Midland States Bancorp

Q2 FY2026 EarningsFY26 Q2 results beat consensus across key profitability metrics: EPS of $0.82 exceeded the $0.78 expected, and net income of $19.9M beat the $16.6M consensus by 19.88%. Revenue of $83.4M (net interest income plus noninterest income) was ahead of the $80.6M expectation. The beat was primarily driven by lower-than-anticipated provision for credit losses ($6.8M) and expanding net interest margin (+42bps YoY to 3.98%) as the Company successfully reduced high-cost funding following strategic loan portfolio exits in late 2025.