Midland States Bancorp (MSBI) to Post Earnings on Thursday

Midland States Bancorp (NASDAQ:MSBI) will likely be issuing its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect the company to post earnings of $0.78 per share and revenue of $80.6980 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 23, 2026 at 4:00 PM ET.

Midland States Bancorp (NASDAQ:MSBI) last released its earnings results on Thursday, April 23rd. The financial services provider reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.19. The company had revenue of $81.10 million for the quarter, compared to the consensus estimate of $75.59 million. Midland States Bancorp had a net margin of 7.53% and a return on equity of 11.55%. 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 Stock Up 2.1%

Shares of NASDAQ MSBI opened at $31.49 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.71. The firm has a market cap of $652.79 million, a PE ratio of 26.69 and a beta of 0.66. The company’s fifty day simple moving average is $29.27 and its 200 day simple moving average is $25.26. Midland States Bancorp has a 12-month low of $14.24 and a 12-month high of $31.82.

Midland States Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 15th were issued a dividend of $0.32 per share. The ex-dividend date was Friday, May 15th. This represents a $1.28 annualized dividend and a dividend yield of 4.1%. Midland States Bancorp’s dividend payout ratio is currently 108.47%.

Midland States Bancorp declared that its board has initiated a share buyback program on Wednesday, May 6th that authorizes the company to buyback $45.00 million in outstanding shares. This buyback authorization authorizes the financial services provider to reacquire up to 8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Insider Activity at Midland States Bancorp

In related news, Director Travis Franklin acquired 9,400 shares of the stock in a transaction dated Tuesday, May 5th. The stock was purchased at an average cost of $26.49 per share, with a total value of $249,006.00. Following the completion of the purchase, the director directly owned 9,400 shares in the company, valued at $249,006. This trade represents a ? increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 8.57% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Midland States Bancorp

Several institutional investors have recently bought and sold shares of the stock. CANADA LIFE ASSURANCE Co grew its position in Midland States Bancorp by 33.1% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 2,022 shares of the financial services provider’s stock valued at $43,000 after buying an additional 503 shares during the period. Amundi increased its holdings in Midland States Bancorp by 39.4% during the first quarter. Amundi now owns 2,194 shares of the financial services provider’s stock worth $38,000 after buying an additional 620 shares during the last quarter. Commonwealth Equity Services LLC raised its position in Midland States Bancorp by 2.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 41,792 shares of the financial services provider’s stock worth $885,000 after acquiring an additional 992 shares during the period. First Trust Advisors LP raised its position in Midland States Bancorp by 8.1% in the second quarter. First Trust Advisors LP now owns 14,385 shares of the financial services provider’s stock worth $249,000 after acquiring an additional 1,084 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its stake in Midland States Bancorp by 12.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,334 shares of the financial services provider’s stock valued at $262,000 after acquiring an additional 1,403 shares during the last quarter. Institutional investors own 60.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on MSBI shares. Weiss Ratings upgraded Midland States Bancorp from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 4th. DA Davidson increased their price target on Midland States Bancorp from $23.00 to $26.00 and gave the stock a “neutral” rating in a report on Monday, April 27th. Wall Street Zen cut Midland States Bancorp from a “buy” rating to a “hold” rating in a research note on Sunday, May 24th. Zacks Research upgraded Midland States Bancorp from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. Finally, Piper Sandler upped their target price on Midland States Bancorp from $28.00 to $32.00 and gave the stock a “neutral” rating in a research report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $24.70.

About Midland States Bancorp

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.