---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-002675"
form_type: "8-K"
ticker: "MSBI"
cik: "0001466026"
company_name: "Midland States Bancorp, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T09:42:30.063327+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-24-002675
- form_type: 8-K
- ticker: MSBI
- cik: 0001466026
- company_name: Midland States Bancorp, Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1466026/000117184324002675/0001171843-24-002675-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1466026/000117184324002675/f8k_050824.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-002675
- JSON: https://secwatch.observer/filing/0001171843-24-002675.json
- Plain text: https://secwatch.observer/filing/0001171843-24-002675.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.