Midland States Bancorp Investor Presentation: Q2 2026 results, $17.7M net income, CET1 10.4%

Midland States Bancorp reported Q2 2026 adjusted net income available to common shareholders of $17.7 million and diluted EPS of $0.82.Key Highlights:Original SEC Filing: Midland States Bancorp, Inc. [ MSBI ] - 8-K - Jul. 28, 2026This is an AI-powered summary. It may contain inaccuracies. Consider…

Midland States Bancorp reported Q2 2026 adjusted net income available to common shareholders of $17.7 million and diluted EPS of $0.82.

Key Highlights:

Reported net income available to common shareholders of $17.7M; adjusted diluted EPS $0.82, reflecting improved profitability.
Total assets $6.70B; loans $4.24B (down $94.9M QoQ) due to planned runoff of specialty finance and non-core portfolios.
Deposits rose $267.2M to $5.71B, lowering loan-to-deposit ratio to 74.4% and cost of deposits to 1.78%.
Capital strengthened: CET1 10.4% (above 10% target); board-authorized $45M repurchase program with $24.9M remaining.
Credit metrics: NPA ratio steady at 0.91%; provision for credit losses $7.1M; net charge-offs $12.5M including a CRE resolution charge-off.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.