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    Midland States Bancorp Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    2/4/25 4:45:11 PM ET
    $MSBI
    Major Banks
    Finance
    Get the next $MSBI alert in real time by email
    false 0001466026 0001466026 2025-02-04 2025-02-04 0001466026 msbi:CommonStock0.01ParValueMember 2025-02-04 2025-02-04 0001466026 msbi:DepositarySharesEachRepresenting140thInterestInShareOf7.750FixedrateResetNoncumulativePerpetualPreferredStockSeries2.00ParValueMember 2025-02-04 2025-02-04 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

    United States

    Securities And Exchange Commission

    Washington, DC 20549

     

    FORM 8-K

     

    Current Report

    Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

     

    Date of report (Date of earliest event reported): February 4, 2025

     

    Midland States Bancorp, Inc.

    (Exact Name of Registrant as Specified in Charter)

     

    Illinois 001-35272 37-1233196
    (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)

     

    1201 Network Centre Drive

    Effingham, Illinois 62401

    (Address of Principal Executive Offices) (Zip Code)

     

    Registrant’s telephone number, including area code: (217) 342-7321

     

    N/A
    (Former Name or Former Address, if Changed Since Last Report.)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class Trading Symbol(s) Name of each exchange on which registered
    Common stock, $0.01 par value MSBI The Nasdaq Market LLC
    Depositary Shares (each representing a 1/40th interest in a share of 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, $2.00 par value) MSBIP The Nasdaq Market LLC

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b–2 of the Securities Exchange Act of 1934 (§240.12b–2 of this chapter).

     

    Emerging growth company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     

     

     

    Item 8.01. Other Events

     

    On February 4, 2025, the Company announced that its Board of Directors declared a quarterly cash dividend of $0.31 per share of its common stock. The dividend is payable on February 21, 2025, to shareholders of record on February 14, 2025.

     

    The Board of Directors also declared a cash dividend of $0.4844 per depositary share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. The dividend will be payable on March 31, 2025 to stockholders of record as of March 17, 2025.

     

    A copy of the press release announcing the dividend is attached hereto as Exhibit 99.1.

     

    Item 9.01. Financial Statements and Exhibits.

     

    (d) Exhibits.

     

    Exhibit No. Description
    99.1 Press Release of Midland States Bancorp, Inc., dated February 4, 2025
    104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

     

     

     

     

     

     

     

     

     

     

     

     

    SignatureS

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

     

    Date: February 4, 2025 Midland States Bancorp, Inc.
         
    By: /s/ Nathan Sturycz                      
    Name: Nathan Sturycz
    Title: General Counsel

     

     

     

     

     

     

     

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