Midland States Bancorp, Inc. Announces 2026 Second Quarter Results
Midland States Bancorp reported Q2 2026 net income of $17.7 million, or $0.82 per diluted share, up from $0.74 in the prior quarter and significantly higher than the $0.44 reported in the year-ago period. Net interest margin expanded seven basis points to 3.98%, driven by favorable loan repricing and lower funding costs, while total deposits increased by $267 million.
Key figures
- Eps
- 0.82
- Net income
- 17700000
- Total assets
- 6700616000
- Efficiency ratio
- 60.61%
- Net interest margin
- 3.98%
- Return on average assets
- 1.22%
- Shares repurchased amount
- 2700000
- Adjusted pre provision net revenue
- 32800000
- Return on average tangible common equity
- 16.27%
AI analysis
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