Midland States Bancorp

Q2 FY2026 EarningsQ2 FY26 net income available to common shareholders reached $17.7M, up 80.3% YoY. Net interest margin (NIM) expanded significantly by 42bps to 3.98%, driven by a sharp reduction in interest expense on deposits following late 2025 rate cuts. Wealth management revenue grew 18.8% YoY to $8.8M as assets under administration hit $4.78B. The company continues to de-risk its balance sheet, with the loan portfolio shifting toward community banking following the sale of the equipment finance and GreenSky portfolios.