Midland States Bancorp, Inc. (Nasdaq: MSBI) announced on November 2, 2026, that its Board of Directors has declared quarterly cash dividends for both its common stock and its preferred stock.
Regarding common stock, the Board declared a dividend of $0.33 per share. This dividend is payable on November 20, 2026, to shareholders of record as of the close of business on November 13, 2026.
In addition to the common stock dividend, the Board declared a cash dividend of $0.4844 per depository share on the company's 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. This dividend is payable on December 30, 2026, to stockholders of record as of December 15, 2026.
The company also provided background information regarding its financial position as of September 30, 2026. At that time, Midland States Bancorp reported total assets of approximately $6.82 billion. Its Wealth Management Group reported assets under administration of approximately $4.77 billion.
