Midland States Bancorp (MSBI) Q4 Non-GAAP EPS Misses by $0.11, Revenue Beats by $11.22M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 23 2026
0mins
Should l Buy MSBI?
Source: seekingalpha
- Earnings Performance: Midland States Bancorp reported a Q4 Non-GAAP EPS of $0.53, missing expectations by $0.11, indicating pressure on profitability that could affect investor confidence.
- Revenue Trends: The company's Q4 revenue was $85.57 million, down 8.9% year-over-year, although it beat expectations by $11.22 million, the ongoing revenue decline may pose challenges for future growth.
- Asset Quality Metrics: The ratio of nonperforming assets to total assets remained stable at 1.02%, consistent with the prior quarter, indicating stable asset quality but still necessitating attention to potential credit loss risks.
- Credit Loss Provisions: The provision for credit losses on loans was $11.8 million in Q4, significantly down from $20.5 million in Q3, reflecting the company's cautious stance on future credit risks, which may help improve capital adequacy.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy MSBI?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on MSBI
Wall Street analysts forecast MSBI stock price to fall
3 Analyst Rating
0 Buy
3 Hold
0 Sell
Hold
Current: 22.840
Low
19.00
Averages
19.00
High
19.00
Current: 22.840
Low
19.00
Averages
19.00
High
19.00
About MSBI
Midland States Bancorp, Inc. is a diversified financial holding company. The Company’s segments include Banking, Wealth Management, and Other. The Banking segment provides a range of financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products; mortgage loan sales and servicing; letters of credit; various types of deposit products, including checking, savings and time deposit accounts; merchant services; and corporate treasury management services. The Wealth Management segment operates under the name Midland Wealth Management, which consists of trust and wealth management products and services, including financial and estate planning, trustee and custodial services, investment management, tax and insurance planning, business planning, corporate retirement plan consulting and administration and retail brokerage services through a nationally recognized third-party broker dealer.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Midland States Bancorp Dividend History Analysis
- Dividend Overview: Midland States Bancorp Inc's Reset Rate Non-Cumul Preferred Series A (Symbol: MSBIP) recently declared a dividend of $0.4844 per share, indicating the company's commitment to maintaining shareholder returns.
- Stock Performance: In Thursday trading, MSBIP shares rose approximately 0.4%, while common shares (Symbol: MSBI) fell about 1.2%, reflecting the preferred stock's relative resilience amid market fluctuations.
- Investor Focus: As market interest in S.A.F.E. dividend stocks grows, investors should consider companies with preferred shares to seek stable returns in uncertain market conditions.
- Market Perspective: While the author's views do not necessarily reflect those of Nasdaq, the analysis of Midland States Bancorp provides valuable insights into its dividend policy and market performance.
See More
Midland States Bancorp Added to High Yield Stocks List
- Target Price Increase: DA Davidson raised the price target for Midland States Bancorp from $23 to $24, maintaining a Neutral rating despite Q4 results falling short of expectations, indicating cautious optimism about future performance.
- Credit Quality Improvement: The company prioritized improving credit quality in 2025, and although non-performing assets remained above the 0.75% target, strengthening the credit team and tightening underwriting standards laid a solid foundation for continued improvement.
- Enhanced Capital Position: By year-end, the common equity tier 1 ratio improved to 9.89%, nearing the 10% target, while the company repurchased $9.6 million of its common stock during the quarter, demonstrating robust capital management.
- Loan Growth Momentum: The Community Bank segment experienced approximately 6.5% annualized loan growth, supported by a healthy net interest margin, and the wealth management business also achieved record performance, with expectations for this momentum to continue into 2026.
See More
Midland States Bancorp Welcomes New Board Member and Investment
- Shareholder Acquisition: Patriot Financial Partners has acquired a position in Midland States Bancorp's common stock through open-market purchases, enhancing confidence in the company's future and demonstrating institutional investors' recognition of its growth potential.
- New Board Member: James F. Deutsch has been appointed to the board effective February 3, 2026, bringing extensive experience in the financial services industry that will provide crucial support for the company's strategic development in a competitive market.
