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Midland States Bancorp Inc

MSBI

NASDAQ

Banking

$33.62

USD

-0.48 (-1.41%)

At close: Jul 29, 2026, 4:00 PM EDT

Market Cap $699.42M

Volume 254.6K

Price (USD)
Price (USD)

About Midland States Bancorp Inc

Midland States Bancorp, Inc. is a bank holding company, which engages in the provision of commercial and consumer banking products and services. The company is headquartered in Effingham, Illinois and currently employs 861 full-time employees. The company went IPO on 2016-05-24. The Company’s segments include Banking, Wealth Management, and Other. The Banking segment provides a range of financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products; mortgage loan sales and servicing; letters of credit; various types of deposit products, including checking, savings and time deposit accounts; merchant services; and corporate treasury management services. The Wealth Management segment operates under the name Midland Wealth Management, which consists of 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 through a nationally recognized third-party broker dealer.

CEO

Mr. Jeffrey Ludwig

HQ

Effingham, ILLINOIS, US

Founded

2016

Employees

861

Quantli Score

8.4

Outperform

Fin. Health

8.1

Profitability

7.6

Growth

9.0

Cash-Flow Q.

8.8

Key Metrics

6 metrics our research team weighs before forming a view on MSBI.

Based on Quantli research · SEC filings · as of Q1 2026

METRIC

VALUE

CHANGE

TREND (3Y)

Revenue Growth (TTM)

-13.3%

-8.8 pp

Gross Margin (TTM)

70.3%

+4.7 pp

Operating Margin (TTM)

10.1%

+32.3 pp

Net Margin (TTM)

7.5%

+30.8 pp

ROE (TTM)

6.3%

+28.3 pp

Free Cash Flow (TTM)

$114.02M

-24.0%

Financial Snapshot

Full Financials

Revenue

$467.07M

-13.3%

YoY

Gross Margin

70%

TTM

+7.1%

YoY

Net Income

$35.16M

+128.0%

YoY

Operating Cash Flow

$117.95M

-25.4%

YoY

Key Statistics

Open

$33.82

Previous Close

$34.10

Day Range

$33.35 - $34.11

52 Week Range

$14.24 - $34.36

Volume

254.6K

Average Volume (10 Days)

210.0K

Market Cap

$699.42M

P/E Ratio (TTM)

19.89

P/S Ratio (TTM)

1.50

Dividend Yield

5.25%

Valuation Measurement

Market Cap

$699.42M

Trailing P/E

19.89

Price / Sales

1.50

Price / Book

1.25

Financial Highlights

Profit Margin

7.5%

Return on Assets

0.5%

Return on Equity

6.3%

Revenue (TTM)

$467.07M

Net Income (TTM)

$35.16M

Diluted EPS (TTM)

$1.18

Total Cash (MRQ)

$113.02M

Levered FCF (TTM)

$114.02M

Turn research into action

Knowing a stock is strong is the start. Knowing how to invest in it when you spot good research is good returns.

Trend Following

Enter on trend. Cut losses fast.

Best for:

Active traders

Position Strategy

Ride market cycles. Patient hold.

Best for:

Patient investors

Swing Strategy

Buy support, sell on recovery.

Best for:

Risk-tolerant

Go deeper on MSBI

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Analyst Consensus

Hold

Based on 1 analyst ratings

Avg Target: $32.00

(-4.8% upside)

High: $32.00 · Low: $32.00

Strong Buy

0%

Buy

0%

Hold

100%

Sell

0%

Strong Sell

0%

View full analyst ratings