Midland States Bancorp, Inc. (MSBI) - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by Midland States Bancorp, Inc. on February 3, 2026. The report discloses a corporate action taken by the Board of Directors regarding the declaration of quarterly cash dividends for both common and preferred shareholders.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial data disclosed relates to dividend declarations:
- Common Stock Dividend: $0.32 per share.
- Preferred Stock Dividend: $0.4844 per depositary share (7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A).
Material Changes
The filing does not report material changes in financial performance, operational results, or balance sheet items compared to prior periods. The primary event is the Board's decision to declare dividends.
Guidance, Outlook, and Management Commentary
The filing contains no forward-looking guidance, management commentary on future outlook, or discussion of risks and contingencies beyond the standard disclosure of the dividend event. No unusual items were reported.
Investor Verification Checklist
- Record Dates: Verify the record date for common stock (February 13, 2026) and preferred stock (March 16, 2026) to ensure eligibility.
- Payment Dates: Confirm the payment schedule: February 20, 2026, for common stock and March 30, 2026, for preferred stock.
- Dividend Consistency: Compare the declared common dividend of $0.32 per share against historical quarterly payouts to assess any changes in dividend policy.
- Preferred Stock Terms: Review the specific terms of the 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, to understand the reset mechanism and non-cumulative nature.