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MSBI

MSBI - Midland States Bancorp Inc Stock Price, Fair Value and News

24.00USD-0.33 (-1.36%)Delayed as of 25 Apr 2024, 10:38 am ET

Market Summary

MSBI
USD24.00-0.33
Delayedas of 25 Apr 2024, 10:38 am
-1.36%

MSBI Alerts

  • 1 major insider buys recently.

MSBI Stock Price

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MSBI RSI Chart

MSBI Valuation

Market Cap

523.2M

Price/Earnings (Trailing)

6.93

Price/Sales (Trailing)

1.29

EV/EBITDA

1.11

Price/Free Cashflow

3.59

MSBI Price/Sales (Trailing)

MSBI Profitability

EBT Margin

26.61%

Return on Equity

9.53%

Return on Assets

0.96%

Free Cashflow Yield

27.89%

MSBI Fundamentals

MSBI Revenue

Revenue (TTM)

404.3M

Rev. Growth (Yr)

16.04%

Rev. Growth (Qtr)

1.06%

MSBI Earnings

Earnings (TTM)

75.5M

Earnings Growth (Yr)

-57.19%

Earnings Growth (Qtr)

-22.01%

Breaking Down MSBI Revenue

52 Week Range

17.9824.46
(Low)(High)

Last 7 days

6.9%

Last 30 days

0.2%

Last 90 days

-10.8%

Trailing 12 Months

27.0%

How does MSBI drawdown profile look like?

MSBI Financial Health

MSBI Investor Care

Dividend Yield

4.93%

Dividend/Share (TTM)

1.2

Buy Backs (1Y)

3.26%

Diluted EPS (TTM)

2.97

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023334.5M365.8M389.8M404.3M
2022240.1M250.9M272.0M301.8M
2021244.1M241.9M240.1M237.8M
2020251.4M251.3M246.6M244.9M
2019236.3M238.6M246.7M249.5M
2018167.8M191.5M205.3M223.4M
2017125.1M127.5M139.6M153.1M
2016118.5M119.3M121.6M121.2M
201584.3M95.5M106.6M117.8M
201400073.1M
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Tracking the Latest Insider Buys and Sells of Midland States Bancorp Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 31, 2024
edwards sherina m.
acquired
50,486
25.13
2,009
-
Mar 31, 2024
mcdaniel jerry l.
acquired
50,486
25.13
2,009
-
Mar 31, 2024
ramos richard t
acquired
50,486
25.13
2,009
-
Mar 31, 2024
dimotta jennifer
acquired
50,486
25.13
2,009
-
Mar 29, 2024
ludwig jeffrey g.
acquired
24,998
24.8
1,008
president & ceo
Mar 12, 2024
carlson gerald joseph
bought
24,225
24.225
1,000
-
Dec 29, 2023
ludwig jeffrey g.
acquired
3,755
23.3286
161
president &amp; ceo
Dec 20, 2023
spring donald j.
acquired
69,713
23.00
3,031
chief accounting officer
Dec 20, 2023
spring donald j.
sold
-84,777
27.97
-3,031
chief accounting officer
Dec 13, 2023
spring donald j.
acquired
49,329
21.00
2,349
chief accounting officer

1–10 of 50

Which funds bought or sold MSBI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
Busey Bank
unchanged
-
-1,845,060
19,080,900
0.68%
Apr 23, 2024
Accurate Wealth Management, LLC
added
48.09
642,461
2,501,600
0.73%
Apr 23, 2024
FIFTH THIRD BANCORP
unchanged
-
-11,749
121,504
-%
Apr 23, 2024
WEDGE CAPITAL MANAGEMENT L L P/NC
added
34.98
122,591
653,782
0.01%
Apr 23, 2024
AMALGAMATED BANK
reduced
-60.93
-34,000
18,000
-%
Apr 22, 2024
MetLife Investment Management, LLC
unchanged
-
76,476
300,239
-%
Apr 19, 2024
Valeo Financial Advisors, LLC
unchanged
-
-73,789
763,098
0.03%
Apr 19, 2024
DENALI ADVISORS LLC
unchanged
-
-11,178
115,598
0.03%
Apr 18, 2024
Allspring Global Investments Holdings, LLC
sold off
-100
-2,783
-
-%
Apr 18, 2024
Capital Advisors, Ltd. LLC
unchanged
-
-
4,000
-%

1–10 of 50

Are Funds Buying or Selling MSBI?

