secwatch.observer — SEC 8-K summary
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Issuer:     Midland States Bancorp, Inc. (MSBI)
CIK:        0001466026
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001171843-24-000647
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Midland States Bancorp reports $7.9B assets, Q4 diluted EPS $0.84, dividend increased for 22nd year
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- Total assets $7.9B, loans $6.1B, deposits $6.3B as of Dec 31, 2023.
- Q4 2023 net income $18.5M ($0.84 diluted EPS), ROAA 1.04%, ROTCE 15.41%.
- GreenSky consumer loan portfolio wind-down: $683.6M outstanding, projected to $408M by end of 2024.
- CET1 ratio increased 33bps to 8.40%; tangible book value per share up 7.8% in Q4.
- Dividend increased for 22 consecutive years, current annual dividend $1.20/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1466026/000117184324000647/0001171843-24-000647-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1466026/000117184324000647/f8k_020624.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-000647

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