Midland States Bancorp, Inc. (MSBI)

NASDAQ: MSBI · IEX Real-Time Price · USD
27.28
-0.29 (-1.05%)
Dec 2, 2022 4:00 PM EST - Market closed
-1.05%
Market Cap 602.74M
Revenue (ttm) 288.01M
Net Income (ttm) 89.26M
Shares Out 22.34M
EPS (ttm) 3.94
PE Ratio 6.92
Forward PE n/a
Dividend $1.16 (4.25%)
Ex-Dividend Date Nov 10, 2022
Volume 38,219
Open 27.22
Previous Close 27.57
Day's Range 27.07 - 27.49
52-Week Range 23.48 - 30.6
Beta 0.93
Analysts Sell
Price Target 30.60 (+12.2%)
Earnings Date Oct 21, 2022

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 accepts various deposits, such as checking, savings, money market, and sweep accounts, as well as certificates of deposits. It also offers term loans to purchase capital equipment; lines of credit for working capital and operational purposes; commercial real es... [Read more]

Industry Banks
IPO Date May 24, 2016
CEO Jeffrey Ludwig
Employees 930
Stock Exchange NASDAQ
Ticker Symbol MSBI
Full Company Profile

Financial Performance

In 2021, MSBI's revenue was $274.18 million, an increase of 26.92% compared to the previous year's $216.02 million. Earnings were $81.32 million, an increase of 260.82%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for MSBI stock is "Sell." The 12-month stock price forecast is 30.6, which is an increase of 12.17% from the latest price.

Price Target
$30.6
(12.17% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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

EFFINGHAM, Ill., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.29 per share of its co...

1 month ago - GlobeNewsWire

Is Midland States Bancorp (MSBI) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 month ago - Zacks Investment Research

Midland States Bancorp (MSBI) Beats Q3 Earnings and Revenue Estimates

Midland States Bancorp (MSBI) delivered earnings and revenue surprises of 2.97% and 1.27%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Midland States Bancorp, Inc. Announces 2022 Third Quarter Results

Net income of $23.5 million, or $1.04 diluted earnings per share

1 month ago - GlobeNewsWire

Midland States Bancorp (MSBI) Moves 5.2% Higher: Will This Strength Last?

Midland States Bancorp (MSBI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength...

1 month ago - Zacks Investment Research

7 Cheap High-Yield Dividend Stocks to Buy Now

Dividend-paying stocks tend to attract investors seeking a regular source of income. Although these companies do not grow above industry average, they assure a stable source of income.

Other symbols: ABRAJXCCOIJHGMDCNNN
1 month ago - InvestorPlace

Midland States Bancorp, Inc. to Announce Third Quarter 2022 Financial Results on Thursday, October 20

Conference call and webcast to be held on Friday, October 21 Conference call and webcast to be held on Friday, October 21

1 month ago - GlobeNewsWire

The 7 Best Financial Stocks to Buy Now

It's undoubtedly one of the toughest times for the stock market in years. The rising interest rates have been a thorn for equity investors.

Other symbols: CINFITUBOFSRJFSBNYTRIN
2 months ago - InvestorPlace

This is Why Midland States Bancorp (MSBI) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Midland States Bancorp (MSBI) have what it takes?

3 months ago - Zacks Investment Research

Midland States Bancorp, Inc. Announces Pricing of $115 Million Offering of Depositary Shares

EFFINGHAM, Ill., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (“Midland” or the “Company”) (Nasdaq: MSBI), the holding company for Midland States Bank (the “Bank”), announced today tha...

3 months ago - GlobeNewsWire

Should Value Investors Buy Midland States Bancorp (MSBI) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

3 months ago - Zacks Investment Research

Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.29 Per Share

EFFINGHAM, Ill., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.29 per share. The divi...

3 months ago - GlobeNewsWire

Midland States Bancorp (MSBI) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Midland States Bancorp (MSBI) have what it takes?

4 months ago - Zacks Investment Research

Midland States Bancorp (MSBI) Surpasses Q2 Earnings and Revenue Estimates

Midland States Bancorp (MSBI) delivered earnings and revenue surprises of 2.08% and 0.19%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Midland States Bancorp, Inc. Announces 2022 Second Quarter Results

Net income of $21.9 million, or $0.97 diluted earnings per share

4 months ago - GlobeNewsWire

7 Best Financial Stocks to Buy in July 2022

Here are the seven best financial stocks to buy in July for attractive dividend yields and prices that could reward patient investors. The post 7 Best Financial Stocks to Buy in July 2022 appeared first...

Other symbols: AMRKCIBFSKOFSPSECTRIN
4 months ago - InvestorPlace

Midland States Bancorp, Inc. to Announce Second Quarter 2022 Financial Results on Thursday, July 28

Conference call and webcast to be held on Friday, July 29 Conference call and webcast to be held on Friday, July 29

4 months ago - GlobeNewsWire

Why Midland States Bancorp (MSBI) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Midland States Bancorp (MSBI) have what it takes?

5 months ago - Zacks Investment Research

Midland States Bancorp Completes Acquisition of Deposits and Loans of Two FNBC Bank & Trust Locations in Northern Ill...

EFFINGHAM, Ill., June 21, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) today announced the completion of its branch purchase and assumption of deposi...

5 months ago - GlobeNewsWire

Are Investors Undervaluing Midland States Bancorp (MSBI) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

5 months ago - Zacks Investment Research

Midland States Bancorp Appoints Sherina Maye Edwards to Board of Directors

EFFINGHAM, Ill., June 10, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) announced today that Sherina Maye Edwards has been appointed to the Board of D...

5 months ago - GlobeNewsWire

3 Reasons Why Midland States Bancorp (MSBI) Is a Great Growth Stock

Midland States Bancorp (MSBI) could produce exceptional returns because of its solid growth attributes.

5 months ago - Zacks Investment Research

Why Midland States Bancorp (MSBI) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Midland States Bancorp (MSBI) have what it takes?

5 months ago - Zacks Investment Research

Is Midland States Bancorp (MSBI) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

6 months ago - Zacks Investment Research

Midland States Bancorp (MSBI) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Midland States Bancorp (MSBI) have what it takes?

6 months ago - Zacks Investment Research