EXHIBIT 99.1 1 Midland States Bancorp, Inc. Announces 2024 Third Quarter Results Third Quarter 2024 Highlights: • Net income available to common shareholders of $16.2 million, or $0.74 per diluted share • Adjusted pre-tax, pre-provision earnings of $27.5 million • Tangible book value per share increased to $24.90, compared to $23.36 at June 30, 2024 • Common equity tier 1 capital ratio improved to 9.00%, compared to 8.64% at June 30, 2024 • Net interest margin of 3.10%, compared to 3.12% in prior quarter • ...