---
schema_version: "secwatch.filing_event.v1"
accession: "0001466026-25-000027"
form_type: "8-K"
ticker: "MSBI"
cik: "0001466026"
company_name: "Midland States Bancorp, Inc."
filed_at: "2025-07-24T23:59:59+00:00"
generated_at: "2026-05-18T02:12:11.751353+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Midland States Q2 net income $9.8M ($0.44 diluted), down from $23.5M ($1.06) YoY

## Summary
- Net income available to common shareholders of $9.8M ($0.44 diluted EPS), down 58% from $23.5M ($1.06) in Q2 2024.
- Pre-provision net revenue improved to $32.2M from $27.0M in prior quarter; net interest margin expanded 7 bps to 3.56%.
- Nonperforming assets declined to $111M (1.56% of assets) from $151M (2.08%) in Q1; CEO notes $29M in NPA exits post-quarter-end.
- Net charge-offs $29.9M including $13.9M specialty finance and $3.9M equipment finance; provision for credit losses $17.4M.
- Community Bank loans grew $58.9M; Specialty Finance decreased $173.3M as tighter underwriting reduces higher-risk exposure.

## SEC filing metadata
- accession: 0001466026-25-000027
- form_type: 8-K
- ticker: MSBI
- cik: 0001466026
- company_name: Midland States Bancorp, Inc.
- filed_at: 2025-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1466026/000146602625000027/0001466026-25-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1466026/000146602625000027/msbi-20250724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001466026-25-000027
- JSON: https://secwatch.observer/filing/0001466026-25-000027.json
- Plain text: https://secwatch.observer/filing/0001466026-25-000027.txt

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