EXHIBIT 99.1 Midland States Bancorp, Inc. Announces 2024 First Quarter Results First Quarter 2024 Highlights: • Net income available to common shareholders of $11.7 million, or$0.53 per diluted share • Pre-tax, pre-provision earnings of $32.2 million • Tangible book value per share increased 0.4$23.44 • Common equity tier 1 capital ratio improved to 8.60% from 8.40% • Net interest margin of 3.18%, compared to 3.21% in prior quarter • Efficiency ratio of 58.0%, compared to 55.2% in p ...