Midland States Bancorp Declares Quarterly Cash Dividend

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

On May 6, 2025, Midland States Bancorp, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.31 per share for its common stock, payable on May 23, 2025, to shareholders of record by May 16, 2025. Additionally, a cash dividend of $0.4844 per depositary share was declared for its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, payable on June 30, 2025, to stockholders of record by June 16, 2025.

Spark’s Take on MSBI Stock

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

Midland States Bancorp exhibits solid revenue growth and financial stability but faces profitability challenges, as reflected in the financial performance. The technical indicators suggest a bearish momentum, which is a primary concern. Valuation metrics indicate a negative P/E ratio, offset slightly by a strong dividend yield. Corporate events reveal strategic repositioning efforts, which could positively influence long-term performance. Overall, the stock shows potential but is currently under pressure from several fronts.

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

More about Midland States Bancrop

Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois. It is the sole shareholder of Midland States Bank and offers a comprehensive range of commercial and consumer banking products and services, including business equipment financing, merchant credit card services, trust and investment management, insurance, and financial planning services. As of March 31, 2025, the company had total assets of approximately $7.46 billion, with its Wealth Management Group managing assets of around $4.10 billion.

Average Trading Volume: 120,315

Technical Sentiment Signal: Sell

Current Market Cap: $392.3M

For an in-depth examination of MSBI stock, go to TipRanks’ Stock Analysis page.