Midland States Bancorp, Inc. MSBI

Company Overview

Midland States Bancorp, Inc. is a publicly traded bank holding company that operates primarily through its wholly owned subsidiary, Midland States Bank, providing a broad range of commercial banking, consumer banking, wealth management, and treasury management services. The company operates within the U.S. banking and financial services industry, focusing on relationship-based banking for businesses, professionals, and consumers. Its revenue is primarily derived from net interest income on loans and securities, as well as non-interest income from wealth management, service charges, and treasury-related services.

The company serves small- to mid-sized businesses, municipalities, agricultural clients, and retail customers, positioning itself as a community-focused financial institution with diversified revenue streams. Midland States Bancorp traces its roots to 1881 through the founding of its banking operations, with the holding company structure established later to support expansion through organic growth and acquisitions. Over time, the company has evolved from a single-community bank into a regional financial institution with a multi-state presence.