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An announcement from Midland States Bancrop ( (MSBI) ) is now available.
On May 11, 2026, Midland States Bancorp announced that Claire A. Stack was appointed Executive Vice President and Chief Financial Officer of the company and Midland States Bank, effective May 8, 2026. Stack, who joined the bank in November 2025 as Corporate Controller and became Chief Accounting Officer and interim CFO in March 2026, brings over 15 years of accounting and finance leadership across financial services, public accounting, industrial real estate, and corporate roles.
Her promotion formalizes a leadership transition that management says has already provided stability and direction to the finance function, underscoring Midland’s emphasis on disciplined financial management as it pursues its strategic priorities. Stack’s compensation package includes a $350,000 base salary, performance-based bonus and equity awards, and post-employment non-solicitation restrictions, signaling the bank’s intent to retain senior financial talent and align executive incentives with shareholder interests.
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.
MSBI scores well on valuation (low P/E and strong dividend yield) and has supportive shareholder-return actions (dividends and an expanded buyback). Financial performance is improving with a TTM earnings rebound and solid cash generation, but declining revenue and still-subpar ROE versus prior years temper the outlook. Technically, the trend is strong, though overbought indicators add near-term volatility risk.
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 wealth management assets under administration of roughly $4.47 billion, offering commercial and consumer banking, merchant services, trust and investment management, insurance, and financial planning.
The company focuses on serving retail and business customers with a full suite of financial products, positioning itself as a regional player with diversified fee-based services alongside traditional lending and deposit operations. Its wealth management and advisory capabilities complement core banking, supporting a broader strategy to deepen client relationships and expand noninterest income.
Average Trading Volume: 143,881
Technical Sentiment Signal: Buy
Current Market Cap: $586.9M
Learn more about MSBI stock on TipRanks’ Stock Analysis page.