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Midland States Bancorp reports Q3 2026 net income of $20.6M, up from $17.7M in Q2, with strong loan growth and improved credit quality.

Company Fundamentals
22 Oct 2026
GlobeNewsWire
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Bullish
Midland States Bancorp reports Q3 2026 net income of $20.6M, up from $17.7M in Q2, with strong loan growth and improved credit quality.

Midland States Bancorp, Inc. reported a net income of $20.6 million for Q3 2026, or $0.95 per diluted share, up from $17.7 million in Q2. The bank saw loan growth of $39.1 million, driven by a 2.8% annualized increase in its Community Bank portfolio, and improved credit quality with lower nonperforming assets and moderated net charge-offs. Net interest margin rose to 4.03%, supported by an interest recovery on a nonaccrual loan. The company remains focused on profitable growth, credit normalization, and disciplined capital deployment to enhance shareholder value.

Midland States Bancorp, Inc. reported a net income of $20.6 million for Q3 2026, providing context for readers following financial sector developments. For readers following Financials-sector US stocks on Pluang, here is the market snapshot as of Oct 23, 2026 03:11 WIB: out of 142 priced stocks, 81 rose and 59 fell. Notable movers include RIOT at USD 12.87 with a 1-day change of -8.20% and Pluang order activity of 23% Sell / 77% Buy, NDAQ at USD 103.07 with a 1-day change of +7.23% and Pluang order activity of 93% Sell / 7% Buy, and CLSK at USD 8.12 with a 1-day change of -7.20% and Pluang order activity of 10% Sell / 90% Buy.

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