Business Context and Reporting Period
Company: Midland States Bancorp, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: May 5, 2026
Event: Declaration of quarterly cash dividends for common and preferred stock.
Key Financial Metrics
This filing does not contain comprehensive financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. The only financial data provided relates to dividend declarations:
- Common Stock Dividend: $0.32 per share.
- Preferred Stock Dividend (Series A): $0.4844 per depository share.
Material Changes
The filing does not report material changes in financial performance, operations, or capital structure compared to prior periods. It solely announces the Board's decision to declare dividends.
Guidance, Outlook, and Risks
Management Commentary: The Board of Directors declared the dividends on May 5, 2026.
Payment Schedule:
- Common Stock: Payable May 22, 2026, to shareholders of record as of May 15, 2026.
- Preferred Stock: Payable June 30, 2026, to stockholders of record as of June 15, 2026.
Investor Verification Checklist
- Verify the record dates (May 15, 2026 for common; June 15, 2026 for preferred) to ensure eligibility for the declared dividends.
- Confirm the payment dates (May 22, 2026 for common; June 30, 2026 for preferred) for cash flow planning.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the dividend policy.
- Note that this 8-K does not provide updated financial performance data; refer to the most recent 10-Q or 10-K for revenue and earnings metrics.