Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.28 Per Share

Midland States Bancorp (NASDAQ: MSBI) has declared a quarterly cash dividend of $0.28 per share, payable on or about August 20, 2021.

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Rhea-AI Summary

Midland States Bancorp (NASDAQ: MSBI) has declared a quarterly cash dividend of $0.28 per share, payable on or about August 20, 2021. Shareholders of record as of the close of business on August 13, 2021 will receive this dividend. As of June 30, 2021, the company reported total assets of approximately $6.63 billion and assets under administration in its Wealth Management Group of approximately $4.08 billion. Midland offers a comprehensive range of banking and financial services.

Positive

Quarterly cash dividend of $0.28 per share announced.
Total assets of approximately $6.63 billion as of June 30, 2021.
Wealth Management Group assets under administration at approximately $4.08 billion.

Negative

None.

Argus Session date unavailable

+0.48% session move Open Argus

Details

News Market Reaction – MSBI

The recorded move for MSBI in the trading session of this news was +0.48%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

08/04/2021 - 04:05 PM EDT

EFFINGHAM, Ill., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.28 per share. The dividend is payable on or about August 20, 2021 to all shareholders of record as of the close of business on August 13, 2021.

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 June 30, 2021, the Company had total assets of approximately $6.63 billion, and its Wealth Management Group had assets under administration of approximately $4.08 billion. Midland 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:
Douglas J. Tucker, Sr. V.P., Corporate Counsel, at dtucker@midlandsb.com or (217) 342-7321

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Midland States Bancorp?

Midland States Bancorp declared a quarterly cash dividend of $0.28 per share.

When is the dividend payment date for MSBI?

The dividend is payable on or about August 20, 2021.

Who is eligible to receive the dividend from MSBI?

Shareholders of record as of the close of business on August 13, 2021, are eligible.

What are the total assets of Midland States Bancorp?

As of June 30, 2021, Midland States Bancorp reported total assets of approximately $6.63 billion.

How much does Midland States Bancorp manage in its Wealth Management Group?

The Wealth Management Group has approximately $4.08 billion in assets under administration.

Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.28 Per Share