Midland States Bancorp (NASDAQ:MSBI – Get Free Report) will likely be announcing its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect Midland States Bancorp to announce earnings of $0.8880 per share and revenue of $83.77 million for the quarter. Parties can check the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 22, 2026 at 8:00 AM ET.
Midland States Bancorp (NASDAQ:MSBI – Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.04. The business had revenue of $83.74 million during the quarter, compared to analysts’ expectations of $80.70 million. Midland States Bancorp had a net margin of 9.40% and a return on equity of 13.32%. 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 Up 2.4%
Shares of NASDAQ MSBI opened at $32.56 on Wednesday. The company has a 50 day simple moving average of $32.92 and a 200 day simple moving average of $30.14. The firm has a market cap of $675.69 million, a PE ratio of 20.87 and a beta of 0.66. Midland States Bancorp has a 1 year low of $14.24 and a 1 year high of $35.10. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.78 and a quick ratio of 0.78.
Midland States Bancorp Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, August 21st. Investors of record on Friday, August 14th were issued a $0.33 dividend. The ex-dividend date was Friday, August 14th. This is a boost from Midland States Bancorp’s previous quarterly dividend of $0.32. This represents a $1.32 annualized dividend and a yield of 4.1%. Midland States Bancorp’s dividend payout ratio (DPR) is currently 84.62%.
Insiders Place Their Bets
In related news, CEO Jeffrey G. Ludwig sold 8,383 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $34.00, for a total value of $285,022.00. Following the transaction, the chief executive officer directly owned 400,971 shares of the company’s stock, 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 can be accessed through this hyperlink. Also, COO Kyle Mooney sold 2,400 shares of the business’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $33.33, for a total transaction 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. The trade was a 14.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 12,470 shares of company stock valued at $421,374 over the last three months. 8.57% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. Piper Sandler increased their price target on Midland States Bancorp from $32.00 to $35.00 and gave the stock a “neutral” rating in a report on Tuesday, July 28th. Weiss Ratings upgraded shares of Midland States Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, October 12th. Zacks Research downgraded shares of Midland States Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 25th. Wall Street Zen lowered shares of Midland States Bancorp from a “buy” rating to a “hold” rating in a research note on Saturday, August 22nd. Finally, Keefe, Bruyette & Woods increased their target price on shares of Midland States Bancorp from $28.00 to $31.00 and gave the stock a “market perform” rating in a research note on Monday, July 27th. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $31.12.
View Our Latest Stock Report on Midland States Bancorp
About Midland States Bancorp
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.
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