Earnings summaries and quarterly performance for MSBI.
Executive leadership at MSBI.
Jeffrey G. Ludwig
President and Chief Executive Officer
Daniel E. Casey
Chief Risk Officer of the Bank
Eric T. Lemke
Chief Financial Officer
Jeffrey S. Mefford
Executive Vice President and President of the Bank
Jeremy A. Jameson
Executive Vice President - Chief Banking Officer (effective June 30, 2026)
Board of directors at MSBI.
Gerald J. Carlson
Director
Jeffrey C. Smith
Chairman of the Board
Jeffrey M. McDonnell
Director
Jennifer L. DiMotta
Director
Jerry L. McDaniel
Director
R. Dean Bingham
Director
Richard T. Ramos
Director
Robert F. Schultz
Director
Travis J. Franklin
Director
Research analysts who have asked questions during MSBI earnings calls.
Damon Del Monte
Keefe, Bruyette & Woods
5 questions for MSBI
Nathan Race
Piper Sandler & Co.
5 questions for MSBI
Terry McEvoy
Stephens Inc.
4 questions for MSBI
Manuel Navas
D.A. Davidson & Co.
3 questions for MSBI
Jeff Rulis
D.A. Davidson & Co.
2 questions for MSBI
Brandon Rud
Stephens Inc.
1 question for MSBI
Clark Wright
D.A. Davidson & Co.
1 question for MSBI
Daniel Tamayo
Raymond James Financial, Inc.
1 question for MSBI
Tim Delas
Raymond James
1 question for MSBI
Recent press releases and 8-K filings for MSBI.
- Midland States Bancorp, Inc. reported net income available to common shareholders of $5.3 million, or $0.24 per diluted share, for the third quarter of 2025, a decrease from $9.8 million, or $0.44 per diluted share, in the second quarter of 2025.
- The company recorded a $20.0 million provision for credit losses in Q3 2025, with $15 million specifically due to an increase in loss given default assumptions in the equipment finance portfolio.
- Midland States Bancorp, Inc. ceased equipment finance production effective September 30, 2025, as a strategic decision to reduce exposure to higher-risk asset classes.
- The net interest margin expanded to 3.79% in Q3 2025, up from 3.56% in the prior quarter, primarily driven by a decline in deposit costs to 2.12%.
- Nonperforming assets decreased to $70 million, or 1.02% of total assets, in Q3 2025, compared to 1.15% in the previous quarter.
- Midland States Bank reported fully diluted EPS of $0.24 and net income of $7.6 million for Q3 2025.
- The company's non-performing assets (NPAs) to total assets decreased to 1.02% from 1.15% in the prior quarter, with a $11.4 million reduction in NPAs.
- Total deposits decreased by $342.1 million to $5.605 billion, while loan balances decreased by $168 million to $4.868 billion in Q3 2025.
- Tangible book value per share increased to $21.16, and the TCE/TA ratio rose 34 basis points to 6.61%.
- The bank ceased originations of equipment finance and recorded a $20.0 million provision for credit losses, with $15 million attributed to increased loss given default assumptions in the equipment finance portfolio.
Quarterly earnings call transcripts for MSBI.
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