Midland States Bancorp Q1 2024 EPS $0.53, adjusted ROATCE 9.34%, outlines strategy

Midland States Bancorp, Inc.

Net income available to common shareholders $11.7M, diluted EPS $0.53; YTD adjusted ROAA 0.72%, adjusted ROATCE 9.34%.
Total assets $7.8B, loans $6.0B, deposits $6.3B; net interest margin 3.18%, deposits up $14.5M in Q1.
Nonperforming loans rose to 1.76% of total loans; allowance for credit losses increased to 1.31% of loans.
GreenSky consumer loan runoff continues; portfolio projected to decline to $417M by year-end 2024.
23 consecutive years of dividend increases; tangible book value per share $23.44, ex-AOCI $27.23.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.