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News  ›  GlobeNewswire Inc.

Midland States Bancorp, Inc. Announces 2025 Third Quarter Results

GlobeNewswire Inc. Logo GlobeNewswire Inc. • •By Jeffrey G. Ludwig, President And Ceo
Midland States Bancorp, Inc. Announces 2025 Third Quarter Results

Midland States Bancorp reported lower Q3 2025 net income of $5.3 million due to increased provisions in equipment finance portfolio, ceased equipment finance production, and reduced problem loans while maintaining strong wealth management performance.

Insights
GOOGL   positive

Reported 12% revenue growth, 28% Google Cloud revenue increase, 46% net income growth, and successful AI model deployment with Gemini 2.5


MSBI   negative

Net income decreased significantly from $18.2 million in Q3 2024 to $5.3 million in Q3 2025, with $15 million provision in equipment finance portfolio and decision to cease equipment finance originations indicating ongoing credit quality challenges