Are funds buying MSBI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MSBI
No. of Funds

Unveiling Midland States Bancorp Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
5.29%
1,138,823
SC 13G
Feb 09, 2024
dimensional fund advisors lp
6.4%
1,371,940
SC 13G/A
Feb 08, 2024
fj capital management llc
5.89%
1,269,108
SC 13G/A
Jan 23, 2024
blackrock inc.
14.2%
3,059,152
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
5.7%
1,263,058
SC 13G
Feb 08, 2023
fj capital management llc
6.17%
1,362,125
SC 13G/A
Jan 26, 2023
blackrock inc.
14.0%
3,106,694
SC 13G/A
Jan 20, 2023
blackrock inc.
14.0%
3,106,694
SC 13G/A
Mar 09, 2022
blackrock inc.
10.4%
2,287,016
SC 13G/A
Feb 11, 2022
fj capital management llc
6.33%
1,394,013
SC 13G/A

Recent SEC filings of Midland States Bancorp Inc

View All Filings
Date Filed Form Type Document
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading

Peers (Alternatives to Midland States Bancorp Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
556.1B
171.1B
-0.89% 40.25%
11.22
3.25
60.72% 31.52%
301.8B
130.3B
3.99% 32.91%
11.38
2.32
79.51% -3.68%
216.8B
85.7B
6.82% 49.45%
11.33
2.53
41.49% 39.96%
119.4B
133.3B
2.49% 30.42%
12.94
0.9
79.09% -
16.3B
10.2B
0.65% 23.03%
10.13
1.6
44.53% -22.43%
13.9B
7.9B
-1.71% 42.46%
14.42
1.76
46.47% -49.56%
MID-CAP
7.0B
4.2B
1.67% 30.02%
7.96
1.68
56.25% -23.46%
6.2B
3.9B
2.80% 57.76%
9.19
1.58
45.91% -25.03%
3.3B
1.3B
2.99% 50.41%
12.38
2.6
43.24% -22.35%
3.2B
2.0B
3.49% 25.83%
17.62
1.65
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
414.5M
164.9M
-2.10% 42.66%
35.44
2.51
42.66% -70.76%
380.2M
162.6M
-5.51% 7.64%
12.64
2.34
25.39% -38.37%
289.0M
96.6M
-4.81% 8.26%
9.12
2.99
11.02% -11.37%
47.3M
60.9M
2.22% -5.80%
-14.14
0.78
24.06% -144.92%

Midland States Bancorp Inc News

Latest updates
Yahoo Finance • 22 Apr 2024 • 04:10 pm
Nasdaq • 10 Apr 2024 • 07:00 am
Yahoo Finance • 04 Apr 2024 • 07:00 am
Investing.com • 19 Mar 2024 • 07:00 am

