MSBI
Midland States Bancorp, Inc.21.69
+0.32+1.5%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
467.46MP/E (TTM)
-Basic EPS (TTM)
-7.38Dividend Yield
0.06%Recent Filings
8-K
CFO terminated; interim named
Midland States Bancorp terminated CFO Eric Lemke on March 5, 2026, appointing Claire Stack, 37, as interim CFO and Chief Accounting Officer. Stack, a CPA with 15+ years in financial services including prior roles at Steelcase and Big Four firms, steps in after joining as Corporate Controller in November 2025. Company signed her to a change-of-control agreement with severance up to 150% pay. Smooth transition, but leadership shakeup signals flux.
10-K
FY2025 results
Midland States Bancorp posted a $124M net loss for FY2025 ended December 31, 2025, driven by $154M goodwill impairment, $23M equipment finance sale loss, and $111M charge-offs, yet net interest income held steady at $237M (3.64% margin, up 29bps y/y) amid Fed cuts. Loans shrank 16% to $4.35B after selling non-core portfolios including $317M GreenSky (Q2) and equipment finance (Q4), slashing nonperformers to 1.5% from 2.9%; provision fell 50% to $60M with ACL at 1.59%. Deposits dropped 12% to $5.42B, brokered CDs nearly gone; repurchased $10M common stock under new program. Q4 saw $6.6M credit enhancement boost from partner changes. CRE concentrations eased but remain a risk.
8-K
Appoints Patriot partner to board
Midland States Bancorp expanded its board to 11 members, appointing James F. Deutsch, Patriot Financial Partners partner, as Class II director effective February 3, 2026; he's also joining the bank's board. This follows Patriot's open-market purchase of common stock. Patriot adds banking expertise. Management welcomes the sophisticated investor.
8-K
Dividends declared on common, preferred
Midland States Bancorp declared a quarterly common stock dividend of $0.32 per share, payable February 20, 2026 to holders of record February 13. It also set $0.4844 per depositary share on its 7.75% Series A preferred stock, due March 30 to record holders March 16. Steady payouts signal board confidence. No risks disclosed.
8-K
Q4 loss masks cleanup gains
Midland States Bancorp posted a Q4 2025 net loss of $5.1 million ($0.24/share) after a $21.4 million hit from selling most of its equipment finance portfolio, yet adjusted earnings hit $11.9 million ($0.53/share). Credit cleanup slashed nonperforming assets to 1.02% of assets; Community Bank loans grew 6.5% annualized. Capital strengthened to 9.89% CET1. Momentum builds.
IPO
Website
Employees
Sector
Industry
FFBC
First Financial Bancorp.
26.58-0.40
FMBH
First Mid Bancshares, Inc.
42.28-0.01
MFBI
Monroe Federal Bancorp, Inc.
10.73-0.08
MPB
Mid Penn Bancorp
32.21-0.13
MSBB
Mercer Bancorp, Inc.
15.75+0.00
MSVB
Mid-Southern Bancorp, Inc.
17.69+0.19
NWBI
Northwest Bancshares, Inc.
12.71-0.07
SMBC
Southern Missouri Bancorp, Inc.
62.22+0.48
USB
U.S. Bancorp
53.47-0.24
WTBA
West Bancorporation
23.96+0.20