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Midland States Bancorp
Midland States Bancorp (MSBI) investor relations material
Midland States Bancorp Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary22 Jan, 2026
Executive summary
Completed sale of equipment finance portfolio, reducing specialty finance exposure and focusing on core commercial and community banking growth, resulting in a $21.4 million loss and a reported net loss of $5.1 million ($0.24 per diluted share) for Q4 2025; adjusted earnings were $11.9 million ($0.53 per diluted share).
Continued credit remediation, reducing non-performing assets by $4.3 million in Q4, with NPAs to assets at 1.02%.
Wealth Management reached record assets under administration of $4.5 billion and revenue of $8.3 million in Q4.
Additional credit enhancement income of $6.6 million recognized, partially offset by $1.7 million in FDIC assessments.
Financial highlights
Fully diluted EPS was ($0.24) for Q4 2025; adjusted diluted EPS was $0.53, with adjusted pre-provision net revenue at $31.4 million.
Net interest income was $58.7 million, benefiting from a 17 bps reduction in deposit costs; net interest margin was 3.74%.
Noninterest income rose to $26.9 million, driven by credit enhancement income; noninterest expense increased to $77.2 million due to loan sale losses and FDIC assessments.
Loan balances decreased $515.6 million from the prior quarter, mainly due to the sale of equipment finance loans; equipment finance balances declined by $578.1 million.
Deposits decreased $180.4 million, primarily from declines in high-cost public funds and brokered deposits.
Outlook and guidance
Lower credit costs expected in 2026, with continued improvement in credit quality and further reduction in nonperforming assets.
Focus remains on growing the Community Bank, building regulatory capital, and expanding fee income, with positive revenue trends and strong loan growth expected to continue.
Near-term noninterest income expected at $19.0–$20.0 million per quarter; noninterest expense run-rate at $50.0–$51.0 million per quarter.
Anticipates further improvement in funding costs as recent Federal Reserve rate cuts take effect in 2026.
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Next Midland States Bancorp earnings date
Q1 20261 May, 2026
Midland States Bancorp
Next Midland States Bancorp earnings date
Q1 20261 May, 2026
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Frequently asked questions
Midland States Bancorp Inc. is a bank holding company that operates through its subsidiary, Midland States Bank, providing a range of financial services to individuals, businesses, and government entities. The company offers commercial and consumer banking products, including business loans, mortgages, deposit accounts, treasury management, and wealth management services. It also provides equipment financing and other specialized lending solutions. Midland States Bancorp serves customers primarily in the Midwest through a network of branches and digital banking platforms. The company is headquartered in Effingham, Illinois, and its shares are listed on the NASDAQ.
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