Midland States Bancorp, Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by Midland States Bancorp, Inc. on February 4, 2025. The report discloses a corporate action regarding the declaration of quarterly cash dividends for both common and preferred stockholders.
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: $0.31 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 to financial performance, operations, or capital structure compared to prior periods. The primary event is the Board of Directors' declaration of dividends.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It strictly reports the dividend declaration details and payment schedules.
Key Facts for Investor Verification
- Common Dividend Record Date: February 14, 2025.
- Common Dividend Payment Date: February 21, 2025.
- Preferred Dividend Record Date: March 17, 2025.
- Preferred Dividend Payment Date: March 31, 2025.
- Trading Symbols: Common stock (MSBI) and Depositary Shares (MSBIP) trade on The Nasdaq Market LLC.