Midland States Bancorp, Inc. MSBI
- Market cap
- $687.5M
- P/E
- 21.3×
Follow MSBI
Target Price Range
Analyst price targets
Free account| 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
|
|||
Midland States Bancorp, Inc. peers in Banks Regional
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| AROW Arrow Financial Corporation | $691.5M | 12.1× | Compare |
| PFIS Peoples Financial Services Corp. | $693.7M | 12.3× | Compare |
| BCAL California BanCorp | $694.1M | 11.6× | Compare |
| CCB Coastal Financial Corporation | $669.7M | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| CARE Carter Bankshares, Inc. | $666.5M | 5.2× | Compare |
| BHB Bar Harbor Bankshares, Inc. | $666.1M | 13.1× | Compare |
| TCBX Third Coast Bancshares, Inc. | $713.0M | 9.2× | Compare |
| RRBI Red River Bancshares, Inc. | $659.1M | 14.5× | Compare |
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.
Midland States Bancorp, Inc. (MSBI) Latest News
24 Sep
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
MSBI posted Q2 earnings with key metrics shown against estimates. Q2 earnings metrics versus estimates can shift market views on financial performance.
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
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
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
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
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
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.
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.
Midland States Bancorp, Inc. announced first quarter 2026 results. Quarterly earnings releases for banks directly affect financial performance metrics and investor sentiment.
9 Mar
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
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.
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
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
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
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.
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
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.
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
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
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.
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.
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
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.
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.
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.
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
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
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
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.