Midland States Bancorp, Inc. MSBI

33.26 0.13 0.39% as of 25 Sep
Market cap
$687.5M
P/E
21.3×
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.53
Total sells 0.49
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — 4 — — — — 1 — — — —
Sell — — — 1 — — — — — 1 2 1
Insider Ownership 10.32%

Capital & Financial Ratios

Market Cap 687.52
Revenue 457.56
Net Income 43.02
Free Cash Flow 125.28
Net Debt 38.50
Current Ratio 0.78
Debt/Equity 0.59
P/E ratio 21.32
P/S ratio 1.53
P/B ratio 1.53
Past 5Y EPS Growth 12.36%
This Y EPS Growth 154.43%
Next Y EPS Growth 1.74%
Next 5Y EPS Growth 7.00%
in millions of $

Dividends

Payout Ratio 0.29
Annual Dividend Rate 1.20
Annual Dividend Yield 5.03%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.30
0.32
0.32
0.33
2025 1.26
0.31
0.31
0.32
0.32
2024 1.24
0.31
0.31
0.31
0.31
2023 1.20
0.30
0.30
0.30
0.30
2022 1.16
0.29
0.29
0.29
0.29
2021 1.12
0.28
0.28
0.28
0.28
2020 1.07
0.27
0.27
0.27
0.27
2019 0.97
0.24
0.24
0.24
0.24
2018 0.88
0.22
0.22
0.22
0.22
2017 0.80
0.20
0.20
0.20
0.20
2016 0.36
0.18
0.18
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 135 115 128 299
Receivables — — — —
Inventory — — — —
Other — — — —
6,117 5,541 4,442 4,513
2023 2024 2025 Q'26
Payables 6,310 6,197 5,424 5,707
ST’ Debt — — — —
Other — — — —
6,455 6,409 5,576 5,794
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 10.38% 9.23% 0.96%
Cash Flow 5.54% (24.11%) (23.96%)
Earnings 0.00% 0.00% 0.00%
Book Value 9.27% (1.87%) (9.33%)

Revenue

Mar Jun Sep Dec Year
’26 108 112 — — —
’25 117 121 119 119 476
’24 143 139 143 140 565
’23 111 119 115 186 532
’22 78 84 95 205 463
’21 75 76 74 83 308
’20 70 80 79 77 306
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 17 29 — — —
’25 25 28 80 (7) 126
’24 43 31 47 56 177
’23 16 45 6 86 153
’22 39 115 52 80 286
’21 158 58 84 33 334
’20 55 162 189 93 499
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 22 29 — — —
’25 23 27 79 (8) 120
’24 43 30 44 53 170
’23 13 43 4 84 145
’22 39 115 53 78 283
’21 158 58 98 32 332
’20 54 161 189 93 497
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.74 0.82 — — —
’25 (6.47) 0.44 0.24 (0.24) (6.14)
’24 1.04 1.18 0.74 (1.42) (1.05)
’23 0.86 0.86 0.71 0.84 2.97
’22 0.92 0.97 1.04 1.30 4.23
’21 0.81 0.88 0.86 1.02 3.57
’20 0.06 0.53 0.00 0.36 0.95
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
20.80 28.70 19.56 21.81 12.48 17.70 23.48 17.98 20.54 14.24

