Midland States Bancorp Inc (NASDAQ:MSBI) advises to “Mark your calendars” for May 25, 2018; dividends expected to reach $0.22.

May 16, 2018 - By Richard Conner

Midland States Bancorp Inc (NASDAQ:MSBI) is expected to pay $0.22 on May 25, 2018. Shareholders owning the stock before May 17, 2018 will be eligible to receive the payout. Based on Midland States Bancorp Inc’s current price of $31.80, the dividend is 0.69 %. This dividend’s record date is May 18, 2018 and the announcement date is May 8, 2018. The stock increased 0.41% or $0.13 during the last trading session, reaching $31.8. About 22,826 shares traded. Midland States Bancorp, Inc. (NASDAQ:MSBI) has declined 5.18% since May 16, 2017 and is downtrending. It has underperformed by 16.73% the S&P500.

Midland States Bancorp, Inc. operates as a financial holding firm for Midland States Bank that provides banking and financial services and products to individuals, businesses, municipalities, and other entities. The company has market cap of $750.87 million. The company's deposit products include checking, savings, money market, and sweep accounts, as well as certificates of deposits, noninterest-bearing and interest-bearing demand deposits, and time deposits. It has a 36.55 P/E ratio. The Company’s loan portfolio comprises commercial lending products consisting of owner occupied commercial real estate loans, commercial real estate investment loans, real estate construction loans, multifamily loans, and loans to purchase farmland and finance agricultural production; commercial loans, such as business term loans, equipment financing, and lines of credit; and residential first and second mortgage loans, and home equity lines of credit, as well as consumer installment loans, including loans to purchase cars, boats, and other recreational vehicles.

More news for Midland States Bancorp, Inc. (NASDAQ:MSBI) were recently published by: Globenewswire.com, which released: “Midland States Bancorp, Inc. Announces 2018 First Quarter Results” on April 26, 2018. Seekingalpha.com‘s article titled: “Midland States Bancorp’s (MSBI) CEO Leon Holschbach on Q1 2018 Results – Earnings Call Transcript” and published on April 27, 2018 is yet another important article.

Midland States Bancorp, Inc. (NASDAQ:MSBI) Ratings Chart

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