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) 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) 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.
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) 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.