Midland States Bancorp Announces Finance Leadership Transition

Midland States Bancrop ( (MSBI) ) has provided an announcement.

On December 19, 2025, Midland States Bancorp, Inc. announced that Donald J. Spring, Chief Accounting Officer and Corporate Controller of Midland States Bank and principal accounting officer of the company, plans to retire effective January 2, 2026. Upon his retirement, the company’s Chief Financial Officer, Eric T. Lemke, will assume the role of principal accounting officer, signaling an internal leadership transition in the finance function that should support continuity in the company’s accounting oversight and financial reporting processes.

The most recent analyst rating on (MSBI) stock is a Hold with a $21.50 price target. To see the full list of analyst forecasts on Midland States Bancrop stock, see the MSBI Stock Forecast page.

Spark’s Take on MSBI Stock

According to Spark, TipRanks’ AI Analyst, MSBI is a Neutral.

Midland States Bancorp’s overall stock score reflects a stable financial position with strong cash flow generation and a positive technical trend. However, the negative P/E ratio and overbought technical indicators pose risks. The company’s proactive corporate actions, such as dividends and stock buybacks, are positive but are offset by recent income declines and operational challenges.

To see Spark’s full report on MSBI stock, click here.

More about Midland States Bancrop

Midland States Bancorp, Inc. is a bank holding company whose primary subsidiary, Midland States Bank, provides commercial and retail banking services. The company focuses on serving consumers, small and mid-sized businesses, and other institutional clients through a range of lending, deposit, and related financial products.

Average Trading Volume: 178,885

Technical Sentiment Signal: Strong Buy

Current Market Cap: $468.3M

See more insights into MSBI stock on TipRanks’ Stock Analysis page.