Midland States Bancorp Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue1.1%10510410096.0090.0080.0069.0063.0060.0058.0058.0061.0063.0060.0061.0061.0064.0065.0061.0059.0062.00
EBITDA Margin-10.9%0.86*0.97*1.05*1.15*1.26*1.32*1.36*1.33*1.31*1.22*1.11*1.09*---------
Interest Expenses-0.9%58.0059.0059.0061.0064.0064.0061.0057.0054.0051.0050.0052.0054.0050.0049.0047.0049.0049.0046.0046.0049.00
Income Taxes-44.2%6.0012.007.007.0011.006.007.007.007.006.00-1.086.002.003.003.000.003.004.005.004.005.00
Earnings Before Taxes-30.6%21.0030.0029.0029.0044.0029.0029.0027.0031.0025.0019.0024.0011.003.0016.002.0016.0017.0021.0018.0021.00
EBT Margin-20.8%0.27*0.34*0.36*0.39*0.43*0.43*0.45*0.43*0.42*0.33*0.24*0.22*---------
Net Income-22.0%14.0018.0022.0022.0033.0024.0022.0021.0023.0020.0020.0019.008.000.0013.002.0013.0013.0016.0014.0016.00
Net Income Margin-22.8%0.19*0.24*0.27*0.30*0.33*0.33*0.34*0.35*0.34*0.28*0.19*0.16*---------
Free Cashflow1962.8%86.004.0043.0013.0029.0050.0011539.0032.0084.0058.00158---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.4%7,8677,9768,0357,9307,8567,8227,4367,3397,4447,0946,6306,8856,8696,7006,6446,2086,0876,1145,5465,6425,638
    Cash Equivalents2.2%135132161138161313270332680663425631342461520449395409245276214
  Net PPE0.1%83.0083.0081.0081.0078.0078.0078.0070.0079.0071.0072.0073.0074.0075.0089.0090.0091.0094.0095.0095.0095.00
  Goodwill0%162162162162162162162162162162162162162162173173172171165165165
Liabilities-1.9%7,0757,2127,2587,1557,0977,0836,8006,6946,7806,4365,9826,2496,2476,0786,0115,5775,4255,4584,9065,0185,029
  Short Term Borrowings93.7%35.0018.0022.0031.0042.0059.0068.0060.0077.0067.0076.0072.0069.0059.0077.0044.0082.00122114116124
Shareholder's Equity3.6%792764777776759739636645664658648635621622634631662656640624609
  Retained Earnings1.7%322317308295282259242227212196182169156154160154166159152142134
  Additional Paid-In Capital-0.5%435438443447449448447446446451455454453458463469488488477476474
Shares Outstanding-0.2%22.0022.0022.0022.0022.0022.0022.0022.0022.0023.0023.0023.00---------
Float---418---511---567---324---600--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations1237.7%87,3556,53044,74516,00840,99351,595115,40039,07733,34584,44058,278158,37593,287189,291161,96654,60392,549392,55623,55029,99831,159
Cashflow From Investing61.4%67,76941,993-87,430-98,412-197,916-389,522-200,680-310,769-393,306-231,5161,443144,884-369,704-303,990-505,284-133,455-75,409-408,73763,89355,46546,983
Cashflow From Financing-97.4%-152,195-77,08665,07060,0834,366380,99823,133-76,415377,689384,619-265,840-13,680156,86156,027413,790133,743-31,981180,112-118,508-22,683-106,875
  Dividend Payments-0.5%6,5656,6006,6596,7496,5196,4706,4706,4646,2456,2996,3276,3016,0326,1116,2406,5755,9745,9625,8405,8235,266
  Buy Backs-52.6%2,8736,0586,1662,801---1,1095,2445,240-1,2086,8855,0117,15720,5622,1871,832---

MSBI Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME—(UNAUDITED) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income:   
Loans, including fees: Taxable$ 365,529$ 274,617$ 213,922
Loans, including fees: Tax exempt1,7642,0822,470
Loans held for sale2604041,115
Investment securities:   
Taxable28,65315,80113,898
Tax exempt1,3492,7463,336
Nonmarketable equity securities2,8192,1982,348
Federal funds sold and cash investments3,9223,907728
Total interest income404,296301,755237,817
Interest expense:   
Deposits136,94736,06110,957
Short-term borrowings6810486
Federal Home Loan Bank advances and other borrowings20,7099,3358,443
Subordinated debt5,2667,4958,705
Trust preferred debentures5,2893,0251,951
Total interest expense168,27956,02030,142
Net interest income236,017245,735207,675
Provision for credit losses:   
Provision for credit losses on loans21,13218,7973,950
Provision for credit losses on unfunded commitments01,550(412)
Recapture of other credit losses0(221)(145)
Total provision for credit losses21,13220,1263,393
Net interest income after provision for credit losses214,885225,609204,282
Noninterest income:   
Wealth management revenue25,57225,70826,811
Residential mortgage banking revenue1,9031,5095,526
Service charges on deposit accounts11,99010,2379,242
Interchange revenue14,30213,87914,500
(Loss) gain on sales of investment securities, net(9,372)(230)537
Gain on termination of hedged interest rate swaps017,5312,159
Impairment on commercial mortgage servicing rights0(1,263)(7,532)
Income on company-owned life insurance4,4393,5844,496
Other income17,7568,93614,160
Total noninterest income66,59079,89169,899
Noninterest expense:   
Salaries and employee benefits93,43890,30586,883
Occupancy and equipment15,98614,84214,866
Data processing26,28624,35024,595
FDIC insurance4,7793,3363,346
Professional7,0496,90710,971
Marketing3,1583,3183,239
Communications1,7412,3823,002
Loan expense4,2064,5862,014
Amortization of intangible assets4,7585,4105,855
Other real estate owned3335,1881,277
Loss on mortgage servicing rights held for sale03,250222
FHLB advances prepayment fees008,536
Other expense12,16811,78810,263
Total noninterest expense173,902175,662175,069
Income before income taxes107,573129,83899,112
Income taxes32,11330,81317,795
Net income75,46099,02581,317
Preferred dividends8,9133,1690
Net income available to common shareholders$ 66,547$ 95,856$ 81,317
Per common share data:   
Basic earnings per common share (in dollars per share)$ 2.97$ 4.24$ 3.58
Diluted earnings per common share (in dollars per share)$ 2.97$ 4.23$ 3.57
Weighted average common shares outstanding (in shares)22,115,86922,341,49822,481,389
Weighted average diluted common shares outstanding (in shares)22,124,40222,395,69822,547,353

