Midland States Bancorp: Improving Asset Quality Drives Earnings
Midland States Bancorp is rated buy, with improving asset quality and lower credit provisions supporting higher earnings. The bank offers a 4% dividend yield, 26 consecutive years of dividend growth, and ongoing share buybacks, while wealth management achieved record assets and fees in 2Q26 with further growth expected from expanded advisor hiring.
Why it matters — MSBI watchers would note the improving asset quality, continued shareholder returns, and record wealth management growth as positive signals for the company's performance.