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AI brief of an SEC Form 8-K · Midland States Bancorp, Inc. (MSBI)

Midland States Bancorp Q3 earnings rise to $0.95 per diluted share from $0.82

Mixed Impact 3 of 5 earnings Written later

Midland States Bancorp reported third-quarter 2026 net income available to common shareholders of $20.6 million, or $0.95 per diluted share, up from $0.82 in the second quarter and $0.24 a year earlier. The results included a $1.6 million interest recovery from a nonaccrual loan payoff, and nonperforming loans declined, but total deposits fell $89.8 million and tangible book value per share dropped to $19.52 from $21.41.

Key points

  • Net income available to common shareholders was $20.6 million, or $0.95 per diluted share, versus $0.82 in Q2 2026 and $0.24 in Q3 2025.
  • Net interest margin rose to 4.03% from 3.98%, aided by a $1.6 million interest recovery on a nonaccrual loan payoff.
  • Nonperforming loans fell to $58.7 million, or 1.37% of total loans, from $60.9 million at June 30, 2026.
  • Total deposits decreased $89.8 million to $5.62 billion, and tangible book value per share was $19.52 at September 30, 2026, versus $21.41 at June 30, 2026.

The filing

CompanyMidland States Bancorp, Inc. (MSBI)
Form8-K, current report
Filed with the SECOct 22, 2026, 4:05 PM ET
Accession number0001466026-26-000097

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.