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. operates as a diversified financial holding company whose banking subsidiary provides commercial and consumer banking services, commercial real estate and mortgage lending, and wealth management services including trust, fiduciary, brokerage and retirement planning.
Company announcements commonly address quarterly operating results, net interest margin and loan growth, credit quality, non-performing assets, portfolio sales and balance-sheet risk reduction. Other recurring developments include common and preferred stock dividends, stock repurchase authorizations, board and executive changes, institutional ownership, and capital management actions.
Midland States Bancorp (Nasdaq: MSBI) reported second quarter 2026 net income available to common shareholders of $17.7 million, or $0.82 per diluted share, up from $16.2 million, or $0.74, in the prior quarter and $9.8 million, or $0.44, a year earlier. Return on average assets was 1.22%, and return on average tangible common equity was 16.27%. Adjusted pre-provision net revenue reached $32.8 million, or 2.01% of average assets. Net interest margin expanded to 3.98%, with the cost of deposits down to 1.78%. Total loans declined $94.9 million to $4.24 billion due to planned runoff in specialty finance and non-core portfolios, while Community Bank loans grew modestly. Deposits increased $267.2 million to $5.71 billion, and wealth management assets under administration rose to $4.78 billion. The allowance for credit losses on loans was $62.5 million (1.47% of total loans), nonperforming assets were 0.91% of total assets, and common equity Tier 1 capital at the holding company was 10.39%. The company repurchased $2.7 million of common stock under its $45 million authorization, leaving $24.9 million in remaining capacity through December 31, 2026.
Midland States Bancorp (Nasdaq: MSBI) will release its second quarter 2026 financial results after market close on Thursday, July 23, 2026. The company will also post an accompanying investor presentation on the Webcasts and Presentations section of its investor relations website.
Midland States Bancorp (Nasdaq: MSBI) appointed Claire A. Stack as Executive Vice President and Chief Financial Officer of the company and Midland States Bank, effective May 8, 2026.
She is a CPA with 15+ years of financial services experience, including public bank accounting, SEC reporting, controls, and compliance.
Midland States Bancorp (Nasdaq: MSBI) increased its stock repurchase authorization from $25 million to $45 million and extended the program through December 31, 2026. To date the company repurchased 923,837 shares at an average price of $21.46 for a total of $19.8 million. Repurchases may occur on the open market, in privately negotiated transactions, or otherwise in compliance with securities laws and may be suspended or discontinued at any time.
Midland States Bancorp (Nasdaq: MSBI) declared quarterly cash dividends for common and preferred shares. The common dividend is $0.32 per share, payable May 22, 2026, to shareholders of record on May 15, 2026. The preferred dividend is $0.4844 per depository share, payable June 30, 2026, to holders of record on June 15, 2026.
Midland States Bancorp (Nasdaq: MSBI) reported Q1 2026 net income available to common shareholders of $16.2 million, or $0.74 diluted EPS, versus a loss in Q4 2025 and a large loss in Q1 2025. Adjusted EPS was $0.79. Net interest margin widened to 3.91%. Community Bank loans grew $68.8 million while total loans fell slightly to $4.34 billion. Common Equity Tier 1 ratio was 9.98%. The company repurchased $7.8 million of common stock and expects an annual effective tax rate near 22%–23%.
Midland States Bancorp (Nasdaq: MSBI) will report its first quarter 2026 financial results after market close on Thursday, April 23, 2026. Alongside the press release, the company will publish an investor presentation accessible on the Webcasts and Presentations page of its investor relations website.
Midland States Bancorp (Nasdaq: MSBI) announced on March 11, 2026 that Jeffrey G. Ludwig, President and CEO, was reappointed to the Federal Advisory Council of the Board of Governors of the Federal Reserve.
As a FAC member, Ludwig will meet periodically with the Board and regulatory heads to present industry perspectives on regulatory and monetary policy.
Midland States Bancorp (Nasdaq: MSBI) announced that Patriot Financial Partners, L.P. acquired a position in the company's common stock through open-market purchases and that James F. Deutsch will join the Midland board and the board of Midland States Bank, effective February 3, 2026.
Mr. Deutsch is a partner at Patriot and a former CEO and founder of Team Capital Bank with over 25 years of banking experience. Company leaders said Patriot's investment and Mr. Deutsch's appointment support the bank's growth and shareholder-return focus.
Midland States Bancorp (Nasdaq: MSBI) declared a quarterly cash dividend of $0.32 per common share, payable February 20, 2026, to shareholders of record at close of business February 13, 2026. The board also declared a cash dividend of $0.4844 per depository share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, payable March 30, 2026 to shareholders of record March 16, 2026.