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Midland States Bancrop ( (MSBI) ) has issued an update.
Midland States Bancorp, Inc. announced on August 22, 2025, that it received a deficiency notification from Nasdaq due to the delayed filing of its Quarterly Report on Form 10-Q for the period ending June 30, 2025. This delay is attributed to previous delays in filing its annual and quarterly reports due to restatements of financial statements. The notice does not immediately affect the company’s stock listing, and Midland States Bancorp has until October 18, 2025, to submit a compliance plan to Nasdaq, with a potential extension until February 26, 2026. The company intends to regain compliance as soon as practicable.
The most recent analyst rating on (MSBI) stock is a Hold with a $19.00 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.
Midland States Bancorp’s overall score reflects its operational challenges and negative profitability, offset by strong cash flows and positive corporate actions like dividend increases. Technical indicators suggest a neutral trend, while valuation is impacted by recent losses despite a high dividend yield. The Nasdaq deficiency notice adds a risk factor.
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, as of June 30, 2025, had total assets of approximately $7.16 billion. The company offers a wide range of services including commercial and consumer banking, business equipment financing, merchant credit card services, trust and investment management, insurance, and financial planning services.
Average Trading Volume: 131,308
Technical Sentiment Signal: Sell
Current Market Cap: $375.1M
For a thorough assessment of MSBI stock, go to TipRanks’ Stock Analysis page.