SEC Filing Summary: Midland States Bancorp, Inc. (MSBI)
Business Context and Reporting Period
This Form 8-K Current Report was filed by Midland States Bancorp, Inc. on May 6, 2025. The filing reports a corporate action taken by the Board of Directors regarding the declaration of quarterly cash dividends for both common and preferred stockholders.
Key Financial Metrics
The filing does not provide comprehensive financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on dividend declarations.
Material Changes and Dividend Declarations
- Common Stock Dividend: The Board declared a quarterly cash dividend of $0.31 per share.
- Preferred Stock Dividend: The Board declared a cash dividend of $0.4844 per depositary share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A.
Outlook, Risks, and Unusual Items
The filing contains no management commentary on future outlook, specific risks, contingencies, or unusual items beyond the standard dividend announcement. No guidance was provided in this report.
Investor Verification Checklist
- Common Stock Record Date: Verify eligibility for the $0.31 dividend by holding shares on May 16, 2025.
- Common Stock Payment Date: Confirm the dividend payment date of May 23, 2025.
- Preferred Stock Record Date: Verify eligibility for the $0.4844 dividend by holding depositary shares on June 16, 2025.
- Preferred Stock Payment Date: Confirm the dividend payment date of June 30, 2025.
- Financial Context: Review the most recent 10-Q or 10-K filing for underlying financial performance, as this 8-K does not contain operational data.