---
schema_version: "secwatch.filing_event.v1"
accession: "0001466026-26-000045"
form_type: "8-K"
ticker: "MSBI"
cik: "0001466026"
company_name: "Midland States Bancorp, Inc."
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:30:34.958434+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Midland States Q1 net income $16.2M ($0.74 EPS), swing from prior losses

## Summary
- Net income available to common shareholders of $16.2M ($0.74 EPS) vs Q4 loss of $5.1M and Q1 2025 loss of $143.2M.
- Adjusted earnings $17.2M ($0.79 EPS); net interest margin expanded to 3.91% from 3.74% QoQ.
- Community Bank loan growth $68.8M annualized 8.3%; total loans down $13.4M on non-core runoff.
- Common equity tier 1 ratio 9.98% (approaching 10% target); $7.8M stock repurchased in Q1.
- Nonperforming assets 0.91% of total assets, down 10 bps from prior quarter; credit metrics improving.

## SEC filing metadata
- accession: 0001466026-26-000045
- form_type: 8-K
- ticker: MSBI
- cik: 0001466026
- company_name: Midland States Bancorp, Inc.
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1466026/000146602626000045/0001466026-26-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1466026/000146602626000045/msbi-20260423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001466026-26-000045
- JSON: https://secwatch.observer/filing/0001466026-26-000045.json
- Plain text: https://secwatch.observer/filing/0001466026-26-000045.txt

## Key facts
- Earnings Releases
  Midland States Bancorp, Inc. reported first quarter of 2026 results: net income net income available to common shareholders of $16.2 million, EPS $0.74 per diluted share.
  - Period: first quarter of 2026
  - Net income: net income available to common shareholders of $16.2 million
  - EPS: $0.74 per diluted share
  - Result: reported results
  source text: Midland States Bancorp, Inc. (Nasdaq: MSBI) (the “Company”) today reported net income available to common shareholders of $16.2 million, or $0.74 per diluted share, for the first quarter of 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1466026/000146602626000045/0001466026-26-000045-index.htm

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