Midland States Bancorp, Inc. (MSBI)
| 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]
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 StatementsAnalyst 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.
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 ...
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, 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. 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...
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...
Midland States Bancorp, Inc. Announces 2022 Third Quarter Results
Net income of $23.5 million, or $1.04 diluted earnings per share
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
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...
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...
Midland States Bancorp, Inc. Announces 2022 Second Quarter Results
Net income of $21.9 million, or $0.97 diluted earnings per share
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
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...
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...
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...
Midland States Bancorp, Inc. Announces 2022 First Quarter Results
Net income of $20.7 million, or $0.92 diluted earnings per share
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...
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
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
Midland States Bancorp, Inc. Announces 2021 Fourth Quarter Results
Net income of $23.1 million, or $1.02 diluted earnings per share
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...
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
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...