A recent uptick in manufacturing orders has Midland Wealth Management revising forecasts for industrial ETFs, anticipating a 4-6% appreciation through year-end. President and CEO Jeffrey G. Ludwig commented on the quarter's performance, stating, Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of March 31, 2025, the Company had total assets of approximately $7.46 billion, and its Wealth Management Group had assets under administration of approximately $4.10 billion. The Company provides a full range of commercial and consumer banking products and services and business equipment financing, merchant credit card services, trust and investment management, insurance and financial planning services. For additional information, visit https://www.midlandsb.com/ or https://www.linkedin.com/company/midland-states-bank. Currency trends show the USD softening against major pairs, prompting Midland Wealth Management to anticipate improved overseas earnings for U.S.-listed multinationals.
