Midland States Bancorp (MSBI) Projected to Post Earnings on Thursday

Midland States Bancorp (NASDAQ:MSBI) is expected to be releasing its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect Midland States Bancorp to post earnings of $0.59 per share and revenue of $75.59 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, April 23, 2026 at 4:00 PM ET.

Midland States Bancorp (NASDAQ:MSBI) last announced its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $0.53 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.17). The company had revenue of $85.79 million for the quarter, compared to analysts’ expectations of $74.49 million. Midland States Bancorp had a net margin of 6.62% and a return on equity of 10.47%. On average, analysts expect Midland States Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Midland States Bancorp Price Performance

Shares of MSBI opened at $23.66 on Tuesday. Midland States Bancorp has a 1-year low of $14.24 and a 1-year high of $24.72. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a market capitalization of $507.98 million, a PE ratio of 23.43 and a beta of 0.57. The company’s fifty day moving average price is $22.52 and its 200-day moving average price is $20.38.

Midland States Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Friday, February 13th were issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 5.4%. The ex-dividend date of this dividend was Friday, February 13th. Midland States Bancorp’s dividend payout ratio is presently 126.73%.

Insider Activity

In other news, COO Kyle Owen Mooney sold 2,808 shares of the stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $22.67, for a total transaction of $63,657.36. Following the sale, the chief operating officer directly owned 14,207 shares of the company’s stock, valued at $322,072.69. This represents a 16.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 8.57% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Midland States Bancorp

Hedge funds have recently modified their holdings of the company. CANADA LIFE ASSURANCE Co boosted its stake in shares of Midland States Bancorp by 33.1% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 2,022 shares of the financial services provider’s stock worth $43,000 after acquiring an additional 503 shares in the last quarter. Amundi boosted its stake in shares of Midland States Bancorp by 39.4% during the 1st quarter. Amundi now owns 2,194 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 620 shares in the last quarter. CIBC Private Wealth Group LLC purchased a new stake in shares of Midland States Bancorp during the 3rd quarter worth about $46,000. Quadrant Capital Group LLC boosted its stake in shares of Midland States Bancorp by 302.7% during the 4th quarter. Quadrant Capital Group LLC now owns 4,599 shares of the financial services provider’s stock worth $97,000 after acquiring an additional 3,457 shares in the last quarter. Finally, Quantbot Technologies LP boosted its stake in shares of Midland States Bancorp by 32.0% during the 2nd quarter. Quantbot Technologies LP now owns 7,372 shares of the financial services provider’s stock worth $128,000 after acquiring an additional 1,787 shares in the last quarter. 60.93% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MSBI has been the topic of several recent research reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Midland States Bancorp in a report on Friday, March 27th. UBS Group set a $25.50 price target on shares of Midland States Bancorp in a report on Monday, January 26th. DA Davidson upped their price target on shares of Midland States Bancorp from $23.00 to $24.00 and gave the company a “neutral” rating in a report on Monday, January 26th. Wall Street Zen raised shares of Midland States Bancorp from a “sell” rating to a “hold” rating in a report on Friday, January 23rd. Finally, Piper Sandler upped their price target on shares of Midland States Bancorp from $23.00 to $25.50 and gave the company a “neutral” rating in a report on Monday, January 26th. Five research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Midland States Bancorp presently has a consensus rating of “Reduce” and a consensus target price of $23.00.

Midland States Bancorp Company Profile

Midland States Bancorp, Inc is a bank holding company headquartered in Effingham, Illinois, that oversees Midland States Bank, a community-focused financial institution. Through its subsidiary, the company provides a full range of commercial and retail banking services designed to meet the needs of individuals, small and mid-sized businesses, and nonprofit organizations. Its branch network spans key markets in Illinois, Missouri and Florida, where it emphasizes relationship-driven banking and local decision-making.

The company’s offerings include traditional deposit accounts, business and commercial lending, treasury and cash management services, mortgage financing and home equity products.