Midland States Bancorp, Inc. Announces 2026 Second Quarter Results
Midland States Bancorp, Inc. (MSBI) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 msbi-20260630exx991.htm EX-99.1 Document EXHIBIT 99.1 Midland States Bancorp, Inc. Announces 2026 Second Quarter Results Effingham, IL, July 23, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) (the “Company”) today reported net income available to c
How this was made
The 30-second read
Why it matters
Key decision inputs for traders are the updated profitability metrics (net income, NIM, deposit cost), capital ratios, and credit quality indicators (NPA ratio, charge-offs) plus management’s stated focus areas (community bank growth, wealth management expansion, balance-sheet runoff).
Market read
The release updates the near-term earnings and risk outlook through concrete quarterly metrics: NIM up to 3.98%, deposits up $267M, and NPA ratio steady at 0.91% with a higher CRE-related charge-off.
What to watch
The filing notes a higher charge-off from resolution of a previously identified nonperforming CRE credit; traders may focus on whether this is a one-off or signals broader CRE stress.
Background
This is Midland States Bancorp’s SEC 8-K with Exhibit 99.1 covering 2026 second-quarter results and management’s outlook commentary.
Ticker impact
Midland States Bancorp reported 2Q26 net income of $17.7M, EPS $0.82, and NIM expansion to 3.98% from 3.91% in 1Q26.
Near-term bias modestly positive as NIM and deposit growth offset loan decline and credit charges.
The filing provides multiple directional datapoints (NIM +7 bps, deposits +$267M, NPA ratio 0.91% flat) plus a specific credit charge-off mention, which should inform earnings expectations and valuation for a regional bank.
Market effects
Regional bank read-through: NIM expansion driven by deposit cost declines and investment mix, plus continued balance-sheet simplification via runoff.
Limited to community bank sentiment; may influence peers’ expectations for deposit pricing and credit normalization.
Low; US community bank earnings datapoint with limited cross-border linkage.
Counterpoint
Loan balances fell $94.9M due to planned runoff, so the earnings quality may rely more on funding and repricing than on balance-sheet growth.
Key entities
- companyMidland States Bancorp, Inc.
Nasdaq-listed community bank reporting 2Q26 net income, NIM expansion, deposit growth, and capital and credit metrics in an 8-K.
