Midland States Bancorp (MSBI) Set to Release Earnings on Thursday

Midland States Bancorp (NASDAQ:MSBI) is expected to announce its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect the company to post earnings of $0.8880 per share and revenue of $83.77 million for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 22, 2026 at 8:00 AM ET.

Midland States Bancorp (NASDAQ:MSBI) last posted its earnings results on Thursday, July 23rd. The financial services provider reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.04. Midland States Bancorp had a return on equity of 13.32% and a net margin of 9.40%. The business had revenue of $83.74 million during the quarter, compared to analyst estimates of $80.70 million. On average, analysts expect Midland States Bancorp to post $3.43 EPS for the current fiscal year and $3.41 EPS for the next fiscal year.

Midland States Bancorp Stock Down 1.3%

MSBI stock opened at $31.80 on Tuesday. Midland States Bancorp has a 1-year low of $14.24 and a 1-year high of $35.10. The business has a fifty day moving average price of $32.93 and a 200-day moving average price of $30.07. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.78 and a quick ratio of 0.78. The stock has a market capitalization of $659.85 million, a P/E ratio of 13.54 and a beta of 0.66.

Midland States Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 21st. Investors of record on Friday, August 14th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 4.2%. This is a boost from Midland States Bancorp’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Friday, August 14th. Midland States Bancorp’s payout ratio is 84.62%.

Analyst Ratings Changes

Several research firms recently commented on MSBI. Piper Sandler lifted their price objective on Midland States Bancorp from $32.00 to $35.00 and gave the stock a “neutral” rating in a report on Tuesday, July 28th. DA Davidson boosted their target price on Midland States Bancorp from $30.00 to $33.00 and gave the stock a “neutral” rating in a research report on Monday, July 27th. Zacks Research cut shares of Midland States Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 25th. Wall Street Zen downgraded shares of Midland States Bancorp from a “buy” rating to a “hold” rating in a report on Saturday, August 22nd. Finally, Keefe, Bruyette & Woods raised their price target on shares of Midland States Bancorp from $28.00 to $31.00 and gave the company a “market perform” rating in a report on Monday, July 27th. One research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $31.12.

Insider Buying and Selling

In other Midland States Bancorp news, CEO Jeffrey Ludwig sold 8,383 shares of the business’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $34.00, for a total transaction of $285,022.00. Following the completion of the sale, the chief executive officer directly owned 400,971 shares in the company, valued at approximately $13,633,014. The trade was a 2.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Kyle Mooney sold 2,400 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $33.33, for a total value of $79,992.00. Following the completion of the transaction, the chief operating officer owned 13,610 shares in the company, valued at approximately $453,621.30. This trade represents a 14.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 12,470 shares of company stock valued at $421,374. 8.57% of the stock is currently owned by insiders.

Midland States Bancorp Company Profile

Midland States Bancorp, Inc is a financial holding company headquartered in Effingham, Illinois. Through its principal subsidiary, Midland States Bank, the company provides banking and related financial services to consumers, businesses and institutions.

Midland States Bank offers deposit products, residential and commercial real estate lending, commercial and industrial loans, consumer loans, treasury management and other business banking services. Its service offerings also include wealth management, trust and investment services, mortgage banking and equipment financing.

The company traces its banking operations to 1881 and serves customers primarily through a regional branch network and digital banking channels in the Midwest, with a significant presence in Illinois and additional operations in surrounding states.