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Midland States Bancorp, Inc. (MSBI)

Stock Price: $14.92 USD 0.47 (3.25%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 342.22M
Revenue (ttm) 238.88M
Net Income (ttm) 39.57M
Shares Out 22.94M
EPS (ttm) 1.60
PE Ratio 9.33
Forward PE n/a
Dividend $1.07
Dividend Yield 7.17%

Stock Quote

Trading Day Aug 7, 2020
Last Price $14.92
Previous Close $14.45
Change ($) 0.47
Change (%) 3.25%
Day's Open 14.39
Day's Range 14.22 - 14.99
Day's Volume 134,204
52-Week Range 12.49 - 29.50

More Stats

Market Cap 342.22M
Enterprise Value 826.81M
Earnings Date (est) Oct 22, 2020
Ex-Dividend Date May 14, 2020
Shares Outstanding 22.94M
Float 19.01M
EPS (basic) 1.62
EPS (diluted) 1.60
FCF / Share 3.69
Dividend $1.07
Dividend Yield 7.17%
Earnings Yield 10.72%
FCF Yield 25.18%
Payout Ratio 63.00%
Shares Short 699,034
Short Ratio 5.94
Short % of Float 3.15%
Beta 1.05
PE Ratio 9.33
Forward PE n/a
P/FCF Ratio 3.97
PS Ratio 1.43
PB Ratio 0.53
Revenue 238.88M
Operating Income 50.76M
Net Income 39.57M
Free Cash Flow 86.18M
Net Cash -484.58M
Net Cash / Share -21.13
Gross Margin 104.96%
Operating Margin 21.25%
Profit Margin 17.30%
FCF Margin 36.08%
ROA 0.65%
ROE 6.21%
ROIC 0.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (4)

Buy 0
Overweight 0
Hold 4
Underweight 0
Sell 0

Analyst Consensus: Hold

Price Target

$16.50*
(10.59% upside)
Low
14.0
Current: $14.92
High
20.0
Target: 16.50
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017201620152014
Revenue24824217917215384.95
Revenue Growth2.34%35.09%4.51%12.04%80.42%-
Gross Profit24824217917215384.95
Operating Income71.9851.2630.5350.4335.4217.21
Net Income55.7839.4216.0631.5424.3210.82
Shares Outstanding24.2923.1317.7814.1311.905.95
Earnings Per Share2.261.660.872.172.000.53
EPS Growth36.14%90.8%-59.91%8.5%277.36%-
Dividend Per Share0.970.880.800.36--
Dividend Growth10.23%10%122.22%---
Operating Cash Flow11997.0670.4524.1373.3221.50
Capital Expenditures-5.51-7.17-1.90-2.17-6.06-2.92
Free Cash Flow11489.8968.5521.9667.2618.58
Cash & Equivalents3952142151912120.00
Total Debt816907794461247-
Net Cash / Debt-421-693-579-270-34.160.00
Assets6,0875,6384,4133,2342,885-
Liabilities5,4255,0293,9632,9122,652-
Book Value662609450322233-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Midland States Bancorp, Inc.
Country United States
Employees 1,100
CEO Jeffrey G. Ludwig

Stock Information

Ticker Symbol MSBI
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: MSBI
IPO Date May 24, 2016

Description

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, Commercial FHA Origination and Servicing, and Other segments. The company accepts various deposits, such as checking, savings, money market, and sweep accounts, as well as certificates of deposit, noninterest-bearing and interest-bearing demand deposits, and time deposits. It also offers commercial lending products, including owner occupied commercial real estate, commercial real estate investment, real estate construction, and multifamily loans, as well as loans to purchase farmland and finance agricultural production; business term loans, equipment financing, and lines of credit; and consumer installment loans for purchase of cars, boats, and other recreational vehicles, as well as appliances and other home improvement projects. In addition, the company provides residential first and second mortgage loans; home equity lines of credit; and commercial mortgage loans for multifamily and healthcare facilities. Further, it offers commercial equipment leasing, merchant, and treasury management services. Additionally, the company provides trust and wealth management products and services, including financial and estate planning, trustee and custodial services, investment management, tax and insurance planning, business planning, corporate retirement plan consulting and administration, and retail brokerage services. As of December 31, 2019, it operated 67 banking offices in 48 communities. The company was founded in 1881 and is headquartered in Effingham, Illinois.