Midland States Bancorp, Inc. Announces Common Stock and Preferred Stock Dividends

Rhea-AI Summary

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.

Positive

• Common dividend of $0.32 per share declared
• Preferred dividend of $0.4844 per depository share declared
• Clear payment schedule with record and payable dates announced

Negative

• Near-term cash outflow obligations on Nov 21 and Dec 30, 2025

EFFINGHAM, Ill., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.32 per share of its common stock. The dividend is payable on November 21, 2025 to all shareholders of record as of the close of business on November 14, 2025.

The Board of Directors 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. The dividend will be payable on December 30, 2025 to stockholders of record as of December 15, 2025.

About Midland States Bancorp, Inc.

Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of September 30, 2025, the Company had total assets of approximately $6.91 billion, and its Wealth Management Group had assets under administration of approximately $4.36 billion. The Company provides a full range of commercial and consumer banking products and services and business equipment financing, merchant credit card services, trust and investment management, insurance and financial planning services. For additional information, visit https://www.midlandsb.com/ or https://www.linkedin.com/company/midland-states-bank.

CONTACTS:
Eric T. Lemke, Chief Financial Officer, at elemke@midlandsb.com or (217) 342-7321

FAQ

What dividend did Midland States Bancorp (MSBI) declare on November 3, 2025?

The Board declared a $0.32 quarterly cash dividend on common stock and $0.4844 per depository share on the Series A preferred stock.

When is the MSBI common stock dividend payable and who is eligible?

The common dividend is payable on November 21, 2025 to shareholders of record at the close of business on November 14, 2025.

What are the record and payable dates for MSBI Series A preferred dividend in 2025?

The Series A preferred dividend is payable on December 30, 2025 to holders of record as of December 15, 2025.

How much is the MSBI Series A preferred dividend declared on November 3, 2025?

The declared cash dividend is $0.4844 per depository share on the 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A.

Will MSBI common shareholders receive the November 21, 2025 dividend if they buy shares after November 14, 2025?

No. Only shareholders of record at the close of business on November 14, 2025 are eligible for the November 21, 2025 payment.