Midland States Bancrop ( (MSBI) ) has released a notification of late filing.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Midland States Bancorp, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The delay is primarily due to the need for additional time to finalize the evaluation of a third-party lending and servicing arrangement, as well as assessing the impact on internal controls over financial reporting. The company anticipates filing the report within fifteen calendar days following the prescribed due date. Management has indicated that there will be no material impact on previously reported financial results, including net income and earnings per share. The notification was signed by Eric T. Lemke, the Chief Financial Officer, who emphasized the company’s commitment to compliance and transparency.
More about Midland States Bancrop
YTD Price Performance: -23.17%
Average Trading Volume: 112,678
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $394.9M
See more insights into MSBI stock on TipRanks’ Stock Analysis page.