{"success":true,"data":{"pressRelease":{"id":"108676","rtpr_id":"nGNX6tvChb","ticker":"MSBI","exchange":"NASDAQ","all_tickers":["MSBI"],"title":"Midland States Bancorp, Inc. Increases Common Stock Cash Dividend to $0.33 Per Share and Declares Preferred Stock Dividend","author":"Globe Newswire","published_at":"2026-08-04T20:30:00.295Z","article_body":"EFFINGHAM, Ill., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp,\nInc. (Nasdaq: MSBI) announced today that its Board of Directors declared a\nquarterly cash dividend of $0.33 per share of its common stock, an increase of\n3.1% from the previous quarterly cash dividend of $0.32 per share. The\ndividend is payable on August 21, 2026 to all shareholders of record as of the\nclose of business on August 14, 2026.\n\nThe Board of Directors also declared a cash dividend of $0.4844 per depository\nshare on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock,\nSeries A. The dividend will be payable on September 30, 2026 to stockholders\nof record as of September 15, 2026.\n\nJeffrey G. Ludwig, President and Chief Executive Officer of the Company, said,\n“This dividend declaration marks the 26th consecutive year that Midland\nStates Bancorp has increased its quarterly cash dividend and reflects the\nsignificant progress we have made in strengthening our earnings and capital\nposition. As our financial performance continues to improve, we remain well\npositioned to invest in the long-term growth of our Community Banking and\nWealth Management businesses while delivering attractive, sustainable returns\nto shareholders.”\n\nAbout Midland States Bancorp, Inc.\n\nMidland States Bancorp, Inc. is a community-based financial holding company\nheadquartered in Effingham, Illinois, and is the sole shareholder of Midland\nStates Bank. As of June 30, 2026, the Company had total assets of\napproximately $6.70 billion, and its Wealth Management Group had assets under\nadministration of approximately $4.78 billion. The Company provides a full\nrange of commercial and consumer banking products and services, merchant\ncredit card services, trust and investment management, insurance and financial\nplanning services. For additional information, visit www.midlandsb.com/ or\nwww.linkedin.com/company/midland-states-bank.\n\nForward-Looking Statements\n\nReaders should note that in addition to the historical information contained\nherein, this press release includes “forward-looking statements” within\nthe meanings of the Private Securities Litigation Reform Act of 1995, Section\n27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecurities Exchange Act of 1934, as amended, including but not limited to\nstatements about the Company’s plans, objectives, future performance, goals\nand future earnings levels, including currently anticipated levels of\nnoninterest income and operating expenses. These statements are subject to\nmany risks and uncertainties, including changes in interest rates and other\ngeneral economic, business and political conditions; the impact of federal\ntrade policy, inflation, deposit volatility and potential regulatory\ndevelopments; the performance of our loan portfolio and our ability to manage\ncredit risk; changes in the financial markets; the effects of armed conflict,\nincluding the scope and duration of disruptions in global energy markets\nrelating to war in the Middle East; changes in the business environment\nresulting from the adoption of artificial intelligence, including fraud and\ncybersecurity risk; operational risks, including with respect to fraud and\ninformation technology; changes in business plans as circumstances warrant;\nchanges to U.S. and state tax laws, regulations and guidance; and other risks\ndetailed from time to time in filings made by the Company with the Securities\nand Exchange Commission, including the risk factors set forth in our Annual\nReport on Form 10-K for the year ended December 31, 2025, which are\nincorporated herein by reference. Readers should note that the forward-looking\nstatements included in this press release are not a guarantee of future\nevents, and that actual events may differ materially from those made in or\nsuggested by the forward-looking statements. Forward-looking statements\ngenerally can be identified by the use of forward-looking terminology such as\n“will,” “should,” “propose,” “may,” “plan,” “seek,”\n“expect,” “intend,” “estimate,” “anticipate,” “believe,”\n“continue,” “outlook,” “trends,” or similar terminology. Any\nforward-looking statements presented herein are made only as of the date of\nthis press release, and the Company does not undertake any obligation to\nupdate or revise any forward-looking statements to reflect changes in\nassumptions, the occurrence of unanticipated events, or otherwise.