Index: llvm/lib/CodeGen/SelectionDAG/DAGCombiner.cpp
===================================================================
--- llvm/lib/CodeGen/SelectionDAG/DAGCombiner.cpp
+++ llvm/lib/CodeGen/SelectionDAG/DAGCombiner.cpp
@@ -11125,6 +11125,22 @@
     return SDValue(N, 0);   // Return N so it doesn't get rechecked!
   }
 
+  // fold (sext_inreg (masked_load x)) -> (sext_masked_load x)
+  // ignore it if the masked load is already sign extended
+  if (MaskedLoadSDNode *Ld = dyn_cast<MaskedLoadSDNode>(N0)) {
+    if (ExtVT == Ld->getMemoryVT() && !LegalOperations &&
+        Ld->getExtensionType() != ISD::LoadExtType::SEXTLOAD && N0.hasOneUse() && TLI.isLoadExtLegal(ISD::SEXTLOAD, VT, ExtVT)) {
+      SDValue ExtMaskedLoad =
+          DAG.getMaskedLoad(VT, SDLoc(N), Ld->getChain(), Ld->getBasePtr(),
+                            Ld->getOffset(), Ld->getMask(), Ld->getPassThru(),
+                            ExtVT, Ld->getMemOperand(), Ld->getAddressingMode(),
+                            ISD::SEXTLOAD, Ld->isExpandingLoad());
+      CombineTo(N, ExtMaskedLoad);
+      CombineTo(N0.getNode(), ExtMaskedLoad, ExtMaskedLoad.getValue(1));
+      return SDValue(N, 0); // Return N so it doesn't get rechecked!
+    }
+  }
+
   // Form (sext_inreg (bswap >> 16)) or (sext_inreg (rotl (bswap) 16))
   if (ExtVTBits <= 16 && N0.getOpcode() == ISD::OR) {
     if (SDValue BSwap = MatchBSwapHWordLow(N0.getNode(), N0.getOperand(0),
Index: llvm/test/CodeGen/Thumb2/mve-masked-load.ll
===================================================================
--- llvm/test/CodeGen/Thumb2/mve-masked-load.ll
+++ llvm/test/CodeGen/Thumb2/mve-masked-load.ll
@@ -2148,11 +2148,11 @@
 ; CHECK-LE-NEXT:    .vsave {d8, d9}
 ; CHECK-LE-NEXT:    vpush {d8, d9}
 ; CHECK-LE-NEXT:    vpt.s32 gt, q0, zr
-; CHECK-LE-NEXT:    vldrht.u32 q4, [r0]
+; CHECK-LE-NEXT:    vldrht.s32 q4, [r0]
 ; CHECK-LE-NEXT:    vmov r0, r1, d8
 ; CHECK-LE-NEXT:    vmov r2, r3, d9
 ; CHECK-LE-NEXT:    bl foo
-; CHECK-LE-NEXT:    vmovlb.s16 q0, q4
+; CHECK-LE-NEXT:    vmov q0, q4
 ; CHECK-LE-NEXT:    vpop {d8, d9}
 ; CHECK-LE-NEXT:    pop {r7, pc}
 ;
@@ -2164,13 +2164,12 @@
 ; CHECK-BE-NEXT:    vpush {d8, d9}
 ; CHECK-BE-NEXT:    vrev64.32 q1, q0
 ; CHECK-BE-NEXT:    vpt.s32 gt, q1, zr
-; CHECK-BE-NEXT:    vldrht.u32 q4, [r0]
-; CHECK-BE-NEXT:    vrev64.32 q0, q4
-; CHECK-BE-NEXT:    vmov r1, r0, d0
-; CHECK-BE-NEXT:    vmov r3, r2, d1
+; CHECK-BE-NEXT:    vldrht.s32 q0, [r0]
+; CHECK-BE-NEXT:    vrev64.32 q4, q0
+; CHECK-BE-NEXT:    vmov r1, r0, d8
+; CHECK-BE-NEXT:    vmov r3, r2, d9
 ; CHECK-BE-NEXT:    bl foo
-; CHECK-BE-NEXT:    vmovlb.s16 q1, q4
-; CHECK-BE-NEXT:    vrev64.32 q0, q1
+; CHECK-BE-NEXT:    vmov q0, q4
 ; CHECK-BE-NEXT:    vpop {d8, d9}
 ; CHECK-BE-NEXT:    pop {r7, pc}
 entry:
Index: llvm/test/CodeGen/Thumb2/sext-masked-load.ll
===================================================================
--- /dev/null
+++ llvm/test/CodeGen/Thumb2/sext-masked-load.ll
@@ -0,0 +1,19 @@
+; NOTE: Assertions have been autogenerated by utils/update_llc_test_checks.py
+; RUN: llc -mtriple=thumbv8.1m.main-none-none-eabi -mattr=+mve.fp -verify-machineinstrs -tail-predication=enabled -o - %s | FileCheck %s
+
+define arm_aapcs_vfpcc <4 x float> @foo_v4i16(<4 x i16>* nocapture readonly %pSrc, i32 %blockSize, <4 x i16> %a) {
+; CHECK-LABEL: foo_v4i16:
+; CHECK:       @ %bb.0: @ %entry
+; CHECK-NEXT:    vmovlb.s16 q0, q0
+; CHECK-NEXT:    vpt.s32 lt, q0, zr
+; CHECK-NEXT:    vldrht.s32 q0, [r0]
+; CHECK-NEXT:    vcvt.f32.s32 q0, q0
+; CHECK-NEXT:    bx lr
+entry:
+  %active.lane.mask = icmp slt <4 x i16> %a, zeroinitializer
+  %wide.masked.load = call <4 x i16> @llvm.masked.load.v4i16.p0v4i16(<4 x i16>* %pSrc, i32 2, <4 x i1> %active.lane.mask, <4 x i16> undef)
+  %0 = sitofp <4 x i16> %wide.masked.load to <4 x float>
+  ret <4 x float> %0
+}
+
+declare <4 x i16> @llvm.masked.load.v4i16.p0v4i16(<4 x i16>*, i32 immarg, <4 x i1>, <4 x i16>)