MSBIP · Midland States Bancorp, Inc.

Summary

Midland States Bancorp increased its stock repurchase authorization from $25 million to $45 million and extended the program to December 31, 2026.

Key takeaways

• Board approved increase in repurchase authorization to $45 million, up from $25 million.
• Program extended to December 31, 2026, providing ongoing capital return flexibility.
• Company has repurchased 923,837 shares at average $21.46, totaling $19.8 million.
• CEO cited confidence in capital strength and long-term profitability outlook.
• Repurchases depend on price, volume, regulatory and market conditions; program may be suspended anytime.