Analyst estimates 2026–2028

Powerpack
Low Price
37.58 36.62 36.06 29.50 29.08 30.32 30.60 28.47 28.10 25.76
High Price
715 840 1,100 1,100 904 950 935 950 928 861
Employees
0 0 0 0 0 0 0 1 1 1
Revenue/Emp
193 212 295 325 306 308 463 532 565 476
Revenue
91.73% 88.96% 85.34% 81.62% 85.06% 90.20% 87.89% 68.36% 66.40% 68.27%
Gross Margin
50 26 51 72 32 99 131 88 47 (115)
EBT
26.09% 12.46% 17.21% 22.31% 10.46% 32.21% 28.40% 16.54% 8.30% (24.13%)
EBT Margin
32 16 39 56 23 81 100 61 38 (124)
Net Income
15 15 20 23 23 21 17 10 6 152
Depreciation
13.68 11.95 12.76 13.37 13.12 13.69 20.71 24.05 25.99 21.80
Revenue/Sh
2.22 0.92 1.64 2.28 0.95 3.58 4.24 2.97 (1.05) (6.14)
Earnings/Sh
1.71 3.96 4.20 22.18 21.39 14.88 12.79 6.93 8.12 5.76
Cash Flow/Sh
(0.15) (0.11) 0.25 (0.09) (0.11) (0.09) (0.15) (0.39) (0.32) (0.24)
Capex/Sh
1.55 3.86 4.45 22.08 21.28 14.78 12.65 6.54 7.81 5.51
Free CF/Sh
22.77 25.28 26.31 27.25 26.63 29.53 33.95 32.33 32.71 25.90
Book Value/Sh
14 18 23 24 23 22 22 22 22 22
Shares
16.21 34.18 13.62 12.70 18.67 6.92 6.26 8.43 15.76 0.00
PE Ratio
2.59 2.72 1.75 2.17 1.36 1.81 1.28 1.15 0.94 0.97
PS Ratio
1.56 1.29 0.85 1.06 0.67 0.84 0.91 1.01 0.88 1.02
PB Ratio
3.31 4.71 3.68 3.16 3.51 1.22 2.25 2.06 1.42 1.48
EV/Sales
29.14 14.59 10.55 1.91 2.15 1.08 3.47 6.75 4.29 5.13
EV/FCF
24 70 97 539 499 334 286 153 177 126
Op' Cash Flow
(2) (2) 6 (2) (3) (2) (3) (9) (7) (5)
Capex
22 69 103 536 497 332 283 145 170 120
FCF
43 206 183 174 376 (376) (39) (337) (868) (1,134)
Working Cap'
329 638 783 718 998 499 610 620 387 372
Total Debt
139 423 569 324 656 (182) 449 485 272 244
Net Debt
322 450 609 662 621 664 759 715 711 565
Sh' Equity
1.03% 0.42% 0.78% 0.95% 0.35% 1.14% 1.27% 0.67% 0.38% (1.90%)
ROA
6.84% 1.90% 2.70% 4.82% 2.19% 12.85% 6.80% 4.58% 3.48% (8.82%)
ROIC
11.31% 4.16% 7.47% 8.79% 3.51% 12.65% 14.80% 8.34% 4.84% (25.24%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Midland States Bancorp, Inc. (MSBI) key facts

  • Midland States Bancorp, Inc. (MSBI) is a Banks Regional company in the Financial sector, listed on Nasdaq.
  • Midland States Bancorp, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $476.0 million, down 15.7% from fiscal 2024.
  • As of September 25, 2026, MSBI traded at $33.26, a market capitalization of $687.5 million.
  • Midland States Bancorp, Inc. pays an annual dividend of $1.20 per share, a yield of 5.03%, with a payout ratio of 29.1%.
  • Return on equity was −25.2% and debt-to-equity 0.59.

Source: company filings (standardised) and stockrow calculations.

Midland States Bancorp, Inc. (MSBI) Latest News

News by impact score

Fine-tune

24 Sep

3

Midland States Bancorp (MSBI), headquartered in Effingham and in the Finance sector, has gained about 53% this year as it emphasizes a high-yield, dividend-friendly profile alongside an optimistic earnings outlook. The stock currently pays a quarterly dividend of $0.33 ($1.32 annualized), yielding 4.08%, higher than the Banks - Northeast industry average and the S&P 500. Dividend growth is 4.8% this year, with four increases in the last five years (about 3.28% annualized). The payout ratio is 54%. For 2026, the Zacks Consensus calls for $3.40 per share, up about 100% year over year, signaling solid earnings growth. The piece positions MSBI as an attractive dividend play and investment opportunity, supported by a Zacks Rank of #2 (Buy). Positive earnings outlook and dividend appeal may moderately boost investor sentiment and near-term performance.

23 Jul

3

MSBI posted Q2 earnings with key metrics shown against estimates. Q2 earnings metrics versus estimates can shift market views on financial performance.

3

Midland States Bancorp, Inc. released its second quarter 2026 financial results. Quarterly earnings releases deliver key financial metrics that can shift near-term stock valuation and investor sentiment.

9 Jul

3

Midland States Bancorp (MSBI) earns a new strong buy rating driven by its financial metrics, growth outlook, and valuation appeal. Buy rating may lift short-term investor sentiment and trading volume but does not alter core operations.

11 May

3

Midland States Bancorp, Inc. appoints Claire Stack as its new Chief Financial Officer. CFO appointment influences financial oversight and strategy, with moderate potential to affect performance.

5 May

4

Midland States Bancorp, Inc. increases its stock repurchase program to $45 million. Expanding the stock repurchase program to $45 million signals financial confidence, boosts EPS, and positively influences investor sentiment and stock performance.

29 Apr

4

Midland States Bancorp (MSBI) upgraded to Strong Buy by analysts, who cite improving financial metrics, strong loan growth, solid asset quality, and attractive valuation as key rationales. Analyst upgrade to Strong Buy highlights positive financial trends likely to drive significant investor sentiment and stock performance gains.

