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Midland States Bancorp NasdaqGS:MSBI Stock Report

Last Price

US$24.60

Market Cap

US$526.5m

7D

-7.0%

1Y

-11.2%

Updated

22 Dec, 2024

Data

Company Financials +

Midland States Bancorp, Inc.

NasdaqGS:MSBI Stock Report

Market Cap: US$526.5m

MSBI Stock Overview

Operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. More details

MSBI fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

Midland States Bancorp, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Midland States Bancorp
Historical stock prices
Current Share PriceUS$24.60
52 Week HighUS$28.47
52 Week LowUS$20.54
Beta0.73
1 Month Change-10.19%
3 Month Change10.07%
1 Year Change-11.19%
3 Year Change-1.52%
5 Year Change-15.06%
Change since IPO12.33%

Recent News & Updates

Recent updates

Midland States Bancorp: Some Improvement, But Still Avoiding Preferred Shares

Aug 13

Shareholders May Be A Bit More Conservative With Midland States Bancorp, Inc.'s (NASDAQ:MSBI) CEO Compensation For Now

May 01
Shareholders May Be A Bit More Conservative With Midland States Bancorp, Inc.'s (NASDAQ:MSBI) CEO Compensation For Now

Midland States Bancorp: Why I Sold The Preferred Shares

Mar 26

Midland States Bancorp's (NASDAQ:MSBI) Upcoming Dividend Will Be Larger Than Last Year's

May 06
Midland States Bancorp's (NASDAQ:MSBI) Upcoming Dividend Will Be Larger Than Last Year's

Should You Be Adding Midland States Bancorp (NASDAQ:MSBI) To Your Watchlist Today?

Mar 14
Should You Be Adding Midland States Bancorp (NASDAQ:MSBI) To Your Watchlist Today?

Midland States Bancorp (NASDAQ:MSBI) Is Paying Out A Larger Dividend Than Last Year

Feb 13
Midland States Bancorp (NASDAQ:MSBI) Is Paying Out A Larger Dividend Than Last Year

Midland States Bancorp (NASDAQ:MSBI) Will Pay A Dividend Of $0.29

Nov 04
Midland States Bancorp (NASDAQ:MSBI) Will Pay A Dividend Of $0.29

Midland States Bancorp Non-GAAP EPS of $1.04 beats by $0.03, revenue of $79.85M beats by $0.41M

Oct 20

Do Midland States Bancorp's (NASDAQ:MSBI) Earnings Warrant Your Attention?

Oct 19
Do Midland States Bancorp's (NASDAQ:MSBI) Earnings Warrant Your Attention?

Midland States Bancorp: Attractively Valued With A Positive Growth Outlook

Sep 07

Midland States Bancorp prices $115M depositary stock offering

Aug 17

Midland States Bancorp's (NASDAQ:MSBI) Dividend Will Be $0.29

Aug 13
Midland States Bancorp's (NASDAQ:MSBI) Dividend Will Be $0.29

Midland States Bancorp GAAP EPS of $0.97 beats by $0.04, revenue of $75.95M beats by $0.38M

Jul 28

Midland States Bancorp: I'm Still On The Sidelines

Jun 22

Midland States Bancorp (NASDAQ:MSBI) Has Announced A Dividend Of US$0.29

May 07
Midland States Bancorp (NASDAQ:MSBI) Has Announced A Dividend Of US$0.29

Midland States Bancorp: Rosy Outlook For Rate-Sensitive Topline

Apr 01

Midland States Bancorp's (NASDAQ:MSBI) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 05
Midland States Bancorp's (NASDAQ:MSBI) Shareholders Will Receive A Bigger Dividend Than Last Year

Midland States Bancorp: Wait On The Sideline

Jan 13

Shareholder Returns

MSBIUS BanksUS Market
7D-7.0%-3.4%-2.4%
1Y-11.2%29.1%23.4%

Return vs Industry: MSBI underperformed the US Banks industry which returned 29.1% over the past year.

Return vs Market: MSBI underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is MSBI's price volatile compared to industry and market?
MSBI volatility
MSBI Average Weekly Movement5.2%
Banks Industry Average Movement5.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: MSBI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MSBI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1881907Jeff Ludwigwww.midlandsb.com

Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities.

Midland States Bancorp, Inc. Fundamentals Summary

How do Midland States Bancorp's earnings and revenue compare to its market cap?
MSBI fundamental statistics
Market capUS$526.48m
Earnings (TTM)US$50.14m
Revenue (TTM)US$259.94m

10.5x

P/E Ratio

0.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MSBI income statement (TTM)
RevenueUS$259.94m
Cost of RevenueUS$0
Gross ProfitUS$259.94m
Other ExpensesUS$209.81m
EarningsUS$50.14m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.34
Gross Margin100.00%
Net Profit Margin19.29%
Debt/Equity Ratio70.8%

How did MSBI perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

53%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 22:11
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Midland States Bancorp, Inc. is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey RulisD.A. Davidson & Co.
null nullD.A. Davidson & Co.
Damon DelMonteKeefe, Bruyette, & Woods