Midland States Bancorp (MSBI) Projected to Post Quarterly Earnings on Thursday

Key Points

• Q1 2026 results are due after the close on April 23, with analysts forecasting $0.59 EPS and $75.59M in revenue.
• The company recently paid a quarterly dividend of $0.32 (annualized yield ~5.4%), but the payout ratio is a high 126.73%, raising sustainability concerns.
• Analysts' consensus rates MSBI as "Reduce" with a $23 target; the stock trades at a PE of ~23.27 (market cap ~$504.6M) and the firm missed EPS in the prior quarter (reported $0.53 vs. $0.70 expected).

Midland States Bancorp (NASDAQ:MSBI - Get Free Report) is anticipated to post its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect Midland States Bancorp to post earnings of $0.59 per share and revenue of $75.59 million for the quarter. Interested persons can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, April 23, 2026 at 4:00 PM ET.

Midland States Bancorp (NASDAQ:MSBI - Get Free Report) last posted its earnings results on Thursday, January 22nd. The financial services provider reported $0.53 earnings per share for the quarter, missing analysts' consensus estimates of $0.70 by ($0.17). The company had revenue of $85.79 million for the quarter, compared to the consensus estimate of $74.49 million. Midland States Bancorp had a return on equity of 10.47% and a net margin of 6.62%. On average, analysts expect Midland States Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Midland States Bancorp Stock Performance

NASDAQ MSBI opened at $23.50 on Thursday. The firm's fifty day moving average price is $22.53 and its two-hundred day moving average price is $20.22. The stock has a market cap of $504.55 million, a PE ratio of 23.27 and a beta of 0.57. Midland States Bancorp has a fifty-two week low of $14.24 and a fifty-two week high of $24.72. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.80 and a current ratio of 0.80.

Midland States Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Friday, February 13th were paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend was Friday, February 13th. Midland States Bancorp's payout ratio is presently 126.73%.

Analysts Set New Price Targets

A number of research firms have weighed in on MSBI. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Midland States Bancorp in a research note on Friday, March 27th. Zacks Research cut shares of Midland States Bancorp from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 20th. UBS Group set a $25.50 target price on shares of Midland States Bancorp in a research note on Monday, January 26th. DA Davidson boosted their price objective on shares of Midland States Bancorp from $23.00 to $24.00 and gave the stock a "neutral" rating in a research note on Monday, January 26th. Finally, Wall Street Zen raised shares of Midland States Bancorp from a "sell" rating to a "hold" rating in a research note on Friday, January 23rd. Five research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Reduce" and a consensus target price of $23.00.

Insider Transactions at Midland States Bancorp

In related news, COO Kyle Owen Mooney sold 2,808 shares of the business's stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $22.67, for a total value of $63,657.36. Following the transaction, the chief operating officer owned 14,207 shares in the company, valued at $322,072.69. The trade was a 16.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 8.57% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Midland States Bancorp

Hedge funds and other institutional investors have recently bought and sold shares of the company. CANADA LIFE ASSURANCE Co boosted its position in shares of Midland States Bancorp by 33.1% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 2,022 shares of the financial services provider's stock worth $43,000 after purchasing an additional 503 shares in the last quarter. Amundi boosted its position in shares of Midland States Bancorp by 39.4% during the 1st quarter. Amundi now owns 2,194 shares of the financial services provider's stock worth $38,000 after purchasing an additional 620 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Midland States Bancorp by 2.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 41,792 shares of the financial services provider's stock worth $885,000 after purchasing an additional 992 shares in the last quarter. First Trust Advisors LP boosted its position in shares of Midland States Bancorp by 8.1% during the 2nd quarter. First Trust Advisors LP now owns 14,385 shares of the financial services provider's stock worth $249,000 after purchasing an additional 1,084 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of Midland States Bancorp by 12.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 12,334 shares of the financial services provider's stock worth $262,000 after purchasing an additional 1,403 shares in the last quarter. Institutional investors and hedge funds own 60.93% of the company's stock.

About Midland States Bancorp

Midland States Bancorp, Inc is a bank holding company headquartered in Effingham, Illinois, that oversees Midland States Bank, a community-focused financial institution. Through its subsidiary, the company provides a full range of commercial and retail banking services designed to meet the needs of individuals, small and mid-sized businesses, and nonprofit organizations. Its branch network spans key markets in Illinois, Missouri and Florida, where it emphasizes relationship-driven banking and local decision-making.

The company's offerings include traditional deposit accounts, business and commercial lending, treasury and cash management services, mortgage financing and home equity products.

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