DA Davidson Has Bearish Estimate for MSBI Q2 Earnings

Midland States Bancorp, Inc. (NASDAQ:MSBI - Free Report) - Investment analysts at DA Davidson dropped their Q2 2025 earnings per share estimates for Midland States Bancorp in a research report issued to clients and investors on Friday, June 27th. DA Davidson analyst J. Rulis now forecasts that the financial services provider will post earnings per share of $0.55 for the quarter, down from their prior 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 earnings results on Wednesday, April 30th. The financial services provider reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.05. The business had revenue of $76.16 million for the quarter, compared to analyst estimates 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 topic of a number of other reports. Wall Street Zen downgraded shares of Midland States Bancorp from a "buy" rating to a "hold" rating in a research report on Tuesday, May 20th. Keefe, Bruyette & Woods decreased their price objective on shares of 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.

Midland States Bancorp Stock Up 1.7%

Midland States Bancorp stock traded up $0.31 during mid-day trading on Monday, hitting $18.70. The company had a trading volume of 123,449 shares, compared to its average volume of 112,065. Midland States Bancorp has a 1 year low of $14.79 and a 1 year high of $28.08. The business has a fifty day moving average of $17.24 and a 200 day moving average of $19.04. The stock has a market cap of $400.18 million, a price-to-earnings ratio of -18.51 and a beta of 0.74.

Midland States Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, May 16th were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 6.63%. The ex-dividend date was Friday, May 16th. Midland States Bancorp's dividend payout ratio is currently -122.77%.

Hedge Funds Weigh In On Midland States Bancorp

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

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.