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.
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Midland States Bancorp, Inc. (NASDAQ: MSBI) will release its first quarter 2023 financial results on April 27, 2023, after market close. An investor presentation will accompany the press release and be available on the company's investor relations website. The company has ceased holding quarterly conference calls, focusing instead on written communications for stakeholders. As of December 31, 2022, Midland States Bancorp held total assets of approximately $7.86 billion, with its Wealth Management Group managing assets under administration of about $3.50 billion. For more details, visit the company's website.
Synctera, a Banking as a Service (BaaS) company, has announced a strategic partnership with National Bank of Canada and a $15 million investment led by NAventures. This investment will allow Synctera to expand its BaaS platform into Canada, catering to the increasing demand for innovative financial products. Since 2020, Synctera has facilitated the creation of FinTech applications and services in the U.S., and aims to provide similar capabilities in Canada. The partnership is expected to enhance Synctera's capabilities and foster collaborations with FinTechs, ultimately supporting the growing need for financial innovation.