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

Key Points

• Midland States Bancorp is expected to report Q3 2026 results after Thursday’s market close, with analysts forecasting $0.888 in earnings per share and $83.77 million in revenue. The earnings call is scheduled for October 22 at 8:00 a.m. ET.
• The company exceeded expectations in the prior quarter, reporting $0.82 EPS versus the $0.78 consensus and $83.74 million in revenue. Analysts project full-year EPS of $3.39 and next-year EPS of $3.41.
• Midland States raised its quarterly dividend to $0.33, equal to an annualized $1.32 payout and a 4.1% yield. The stock was trading at $31.84, while analysts maintained an average “Hold” rating and a $31.12 consensus price target.

Midland States Bancorp (NASDAQ:MSBI - Get Free Report) will likely be releasing its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.8880 per share and revenue of $83.77 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings report 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 posted its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $0.82 EPS for the quarter, topping the consensus estimate of $0.78 by $0.04. Midland States Bancorp had a net margin of 9.40% and a return on equity of 13.32%. The business had revenue of $83.74 million during the quarter, compared to the consensus estimate of $80.70 million. On average, analysts expect Midland States Bancorp to post $3.39 EPS for the current fiscal year and $3.41 EPS for the next fiscal year.

Midland States Bancorp Trading Down 1.0%

NASDAQ:MSBI opened at $31.84 on Thursday. The company has a market capitalization of $660.74 million, a P/E ratio of 20.41 and a beta of 0.66. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.73. Midland States Bancorp has a 12 month low of $14.24 and a 12 month high of $35.10. The firm has a fifty day simple moving average of $33.02 and a 200-day simple moving average of $29.86.

Midland States Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 21st. Investors of record on Friday, August 14th were paid a $0.33 dividend. This is a positive change from Midland States Bancorp's previous quarterly dividend of $0.32. The ex-dividend date was Friday, August 14th. This represents a $1.32 dividend on an annualized basis and a yield of 4.1%. Midland States Bancorp's dividend payout ratio (DPR) is 84.62%.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Weiss Ratings raised Midland States Bancorp from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday. DA Davidson increased their price objective on Midland States Bancorp from $30.00 to $33.00 and gave the company a "neutral" rating in a report on Monday, July 27th. Zacks Research lowered Midland States Bancorp from a "strong-buy" rating to a "hold" rating in a report on Friday, September 25th. Wall Street Zen cut Midland States Bancorp from a "buy" rating to a "hold" rating in a research note on Saturday, August 22nd. Finally, Piper Sandler raised their price objective on Midland States Bancorp from $32.00 to $35.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 28th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Midland States Bancorp presently has an average rating of "Hold" and a consensus target price of $31.12.

Insiders Place Their Bets

In related news, COO Kyle Mooney sold 2,400 shares of the firm's stock in a transaction on 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 of the company's stock, valued at $453,621.30. This trade represents a 14.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jeffrey Ludwig sold 8,383 shares of the business's stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $34.00, for a total transaction of $285,022.00. Following the transaction, the chief executive officer owned 400,971 shares of the company's stock, valued at $13,633,014. This represents a 2.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 12,470 shares of company stock worth $421,374 in the last quarter. Company insiders own 8.57% of the company's stock.

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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