Midland States Bancorp, Inc. - Common Stock (MSBI)
Frequently Asked Questions About Midland States Bancorp, Inc. - Common Stock (MSBI)
Can I open an account online with Midland States Bank?
Yes, Midland States Bank offers online account openings for various banking products, including personal and business accounts. The online application process is designed to be user-friendly, allowing prospective customers to establish their accounts conveniently from their homes while enjoying secure transactions.
Does Midland States Bancorp, Inc. offer loan products?
Yes, Midland States Bancorp, Inc. offers a variety of loan products, including personal loans, auto loans, home equity loans, and commercial loans. The bank aims to provide flexible financing options tailored to individual and business needs, making it easier for customers to achieve their financial goals.
How can I contact Midland States Bancorp, Inc. customer service?
Customers can contact Midland States Bancorp, Inc. customer service through various channels, including phone, email, or the bank's website. The company provides dedicated support to assist with inquiries regarding accounts, loans, online banking, and general information, ensuring responsive and helpful customer service.
How does Midland States Bancorp, Inc. handle customer data security?
Midland States Bancorp, Inc. takes customer data security seriously and employs robust cybersecurity measures to protect sensitive information. This includes encryption, firewalls, and advanced security protocols, along with regular staff training and customer awareness programs to mitigate risks and safeguard against data breaches.
How does Midland States Bancorp, Inc. support local communities?
Midland States Bancorp, Inc. is dedicated to community involvement and social responsibility. The company actively participates in local events, sponsors educational initiatives, and contributes to charitable organizations that enhance the quality of life in its service areas. The bank believes in making a positive impact on the communities it serves.
How does Midland States Bancorp, Inc. utilize technology?
Midland States Bancorp, Inc. embraces technology to enhance customer experience and streamline operations. The company invests in digital banking platforms, mobile banking applications, and cybersecurity measures to ensure secure and convenient access to services for its customers, while also improving internal processes.
Is Midland States Bancorp, Inc. publicly traded?
Yes, Midland States Bancorp, Inc. is a publicly traded company listed on the Nasdaq stock exchange under the ticker symbol 'MSBI.' Being publicly traded allows the company to raise capital from a broader range of investors and provides shareholders with liquidity.
What are Midland States Bancorp, Inc.'s recent acquisitions?
Midland States Bancorp, Inc. has pursued strategic acquisitions to fuel its growth and expand its market presence. Recent acquisitions include community and regional banks that align with Midland’s mission and complement its existing operations, helping the company to enhance its product offerings and customer base.
What does Midland States Bancorp, Inc. do?
Midland States Bancorp, Inc. is a financial holding company based in Effingham, Illinois. The company operates through its wholly owned banking subsidiary, Midland States Bank, which provides a wide range of financial services, including personal and commercial banking, mortgage banking, trust services, and investment management. Midland aims to serve individuals, businesses, and communities by offering customized solutions to meet their financial needs.
What initiatives does Midland States Bancorp, Inc. have for sustainability?
Midland States Bancorp, Inc. is committed to sustainability and responsible banking practices. The company engages in initiatives such as reducing its carbon footprint, promoting financial literacy, and supporting community development projects, reflecting its dedication to making a positive impact on society and the environment.
What is Midland States Bancorp, Inc.'s approach to corporate governance?
Midland States Bancorp, Inc. adheres to strong corporate governance principles to ensure accountability, transparency, and ethical decision-making. The company’s board of directors is responsible for overseeing management, establishing sound policies, and protecting shareholder interests through various governance practices.
What is the company’s dividend policy?
Midland States Bancorp, Inc. has a history of distributing dividends to its shareholders, reflecting the company's commitment to returning value to investors. The dividend policy is designed to pay a sustainable dividend while allowing for growth reinvestment, and the board evaluates dividend payments based on profitability and capital levels regularly.
What is the mission of Midland States Bancorp, Inc.?
The mission of Midland States Bancorp, Inc. is to be the premier community bank in the Midwest by providing customers with innovative financial solutions, exceptional service, and a commitment to building long-term relationships. The company values integrity, community support, and teamwork as foundational principles guiding its operations.
What is the significance of Midland States Bancorp, Inc.'s stock performance?
The stock performance of Midland States Bancorp, Inc. is significant as it reflects investor confidence and the company's financial health. Investors monitor metrics such as earnings per share, dividend yield, and price-to-earnings ratio to gauge the bank's profitability and growth potential. Strong performance can lead to increased investment and expansion opportunities.
What regions does Midland States Bancorp, Inc. serve?
Midland States Bancorp, Inc. primarily serves the Midwest region of the United States, with a strong presence in Illinois. The bank operates branches and offers services in various communities, expanding to neighboring states to cater to a growing customer base while maintaining a community-focused banking approach.
What regulatory bodies oversee Midland States Bancorp, Inc.?
Midland States Bancorp, Inc. is subject to regulation by several bodies, including the Office of the Comptroller of the Currency (OCC) for its banking activities and the Securities and Exchange Commission (SEC) for its publicly traded stock. These regulatory frameworks ensure that the bank operates in compliance with federal laws and maintains financial stability.
What services does Midland States Bank offer?
Midland States Bank offers a comprehensive array of financial services, including personal banking products such as checking and savings accounts, loans, and mortgages, as well as commercial banking services like business accounts, lines of credit, and commercial loans. They also provide investment services, trust and asset management, and retirement planning solutions.
When was Midland States Bancorp, Inc. founded?
Midland States Bancorp, Inc. was founded in 1881. Initially established as a small bank in Effingham, Illinois, the bank has expanded its operations over the years to become a significant player in the financial services industry, focusing on community banking and enhancing shareholder value.
Where is Midland States Bancorp, Inc. located?
Midland States Bancorp, Inc. is headquartered in Effingham, Illinois. The company's central location allows it to effectively serve a diverse customer base across various regions in the Midwest, while also maintaining a presence in other states through its branch network.
Who are the key executives at Midland States Bancorp, Inc.?
Key executives at Midland States Bancorp, Inc. include the President and CEO, Jeffrey G. Ludwig, and several other leaders who oversee various operational divisions such as finance, lending, and wealth management. Together, this executive team drives the company's strategic initiatives and ensures the delivery of quality financial services.
What is the current price of Midland States Bancorp, Inc. - Common Stock?
The current price of Midland States Bancorp, Inc. - Common Stock is 16.47
When was Midland States Bancorp, Inc. - Common Stock last traded?
The last trade of Midland States Bancorp, Inc. - Common Stock was at 4:00 pm EDT on April 29th, 2025
What is the market capitalization of Midland States Bancorp, Inc. - Common Stock?
The market capitalization of Midland States Bancorp, Inc. - Common Stock is 368.85M
How many shares of Midland States Bancorp, Inc. - Common Stock are outstanding?
Midland States Bancorp, Inc. - Common Stock has 22.40M shares outstanding.