Midland States Bancorp, Inc. (MSBI) to Issue Quarterly Dividend of $0.33 on November 20th

Posted by Stanley Muller on Nov 4th, 2026

Midland States Bancorp, Inc. (NASDAQ:MSBI – Get Free Report) declared a quarterly dividend on Monday, November 2nd. Shareholders of record on Friday, November 13th will be given a dividend of $0.33 per share by the financial services provider on Friday, November 20th. This represents a $1.32 annualized dividend and a yield of 4.0%. The ex-dividend date is Friday, November 13th.

Midland States Bancorp has a payout ratio of 49.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Midland States Bancorp to earn $3.45 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 38.3%.

Midland States Bancorp Price Performance

Shares of NASDAQ MSBI opened at $33.22 on Wednesday. The firm has a market capitalization of $690.98 million, a PE ratio of 14.63 and a beta of 0.66. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.74 and a current ratio of 0.74. Midland States Bancorp has a fifty-two week low of $15.06 and a fifty-two week high of $35.10. The stock’s 50-day simple moving average is $32.98 and its 200-day simple moving average is $28.30.

Midland States Bancorp (NASDAQ:MSBI – Get Free Report) last announced its earnings results on Thursday, October 22nd. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. Midland States Bancorp had a net margin of 12.80% and a return on equity of 17.13%. The business had revenue of $86.14 million for the quarter, compared to analyst estimates of $83.77 million. As a group, equities research analysts forecast that Midland States Bancorp will post 3.44 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently commented on MSBI shares. Weiss Ratings cut shares of Midland States Bancorp from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, October 27th. DA Davidson increased their price target on shares of Midland States Bancorp from $30.00 to $33.00 and gave the stock a “neutral” rating in a research note on Monday, July 27th. Wall Street Zen downgraded shares of Midland States Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, August 22nd. Stephens increased their target price on Midland States Bancorp from $34.00 to $36.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 27th. Finally, 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. Six investment analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $32.50.

Check Out Our Latest Report on Midland States Bancorp

About Midland States Bancorp

(Get Free Report)

Midland States Bancorp, Inc is a financial holding company headquartered in Effingham, Illinois. Through its principal subsidiary, Midland States Bank, the company provides banking, wealth management and specialty finance services to individuals, families and businesses.

Its banking operations offer deposit accounts, commercial and residential real estate loans, consumer lending, commercial and industrial financing, treasury management and other cash-management services. The company also provides wealth management, trust and investment services, as well as equipment financing and leasing solutions for business customers.

Founded in 1881, Midland States Bank serves communities primarily in Illinois, Wisconsin and Ohio through a network of banking offices and other channels.