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Midland States Bancrop ( (MSBI) ) has issued an announcement.
On March 5, 2026, Midland States Bancorp terminated Eric Lemke as Chief Financial Officer of the company and Midland States Bank, removing him from his roles as principal financial officer and principal accounting officer. On the same date, the board appointed 37-year-old Claire Stack, previously the company’s Corporate Controller since November 2025, as Vice President – Chief Accounting Officer and interim Chief Financial Officer, positioning an experienced CPA with extensive financial services and public company background to lead the finance function during the transition and reinforcing continuity in the firm’s accounting, reporting, and compliance operations.
The most recent analyst rating on (MSBI) stock is a Hold with a $23.00 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 held down primarily by deteriorated financial performance in 2025 (revenue decline, swing to net loss, and reduced equity/negative ROE), partially offset by still-positive cash flow. Technicals are mixed but generally constructive over longer timeframes, while valuation benefits from a high dividend yield but is constrained by a negative P/E. Corporate events are mildly positive overall, with dividend declarations and governance/investor activity balanced against the recent loss tied to portfolio repositioning.
To see Spark’s full report on MSBI stock, click here.
More about Midland States Bancrop
Midland States Bancorp, Inc. is a financial services holding company that operates Midland States Bank, a wholly owned banking subsidiary. The company competes in the U.S. banking sector, offering a range of banking and related financial services, and relies on experienced financial leadership to manage accounting, reporting, and regulatory compliance demands.
Average Trading Volume: 172,328
Technical Sentiment Signal: Buy
Current Market Cap: $459.7M
See more data about MSBI stock on TipRanks’ Stock Analysis page.