Midland States Bancorp, Inc. (MSBI)
| Market Cap | 526.48M |
| Revenue (ttm) | 259.94M |
| Net Income (ttm) | 50.14M |
| Shares Out | 21.40M |
| EPS (ttm) | 2.30 |
| PE Ratio | 10.68 |
| Forward PE | 9.10 |
| Dividend | $1.24 (5.04%) |
| Ex-Dividend Date | Nov 18, 2024 |
| Volume | 218,224 |
| Open | 24.12 |
| Previous Close | 24.40 |
| Day's Range | 24.12 - 24.85 |
| 52-Week Range | 20.54 - 28.47 |
| Beta | 0.73 |
| Analysts | Hold |
| Price Target | 27.75 (+12.81%) |
| Earnings Date | Jan 23, 2025 |
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]
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 StatementsAnalyst Forecast
According to 4 analysts, the average rating for MSBI stock is "Hold." The 12-month stock price forecast is $27.75, which is an increase of 12.81% from the latest price.
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 ...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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 ...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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
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...