Midland States Bancorp, Inc. Stock News

EFFINGHAM, Ill., May 06, 2025 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.31 per share of its common stock. The dividend is payable on May 23, 2025 to all shareholders of record as of the close of business on May 16, 2025.

EFFINGHAM, Ill., April 30, 2025 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) (the “Company”) reported preliminary results for the first quarter of 2025. As previously disclosed, the Company is completing its evaluation, subject to review by its independent registered public accounting firm, of the accounting and financial reporting of third-party lending and servicing arrange...

EFFINGHAM, Ill., April 09, 2025 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company”) today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on April 3, 2025 (the “Notice”). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) ...

EFFINGHAM, Ill., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.31 per share of its common stock. The dividend is payable on February 21, 2025 to all shareholders of record as of the close of business on February 14, 2025.

Midland States Bancorp's shares plummeted 20% due to higher delinquencies and nonperformance in unsecured and specialty finance portfolios, leading to significant charge-offs and impairments. Despite improved net interest income from lower borrowing costs, the bank's concentration in commercial real estate loans and nonperforming loans remains concerning. The bank's loan portfolio declined by 1...

Fourth Quarter 2024 Highlights: Net loss available to common shareholders of $54.8 million , or $2.52 per diluted share Adjusted pre-tax, pre-provision earnings of $21.5 million , compared to $27.5 million in prior quarter Sold $87.1 million LendingPoint consumer loan portfolio, recognizing net charge-offs and provision for credit losses of $17.3 million Committed to a plan to sell $371.7 milli...

EFFINGHAM, Ill., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its fourth quarter 2024 financial results after market close on Thursday, January 23, 2025. Along with the press release announcing the financial results, the Company will publish an investor presentation that will be available on the Webcasts and Presentations page ...