Midland States Bancorp declares $0.33 quarterly dividend
The preferred dividend's stated payment date conflicts: September 30 and December 30, 2026, are both listed.
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Rhea-AI Filing Summary
Midland States Bancorp, Inc. (MSBI) declared a quarterly cash dividend of $0.33 per common share, payable November 20, 2026, to shareholders of record November 13, 2026.
It also declared a cash dividend of $0.4844 per depository share on its 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. The preferred payment date is inconsistent: one disclosure lists September 30, 2026, while the accompanying press release lists December 30, 2026; both state December 15, 2026, as the record date. As of September 30, 2026, the company reported approximately $6.82 billion in total assets and approximately $4.77 billion in assets under administration for its Wealth Management Group.
8-K Event Classification
Key Figures
Key Terms
Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock financial
assets under administration financial
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United States
Securities
And Exchange Commission
Washington, DC 20549
FORM
Current
Report Pursuant to
Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
(Exact Name of Registrant as Specified in Charter)
| (State or Other Jurisdiction
of Incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
(Address of Principal Executive Offices) (Zip Code)
Registrant’s
telephone number, including area code: (
N/A
(Former Name or Former Address, if Changed Since Last Report)
Securities registered pursuant to Section 12(b) of the Act:
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Title of each class | Trading Symbol(s) |
Name
of each exchange on which registered |
| The
| ||
| (each representing a 1/40th interest in a share of 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, $2.00 par value) | The Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b–2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging
growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 8.01. | Other Events. |
On November 2, 2026, Midland States Bancorp, Inc. (the “Company”) announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of $0.33 per share of its common stock. The dividend is payable on November 20, 2026 to all shareholders of record as of the close of business on November 13, 2026.
The Board also declared a cash dividend of $0.4844 per depository share on its 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. The dividend will be payable on September 30, 2026 to stockholders of record as of December 15, 2026.
A copy of the press release regarding the dividends is filed herewith as Exhibit 99.1.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit No. | Description |
| 99.1 | Press Release of Midland States Bancorp, Inc., dated November 2, 2026 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SignatureS
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: November 2, 2026 | MIDLAND STATES BANCORP, INC. | |
| By: | /s/ Nathan D. Sturycz | |
| Nathan D. Sturycz | ||
| General Counsel | ||
Exhibit 99.1
FOR IMMEDIATE RELEASE
MIDLAND STATES BANCORP, INC. ANNOUNCES COMMON STOCK
AND PREFERRED STOCK DIVIDENDS
Effingham, IL, November 2, 2026 – Midland States Bancorp, Inc. (Nasdaq: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.33 per share of its common stock. The dividend is payable on November 20, 2026 to all shareholders of record as of the close of business on November 13, 2026.
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, 2026 to stockholders of record as of December 15, 2026.
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, 2026, the Company had total assets of approximately $6.82 billion, and its Wealth Management Group had assets under administration of approximately $4.77 billion. The Company provides a full range of commercial and consumer banking products and services, merchant credit card services, trust and investment management, insurance and financial planning services. For additional information, visit midlandsb.com or follow Midland States Bank on LinkedIn.
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CONTACTS:
Claire A. Stack, Chief Financial Officer, at cstack@midlandsb.com or (217) 342-7321