Midland States Bancorp: 7.7% Yielding Preferred Share From A Regional Bank

Midland States Bancorp: 7.7% Yielding Preferred Share From A Regional Bank

Midland States Bancorp's preferred shares now offer a 7.7% yield, supported by improved operating performance and conservative lending practices.

MSBI's net interest margin reached a seven-year high of 3.98%, driven by stable asset yields and lower borrowing costs.

Loan-to-deposit ratio has dropped from near 100% to 73%, positioning MSBI as one of the most conservative regional banks in lending.

Preferred shares offer income-focused investors downside protection, with dividends senior to common and improving credit metrics supporting stability.

Introduction Midland States Bancorp ( MSBI ) is an Illinois-based regional bank.

Along with common shares, the bank also offers a high-yielding preferred share ( MSBIP ).

Last June, I talked about how the bank’s shaky performance had me sidelined

I am currently focused on income investing through either common shares, preferred shares, or bonds.

I will occasionally break away and write about the economy at large or a special situation involving a company I've been researching in.

I target two articles per week for publication on Monday and Tuesday.

About My Background: Bachelors in history/political science, Masters in Business Administration with a specialization in Finance and Economics.

I enjoy numbers.

I have been investing since 2000.

Professionally, I am the CEO of an independent living retirement community in Illinois.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours.

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