\n\nCONTACTS:\nClaire A. Stack, Chief Financial Officer, at cstack@midlandsb.com or (217)\n342-7321\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/c23ea7fd-a346-4531-a814-5ff25e8f32d4)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX6tvChb","title":"Midland States Bancorp, Inc. Increases Common Stock Cash Dividend to $0.33 Per Share and Declares Preferred Stock Dividend","author":"Globe Newswire","ticker":"MSBI","created":"2026-08-04T20:30:00.295Z","tickers":["MSBI"],"exchange":"NASDAQ","article_body":"EFFINGHAM, Ill., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp,\nInc. (Nasdaq: MSBI) announced today that its Board of Directors declared a\nquarterly cash dividend of $0.33 per share of its common stock, an increase of\n3.1% from the previous quarterly cash dividend of $0.32 per share. The\ndividend is payable on August 21, 2026 to all shareholders of record as of the\nclose of business on August 14, 2026.\n\nThe Board of Directors also declared a cash dividend of $0.4844 per depository\nshare on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock,\nSeries A. The dividend will be payable on September 30, 2026 to stockholders\nof record as of September 15, 2026.\n\nJeffrey G. Ludwig, President and Chief Executive Officer of the Company, said,\n“This dividend declaration marks the 26th consecutive year that Midland\nStates Bancorp has increased its quarterly cash dividend and reflects the\nsignificant progress we have made in strengthening our earnings and capital\nposition. As our financial performance continues to improve, we remain well\npositioned to invest in the long-term growth of our Community Banking and\nWealth Management businesses while delivering attractive, sustainable returns\nto shareholders.”\n\nAbout Midland States Bancorp, Inc.\n\nMidland States Bancorp, Inc. is a community-based financial holding company\nheadquartered in Effingham, Illinois, and is the sole shareholder of Midland\nStates Bank. As of June 30, 2026, the Company had total assets of\napproximately $6.70 billion, and its Wealth Management Group had assets under\nadministration of approximately $4.78 billion. The Company provides a full\nrange of commercial and consumer banking products and services, merchant\ncredit card services, trust and investment management, insurance and financial\nplanning services. For additional information, visit www.midlandsb.com/ or\nwww.linkedin.com/company/midland-states-bank.\n\nForward-Looking Statements\n\nReaders should note that in addition to the historical information contained\nherein, this press release includes “forward-looking statements” within\nthe meanings of the Private Securities Litigation Reform Act of 1995, Section\n27A of the Securities Act of 1933, as amended, and Section 21E of the\nSecurities Exchange Act of 1934, as amended, including but not limited to\nstatements about the Company’s plans, objectives, future performance, goals\nand future earnings levels, including currently anticipated levels of\nnoninterest income and operating expenses. These statements are subject to\nmany risks and uncertainties, including changes in interest rates and other\ngeneral economic, business and political conditions; the impact of federal\ntrade policy, inflation, deposit volatility and potential regulatory\ndevelopments; the performance of our loan portfolio and our ability to manage\ncredit risk; changes in the financial markets; the effects of armed conflict,\nincluding the scope and duration of disruptions in global energy markets\nrelating to war in the Middle East; changes in the business environment\nresulting from the adoption of artificial intelligence, including fraud and\ncybersecurity risk; operational risks, including with respect to fraud and\ninformation technology; changes in business plans as circumstances warrant;\nchanges to U.S. and state tax laws, regulations and guidance; and other risks\ndetailed from time to time in filings made by the Company with the Securities\nand Exchange Commission, including the risk factors set forth in our Annual\nReport on Form 10-K for the year ended December 31, 2025, which are\nincorporated herein by reference. Readers should note that the forward-looking\nstatements included in this press release are not a guarantee of future\nevents, and that actual events may differ materially from those made in or\nsuggested by the forward-looking statements. Forward-looking statements\ngenerally can be identified by the use of forward-looking terminology such as\n“will,” “should,” “propose,” “may,” “plan,” “seek,”\n“expect,” “intend,” “estimate,” “anticipate,” “believe,”\n“continue,” “outlook,” “trends,” or similar terminology. Any\nforward-looking statements presented herein are made only as of the date of\nthis press release, and the Company does not undertake any obligation to\nupdate or revise any forward-looking statements to reflect changes in\nassumptions, the occurrence of unanticipated events, or otherwise.