Midland States Bancorp, Inc. (MSBI)

NASDAQ: MSBI · Real-Time Price · USD
26.25
-0.03 (-0.11%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.11%
Market Cap 561.79M
Revenue (ttm) 259.94M
Net Income (ttm) 50.14M
Shares Out 21.40M
EPS (ttm) 2.30
PE Ratio 11.40
Forward PE 9.74
Dividend $1.24 (4.72%)
Ex-Dividend Date Nov 18, 2024
Volume 66,051
Open 26.28
Previous Close 26.28
Day's Range 25.75 - 26.35
52-Week Range 20.54 - 28.47
Beta 0.72
Analysts Hold
Price Target 26.75 (+1.91%)
Earnings Date Oct 24, 2024

About MSBI

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, offi... [Read more]

Sector Financials
IPO Date May 24, 2016
Employees 914
Stock Exchange NASDAQ
Ticker Symbol MSBI
Full Company Profile

Financial Performance

In 2023, Midland States Bancorp's revenue was $281.48 million, a decrease of -7.26% compared to the previous year's $303.51 million. Earnings were $65.64 million, a decrease of -30.72%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for MSBI stock is "Hold." The 12-month stock price forecast is $26.75, which is an increase of 1.91% from the latest price.

Price Target
$26.75
(1.91% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Midland States Bancorp, Inc. Announces Common Stock and Preferred Stock Dividends

EFFINGHAM, Ill., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.31 per share of its ...

13 days ago - GlobeNewsWire

Midland States Bancorp, Inc. Announces 2024 Third Quarter Results

Third Quarter 2024 Highlights: Net income available to common shareholders of $16.2 million , or $0.74 per diluted share Adjusted pre-tax, pre-provision earnings of $27.5 million Tangible book value p...

27 days ago - GlobeNewsWire

Midland States Bancorp, Inc. to Announce Third Quarter 2024 Financial Results on Thursday, October 24

EFFINGHAM, Ill., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its third quarter 2024 financial results after market close on Thursda...

6 weeks ago - GlobeNewsWire

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

Midland States Bancorp faces challenges with declining net interest income, deposit loss, and increased reliance on external financing. The bank has improved its allowance for credit losses, but still...

3 months ago - Seeking Alpha

Midland States Bancorp, Inc. Announces 2024 Second Quarter Results

Second Quarter 2024 Highlights: Net income available to common shareholders of $4.5 million , or $0.20 per diluted share Adjusted pre-tax, pre-provision earnings of $25.2 million Tangible book value p...

4 months ago - GlobeNewsWire

Transend Partners with Midland States Bank to Launch the First B2B Private-Label Working Capital Solution

ATLANTA , July 15, 2024 /PRNewswire/ -- Transend, the first B2B private-label working capital solution that is redefining how suppliers do business with their commercial customers, today announced its...

4 months ago - PRNewsWire

Midland States Bancorp, Inc. to Announce Second Quarter 2024 Financial Results on Thursday, July 25

EFFINGHAM, Ill., July 05, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its second quarter 2024 financial results after market close on Thursd...

4 months ago - GlobeNewsWire

Midland States Bancorp, Inc. Appoints Travis Franklin to Board of Directors

EFFINGHAM, Ill., May 07, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors has appointed Travis Franklin to its Board, effective May 7, 2...

7 months ago - GlobeNewsWire

Midland States Bancorp, Inc. Announces 2024 First Quarter Results

First Quarter 2024 Highlights: Net income available to common shareholders of $11.7 million , or $0.53 per diluted share Pre-tax, pre-provision earnings of $32.2 million Tangible book value per share ...

7 months ago - GlobeNewsWire

Midland States Bancorp, Inc. To Announce First Quarter 2024 Financial Results on Thursday, April 25

EFFINGHAM, Ill., April 05, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its first quarter 2024 financial results after market close on Thursd...

8 months ago - GlobeNewsWire

Midland States Bancorp: Why I Sold The Preferred Shares

Midland States Bancorp's shares are still down compared to pre-regional bank crisis levels. Net interest income remains above pre-pandemic levels, but balance sheet results were mixed in 2023. I have ...

