MSBI RSI Chart
Last 7 days
6.9%
Last 30 days
0.2%
Last 90 days
-10.8%
Trailing 12 Months
27.0%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 334.5M | 365.8M | 389.8M | 404.3M |
2022 | 240.1M | 250.9M | 272.0M | 301.8M |
2021 | 244.1M | 241.9M | 240.1M | 237.8M |
2020 | 251.4M | 251.3M | 246.6M | 244.9M |
2019 | 236.3M | 238.6M | 246.7M | 249.5M |
2018 | 167.8M | 191.5M | 205.3M | 223.4M |
2017 | 125.1M | 127.5M | 139.6M | 153.1M |
2016 | 118.5M | 119.3M | 121.6M | 121.2M |
2015 | 84.3M | 95.5M | 106.6M | 117.8M |
2014 | 0 | 0 | 0 | 73.1M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 & 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 |
Which funds bought or sold MSBI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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 | -% |
Unveiling Midland States Bancorp Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Midland States Bancorp Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 556.1B | 171.1B | 11.22 | 3.25 | ||||
BAC | 301.8B | 130.3B | 11.38 | 2.32 | ||||
WFC | 216.8B | 85.7B | 11.33 | 2.53 | ||||
C | 119.4B | 133.3B | 12.94 | 0.9 | ||||
CFG | 16.3B | 10.2B | 10.13 | 1.6 | ||||
KEY | 13.9B | 7.9B | 14.42 | 1.76 | ||||
MID-CAP | ||||||||
CMA | 7.0B | 4.2B | 7.96 | 1.68 | ||||
ZION | 6.2B | 3.9B | 9.19 | 1.58 | ||||
ABCB | 3.3B | 1.3B | 12.38 | 2.6 | ||||
ASB | 3.2B | 2.0B | 17.62 | 1.65 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
ALRS | 414.5M | 164.9M | 35.44 | 2.51 | ||||
AROW | 380.2M | 162.6M | 12.64 | 2.34 | ||||
ACNB | 289.0M | 96.6M | 9.12 | 2.99 | ||||
ASRV | 47.3M | 60.9M | -14.14 | 0.78 |
Midland States Bancorp Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 1.1% | 105 | 104 | 100 | 96.00 | 90.00 | 80.00 | 69.00 | 63.00 | 60.00 | 58.00 | 58.00 | 61.00 | 63.00 | 60.00 | 61.00 | 61.00 | 64.00 | 65.00 | 61.00 | 59.00 | 62.00 |
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% | 58.00 | 59.00 | 59.00 | 61.00 | 64.00 | 64.00 | 61.00 | 57.00 | 54.00 | 51.00 | 50.00 | 52.00 | 54.00 | 50.00 | 49.00 | 47.00 | 49.00 | 49.00 | 46.00 | 46.00 | 49.00 |
Income Taxes | -44.2% | 6.00 | 12.00 | 7.00 | 7.00 | 11.00 | 6.00 | 7.00 | 7.00 | 7.00 | 6.00 | -1.08 | 6.00 | 2.00 | 3.00 | 3.00 | 0.00 | 3.00 | 4.00 | 5.00 | 4.00 | 5.00 |
Earnings Before Taxes | -30.6% | 21.00 | 30.00 | 29.00 | 29.00 | 44.00 | 29.00 | 29.00 | 27.00 | 31.00 | 25.00 | 19.00 | 24.00 | 11.00 | 3.00 | 16.00 | 2.00 | 16.00 | 17.00 | 21.00 | 18.00 | 21.00 |
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% | 14.00 | 18.00 | 22.00 | 22.00 | 33.00 | 24.00 | 22.00 | 21.00 | 23.00 | 20.00 | 20.00 | 19.00 | 8.00 | 0.00 | 13.00 | 2.00 | 13.00 | 13.00 | 16.00 | 14.00 | 16.00 |
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 Cashflow | 1962.8% | 86.00 | 4.00 | 43.00 | 13.00 | 29.00 | 50.00 | 115 | 39.00 | 32.00 | 84.00 | 58.00 | 158 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -1.4% | 7,867 | 7,976 | 8,035 | 7,930 | 7,856 | 7,822 | 7,436 | 7,339 | 7,444 | 7,094 | 6,630 | 6,885 | 6,869 | 6,700 | 6,644 | 6,208 | 6,087 | 6,114 | 5,546 | 5,642 | 5,638 |
Cash Equivalents | 2.2% | 135 | 132 | 161 | 138 | 161 | 313 | 270 | 332 | 680 | 663 | 425 | 631 | 342 | 461 | 520 | 449 | 395 | 409 | 245 | 276 | 214 |
Net PPE | 0.1% | 83.00 | 83.00 | 81.00 | 81.00 | 78.00 | 78.00 | 78.00 | 70.00 | 79.00 | 71.00 | 72.00 | 73.00 | 74.00 | 75.00 | 89.00 | 90.00 | 91.00 | 94.00 | 95.00 | 95.00 | 95.00 |
Goodwill | 0% | 162 | 162 | 162 | 162 | 162 | 162 | 162 | 162 | 162 | 162 | 162 | 162 | 162 | 162 | 173 | 173 | 172 | 171 | 165 | 165 | 165 |
