticker: MSBI), a resource for investors and traders seeking the latest updates and insights on Midland States stock.
Midland States Bancorp, Inc. (NASDAQ: MSBI) is a community-based financial holding company headquartered in Effingham, Illinois and the sole shareholder of Midland States Bank. This news page aggregates company-issued updates and market coverage related to Midland States Bancorp’s commercial banking, wealth management, capital actions, and regulatory disclosures.
Readers can find earnings announcements, including quarterly financial results where the company discusses net income, net interest margin, noninterest income and expense, asset quality metrics, and capital ratios. These releases often include management commentary on credit trends, loan portfolio changes, deposit mix, and strategic priorities such as growing the community bank and wealth management platform.
News items also cover corporate actions such as common and preferred stock dividend declarations, stock repurchase program authorizations, and balance sheet initiatives. For example, Midland States Bancorp has reported the redemption of subordinated notes, the sale of non-core loan portfolios, and the sale of substantially all of its equipment finance portfolio to an affiliate of North Mill Equipment Finance LLC, along with decisions to cease originations in that portfolio.
Regulatory and governance developments appear in the feed through summaries of Form 8-K filings and related press releases. These include notices regarding delayed SEC filings, Nasdaq listing rule deficiency notifications, annual meeting results, and changes in senior leadership roles. Investors can also see announcements of upcoming earnings release dates and the availability of investor presentations.
By following this page, users can review Midland States Bancorp’s historical and ongoing disclosures on financial performance, credit quality, capital management, and governance matters in one place, using the underlying articles to track how the company communicates its strategy and risk profile over time.
Midland States Bancorp (Nasdaq: MSBI) reported a Q4 2025 net loss available to common shareholders of $5.1M (‑$0.24 per diluted share) and adjusted earnings of $11.9M (+$0.53 per diluted share) excluding portfolio sales. Results included a $21.4M loss on sale of substantially all of its equipment finance portfolio and a $1.6M loss on a small consumer loan sale. Provision for credit losses was $11.8M. Total loans were $4.35B and deposits $5.42B at Dec 31, 2025. Net interest margin was 3.74%. Common equity tier 1 ratio rose to 9.89% and the board authorized a $25M repurchase program; $9.6M was repurchased in Q4.
Midland States Bancorp (Nasdaq: MSBI) will release its fourth quarter 2025 financial results after market close on Thursday, January 22, 2026. The company said it will also publish an investor presentation alongside the press release, which will be posted on the Webcasts and Presentations page of its investor relations website.
Midland States Bancorp (Nasdaq: MSBI) sold substantially all of its equipment finance portfolio to an affiliate of North Mill Equipment Finance LLC for $502 million in cash, with the transaction closing on November 28, 2025. As of October 31, 2025 the portfolio represented approximately $599 million in loans and leases outstanding ($565 million net of allowance) plus $21 million of operating leases. The sale excludes about $75 million of loans the company will retain, reducing total loans and leases by roughly $545 million.
The company expects a pre-tax loss of ~$20 million in Q4 2025, will use most proceeds to pay down $350 million of high-cost wholesale funding, and says the deal is accretive to capital and approximately neutral to earnings. Midland ceased originating new equipment finance loans effective September 30, 2025.
Midland States Bancorp (Nasdaq: MSBI) announced that Jeffrey S. Mefford will retire as President of Midland States Bank and Executive Vice President of the company effective June 30, 2026. Mefford has been employed by the bank for 22 years and served as bank President for seven years. The company said Mefford will support a thoughtful transition over the coming months.
As part of the succession plan, Jeremy A. Jameson, currently Executive Vice President - Chief Credit Officer, will be promoted to the newly created role of Executive Vice President - Chief Banking Officer, responsible for Regional Presidents, commercial lending and credit, reporting to CEO Jeffrey G. Ludwig.
Midland States Bancorp (NASDAQ: MSBI) announced that its Board authorized a new $25 million common stock repurchase program effective November 3, 2025 and expiring November 2, 2026. The company's prior repurchase program expired on December 31, 2024. Repurchases may be made on the open market, in privately negotiated transactions, or by any manner permitted by securities laws, at the company's discretion.
The company said purchases will depend on price, trading volume, corporate and regulatory requirements, and market conditions, and the program may be suspended or discontinued at any time without prior notice. Management framed the program as reflecting confidence in capital position and improving credit quality.
Midland States Bancorp (NASDAQ: MSBI) announced quarterly cash dividends for common and preferred stock on Nov 3, 2025.
The Board declared a $0.32 per common share dividend payable on November 21, 2025 to shareholders of record as of the close of business on November 14, 2025. The Board also declared a $0.4844 per depository share dividend on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, payable on December 30, 2025 to holders of record as of December 15, 2025.
Midland States Bancorp (Nasdaq: MSBI) reported Q3 2025 net income available to common shareholders of $5.3 million, or $0.24 diluted EPS, down from $18.2 million, or $0.83, in Q3 2024 and $9.8 million in Q2 2025. Pre-provision net revenue was $31.3 million, and net interest margin expanded to 3.79% (3.69% excluding interest recoveries). The company took a $20.5 million provision primarily for equipment finance after increasing loss-given-default assumptions and ceased equipment finance originations effective September 30, 2025.
Capital improved with common equity tier 1 at 9.37%, nonperforming assets fell to 1.02% of assets, wealth management posted a record $8.0 million in revenue, and deposits declined by $342.1 million from Q2.
Midland States Bancorp (NASDAQ: MSBI) will release its third quarter 2025 financial results after market close on Thursday, October 30, 2025. Alongside the press release, the company will publish an investor presentation that will be available on the Webcasts and Presentations page of its investor relations website.
Midland States Bancorp (NASDAQ: MSBI) has received a deficiency notification from Nasdaq on August 19, 2025, due to its failure to file its Q2 2025 Form 10-Q on time. The notification indicates non-compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic reports.
The company has until October 18, 2025 to submit a compliance plan to Nasdaq, which may grant up to 180 days (until February 26, 2026) to regain compliance. The delay is related to previous financial statement restatements that affected the company's 2024 10-K and Q1 2025 10-Q filings. The notification has no immediate effect on MSBI's listing or trading status on the Nasdaq Global Select Market.
Midland States Bancorp (NASDAQ: MSBI) has announced a 3.2% increase in its quarterly cash dividend to $0.32 per share of common stock, up from $0.31. The dividend will be paid on August 22, 2025, to shareholders of record as of August 15, 2025.
Additionally, the company declared a dividend of $0.4844 per depository share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, payable on September 30, 2025. This marks MSBI's 25th consecutive year of increasing its quarterly cash dividend, with management noting strong capital ratios and improved earnings and asset quality in Q2.
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