\n\nCONTACTS:\nClaire A. Stack, Chief Financial Officer, at cstack@midlandsb.com or (217)\n342-7321\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/c23ea7fd-a346-4531-a814-5ff25e8f32d4)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-04T20:30:00.42767585Z","server_sent_at_ms":1785875400427},"received_at":"2026-08-04T20:30:00.531Z","source_url":"https://www.globenewswire.com/news-release/2026/08/04/3338864/0/en/midland-states-bancorp-inc-increases-common-stock-cash-dividend-to-0-33-per-share-and-declares-preferred-stock-dividend.html"},"analysis":{"id":"97682","press_release_id":"108676","analysis_json":{"industry":{"label":"Banks","sector":"Financials"},"redFlags":[],"eventType":"dividend","narrative":"Midland States Bancorp announced a 3.1% increase in its quarterly common stock dividend to $0.33 per share, marking its 26th consecutive year of dividend growth.\n\nThe Board also declared a cash dividend of $0.4844 per share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A.\n\nManagement cited strengthened earnings and capital position, positioning the company to invest in Community Banking and Wealth Management growth.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine dividend hike maintains 26-year streak, unlikely to move the needle significantly for broader market."},"keyFigures":{"customDimensions":{"total_assets":6700000000,"prior_dividend":0.32,"dividend_per_share":0.33,"preferred_dividend":0.4844,"assets_under_administration":4780000000}},"quotedText":"This dividend declaration marks the 26th consecutive year that Midland States Bancorp has increased its quarterly cash dividend and reflects the significant progress we have made in strengthening our earnings and capital position.","namedEntities":{"people":[{"name":"Jeffrey G. Ludwig","role":"President and Chief Executive Officer"},{"name":"Claire A. Stack","role":"Chief Financial Officer"}],"products":[],"companies":[{"name":"Midland States Bancorp, Inc.","ticker":"MSBI"},{"name":"Midland States Bank","ticker":"MSBI","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$0.33","context":"quarterly cash dividend per common share"},{"amount":"$0.32","context":"previous quarterly cash dividend per common share"},{"amount":"$0.4844","context":"cash dividend per preferred depository share"},{"amount":"$6.70 billion","context":"total assets as of June 30, 2026"},{"amount":"$4.78 billion","context":"Wealth Management Group assets under administration"}]},"materialImpact":{"score":2,"reasoning":"Routine dividend increase of 3.1% (1 cent) marks 26 consecutive years of increases. While positive for income investors, the increment is small and standard for a regional bank, lacking surprise or strategic shift."},"tickerRelevance":{"others":[],"primary":"MSBI"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"routine_dividend_hike","sectorWeight":"regional_bank"}},"event_type":"dividend","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Midland States Bancorp announced a 3.1% increase in its quarterly common stock dividend to $0.33 per share, marking its 26th consecutive year of dividend growth.\n\nThe Board also declared a cash dividend of $0.4844 per share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A.\n\nManagement cited strengthened earnings and capital position, positioning the company to invest in Community Banking and Wealth Management growth.","key_figures":{"customDimensions":{"total_assets":6700000000,"prior_dividend":0.32,"dividend_per_share":0.33,"preferred_dividend":0.4844,"assets_under_administration":4780000000}},"named_entities":{"people":[{"name":"Jeffrey G. Ludwig","role":"President and Chief Executive Officer"},{"name":"Claire A. Stack","role":"Chief Financial Officer"}],"products":[],"companies":[{"name":"Midland States Bancorp, Inc.","ticker":"MSBI"},{"name":"Midland States Bank","ticker":"MSBI","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$0.33","context":"quarterly cash dividend per common share"},{"amount":"$0.32","context":"previous quarterly cash dividend per common share"},{"amount":"$0.4844","context":"cash dividend per preferred depository share"},{"amount":"$6.70 billion","context":"total assets as of June 30, 2026"},{"amount":"$4.78 billion","context":"Wealth Management Group assets under administration"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-05T04:08:10.461Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"routine_dividend_hike","sectorWeight":"regional_bank"}},"durationMs":140291,"modelName":"glm-4.7"}}