Liabilities | -1.9% | 7,075 | 7,212 | 7,258 | 7,155 | 7,097 | 7,083 | 6,800 | 6,694 | 6,780 | 6,436 | 5,982 | 6,249 | 6,247 | 6,078 | 6,011 | 5,577 | 5,425 | 5,458 | 4,906 | 5,018 | 5,029 |
Short Term Borrowings | 93.7% | 35.00 | 18.00 | 22.00 | 31.00 | 42.00 | 59.00 | 68.00 | 60.00 | 77.00 | 67.00 | 76.00 | 72.00 | 69.00 | 59.00 | 77.00 | 44.00 | 82.00 | 122 | 114 | 116 | 124 |
Shareholder's Equity | 3.6% | 792 | 764 | 777 | 776 | 759 | 739 | 636 | 645 | 664 | 658 | 648 | 635 | 621 | 622 | 634 | 631 | 662 | 656 | 640 | 624 | 609 |
Retained Earnings | 1.7% | 322 | 317 | 308 | 295 | 282 | 259 | 242 | 227 | 212 | 196 | 182 | 169 | 156 | 154 | 160 | 154 | 166 | 159 | 152 | 142 | 134 |
Additional Paid-In Capital | -0.5% | 435 | 438 | 443 | 447 | 449 | 448 | 447 | 446 | 446 | 451 | 455 | 454 | 453 | 458 | 463 | 469 | 488 | 488 | 477 | 476 | 474 |
Shares Outstanding | -0.2% | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 23.00 | 23.00 | 23.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 418 | - | - | - | 511 | - | - | - | 567 | - | - | - | 324 | - | - | - | 600 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 1237.7% | 87,355 | 6,530 | 44,745 | 16,008 | 40,993 | 51,595 | 115,400 | 39,077 | 33,345 | 84,440 | 58,278 | 158,375 | 93,287 | 189,291 | 161,966 | 54,603 | 92,549 | 392,556 | 23,550 | 29,998 | 31,159 |
Cashflow From Investing | 61.4% | 67,769 | 41,993 | -87,430 | -98,412 | -197,916 | -389,522 | -200,680 | -310,769 | -393,306 | -231,516 | 1,443 | 144,884 | -369,704 | -303,990 | -505,284 | -133,455 | -75,409 | -408,737 | 63,893 | 55,465 | 46,983 |
Cashflow From Financing | -97.4% | -152,195 | -77,086 | 65,070 | 60,083 | 4,366 | 380,998 | 23,133 | -76,415 | 377,689 | 384,619 | -265,840 | -13,680 | 156,861 | 56,027 | 413,790 | 133,743 | -31,981 | 180,112 | -118,508 | -22,683 | -106,875 |
Dividend Payments | -0.5% | 6,565 | 6,600 | 6,659 | 6,749 | 6,519 | 6,470 | 6,470 | 6,464 | 6,245 | 6,299 | 6,327 | 6,301 | 6,032 | 6,111 | 6,240 | 6,575 | 5,974 | 5,962 | 5,840 | 5,823 | 5,266 |
Buy Backs | -52.6% | 2,873 | 6,058 | 6,166 | 2,801 | - | - | - | 1,109 | 5,244 | 5,240 | - | 1,208 | 6,885 | 5,011 | 7,157 | 20,562 | 2,187 | 1,832 | - | - | - |
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 exempt | 1,764 | 2,082 | 2,470 |
Loans held for sale | 260 | 404 | 1,115 |
Investment securities: | |||
Taxable | 28,653 | 15,801 | 13,898 |
Tax exempt | 1,349 | 2,746 | 3,336 |
Nonmarketable equity securities | 2,819 | 2,198 | 2,348 |
Federal funds sold and cash investments | 3,922 | 3,907 | 728 |
Total interest income | 404,296 | 301,755 | 237,817 |
Interest expense: | |||
Deposits | 136,947 | 36,061 | 10,957 |
Short-term borrowings | 68 | 104 | 86 |
Federal Home Loan Bank advances and other borrowings | 20,709 | 9,335 | 8,443 |
Subordinated debt | 5,266 | 7,495 | 8,705 |
Trust preferred debentures | 5,289 | 3,025 | 1,951 |
Total interest expense | 168,279 | 56,020 | 30,142 |
Net interest income | 236,017 | 245,735 | 207,675 |
Provision for credit losses: | |||
Provision for credit losses on loans | 21,132 | 18,797 | 3,950 |
Provision for credit losses on unfunded commitments | 0 | 1,550 | (412) |
Recapture of other credit losses | 0 | (221) | (145) |
Total provision for credit losses | 21,132 | 20,126 | 3,393 |
Net interest income after provision for credit losses | 214,885 | 225,609 | 204,282 |
Noninterest income: | |||
Wealth management revenue | 25,572 | 25,708 | 26,811 |
Residential mortgage banking revenue | 1,903 | 1,509 | 5,526 |
