Midland States Bancorp Announces New Leadership, Rebranding and Expansion of its Equipment Leasing Business
Midland States Bancorp, Inc. (MSBI)
Last midland states bancorp, inc. earnings: 4/23 04:30 pm
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Source: GlobeNewswire
EFFINGHAM, Ill., Jan. 08, 2018 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ:MSBI) announced today that Fred Van Etten has joined Midland as President of the Company’s equipment finance business. Mr. Van Etten joins Midland from Scottrade Financial Services, Inc., where he served as President of Scottrade Bank Equipment Finance. Midland also announced that Heartland Business Credit, its equipment leasing subsidiary, will be rebranded as Midland Equipment Finance and operated as a division of Midland States Bank. Leon J. Holschbach, Chief Executive Officer of the Company, said, “Since acquiring Heartland Business Credit as part of the Heartland Bank acquisition at the end of 2014, we have grown our leasing portfolio from approximately $115 million to more than $200 million today. Now we are ready to further expand our equipment financing business as we continue to manage the overall growth of our balance sheet. This expansion reflects our emphasis on the lending are
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News
- Midland States Bancorp, Inc. (NASDAQ: MSBI) had its price target lowered by analysts at Stephens from $29.00 to $27.00. They now have an "equal weight" rating on the stock.MarketBeat
- Midland States Bancorp, Inc. (NASDAQ: MSBI) had its price target lowered by analysts at Keefe, Bruyette & Woods from $28.00 to $26.00. They now have a "market perform" rating on the stock.MarketBeat
- Midland States Bancorp, Inc. (NASDAQ: MSBI) had its price target lowered by analysts at Piper Sandler from $26.00 to $24.50. They now have a "neutral" rating on the stock.MarketBeat
- It's Unlikely That The CEO Of Midland States Bancorp, Inc. (NASDAQ:MSBI) Will See A Huge Pay Rise This Year [Yahoo! Finance]Yahoo! Finance
- Midland States Bancorp (MSBI) Reports Q1 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
MSBI
Earnings
- 4/25/24 - Miss
MSBI
Analyst Actions
- 4/30/24 - Stephens & Co.
MSBI
Sec Filings
- 5/3/24 - Form 144
- 5/3/24 - Form 4
- 4/25/24 - Form 8-K
- MSBI's page on the SEC website