8 months ago - Seeking Alpha

Midland States Bancorp Appoints Gerald Carlson to Board of Directors

EFFINGHAM, Ill., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) announced today that Gerald Carlson has been appointed to the Board of Direc...

10 months ago - GlobeNewsWire

Midland States Bancorp, Inc. Increases Common Stock Cash Dividend to $0.31 Per Share and Declares Preferred Stock Dividend

EFFINGHAM, Ill., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.31 per share of its ...

10 months ago - GlobeNewsWire

Midland States Bancorp, Inc. Announces 2023 Fourth Quarter Results

Fourth Quarter 2023 Highlights: Net income available to common shareholders of $18.5 million , or $0.84 per diluted share Adjusted earnings available to common shareholders of $19.8 million , or $0.89...

10 months ago - GlobeNewsWire

Midland States Bancorp, Inc. to Announce Fourth Quarter 2023 Financial Results on Thursday, January 25

EFFINGHAM, Ill., Jan. 05, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its fourth quarter 2023 financial results after market close on Thursd...

11 months ago - GlobeNewsWire

Midland States Bancorp, Inc. Announces Authorization of New $25 Million Stock Repurchase Program

EFFINGHAM, Ill., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors has approved a new stock repurchase program that authorizes t...

1 year ago - GlobeNewsWire

Midland States Bancorp, Inc. Announces 2023 Third Quarter Results

Third Quarter 2023 Highlights: Net income available to common shareholders of $15.8 million , or $0.71 per diluted share Adjusted earnings per diluted share of $0.78 reflects impact of balance sheet r...

1 year ago - GlobeNewsWire

Midland States Bancorp, Inc. to Announce Third Quarter 2023 Financial Results on Thursday, October 26

EFFINGHAM, Ill., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its third quarter 2023 financial results after market close on Thursda...

1 year ago - GlobeNewsWire

Midland States Bancorp, Inc. Announces 2023 Second Quarter Results

Second Quarter 2023 Highlights: Net income available to common shareholders of $19.3 million , or $0.86 per diluted share Efficiency ratio improved to 55.0% from prior quarter Total loan growth of $13...

1 year ago - GlobeNewsWire

Midland States Bancorp, Inc. to Announce Second Quarter 2023 Financial Results on Thursday, July 27

EFFINGHAM, Ill., July 07, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its second quarter 2023 financial results after market close on Thursd...

1 year ago - GlobeNewsWire

Midland States Bancorp Offers Attractive 8.3% Yielding Preferred Share

Midland States Bancorp's preferred shares are yielding 8.3% and are an attractive holding for income investors. The bank's net income covers the preferred share dividends by nearly 10 to 1. Preferred ...

1 year ago - Seeking Alpha

Midland States Bancorp, Inc. Announces 2023 First Quarter Results

First Quarter 2023 Highlights: Net income available to common shareholders of $19.5 million , or $0.86 per diluted share Total loan growth of $47.8 million , or 3.0% annualized from prior quarter Tota...

1 year ago - GlobeNewsWire

Midland States Bancorp, Inc. to Announce First Quarter 2023 Financial Results on Thursday, April 27

EFFINGHAM, Ill., April 05, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its first quarter 2023 financial results after market close on Thursd...

1 year ago - GlobeNewsWire

Midland States Bancorp, Inc. Increases Quarterly Common Stock Cash Dividend to $0.30 Per Share and Announces Preferred Stock Dividend

23rd  consecutive year that Midland States Bancorp has increased its quarterly cash dividend

1 year ago - GlobeNewsWire

Midland States Bancorp, Inc. (MSBI) Q4 2022 Earnings Call Transcript

Midland States Bancorp, Inc. (NASDAQ:MSBI) Q4 2022 Earnings Conference Call January 27, 2022 8:30 AM ET Company Participants Tony Rossi - IR, Financial Profiles, Inc. Jeffrey Ludwig - President & CEO...

1 year ago - Seeking Alpha