MSBI Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and due from banks$ 134,212$ 153,345
Federal funds sold8497,286
Cash and cash equivalents135,061160,631
Investment securities available for sale, at fair value915,895768,234
Equity securities, at fair value4,5018,626
Loans6,131,0796,306,467
Allowance for credit losses on loans(68,502)(61,051)
Total loans, net6,062,5776,245,416
Loans held for sale3,8111,286
Premises and equipment, net82,81478,293
Other real estate owned9,1126,729
Nonmarketable equity securities43,42146,201
Accrued interest receivable24,93420,313
Loan servicing rights, at lower of cost or fair value20,2531,205
Commercial FHA mortgage loan servicing rights held for sale020,745
Goodwill161,904161,904
Other intangible assets, net16,10820,866
Company-owned life insurance203,485150,443
Other assets182,992164,609
Total assets7,866,8687,855,501
Deposits:  
Noninterest-bearing demand deposits1,145,3951,362,158
Interest-bearing deposits5,164,1345,002,494
Total deposits6,309,5296,364,652
Short-term borrowings34,86542,311
Federal Home Loan Bank advances and other borrowings476,000460,000
Subordinated debt93,54699,772
Trust preferred debentures50,61649,975
Accrued interest payable and other liabilities110,45980,217
Total liabilities7,075,0157,096,927
Shareholders’ Equity:  
Preferred stock, $2.00 par value; 4,000,000 shares authorized; 115,000 Series A shares, $1,000 per share liquidation preference, issued and outstanding at December 31, 2023 and 2022, respectively110,548110,548
Common stock, $0.01 par value; 40,000,000 shares authorized; 21,551,402 and 22,214,913 shares issued and outstanding at December 31, 2023 and 2022, respectively216222
Capital surplus435,463449,196
Retained earnings322,379282,405
Accumulated other comprehensive loss, net of tax(76,753)(83,797)
Total shareholders’ equity791,853758,574
Total liabilities and shareholders’ equity$ 7,866,868$ 7,855,501
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, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities. In addition, it offers construction and land development loans, such as real estate investment properties and residential developments, and lesser extent loans; and residential real estate loans, which includes first and second mortgage loans, and home equity lines of credit consisting of loans secured by first or second mortgages on primarily owner occupied primary residences. The company also provides consumer installment loans for the purchase of cars, boats and other recreational vehicles, as well as for the purchase of major appliances and other home improvement projects; and commercial equipment leasing programs for manufacturing, construction, transportation, and healthcare industries. Further, it offers deposit products, including checking, savings, money market, and certificates of deposit, as well as sweep accounts; and trust and wealth management services, such as financial and estate planning, trustee and custodial, investment management, tax, insurance, and business planning, corporate retirement plan consulting and administration, and retail brokerage services. The company was founded in 1881 and is headquartered in Effingham, Illinois.
 CEO
 WEBSITEmidlandsb.com
 INDUSTRYBanks Diversified
 EMPLOYEES915

Midland States Bancorp Inc Frequently Asked Questions


What is the ticker symbol for Midland States Bancorp Inc? What does MSBI stand for in stocks?

MSBI is the stock ticker symbol of Midland States Bancorp Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Midland States Bancorp Inc (MSBI)?

As of Wed Apr 24 2024, market cap of Midland States Bancorp Inc is 523.19 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MSBI stock?

You can check MSBI's fair value in chart for subscribers.

What is the fair value of MSBI stock?

You can check MSBI's fair value in chart for subscribers. The fair value of Midland States Bancorp Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Midland States Bancorp Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MSBI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Midland States Bancorp Inc a good stock to buy?

The fair value guage provides a quick view whether MSBI is over valued or under valued. Whether Midland States Bancorp Inc is cheap or expensive depends on the assumptions which impact Midland States Bancorp Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MSBI.

What is Midland States Bancorp Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, MSBI's PE ratio (Price to Earnings) is 6.93 and Price to Sales (PS) ratio is 1.29. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MSBI PE ratio will change depending on the future growth rate expectations of investors.