Press Releases May 5, 2026 04:30 PM

Midland States Bancorp, Inc. Announces Common Stock and Preferred Stock Dividends

Midland States Bancorp Declares Quarterly Dividends on Common and Preferred Stock

By Caleb Monroe
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MSBI

Midland States Bancorp, Inc. announced quarterly cash dividends of $0.32 per common share and $0.4844 per preferred share, signaling strong financial health and steady income return to shareholders. The dividend payments reflect confidence in the bank's financial position and earnings outlook.

Midland States Bancorp, Inc. Announces Common Stock and Preferred Stock Dividends
MSBI
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Key Points

  • Board declared a quarterly common stock dividend of $0.32 per share payable May 22, 2026.
  • Declared a preferred stock dividend of $0.4844 per depository share payable June 30, 2026.
  • Company holds total assets of approximately $6.55 billion and manages $4.47 billion in wealth management assets, indicating a significant presence in community banking and wealth services sectors.

EFFINGHAM, Ill., May 05, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.32 per share of its common stock. The dividend is payable on May 22, 2026 to all shareholders of record as of the close of business on May 15, 2026.

The Board of Directors also declared a cash dividend of $0.4844 per depository share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. The dividend will be payable on June 30, 2026 to stockholders of record as of June 15, 2026.

About Midland States Bancorp, Inc.

Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of March 31, 2026, the Company had total assets of approximately $6.55 billion, and its Wealth Management Group had assets under administration of approximately $4.47 billion. The Company provides a full range of commercial and consumer banking products and services, merchant credit card services, trust and investment management, insurance and financial planning services. For additional information, visit midlandsb.com or follow Midland States Bank on LinkedIn.

CONTACTS:
Claire A. Stack, Interim Chief Financial Officer, at cstack@midlandsb.com or (217) 342-7321


Risks

  • Dividend payments depend on sustained earnings and capital adequacy; any downturn in financial performance could affect future payouts.
  • Economic conditions impacting community banks such as Midland States, including interest rate fluctuations and credit risks, could influence company profitability.
  • Potential regulatory changes in the banking and financial services sector might impact dividend policies or business operations.

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