Midland States Bancorp, Inc. Stock News

Third Quarter 2024 Highlights: Net income available to common shareholders of $16.2 million , or $0.74 per diluted share Adjusted pre-tax, pre-provision earnings of $27.5 million Tangible book value per share increased to $24.90 , compared to $23.36 at June 30, 2024 Common equity tier 1 capital ratio improved to 9.00% , compared to 8.64% at June 30, 2024 Net interest margin of 3.10% , compared ...

EFFINGHAM, Ill., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its third quarter 2024 financial results after market close on Thursday, October 24, 2024. 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 o...

Midland States Bancorp faces challenges with declining net interest income, deposit loss, and increased reliance on external financing. The bank has improved its allowance for credit losses, but still faces risks with non-accrual loans and potential loan losses. Common shares are avoided due to uncertainty, while preferred shares are upgraded to a hold pending further developments.

EFFINGHAM, Ill., Aug. 06, 2024 (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 August 23, 2024 to all shareholders of record as of the close of business on August 16, 2024.

Second Quarter 2024 Highlights: Net income available to common shareholders of $4.5 million , or $0.20 per diluted share Adjusted pre-tax, pre-provision earnings of $25.2 million Tangible book value per share decreased to $23.36 , compared to $23.44 at March 31, 2024 Common equity tier 1 capital ratio improved to 8.63% from 8.60% Net interest margin of 3.12% , compared to 3.18% in prior quarter...

ATLANTA , July 15, 2024 /PRNewswire/ -- Transend, the first B2B private-label working capital solution that is redefining how suppliers do business with their commercial customers, today announced its strategic partnership with Midland States Bank, a subsidiary of Midland States Bancorp, Inc. (NASDAQ: MSBI). Through this partnership, Transend and Midland will take an innovative approach to trad...

EFFINGHAM, Ill., July 05, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its second quarter 2024 financial results after market close on Thursday, July 25, 2024. 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 of ...

EFFINGHAM, Ill., May 07, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors has appointed Travis Franklin to its Board, effective May 7, 2024. Mr. Franklin has been appointed to the Board of Midland States Bank, the Company's wholly-owned Illinois bank subsidiary.