Midland States Bancorp raises stock buyback program to $45M, extending through 2026.

Midland States Bancorp, Inc. has increased its stock repurchase program from $25 million to $45 million and extended the program's expiration to December 31, 2026. The company has already repurchased nearly 924,000 shares at an average price of $21.46, investing about $19.8 million. This move reflects the company's confidence in its capital strength and long-term profitability. The repurchases will continue based on market conditions and regulatory requirements, reinforcing Midland States Bancorp's disciplined capital management strategy.