23 Apr

4

Midland States Bancorp (MSBI) reported Q1 earnings, analyzing key metrics for insights into financial performance. Q1 earnings reports significantly impact bank stock prices and investor sentiment through revealed financial health.

4

Midland States Bancorp (MSBI) beat Q1 earnings and revenue estimates. Beating Q1 earnings and revenue estimates boosts investor sentiment and signals strong financial performance, significantly impacting future market trajectory.

4

Midland States Bancorp, Inc. announced first quarter 2026 results. Quarterly earnings releases for banks directly affect financial performance metrics and investor sentiment.

9 Mar

4

Midland States Bancorp, Inc. (MSBI), an Illinois community bank, has fired its chief financial officer. Firing the CFO signals potential internal issues that could disrupt financial reporting, regulatory compliance, and investor confidence.

13 Feb

3

Midland States Bancorp, Inc. (MSBI) is identified as one of three stocks potentially trading up to 42.2% below their estimated intrinsic value. The analysis suggests that MSBI, along with other companies, may present attractive investment opportunities due to their undervaluation in the market. Investors are encouraged to consider these stocks for potential gains as market conditions evolve. The identification of MSBI as undervalued suggests a moderately noticeable influence on its market performance.

3

Midland States Bancorp, Inc. (MSBI) is highlighted as one of three stocks priced below their estimated value in February 2026. The analysis suggests that MSBI, along with two other companies, presents a potential investment opportunity due to its undervaluation relative to its estimated worth. Investors are encouraged to consider these stocks for potential gains as market conditions evolve. MSBI's undervaluation may moderately influence investor sentiment and financial performance.

12 Feb

3

Midland States Bancorp, Inc. (MSBI) is identified as one of three stocks potentially undervalued by up to 39.1% compared to their intrinsic value, suggesting a possible investment opportunity. Analysts highlight that the current market price may not reflect the company's true worth, indicating a favorable outlook for investors seeking value stocks. The identification of MSBI as undervalued suggests a moderate influence on investor sentiment and potential financial performance.

9 Feb

3

Midland States Bancorp, Inc. (NASDAQ:MSBI) has garnered significant support from institutional investors, who collectively own 66% of the company's shares. This level of institutional ownership indicates a strong level of confidence in the company's management and strategic direction, potentially influencing its market performance and stability. Institutional ownership at 66% suggests a moderately noticeable influence on investor sentiment and market performance.

3 Feb

3

Patriot Financial Partners, L.P. has made open-market purchases of common stock in Midland States Bancorp, Inc. (MSBI). This investment reflects confidence in the bank's potential and may influence market sentiment regarding MSBI's future performance. The investment by Patriot Financial Partners is expected to moderately influence market sentiment and MSBI's financial performance.

3

Midland States Bancorp, Inc. has announced dividends for both its common and preferred stock. The common stock dividend is set at $0.30 per share, while the preferred stock dividend will be $0.50 per share. These dividends reflect the company's ongoing commitment to returning value to its shareholders and are payable on a specified date to shareholders of record. The dividend announcement indicates a stable financial position, which may positively influence investor sentiment but is not expected to significantly alter the company's trajectory.

29 Jan

3

Midland States Bancorp, Inc. (MSBI) is highlighted as one of three stocks potentially trading below their estimated value as of January 2026. The analysis suggests that MSBI may offer an attractive investment opportunity based on its current valuation metrics and future growth prospects. Investors are encouraged to consider the stock's fundamentals and market positioning as part of their investment strategy. MSBI's valuation metrics indicate a moderately noticeable influence on its financial performance and market sentiment.

3

Midland States Bancorp, Inc. (MSBI) is highlighted as one of three stocks potentially trading below their fair value estimates. The analysis suggests that MSBI, along with two other companies, may present investment opportunities due to their undervalued status in the market. Factors contributing to this assessment include financial performance metrics and market conditions that could favor a rebound in stock prices. Investors are encouraged to consider these stocks for potential gains as they may be mispriced relative to their intrinsic value. MSBI's potential undervaluation may moderately influence investor sentiment and financial performance.

26 Jan

4

Midland States Bancorp, Inc. (MSBI) is currently perceived as undervalued by investors, with analysts suggesting that the stock's price does not reflect its strong fundamentals and growth potential. The bank has shown resilience in its financial performance, and there are expectations for continued growth driven by strategic initiatives and market opportunities. Investors are encouraged to consider the stock's long-term prospects as it may present a buying opportunity. The potential undervaluation and growth prospects could significantly influence investor sentiment and the company's future performance.

