News & Videos - MIDLAND STATES BANCORP INC.

EFFINGHAM, Ill., April 05, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its first quarter 2024 financial results after market close on Thursday, April 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 its investor relations website. About Midland State Bancorp, Inc. Midland States Bancorp, Inc. is a...

EFFINGHAM, Ill., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) announced today that Gerald Carlson has been appointed to the Board of Directors of the Company and Midland States Bank. With the addition of Mr. Carlson, the Company’s Board of Directors now has 11 directors, with 10 of the directors classified as independent. “We are very pleased to add Jerry to our Board of Directors,” said Jeffrey C. Smith, Chairman of the...

EFFINGHAM, Ill., Feb. 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, an increase of 3.3% from the previous quarterly cash dividend of $0.30 per share. The dividend is payable on February 23, 2024 to all shareholders of record as of the close of business on February 16, 2024. The Board of Directors also declared a cash dividend of $0.4844 per depository...

EFFINGHAM, Ill., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (“Midland” or the “Company”) today announced that Jeffrey G. Ludwig, its President and Chief Executive Officer, has been appointed to the Federal Advisory Council (“FAC)” of the Board of Governors of the Federal Reserve Board. The Council, established by Congress under the Federal Reserve Act, provides the Board of Governors with the financial industry’s perspective on matters under the...

Fourth Quarter 2023 Highlights: Net income available to common shareholders of $18.5 million , or $0.84 per diluted share Adjusted earnings available to common shareholders of $19.8 million , or $0.89 per diluted share Tangible book value per share increased 7.8% from prior quarter to $23.35 Common equity tier 1 capital ratio improved to 8.40% from 8.07% Net interest margin of 3.21%, compared to 3.20% in prior quarter Efficiency ratio of 55.2% compared to 55.8% in prior quarter EFFINGHAM, Ill.,...

EFFINGHAM, Ill., Jan. 05, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its fourth quarter 2023 financial results after market close on Thursday, January 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 its investor relations website. About Midland State Bancorp, Inc. Midland States Bancorp, Inc. is a...

EFFINGHAM, Ill., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase up to $25 million of its common stock. The new stock repurchase program will become effective on January 1, 2024 and expires on December 31, 2024. The Company’s current stock repurchase program expires on December 31, 2023 and has approximately $7.2 million remaining under...

EFFINGHAM, Ill., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share of its common stock. The dividend is payable on November 24, 2023 to all shareholders of record as of the close of business on November 17, 2023. 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,...

Third Quarter 2023 Highlights: Net income available to common shareholders of $15.8 million , or $0.71 per diluted share Adjusted earnings per diluted share of $0.78 reflects impact of balance sheet repositioning that is expected to be accretive to earnings prospectively Common equity tier 1 capital ratio improved to 8.16% Efficiency ratio of 55.8% compared to 55.0% in prior quarter EFFINGHAM, Ill., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) (the “Company”)...

EFFINGHAM, Ill., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its third quarter 2023 financial results after market close on Thursday, October 26, 2023. 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 its investor relations website. About Midland State Bancorp, Inc. Midland States Bancorp, Inc. is a...

EFFINGHAM, Ill., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share of its common stock. The dividend is payable on August 18, 2023 to all shareholders of record as of the close of business on August 11, 2023. 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...

Second Quarter 2023 Highlights: Net income available to common shareholders of $19.3 million , or $0.86 per diluted share Efficiency ratio improved to 55.0% from prior quarter Total loan growth of $13.1 million , or 0.8% annualized Total deposit growth of $1.3 million or 0.1% annualized Common equity tier 1 capital ratio improved to 8.03% Tangible book value per share of $22.24 , an increase of 1.7% from prior quarter EFFINGHAM, Ill., July 27, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp,...

EFFINGHAM, Ill., July 07, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its second quarter 2023 financial results after market close on Thursday, July 27, 2023. 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 its investor relations website. About Midland State Bancorp, Inc. Midland States Bancorp, Inc. is a...

EFFINGHAM, Ill., May 02, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share of its common stock. The dividend is payable on May 19, 2023 to all shareholders of record as of the close of business on May 12, 2023. The Board of Directors 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...

First Quarter 2023 Highlights: Net income available to common shareholders of $19.5 million , or $0.86 per diluted share Total loan growth of $47.8 million , or 3.0% annualized from prior quarter Total deposits increased $60.5 million , or 3.8% annualized from prior quarter, with uninsured deposits of 21% Tangible book value per share of $21.87 , an increase of 4.4% from prior quarter EFFINGHAM, Ill., April 27, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) (the...

EFFINGHAM, Ill., April 05, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its first quarter 2023 financial results after market close on Thursday, April 27, 2023. 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 its investor relations website. As previously indicated, the Company has discontinued its practice of...

23 rd consecutive year that Midland States Bancorp has increased its quarterly cash dividend EFFINGHAM, Ill., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share of its common stock, an increase of 3.4% from the previous quarterly cash dividend of $0.29 per share. The dividend is payable on February 24, 2023 to all shareholders of record as of the close of business on...

Summary Net income available to common shareholders of $29.7 million , or $1.30 per diluted share $17.5 million gain on the termination of forward starting interest rate swaps, $3.3 million loss on commercial mortgage servicing rights held for sale and $3.5 million impairment on other real estate owned Total loans increased 7.0% annualized from prior quarter Tangible book value per share increased 4.0% from end of prior quarter Tangible common equity to tangible assets increased 24 basis points...

EFFINGHAM, Ill., Jan. 05, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its fourth quarter 2022 financial results after market close on Thursday, January 26, 2023. Midland States Bancorp will also host a conference call and webcast at 7:30 a.m. Central Time on Friday, January 27, 2023 to discuss its financial results. Analysts and investors may participate in the question-and-answer session. Participants on the conference call will need...

EFFINGHAM, Ill., Dec. 06, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase up to $25 million of its common stock. The new stock repurchase program will become effective on January 1, 2023 and expires on December 31, 2023. The Company’s current stock repurchase program expires on December 31, 2022 and has approximately $18.6 million remaining...