Midland States Bancorp (MSBI) Company Report

Patriot Financial Partners, L.P. acquired a position in Midland States Bancorp, Inc.'s common stock through open-market purchases.
Effective February 3, 2026, James F. Deutsch, a partner at Patriot Financial Partners, was appointed to Midland States Bancorp, Inc.'s Board of Directors and the Board of its wholly-owned subsidiary, Midland States Bank.
The Company's Board of Directors increased its size from ten to eleven members to accommodate Mr. Deutsch's appointment.

3 days ago

Midland States Bancorp, Inc. Announces Fourth Quarter 2025 Results

MSBI

Earnings

Share Buyback

Midland States Bancorp, Inc. reported a net loss available to common shareholders of $5.1 million, or $0.24 per diluted share, for the fourth quarter of 2025.
This loss included a $21.4 million loss on the sale of substantially all of the Company’s equipment finance portfolio. Excluding these transactions, adjusted earnings available to common shareholders were $11.9 million, or $0.53 per diluted share.
The company's net interest margin was 3.74% and the ratio of nonperforming assets to total assets was 1.02% for Q4 2025.
The common equity Tier 1 capital ratio rose to 9.89% as of December 31, 2025, and the company repurchased $9.6 million of common stock during the quarter.

Jan 22, 2026, 10:05 PM

Midland States Bancorp, Inc. Announces Q4 2025 Results

MSBI

Earnings

Financial Restatement

Share Buyback

Midland States Bancorp, Inc. reported a net loss available to common shareholders of $5.1 million, or $0.24 per diluted share, for the fourth quarter of 2025. Adjusted earnings available to common shareholders were $11.9 million, or $0.53 per diluted share.
The financial results for Q4 2025 included a $21.4 million loss on the sale of substantially all of the Company’s equipment finance portfolio and a $1.6 million loss on the sale of a small consumer loan portfolio.
The net interest margin for Q4 2025 was 3.74%, a 5 basis point decrease from the prior quarter, though it would have increased by 5 basis points excluding interest recoveries. The cost of deposits declined by 17 basis points to 1.95%.
The ratio of nonperforming assets to total assets remained consistent with the prior quarter at 1.02%, and the common equity tier 1 capital ratio rose to 9.89%. The Company also repurchased $9.6 million of common stock during the quarter.

Jan 22, 2026, 9:10 PM

Midland States Bancorp, Inc. Reports Q3 2025 Earnings Decline Amid Strategic Portfolio Shifts

MSBI

Earnings

Guidance Update

Profit Warning

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.

Oct 30, 2025, 8:05 PM

MSBI Reports Q3 2025 Results

MSBI

Earnings

Guidance Update

New Projects/Investments

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.