Service charges on deposit accounts | 11,990 | 10,237 | 9,242 |
Interchange revenue | 14,302 | 13,879 | 14,500 |
(Loss) gain on sales of investment securities, net | (9,372) | (230) | 537 |
Gain on termination of hedged interest rate swaps | 0 | 17,531 | 2,159 |
Impairment on commercial mortgage servicing rights | 0 | (1,263) | (7,532) |
Income on company-owned life insurance | 4,439 | 3,584 | 4,496 |
Other income | 17,756 | 8,936 | 14,160 |
Total noninterest income | 66,590 | 79,891 | 69,899 |
Noninterest expense: | |||
Salaries and employee benefits | 93,438 | 90,305 | 86,883 |
Occupancy and equipment | 15,986 | 14,842 | 14,866 |
Data processing | 26,286 | 24,350 | 24,595 |
FDIC insurance | 4,779 | 3,336 | 3,346 |
Professional | 7,049 | 6,907 | 10,971 |
Marketing | 3,158 | 3,318 | 3,239 |
Communications | 1,741 | 2,382 | 3,002 |
Loan expense | 4,206 | 4,586 | 2,014 |
Amortization of intangible assets | 4,758 | 5,410 | 5,855 |
Other real estate owned | 333 | 5,188 | 1,277 |
Loss on mortgage servicing rights held for sale | 0 | 3,250 | 222 |
FHLB advances prepayment fees | 0 | 0 | 8,536 |
Other expense | 12,168 | 11,788 | 10,263 |
Total noninterest expense | 173,902 | 175,662 | 175,069 |
Income before income taxes | 107,573 | 129,838 | 99,112 |
Income taxes | 32,113 | 30,813 | 17,795 |
Net income | 75,460 | 99,025 | 81,317 |
Preferred dividends | 8,913 | 3,169 | 0 |
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) | 22,115,869 | 22,341,498 | 22,481,389 |
Weighted average diluted common shares outstanding (in shares) | 22,124,402 | 22,395,698 | 22,547,353 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash and due from banks | $ 134,212 | $ 153,345 |
Federal funds sold | 849 | 7,286 |
Cash and cash equivalents | 135,061 | 160,631 |
Investment securities available for sale, at fair value | 915,895 | 768,234 |
Equity securities, at fair value | 4,501 | 8,626 |
Loans | 6,131,079 | 6,306,467 |
Allowance for credit losses on loans | (68,502) | (61,051) |
Total loans, net | 6,062,577 | 6,245,416 |
Loans held for sale | 3,811 | 1,286 |
Premises and equipment, net | 82,814 | 78,293 |
Other real estate owned | 9,112 | 6,729 |
Nonmarketable equity securities | 43,421 | 46,201 |
Accrued interest receivable | 24,934 | 20,313 |
Loan servicing rights, at lower of cost or fair value | 20,253 | 1,205 |
Commercial FHA mortgage loan servicing rights held for sale | 0 | 20,745 |
Goodwill | 161,904 | 161,904 |
Other intangible assets, net | 16,108 | 20,866 |
Company-owned life insurance | 203,485 | 150,443 |
Other assets | 182,992 | 164,609 |
Total assets | 7,866,868 | 7,855,501 |
Deposits: | ||
Noninterest-bearing demand deposits | 1,145,395 | 1,362,158 |
Interest-bearing deposits | 5,164,134 | 5,002,494 |
Total deposits | 6,309,529 | 6,364,652 |
Short-term borrowings | 34,865 | 42,311 |
Federal Home Loan Bank advances and other borrowings | 476,000 | 460,000 |
Subordinated debt | 93,546 | 99,772 |
Trust preferred debentures | 50,616 | 49,975 |
Accrued interest payable and other liabilities | 110,459 | 80,217 |
Total liabilities | 7,075,015 | 7,096,927 |
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, respectively | 110,548 | 110,548 |
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, respectively | 216 | 222 |
Capital surplus | 435,463 | 449,196 |
Retained earnings | 322,379 | 282,405 |
Accumulated other comprehensive loss, net of tax | (76,753) | (83,797) |
Total shareholders’ equity | 791,853 | 758,574 |
Total liabilities and shareholders’ equity | $ 7,866,868 | $ 7,855,501 |