other material
confidence high
sentiment positive
materiality 0.50
Midland States declares $0.32 dividend and authorizes $25M stock buyback
Midland States Bancorp, Inc.
- Common dividend of $0.32/share payable Nov 21, 2025 to holders of record Nov 14 (unchanged from prior quarter).
- Preferred dividend of $0.4844/depositary share payable Dec 30, 2025 to holders of record Dec 15.
- Board approved up to $25M in common stock repurchases, effective Nov 3, 2025 through Nov 2, 2026.
- Prior repurchase program expired Dec 31, 2024; CEO cites confidence in capital position and stock value.
- Repurchases may be open-market or private; timing depends on price, volume, and regulatory conditions.