Midland States Bancorp (NASDAQ:MSBIP) Stock Price Up 0.6% – Here’s Why
by Doug Wharley · The Cerbat GemShares of Midland States Bancorp, Inc. (NASDAQ:MSBIP – Get Free Report) were up 0.6% on Thursday . The stock traded as high as $25.25 and last traded at $25.21. Approximately 4,790 shares were traded during trading, a decline of 4% from the average daily volume of 4,992 shares. The stock had previously closed at $25.05.
Midland States Bancorp Price Performance
The stock has a 50 day simple moving average of $24.77 and a 200 day simple moving average of $24.22.
Midland States Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were paid a $0.4844 dividend. This represents a $1.94 dividend on an annualized basis and a yield of 7.7%. The ex-dividend date of this dividend was Monday, December 15th.
About Midland States Bancorp
Midland States Bancorp, Inc is a financial holding company headquartered in Effingham, Illinois, serving as the parent organization of Midland States Bank. The company provides a full suite of banking and financial services to commercial, consumer and institutional clients. Key offerings include traditional commercial lending, treasury management, deposit products and consumer banking solutions tailored to the needs of small businesses, middle-market companies and individual customers.
In addition to core commercial and retail banking, Midland States Bancorp maintains a significant mortgage banking platform that originates and services both residential and commercial loans.