- Management's Remarks: Chairman Jeffrey C. Smith expressed pleasure in welcoming Jim to the board, emphasizing that Patriot's investment will enhance the company's market competitiveness and further drive shareholder returns.
- Asset Scale: As of December 31, 2025, Midland States Bancorp reported total assets of approximately $6.51 billion and assets under administration of approximately $4.48 billion in its Wealth Management Group, indicating a solid foundation and growth potential in the financial services sector.
See More
Midland States Bancorp Declares Quarterly Cash Dividend
- Quarterly Cash Dividend: Midland States Bancorp announced a cash dividend of $0.32 per share of common stock, payable on February 20, 2026, reflecting the company's commitment to shareholder returns and enhancing investor confidence.
- Preferred Stock Dividend: The company also declared a cash dividend of $0.4844 per depository share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, payable on March 30, 2026, which further enhances its appeal in the capital markets.
- Asset Scale: As of December 31, 2025, Midland States Bancorp had total assets of approximately $6.51 billion, indicating a solid financial foundation and market competitiveness that supports future growth strategies.
- Wealth Management Business: The company's Wealth Management Group had approximately $4.48 billion in assets under administration, showcasing its capability in providing comprehensive financial services aimed at attracting more high-net-worth clients and expanding market share.
See More
Midland States Bancorp (MSBI) Q4 Non-GAAP EPS Misses by $0.11, Revenue Beats by $11.22M
- Earnings Performance: Midland States Bancorp reported a Q4 Non-GAAP EPS of $0.53, missing expectations by $0.11, indicating pressure on profitability that could affect investor confidence.
- Revenue Trends: The company's Q4 revenue was $85.57 million, down 8.9% year-over-year, although it beat expectations by $11.22 million, the ongoing revenue decline may pose challenges for future growth.
- Asset Quality Metrics: The ratio of nonperforming assets to total assets remained stable at 1.02%, consistent with the prior quarter, indicating stable asset quality but still necessitating attention to potential credit loss risks.
- Credit Loss Provisions: The provision for credit losses on loans was $11.8 million in Q4, significantly down from $20.5 million in Q3, reflecting the company's cautious stance on future credit risks, which may help improve capital adequacy.
See More
Midland States Bancorp to Release Q4 2025 Financial Results on January 22
- Earnings Release Schedule: Midland States Bancorp will announce its Q4 2025 financial results after market close on January 22, 2026, which is expected to provide investors with insights into the company's latest financial performance and future outlook.
- Asset Scale Overview: As of September 30, 2025, the company reported total assets of approximately $6.91 billion, reflecting robust growth in the community banking sector and enhancing its competitive position in the market.
- Wealth Management Assets: The company's Wealth Management Group had approximately $4.36 billion in assets under administration, indicating strong performance in wealth management services that helps increase customer loyalty and diversify revenue streams.
- Comprehensive Financial Services: Midland States Bancorp offers a full range of commercial and consumer banking products and services, including merchant credit card services, trust, and investment management, aimed at meeting diverse financial needs and driving business growth.
See More
Midland States Bancorp Dividend History Analysis
- Dividend Overview: Midland States Bancorp Inc's Reset Rate Non-Cumul Preferred Series A (Symbol: MSBIP) recently declared a dividend of $0.4844 per share, indicating the company's commitment to maintaining shareholder returns.
- Stock Performance: In Thursday trading, MSBIP shares rose approximately 0.4%, while common shares (Symbol: MSBI) fell about 1.2%, reflecting the preferred stock's relative resilience amid market fluctuations.
- Investor Focus: As market interest in S.A.F.E. dividend stocks grows, investors should consider companies with preferred shares to seek stable returns in uncertain market conditions.
- Market Perspective: While the author's views do not necessarily reflect those of Nasdaq, the analysis of Midland States Bancorp provides valuable insights into its dividend policy and market performance.
See More
Midland States Bancorp Added to High Yield Stocks List
- Target Price Increase: DA Davidson raised the price target for Midland States Bancorp from $23 to $24, maintaining a Neutral rating despite Q4 results falling short of expectations, indicating cautious optimism about future performance.
