Midland States Bancorp (MSBI) to Announce Earnings on Thursday

Midland States Bancorp (NASDAQ:MSBI) is expected to be issuing its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect the company to announce earnings of $0.78 per share and revenue of $80.6980 million for the quarter. Parties can check the company’s upcoming Q2 2026 earning report 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 announced its quarterly 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. Midland States Bancorp had a return on equity of 11.55% and a net margin of 7.53%.The business had revenue of $81.10 million for the quarter, compared to the consensus estimate of $75.59 million. 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

MSBI opened at $30.85 on Tuesday. The business’s 50-day moving average is $29.18 and its two-hundred day moving average is $25.19. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.78 and a quick ratio of 0.78. Midland States Bancorp has a 1 year low of $14.24 and a 1 year high of $31.82. The firm has a market capitalization of $639.52 million, a PE ratio of 26.14 and a beta of 0.66.

Midland States Bancorp Dividend Announcement

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

Midland States Bancorp declared that its Board of Directors has initiated a share repurchase program on Wednesday, May 6th that allows the company to buyback $45.00 million in outstanding shares. This buyback authorization allows the financial services provider to repurchase up to 8% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its stock is undervalued.

Insider Activity

In other news, Director Travis Franklin acquired 9,400 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was purchased at an average price of $26.49 per share, with a total value of $249,006.00. Following the completion of the acquisition, the director owned 9,400 shares of the company’s stock, valued at $249,006. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 8.57% of the company’s stock.

Institutional Investors Weigh In On Midland States Bancorp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CANADA LIFE ASSURANCE Co raised its holdings in Midland States Bancorp by 33.1% in the 4th 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 lifted its holdings in 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 buying an additional 620 shares in the last quarter. CIBC Private Wealth Group LLC purchased a new position in Midland States Bancorp in the third quarter valued at $46,000. Quadrant Capital Group LLC grew its position in shares of Midland States Bancorp by 302.7% during the fourth quarter. Quadrant Capital Group LLC now owns 4,599 shares of the financial services provider’s stock worth $97,000 after buying an additional 3,457 shares in the last quarter. Finally, Quantbot Technologies LP raised its holdings in shares of Midland States Bancorp by 32.0% in the 2nd quarter. Quantbot Technologies LP now owns 7,372 shares of the financial services provider’s stock valued at $128,000 after purchasing an additional 1,787 shares in the last quarter. Institutional investors and hedge funds own 60.93% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.