Midland States Bancorp (MSBI) Expected to Announce Earnings on Thursday

Midland States Bancorp (NASDAQ:MSBI) is expected to be posting its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect Midland States Bancorp to announce earnings of $0.78 per share and revenue of $80.6980 million for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning report 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 quarterly earnings results on Thursday, April 23rd. The financial services provider reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.19. The firm had revenue of $81.10 million during 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 Trading Up 0.6%

Shares of Midland States Bancorp stock opened at $30.70 on Thursday. The firm has a market capitalization of $636.41 million, a PE ratio of 26.02 and a beta of 0.66. Midland States Bancorp has a twelve month low of $14.24 and a twelve month high of $31.74. The firm’s 50-day moving average price is $28.99 and its 200 day moving average price is $24.98. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.71.

Midland States Bancorp declared that its Board of Directors has approved a share repurchase plan on Wednesday, May 6th that permits the company to buyback $45.00 million in shares. This buyback authorization permits the financial services provider to buy up to 8% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Midland States Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, May 15th were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 4.2%. The ex-dividend date was Friday, May 15th. Midland States Bancorp’s payout ratio is 108.47%.

Insider Buying and Selling

In other Midland States Bancorp news, Director Travis Franklin bought 9,400 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were acquired at an average cost of $26.49 per share, with a total value of $249,006.00. Following the purchase, the director directly owned 9,400 shares of the company’s stock, valued at $249,006. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 8.57% of the company’s stock.

Institutional Investors Weigh In On Midland States Bancorp

A number of large investors have recently made changes to their positions in the stock. Amundi lifted its position 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 in the last quarter. Empowered Funds LLC grew its holdings in Midland States Bancorp by 3.5% in the 1st quarter. Empowered Funds LLC now owns 58,504 shares of the financial services provider’s stock valued at $1,002,000 after buying an additional 2,004 shares in the last quarter. Jane Street Group LLC purchased a new stake in Midland States Bancorp in the 1st quarter valued at $354,000. Rhumbline Advisers increased its stake in shares of Midland States Bancorp by 5.5% in the 2nd quarter. Rhumbline Advisers now owns 32,343 shares of the financial services provider’s stock worth $560,000 after acquiring an additional 1,687 shares during the last quarter. Finally, Hsbc Holdings PLC increased its stake in shares of Midland States Bancorp by 18.1% in the 2nd quarter. Hsbc Holdings PLC now owns 33,166 shares of the financial services provider’s stock worth $577,000 after acquiring an additional 5,075 shares during the last quarter. 60.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MSBI. Zacks Research upgraded Midland States Bancorp from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Wall Street Zen cut Midland States Bancorp from a “buy” rating to a “hold” rating in a research report on Sunday, May 24th. Weiss Ratings raised Midland States Bancorp from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Piper Sandler raised their price objective on Midland States Bancorp from $28.00 to $32.00 and gave the company a “neutral” rating in a report on Friday, June 26th. Finally, DA Davidson lifted their target price on shares of Midland States Bancorp from $23.00 to $26.00 and gave the stock a “neutral” rating in a research note on Monday, April 27th. One investment 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, Midland States Bancorp currently has a consensus rating of “Hold” and an average target price 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.