- Credit Quality Improvement: The company prioritized improving credit quality in 2025, and although non-performing assets remained above the 0.75% target, strengthening the credit team and tightening underwriting standards laid a solid foundation for continued improvement.
- Enhanced Capital Position: By year-end, the common equity tier 1 ratio improved to 9.89%, nearing the 10% target, while the company repurchased $9.6 million of its common stock during the quarter, demonstrating robust capital management.
- Loan Growth Momentum: The Community Bank segment experienced approximately 6.5% annualized loan growth, supported by a healthy net interest margin, and the wealth management business also achieved record performance, with expectations for this momentum to continue into 2026.
See More
Midland States Bancorp Welcomes New Board Member and Investment
- Shareholder Acquisition: Patriot Financial Partners has acquired a position in Midland States Bancorp's common stock through open-market purchases, enhancing confidence in the company's future and demonstrating institutional investors' recognition of its growth potential.
- New Board Member: James F. Deutsch has been appointed to the board effective February 3, 2026, bringing extensive experience in the financial services industry that will provide crucial support for the company's strategic development in a competitive market.
- Management's Remarks: Chairman Jeffrey C. Smith expressed pleasure in welcoming Jim to the board, emphasizing that Patriot's investment will enhance the company's market competitiveness and further drive shareholder returns.
- Asset Scale: As of December 31, 2025, Midland States Bancorp reported total assets of approximately $6.51 billion and assets under administration of approximately $4.48 billion in its Wealth Management Group, indicating a solid foundation and growth potential in the financial services sector.
See More
Midland States Bancorp Declares Quarterly Cash Dividend
- Quarterly Cash Dividend: Midland States Bancorp announced a cash dividend of $0.32 per share of common stock, payable on February 20, 2026, reflecting the company's commitment to shareholder returns and enhancing investor confidence.
- Preferred Stock Dividend: The company also declared a cash dividend of $0.4844 per depository share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, payable on March 30, 2026, which further enhances its appeal in the capital markets.
- Asset Scale: As of December 31, 2025, Midland States Bancorp had total assets of approximately $6.51 billion, indicating a solid financial foundation and market competitiveness that supports future growth strategies.
- Wealth Management Business: The company's Wealth Management Group had approximately $4.48 billion in assets under administration, showcasing its capability in providing comprehensive financial services aimed at attracting more high-net-worth clients and expanding market share.
See More
Midland States Bancorp (MSBI) Q4 Non-GAAP EPS Misses by $0.11, Revenue Beats by $11.22M
- Earnings Performance: Midland States Bancorp reported a Q4 Non-GAAP EPS of $0.53, missing expectations by $0.11, indicating pressure on profitability that could affect investor confidence.
- Revenue Trends: The company's Q4 revenue was $85.57 million, down 8.9% year-over-year, although it beat expectations by $11.22 million, the ongoing revenue decline may pose challenges for future growth.
- Asset Quality Metrics: The ratio of nonperforming assets to total assets remained stable at 1.02%, consistent with the prior quarter, indicating stable asset quality but still necessitating attention to potential credit loss risks.
- Credit Loss Provisions: The provision for credit losses on loans was $11.8 million in Q4, significantly down from $20.5 million in Q3, reflecting the company's cautious stance on future credit risks, which may help improve capital adequacy.
See More
Midland States Bancorp to Release Q4 2025 Financial Results on January 22
- Earnings Release Schedule: Midland States Bancorp will announce its Q4 2025 financial results after market close on January 22, 2026, which is expected to provide investors with insights into the company's latest financial performance and future outlook.
- Asset Scale Overview: As of September 30, 2025, the company reported total assets of approximately $6.91 billion, reflecting robust growth in the community banking sector and enhancing its competitive position in the market.
- Wealth Management Assets: The company's Wealth Management Group had approximately $4.36 billion in assets under administration, indicating strong performance in wealth management services that helps increase customer loyalty and diversify revenue streams.
- Comprehensive Financial Services: Midland States Bancorp offers a full range of commercial and consumer banking products and services, including merchant credit card services, trust, and investment management, aimed at meeting diverse financial needs and driving business growth.
See More
