MSBI - Midland States Bancorp, Inc.
Midland States Bancorp is rated buy, driven by improving asset quality and lower credit provisions supporting higher earnings. MSBI's 4% dividend yield and 26 consecutive years of dividend growth, alongside ongoing share buybacks, offer strong shareholder returns. Wealth management achieved record assets and fees in 2Q26, with further growth expected from expanded advisor hiring.
Midland States Bancorp's preferred shares now offer a 7.7% yield, supported by improved operating performance and conservative lending practices. MSBI's net interest margin reached a seven-year high of 3.98%, driven by stable asset yields and lower borrowing costs. Loan-to-deposit ratio has dropped from near 100% to 73%, positioning MSBI as one of the most conservative regional banks in lending.
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
EDRY, OPBK, SUPN, MSBI and NXRT have been added to the Zacks Rank #1 (Strong Buy) List on August 7th, 2026.
NXRT, QUAD and MSBI made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 7th, 2026.
EFFINGHAM, Ill., Aug. 04, 2026 (GLOBE NEWSWIRE) -- 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, an increase of 3.1% from the previous quarterly cash dividend of $0.32 per share. The dividend is payable on August 21, 2026 to all shareholders of record as of the close of business on August 14, 2026.
MSBI made it to the Zacks Rank #1 (Strong Buy) value stock list on July 29, 2026.
NKSH, MSBI and STBA made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 29, 2026.
Does Midland States Bancorp (MSBI) have what it takes to be a top stock pick for momentum investors? Let's find out.
The headline numbers for Midland States Bancorp (MSBI) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Midland States Bancorp (MSBI) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.44 per share a year ago.
EFFINGHAM, Ill., July 23, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) (the “Company”) today reported net income available to common shareholders of $17.7 million, or $0.82 per diluted share, for the second quarter of 2026, compared to net income available to common shareholders of $16.2 million, or $0.74 per diluted share, for the first quarter of 2026. This also compares to net income available to common shareholders of $9.8 million, or $0.44 per diluted share, for the second quarter of 2025.
EFFINGHAM, Ill., July 09, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) announced today that it will issue its second quarter 2026 financial results after market close on Thursday, July 23, 2026. 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.
Midland States Bancorp (MSBI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Midland States Bancorp has rebounded sharply in 2026, with the stock up 68% in six months and improved Q1 results. MSBI's Q1 2026 earnings exceeded expectations, driven by better loan quality, net interest margin expansion, and efficiency gains. Despite progress, MSBI's asset quality remains below regional peers, with elevated CRE exposure and ongoing risks from nonperforming loans.
EFFINGHAM, Ill. , May 11, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) (the “Company”) announced today that Claire A. Stack has been appointed Executive Vice President and Chief Financial Officer of the Company and Midland States Bank, its wholly-owned subsidiary (the “Bank”), effective May 8, 2026.
EFFINGHAM, Ill., May 05, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) announced today that its Board of Directors has approved an amendment to the Company's current stock repurchase program that increases the amount of common stock authorized for repurchase from $25 million to $45 million and extends the expiration date of the program to December 31, 2026.
EFFINGHAM, Ill., May 05, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.32 per share of its common stock. The dividend is payable on May 22, 2026 to all shareholders of record as of the close of business on May 15, 2026.