Midland States Bancorp Announces Cash Dividends
Midland States Bancorp, Inc. (NASDAQ: MSBI) has recently declared its quarterly cash dividends, providing good news for its shareholders. This commitment to regular dividends reflects the company's solid financial health and robust performance in the banking sector.
Details of the Dividends Announced
The Board of Directors has approved a cash dividend of $0.32 per share of common stock. Shareholders on record as of the close of business prior to the distribution date will receive this payment on November 21, 2025. This decision underscores the bank's ongoing dedication to returning value to its investors.
Preferred Stock Dividends
Additionally, Midland States Bancorp declared a cash dividend of $0.4844 per depository share concerning its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. This dividend will be available to stockholders of record as of December 15, 2025, with payment set to occur on December 30, 2025. The company continues to honor its commitments to preferred shareholders as part of its comprehensive capital management strategy.
Company Overview
Midland States Bancorp, Inc. operates as a community-focused financial holding company, offering diverse banking services to its clientele. With a base of operations in Illinois, the company stands as the sole shareholder of its subsidiary, Midland States Bank. Its latest financial data reveal total assets of approximately $6.91 billion, indicating steady growth in the banking sector. Moreover, its Wealth Management Group manages around $4.36 billion in assets under administration, emphasizing the company’s commitment to serving its clients effectively.
Comprehensive Banking Services
This financial entity boasts a comprehensive suite of services, which includes commercial and consumer banking products, business equipment financing, merchant credit card services, as well as trust, investment management, insurance, and financial planning services. Midland States Bancorp prides itself on its adaptability and responsiveness to the needs of its customers, a crucial aspect of its strategy for growth in an ever-evolving financial landscape.
Contact Information
For further inquiries, reach out to Eric T. Lemke, Chief Financial Officer, via email at elemke@midlandsb.com or by phone at (217) 342-7321. Midland States Bancorp encourages open communication with its stakeholders to foster transparency and trust.
Frequently Asked Questions
What is Midland States Bancorp's latest dividend payout?
The company recently declared a quarterly cash dividend of $0.32 per share of common stock.
When will the dividends be payable?
The common stock dividends will be payable on November 21, 2025, while the preferred stock dividends will be paid on December 30, 2025.
What financial services does Midland States Bancorp provide?
Midland States Bancorp offers various services including banking products, business financing, investment management, and financial planning.
How much total assets does Midland States Bancorp manage?
As of September 30, 2025, the company had total assets of approximately $6.91 billion.
Who can I contact for more information?
For inquiries, contact Eric T. Lemke, CFO, at elemke@midlandsb.com or call (217) 342-7321.
