Midland States Bancorp Holds Annual Shareholder Meeting: Key Takeaways and Analyst Insights

Midland States Bancorp held its annual shareholder meeting on August 4, 2025. Shareholders elected R. Dean Bingham, Jerry L. McDaniel, and Jeffrey M. McDonnell as Class III directors. They also voted in favor of executive compensation and a one-year frequency for future say-on-pay proposals. The most recent analyst rating on MSBI stock is a Hold with a $21.00 price target. Spark's AI Analyst rates MSBI stock as Neutral, citing operational challenges and bearish technical indicators, but attractive valuation and positive corporate events.

Midland States Bancorp, Inc. (NASDAQ: MSBI) has declared a quarterly dividend of $0.32 per share, representing a 3.2% increase from the previous dividend of $0.31. The dividend is payable on August 22, 2025, to shareholders of record as of August 15, 2025 [1].

The company's earnings per share (EPS) for the last quarter was $0.44, missing analysts' expectations. The stock is currently trading at $16.71, with a market capitalization of approximately $359.43 million [1]. Despite the miss on EPS, the company's dividend payout ratio of 46.6% indicates that the dividend is sufficiently covered by earnings [1].

At its annual shareholder meeting held on August 4, 2025, shareholders elected R. Dean Bingham, Jerry L. McDaniel, and Jeffrey M. McDonnell as Class III directors. They also voted in favor of executive compensation and a one-year frequency for future say-on-pay proposals [2].

The most recent analyst rating on MSBI stock is a Hold with a $21.00 price target. Spark's AI Analyst rates MSBI stock as Neutral, citing operational challenges and bearish technical indicators, but attractive valuation and positive corporate events [2].

References:
[1] https://www.marketbeat.com/instant-alerts/midland-states-bancorp-inc-nasdaqmsbi-declares-quarterly-dividend-of-032-2025-08-05/
[2] https://www.nasdaq.com/press-release/midland-states-bancorp-inc-increases-common-stock-cash-dividend-032-share-and