Midland States Bancorp Future Growth

Future criteria checks 1/6

Midland States Bancorp is forecast to grow earnings and revenue by 15% and 5.8% per annum respectively. EPS is expected to grow by 15.6% per annum. Return on equity is forecast to be 9.1% in 3 years.

Key information

15.0%

Earnings growth rate

15.6%

EPS growth rate

Banks earnings growth	10.5%
Revenue growth rate	5.8%
Future return on equity	9.1%
Analyst coverage	Low
Last updated	29 Oct 2024

Recent future growth 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

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

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

Mar 14

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

Feb 13

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

Nov 04

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

Oct 20

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: 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: Wait On The Sideline

Jan 13

Earnings and Revenue Growth Forecasts

NasdaqGS:MSBI - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	311	66	N/A	N/A	4
12/31/2025	298	60	N/A	N/A	5
12/31/2024	298	47	N/A	N/A	5
9/30/2024	260	50	160	166	N/A
6/30/2024	256	43	133	139	N/A
3/31/2024	271	58	159	166	N/A
12/31/2023	281	66	146	155	N/A
9/30/2023	300	77	100	108	N/A
6/30/2023	308	91	146	153	N/A
3/31/2023	308	94	218	224	N/A
12/31/2022	304	95	244	247	N/A
9/30/2022	291	88	236	239	N/A
6/30/2022	288	84	270	272	N/A
3/31/2022	286	83	213	215	N/A
12/31/2021	281	80	332	334	N/A
9/30/2021	263	66	392	394	N/A
6/30/2021	252	47	497	499	N/A
3/31/2021	240	39	601	603	N/A
12/31/2020	227	22	497	499	N/A
9/30/2020	232	27	495	498	N/A
6/30/2020	239	39	698	702	N/A
3/31/2020	243	43	558	563	N/A
12/31/2019	250	55	536	539	N/A
9/30/2019	252	59	475	477	N/A
6/30/2019	247	55	110	114	N/A
3/31/2019	248	51	88	89	N/A
12/31/2018	242	39	103	97	N/A
9/30/2018	221	25	80	74	N/A
6/30/2018	207	18	N/A	56	N/A
3/31/2018	188	9	N/A	61	N/A
12/31/2017	178	16	N/A	70	N/A
9/30/2017	184	25	N/A	58	N/A
6/30/2017	179	31	N/A	102	N/A
3/31/2017	178	35	N/A	121	N/A
12/31/2016	174	31	N/A	24	N/A
9/30/2016	161	28	N/A	32	N/A
6/30/2016	153	23	N/A	31	N/A
3/31/2016	149	23	N/A	-7	N/A
12/31/2015	154	24	N/A	73	N/A
9/30/2015	135	11	N/A	N/A	N/A
6/30/2015	122	12	N/A	N/A	N/A
3/31/2015	104	6	N/A	N/A	N/A
12/31/2014	83	3	N/A	21	N/A
9/30/2014	83	10	N/A	N/A	N/A
6/30/2014	83	9	N/A	N/A	N/A
3/31/2014	80	10	N/A	N/A	N/A
12/31/2013	80	10	N/A	31	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MSBI's forecast earnings growth (15% per year) is above the savings rate (2.6%).

Earnings vs Market: MSBI's earnings (15% per year) are forecast to grow slower than the US market (15.4% per year).

High Growth Earnings: MSBI's earnings are forecast to grow, but not significantly.

Revenue vs Market: MSBI's revenue (5.8% per year) is forecast to grow slower than the US market (9% per year).

High Growth Revenue: MSBI's revenue (5.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MSBI's Return on Equity is forecast to be low in 3 years time (9.1%).

Midland States Bancorp Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Price target increased by 10% to US$26.50

Consensus EPS estimates fall by 25%

Price target decreased by 7.5% to US$26.38

Price target increased by 15% to US$26.75

Price target decreased by 7.9% to US$23.25

Price target decreased by 8.7% to US$22.25

Recent updates

Price target increased by 10% to US$26.50

Independent Director recently sold US$115k worth of stock

Third quarter dividend of US$0.31 announced

Midland States Bancorp, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on November 25, 2024

President notifies of intention to sell stock

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Midland States Bancorp, Inc. to Report Q3, 2024 Results on Oct 24, 2024

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

Second quarter dividend of US$0.31 announced

Midland States Bancorp, Inc. Announces Common Stock, Payable on August 23, 2024

Consensus EPS estimates fall by 25%

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Midland States Bancorp, Inc. to Report Q2, 2024 Results on Jul 25, 2024

Insider recently sold US$147k worth of stock

Insider notifies of intention to sell stock

First quarter dividend of US$0.31 announced

Midland States Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on May 24, 2024

Senior VP notifies of intention to sell stock

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

Price target decreased by 7.5% to US$26.38

Midland States Bancorp, Inc. Announces Net Charge Offs for the Quarter Ended March 31, 2024

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Midland States Bancorp, Inc. to Report Q1, 2024 Results on Apr 25, 2024

Midland States Bancorp, Inc., Annual General Meeting, May 06, 2024

Midland States Bancorp: Why I Sold The Preferred Shares

Full year 2023 earnings: EPS misses analyst expectations

Fourth quarter dividend increased to US$0.31

Midland States Bancorp, Inc. Appoints Gerald Carlson to Board of Directors

Senior VP notifies of intention to sell stock

Full year 2023 earnings: EPS misses analyst expectations

Insufficient new directors

Price target increased by 15% to US$26.75

Insider notifies of intention to sell stock

Midland States Bancorp, Inc. (NasdaqGS:MSBI) announces an Equity Buyback for $25 million worth of its shares.

President exercised options to buy US$213k worth of stock.

Midland States Bancorp, Inc. Announces Quarterly Common Stock Dividend, Payable on November 24, 2023

Price target decreased by 7.9% to US$23.25

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Midland States Bancorp, Inc. to Report Q3, 2023 Results on Oct 26, 2023

Midland States Bancorp, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on August 18, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Midland States Bancorp, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Investor sentiment improves as stock rises 16%

Price target decreased by 8.7% to US$22.25

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

Midland States Bancorp, Inc. Announces Retirement of James R. Stewart as Senior Vice President and Chief Risk Officer

Independent Director recently bought US$100k worth of stock

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target decreased by 12% to US$26.38

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

Executive Vice President notifies of intention to sell stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

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

Midland States Bancorp, Inc. Increases Quarterly Common Stock Cash Dividend, Payable on February 24, 2023

Midland States Bancorp, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2022

Midland States Bancorp, Inc. (NasdaqGS:MSBI) announces an Equity Buyback for $25 million worth of its shares.

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

Midland States Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on November 21, 2022

Third quarter 2022 earnings: EPS exceeds analyst expectations

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

Midland States Bancorp, Inc.(NasdaqGS:MSBI.P) dropped from NASDAQ Composite Index

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

President exercised options to buy US$1.8m worth of stock.

Midland States Bancorp, Inc. to Report Q3, 2022 Results on Oct 20, 2022

Midland States Bancorp: Attractively Valued With A Positive Growth Outlook

Midland States Bancorp prices $115M depositary stock offering

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

Midland States Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on or About August 26, 2022

Second quarter 2022 earnings: EPS exceeds analyst expectations