Midland States Bancorp, Inc. (MSBI)

NASDAQ: MSBI · IEX Real-Time Price · USD
20.62
-0.20 (-0.96%)
Sep 22, 2023, 4:00 PM EDT - Market closed
-0.96%
Market Cap 449.44M
Revenue (ttm) 311.58M
Net Income (ttm) 92.12M
Shares Out 21.80M
EPS (ttm) 4.07
PE Ratio 5.07
Forward PE 6.92
Dividend $1.20 (5.82%)
Ex-Dividend Date Aug 10, 2023
Volume 36,851
Open 20.82
Previous Close 20.82
Day's Range 20.60 - 20.96
52-Week Range 17.98 - 28.59
Beta 0.87
Analysts Hold
Price Target 24.33 (+17.99%)
Earnings Date Oct 19, 2023

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 915
Stock Exchange NASDAQ
Ticker Symbol MSBI
Full Company Profile

Financial Performance

In 2022, MSBI's revenue was $305.50 million, an increase of 11.42% compared to the previous year's $274.18 million. Earnings were $95.86 million, an increase of 17.88%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for MSBI stock is "Hold." The 12-month stock price forecast is $24.33, which is an increase of 17.99% from the latest price.

Price Target
$24.33
(17.99% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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

EFFINGHAM, Ill., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share of its ...

7 weeks 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...

2 months 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...

2 months ago - GlobeNewsWire

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...

5 months 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...

6 months 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

8 months ago - GlobeNewsWire

Midland States Bancorp, Inc. Announces 2022 Fourth Quarter Results

Net income available to common shareholders of $29.7 million, or $1.30 per diluted share. $17.5 million gain on the termination of forward starting interest rate swaps, $3.3 million loss on commercial...

8 months ago - GlobeNewsWire

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

EFFINGHAM, Ill., Dec. 06, 2022 (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...

10 months ago - GlobeNewsWire

Midland States Bancorp, Inc. Announces 2022 Third Quarter Results

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

1 year ago - GlobeNewsWire

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 year ago - GlobeNewsWire

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 t...

1 year ago - GlobeNewsWire

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 di...

1 year ago - GlobeNewsWire

Midland States Bancorp, Inc. Announces 2022 Second Quarter Results

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

1 year ago - GlobeNewsWire

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

1 year ago - GlobeNewsWire

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

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 depo...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

Midland States Bancorp Announces Consumer Loan Origination Partnership with LendingPoint

EFFINGHAM, Ill., May 02, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) today announced the formation of a partnership with LendingPoint, an AI-drive...

1 year ago - GlobeNewsWire

Midland States Bancorp, Inc. Announces 2022 First Quarter Results

Net income of $20.7 million, or $0.92 diluted earnings per share

1 year ago - GlobeNewsWire

Midland States Bancorp Expands Banking-as-a-Service Initiative with Synctera Partnership

EFFINGHAM, Ill., April 07, 2022 (GLOBE NEWSWIRE) --  Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) today announced a new partnership with Synctera, who provides consulting a...

1 year ago - GlobeNewsWire

Midland States Bancorp, Inc. to Announce First Quarter 2022 Financial Results on Thursday, April 28

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

1 year ago - GlobeNewsWire

Midland States Bancorp, Inc. Increases Quarterly Cash Dividend to $0.29 Per Share

22nd consecutive year that Midland States Bancorp has increased its quarterly cash dividend 22nd consecutive year that Midland States Bancorp has increased its quarterly cash dividend

1 year ago - GlobeNewsWire

Midland States Bancorp, Inc. Announces 2021 Fourth Quarter Results

Net income of $23.1 million, or $1.02 diluted earnings per share

1 year ago - GlobeNewsWire

Midland States Bancorp Announces Agreement to Acquire Deposits and Loans of Two FNBC Bank & Trust Locations in Northern Illinois

EFFINGHAM, Ill., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) today announced the signing of a branch purchase and assumption agreement wi...

1 year ago - GlobeNewsWire

Midland States Bancorp, Inc. to Announce Fourth Quarter 2021 Financial Results on Thursday, January 27

Conference call and webcast to be held on Friday, January 28 Conference call and webcast to be held on Friday, January 28

1 year ago - GlobeNewsWire

Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.28 Per Share

EFFINGHAM, Ill., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.28 per share. The di...

2 years ago - GlobeNewsWire