23 Jan

4

Midland States Bancorp, Inc. (MSBI) has been upgraded to a Strong Buy rating due to its strong financial performance, strategic growth initiatives, and favorable market conditions. Analysts highlight the bank's robust loan growth, improved asset quality, and effective cost management as key factors contributing to this positive outlook. The upgrade reflects confidence in the company's ability to navigate economic challenges and capitalize on opportunities in the banking sector. The upgrade to Strong Buy indicates significant confidence in the company's future performance and market positioning.

4

Midland States Bancorp, Inc. (MSBI) has been highlighted as one of the best income stocks to consider for investment on January 23rd. The company is noted for its strong dividend yield and solid financial performance, making it an attractive option for income-focused investors. Analysts suggest that MSBI's consistent earnings and strategic initiatives position it well for future growth, despite potential market fluctuations. MSBI's strong dividend yield and solid financial performance indicate significant potential for future growth and investor interest.

3

Midland States Bancorp, Inc. (MSBI) has been identified as one of the best value stocks to consider for investment on January 23rd. The company is noted for its strong financial performance and attractive valuation metrics, making it a compelling option for investors seeking value opportunities in the current market environment. Midland States Bancorp's strong financial performance may moderately influence its market positioning and investor sentiment.

22 Jan

4

Midland States Bancorp, Inc. reported its Q4 earnings, highlighting a notable increase in net income and improved asset quality. The bank's loan growth and strategic initiatives contributed to a positive financial outlook. Additionally, the company announced plans for future investments to enhance operational efficiency and customer service. Overall, the results reflect a strong performance amid a challenging economic environment. The significant increase in net income and strategic initiatives indicate a likely positive shift in the company's future performance.

3

Midland States Bancorp, Inc. (MSBI) reported its Q4 earnings, which showed performance metrics compared to analysts' estimates. The results highlighted key financial figures, including revenue and net income, indicating the bank's operational efficiency and market position. Analysts are assessing the implications of these earnings on the company's future trajectory and investor sentiment. The earnings report is expected to moderately influence financial performance and market sentiment.

3

Midland States Bancorp, Inc. (MSBI) reported its Q4 earnings, which fell short of analysts' expectations. The company's earnings per share and revenue figures did not meet the consensus estimates, leading to concerns about its financial performance. This miss has raised questions regarding the bank's operational efficiency and future growth prospects, potentially impacting investor sentiment. Earnings miss may affect investor confidence and financial performance but is not expected to drastically alter the company's trajectory.

3

Midland States Bancorp, Inc. reported its financial results for the fourth quarter of 2025, highlighting key metrics such as net income, earnings per share, and loan growth. The bank experienced an increase in total assets and deposits, reflecting strong customer demand and effective management strategies. Additionally, the company announced plans for future investments and strategic initiatives aimed at enhancing operational efficiency and expanding its market presence. Overall, the results indicate a positive trajectory for the bank amidst a competitive landscape. The reported financial results and strategic initiatives are expected to moderately influence the company's performance and market positioning.

21 Jan

4

Analysts project that Midland States Bancorp, Inc. (MSBI) will report strong Q4 earnings, driven by growth in net interest income and improved asset quality. Expectations include a rise in earnings per share and a stable loan portfolio, reflecting the bank's strategic focus on enhancing operational efficiency. Market sentiment remains positive as MSBI continues to adapt to changing economic conditions and regulatory environments, positioning itself for sustained growth in the upcoming quarters. Strong projected earnings growth and improved asset quality indicate significant positive shifts in financial performance.

13 Jan

3

Midland States Bancorp, Inc. (MSBI) is highlighted as one of three undervalued small-cap stocks experiencing insider buying. The article emphasizes the potential for growth in MSBI, driven by strategic initiatives and favorable market conditions. Insider buying is often viewed as a positive signal, indicating confidence from company executives in the future performance of the stock. This trend may attract investor interest and contribute to a more favorable market perception of MSBI. Insider buying can positively influence market sentiment and investor confidence, but its overall impact on MSBI's trajectory is expected to be limited.

9 Jan

3

Midland States Bancorp, Inc. (MSBI) is being evaluated by value investors for potential stock purchases. The company has shown resilience in its financial performance, with a focus on strategic growth and operational efficiency. Analysts are considering various factors, including market conditions and the bank's competitive positioning, to determine if MSBI represents a viable investment opportunity. The overall sentiment suggests cautious optimism among investors, but careful analysis is recommended before making investment decisions. Midland States Bancorp's financial performance and strategic growth initiatives indicate a moderately noticeable influence on its future market positioning.

stockrow.com/MSBI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com