Midland States Bancorp Declares Quarterly Common and Preferred Dividends

Midland States Bancrop ( (MSBI) ) has issued an update.

On May 5, 2026, Midland States Bancorp, Inc. announced that its board declared a quarterly cash dividend of $0.32 per share on its common stock, payable on May 22, 2026, to shareholders of record as of May 15. The board also approved a cash dividend of $0.4844 per depository share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, payable on June 30, 2026, to stockholders of record as of June 15.

These dividend declarations underscore the company’s continued commitment to returning capital to both common and preferred shareholders while maintaining regular distributions. The moves may signal confidence in Midland States Bancorp’s capital position and earnings capacity, which can be reassuring for income-focused investors and supportive of the bank’s standing in the regional financial services sector.

The most recent analyst rating on (MSBI) stock is a Hold with a $25.00 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.

The score is driven primarily by improving financial performance with strong cash generation, supported by attractive valuation (low P/E and strong dividend yield). Technicals show an uptrend but appear overextended (RSI/Stoch elevated), tempering the overall rating, while corporate events add a modest positive tailwind.

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, and the sole shareholder of Midland States Bank. As of March 31, 2026, it reported total assets of about $6.55 billion and $4.47 billion in wealth management assets under administration, offering commercial and consumer banking, merchant card services, trust and investment management, insurance, and financial planning services.

The company operates as a regional provider of full-service banking and wealth management solutions, targeting both commercial and retail clients. Its diversified financial services platform positions it to compete in community and mid-market banking across its footprint, while fee-based businesses like wealth management add recurring revenue streams alongside traditional lending and deposit activities.

Average Trading Volume: 141,009

Technical Sentiment Signal: Buy

Current Market Cap: $538.4M

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