DA Davidson Analysts Decrease Earnings Estimates for MSBI

Midland States Bancorp, Inc. (NASDAQ:MSBI - Free Report) - DA Davidson cut their Q2 2025 earnings per share estimates for shares of Midland States Bancorp in a report issued on Friday, June 27th. DA Davidson analyst J. Rulis now forecasts that the financial services provider will post earnings of $0.55 per share for the quarter, down from their previous forecast of $0.57. The consensus estimate for Midland States Bancorp's current full-year earnings is $2.53 per share. DA Davidson also issued estimates for Midland States Bancorp's FY2026 earnings at $2.24 EPS.

Midland States Bancorp (NASDAQ:MSBI - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.05. The firm had revenue of $76.16 million for the quarter, compared to analysts' expectations of $72.93 million. Midland States Bancorp had a negative return on equity of 1.81% and a negative net margin of 2.59%.

MSBI has been the subject of a number of other reports. Keefe, Bruyette & Woods cut their target price on Midland States Bancorp from $21.00 to $20.00 and set a "market perform" rating for the company in a research note on Friday, May 2nd. Wall Street Zen downgraded Midland States Bancorp from a "buy" rating to a "hold" rating in a research note on Tuesday, May 20th.

Midland States Bancorp Stock Performance

Shares of MSBI stock opened at $17.77 on Monday. The company has a market cap of $380.28 million, a price-to-earnings ratio of -17.59 and a beta of 0.75. The stock has a 50 day simple moving average of $17.15 and a 200-day simple moving average of $19.12. Midland States Bancorp has a 12-month low of $14.79 and a 12-month high of $28.08. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.79.

Midland States Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Friday, May 16th were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 6.98%. The ex-dividend date of this dividend was Friday, May 16th. Midland States Bancorp's dividend payout ratio is currently -122.77%.

Institutional Investors Weigh In On Midland States Bancorp

Institutional investors and hedge funds have recently modified their holdings of the company. Amundi grew its holdings in shares of Midland States Bancorp by 39.4% in the 1st quarter. Amundi now owns 2,194 shares of the financial services provider's stock worth $38,000 after acquiring an additional 620 shares during the period. Aquatic Capital Management LLC grew its holdings in Midland States Bancorp by 141.9% during the 4th quarter. Aquatic Capital Management LLC now owns 3,387 shares of the financial services provider's stock valued at $83,000 after buying an additional 1,987 shares during the last quarter. Quantbot Technologies LP grew its holdings in Midland States Bancorp by 162.5% during the 1st quarter. Quantbot Technologies LP now owns 5,585 shares of the financial services provider's stock valued at $96,000 after buying an additional 3,457 shares during the last quarter. Point72 Asset Management L.P. grew its holdings in Midland States Bancorp by 136.9% during the 4th quarter. Point72 Asset Management L.P. now owns 4,730 shares of the financial services provider's stock valued at $115,000 after buying an additional 2,733 shares during the last quarter. Finally, CWM LLC grew its holdings in Midland States Bancorp by 162.5% during the 1st quarter. CWM LLC now owns 7,416 shares of the financial services provider's stock valued at $127,000 after buying an additional 4,591 shares during the last quarter. Institutional investors and hedge funds own 60.93% of the company's stock.

Midland States Bancorp Company Profile

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.

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