NASDAQ · Banks - Regional

Midland States Bancorp, Inc. (MSBI) Stock

$32.98 +0.06% NASDAQ: MSBI Financial Services

Valuation

MetricValue
Price$32.98
Market Cap$684.40M
P/E Ratio20.71
P/B Ratio1.23
P/S Ratio1.55
EPS (TTM)$-6.14
52-Week High$35.10
52-Week Low$14.24
Dividend Yield3.98%

Financials & Margins

MetricValue
ROE7.55%
ROA0.64%
ROCE5.88%
Gross Margin-22.01%
Operating Margin-22.01%
Net Margin9.71%
Debt/Equity0.75
Current Ratio0.26

Annual Financials (USD)

Metric20212022202320242025
Revenue$313.0M$437.0M$508.0M$546.0M$468.0M
Operating Profit$99.0M$131.0M$88.0M$47.0M$-103.0M
Net Profit$81.0M$100.0M$61.0M$38.0M$-124.0M
EPS$3.57$4.23$2.33$1.32$-6.14
Op Margin31.6%30.1%17.3%8.6%-22.1%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$7.4B$7.9B$7.9B$7.5B$6.5B
Total Liabilities$6.8B$7.1B$7.1B$6.8B$5.9B
Cash$673.0M$153.0M$134.0M$114.0M$127.0M
Borrowings$537.0M$644.0M$604.0M$423.0M$380.0M

Latest News

Midland States Bancorp, Inc. to Announce Second Quarter 2026 Financial Results on Thursday, July 23 GlobeNewswire · Jul 9, 2026 What Makes Midland States Bancorp (MSBI) a New Strong Buy Stock Zacks · Jul 9, 2026 Are Investors Undervaluing Midland States Bancorp (MSBI) Right Now? Zacks · Jul 8, 2026 Undervalued Small Caps With Insider Action To Consider In June 2026 Simply Wall St. · Jun 11, 2026 Midland States Bancorp Names Claire Stack as CFO MT Newswires · May 11, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$334.0M$247.0M$155.0M$177.0M$126.0M
Investing Cash Flow$-481.0M$-1.1B$-85.0M$130.0M$744.0M
Financing Cash Flow$998.0M$175.0M$-71.0M$-116.0M$-783.0M
Net Cash Flow$339.0M$-520.0M$-26.0M$-20.0M$13.0M
Free Cash Flow$332.0M$244.0M$146.0M$170.0M$120.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.13
EV / EBITDA—
FCF Yield—
Quick Ratio—
Interest Coverage—
Return 1Y78.07%
Return 3Y60.49%
Return 5Y54.93%

Ownership

Insiders Held8.18%
Institutions Held70.14%
Institutions Float Held76.39%
Institutional HolderSharesReport Date
Blackrock Inc.2,855,6542026-03-31
Vanguard Capital Management LLC901,3922026-03-31
Dimensional Fund Advisors LP890,8002026-03-31
State Street Corporation765,9222026-03-31
Busey Bank759,2862026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
CBNKCapital Bancorp, Inc. $41.29 +0.24% 11.79 $672.63M 1.38%
CIVBCivista Bancshares, Inc. $28.29 +0.50% 10.02 $587.96M 2.66%
EQBKEquity Bancshares, Inc. $48.88 +0.49% 26.81 $1.01B 1.84%
FBIZFirst Business Financial Services, Inc. $72.43 -0.10% 10.70 $606.12M 1.92%
FFBCFirst Financial Bancorp. $32.64 +0.52% 11.10 $3.43B 3.26%

About Midland States Bancorp, Inc.

Midland States Bancorp, Inc. is led by CEO Jeffrey G. Ludwig, employs 907 people, headquartered in US, publicly traded since 2016.

Midland States Bancorp, Inc. (MSBI) stock trades at $32.98 with a market capitalization of $684.40M. The stock is valued at a price-to-earnings (P/E) ratio of 20.71, price-to-book of 1.23, price-to-sales of 1.55. Over the past 52 weeks the stock has ranged between $14.24 and $35.10, and currently trades 6.0% below its 52-week high. It pays a dividend yielding 3.98%.

On profitability, Midland States Bancorp, Inc. generates a return on equity (ROE) of 7.55%, return on capital employed of 5.88%, an operating margin of -22.01%, a net profit margin of 9.71%.

Midland States Bancorp, Inc. by the numbers, 2016–2025

Between 2016 and 2025 Midland States Bancorp, Inc. reported revenue of $191.0M rising to $468.0M, a change of +145.0% across 10 years. Compounded, revenue has grown 8.2% a year over five years, 2.3% over three, -14.3% over the last twelve months. Net profit fell to $-124.0M.

Operating margin went from 26.4% in 2016 to -22.1% in 2025, a fall of 48.4 percentage points. The most recent net margin is 9.71%. On a trailing twelve-month basis to Jun '26, revenue is $443.0M and net profit $43.0M.

Borrowings fell from $424.0M to $380.0M, cash from operations was $126.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 3.3% over five years, and was -21.9% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Midland States Bancorp, Inc. (MSBI) — frequently asked questions

What is Midland States Bancorp, Inc. (MSBI) stock price today?

Midland States Bancorp, Inc. (MSBI) is currently trading at $32.98, up 0.06% today.

What is MSBI P/E ratio?

Midland States Bancorp, Inc.'s P/E ratio is 20.71. This is between 15x and 30x, around the typical market average of roughly 18-22x.

What is MSBI return on equity (ROE)?

Midland States Bancorp, Inc.'s return on equity (ROE) is 7.55%. ROE measures net income relative to shareholders' equity. This is below the typical market range of roughly 12-15%.

What is Midland States Bancorp, Inc.'s market cap?

Midland States Bancorp, Inc. has a market capitalization of $684.40M.

Does MSBI pay a dividend?

Yes. Midland States Bancorp, Inc. currently yields 3.98%. Yield moves with the share price, so it changes daily even when the payment does not.

How much debt does MSBI carry?

Midland States Bancorp, Inc. has a debt-to-equity ratio of 0.75. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is MSBI's profit margin?

Midland States Bancorp, Inc. reports a net profit margin of 9.71% — the share of revenue left after every cost, including tax and interest.

What sector is MSBI in?

Midland States Bancorp, Inc. is classified under Financial Services, in the Banks - Regional industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is MSBI listed on?

Midland States Bancorp, Inc. trades on NASDAQ under the ticker MSBI.

What is MSBI's 52-week range?

Over the last year Midland States Bancorp, Inc. has traded between $14.24 and $35.10.

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Screens MSBI currently matches

On the figures above, Midland States Bancorp, Inc. passes the filters for 9 of our ready-made screens, among them Small Cap Stocks, Stocks Under $100, Stocks Under $50. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

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