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, Inc. has appointed Travis Franklin to its Board of Directors, effective May 7, 2024. Mr. Franklin, currently serving as the Executive Vice President and CFO of Heartland Dental, , brings a wealth of experience in finance and operations. His addition to the board is seen as a positive move to leverage his expertise in managing a rapidly growing company.
Midland States Bancorp, Inc. (NASDAQ: MSBI) declared a quarterly cash dividend of $0.31 per share for common stock and $0.4844 per depository share for preferred stock. The dividends are payable in May and July 2024, respectively.
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