NASDAQ:MSBI - Midland States Bancorp Stock Price, News, & Analysis

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$25.82 -0.60 (-2.27 %)
(As of 11/14/2018 04:00 PM ET)
Previous Close$26.42
Today's Range$25.63 - $26.79
52-Week Range$23.27 - $36.06
Volume42,000 shs
Average Volume77,593 shs
Market Capitalization$626.28 million
P/E Ratio12.97
Dividend Yield3.33%
Beta1.36
Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides banking and financial products and services to individuals, businesses, municipalities, and other entities. The company's deposit products include checking, savings, money market, and sweep accounts, as well as certificates of deposits, noninterest-bearing and interest-bearing demand deposits, and time deposits. Its loan portfolio comprises commercial lending products consisting of owner occupied commercial real estate loans, commercial real estate investment loans, real estate construction loans, multifamily loans, and loans to purchase farmland and finance agricultural production; commercial loans, such as business term loans, equipment financing, and lines of credit; consumer installment loans, including loans to purchase cars, boats, other recreational vehicles, and appliances, as well as other home improvement projects; and residential first and second mortgage loans, and home equity lines of credit. The company also engages in the origination of residential first-and second-lien mortgage loans for sale in the secondary market. In addition, it provides 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. Further, the company offers merchant services; and commercial equipment leasing services, as well as originates commercial mortgage loans for multifamily and healthcare facilities. As of December 31, 2017, it operated 61 banking offices in 43 communities within its market areas, such as Illinois, and the St. Louis and Denver metropolitan areas. The company was founded in 1881 and is headquartered in Effingham, Illinois.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:MSBI
Previous Symbol
CUSIPN/A
Phone217-342-7321

Debt

Debt-to-Equity Ratio1.34
Current Ratio1.03
Quick Ratio1.03

Price-To-Earnings

Trailing P/E Ratio12.97
Forward P/E Ratio10.54
P/E Growth1.54

Sales & Book Value

Annual Sales$212.48 million
Price / Sales2.88
Cash Flow$2.6952 per share
Price / Cash9.58
Book Value$24.94 per share
Price / Book1.04

Profitability

EPS (Most Recent Fiscal Year)$1.99
Net Income$16.05 million
Net Margins9.27%
Return on Equity9.01%
Return on Assets0.92%

Miscellaneous

Employees840
Outstanding Shares23,700,000
Market Cap$626.28 million
OptionableNot Optionable

Midland States Bancorp (NASDAQ:MSBI) Frequently Asked Questions

What is Midland States Bancorp's stock symbol?

Midland States Bancorp trades on the NASDAQ under the ticker symbol "MSBI."

How often does Midland States Bancorp pay dividends? What is the dividend yield for Midland States Bancorp?

Midland States Bancorp announced a quarterly dividend on Friday, November 9th. Stockholders of record on Monday, November 19th will be paid a dividend of $0.22 per share on Monday, November 26th. This represents a $0.88 annualized dividend and a dividend yield of 3.41%. The ex-dividend date of this dividend is Friday, November 16th. View Midland States Bancorp's Dividend History.

How were Midland States Bancorp's earnings last quarter?

Midland States Bancorp Inc (NASDAQ:MSBI) issued its earnings results on Friday, October, 26th. The financial services provider reported $0.64 EPS for the quarter, topping the Zacks' consensus estimate of $0.61 by $0.03. The financial services provider had revenue of $63.35 million for the quarter, compared to analyst estimates of $66.90 million. Midland States Bancorp had a net margin of 9.27% and a return on equity of 9.01%. View Midland States Bancorp's Earnings History.

When is Midland States Bancorp's next earnings date?

Midland States Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for Midland States Bancorp.

Has Midland States Bancorp been receiving favorable news coverage?

News coverage about MSBI stock has trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Midland States Bancorp earned a coverage optimism score of 1.1 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company's share price in the next few days.

Who are some of Midland States Bancorp's key competitors?

Who are Midland States Bancorp's key executives?

Midland States Bancorp's management team includes the folowing people:
  • Mr. Leon J. Holschbach, Vice Chairman & CEO (Age 65)
  • Mr. Jeffrey G. Ludwig CPA, Pres (Age 46)
  • Mr. Douglas J. Tucker, Sr. VP, Corp. Counsel & Sec. (Age 59)
  • Mr. Stephen A. Erickson, Chief Financial Officer (Age 48)
  • Mr. Aaron Rios, Director of Operations

When did Midland States Bancorp IPO?

(MSBI) raised $101 million in an IPO on Tuesday, May 24th 2016. The company issued 3,900,000 shares at a price of $25.00-$27.00 per share. Sandler O'Neill + Partners and Keefe, Bruyette & Woods (A Stifel Company) served as the underwriters for the IPO and D. A. Davidson and Stephens were co-managers.

Who are Midland States Bancorp's major shareholders?

Midland States Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.72%), FMR LLC (4.49%), Bank of New York Mellon Corp (2.00%), Dimensional Fund Advisors LP (1.88%), Wells Fargo & Company MN (0.81%) and Pacific Ridge Capital Partners LLC (0.75%). Company insiders that own Midland States Bancorp stock include Deborah A Golden, Douglas J Tucker, James Randall Stewart, Jeffrey A Brunoehler, Jeffrey G Ludwig, Jeffrey S Mefford, John M Schultz, Leon J Holschbach, R Robert Funderburg, Jr, Robert F Schultz, Sharon A Schaubert, Stephen A Erickson and Thomas D Shaw. View Institutional Ownership Trends for Midland States Bancorp.

Which major investors are selling Midland States Bancorp stock?

MSBI stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Hennessy Advisors Inc., Wells Fargo & Company MN, Quantum Capital Management, Russell Investments Group Ltd., Pacific Ridge Capital Partners LLC, Cambridge Investment Research Advisors Inc. and Monarch Partners Asset Management LLC. Company insiders that have sold Midland States Bancorp company stock in the last year include Jeffrey A Brunoehler, Jeffrey G Ludwig, Jeffrey S Mefford, John M Schultz, Leon J Holschbach, R Robert Funderburg, Jr, Robert F Schultz, Sharon A Schaubert and Stephen A Erickson. View Insider Buying and Selling for Midland States Bancorp.

Which major investors are buying Midland States Bancorp stock?

MSBI stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, BlackRock Inc., First Trust Advisors LP, Associated Banc Corp, Swiss National Bank, Bank of New York Mellon Corp, Credit Suisse AG and FMR LLC. Company insiders that have bought Midland States Bancorp stock in the last two years include Deborah A Golden, Robert F Schultz, Sharon A Schaubert and Thomas D Shaw. View Insider Buying and Selling for Midland States Bancorp.

How do I buy shares of Midland States Bancorp?

Shares of MSBI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Midland States Bancorp's stock price today?

One share of MSBI stock can currently be purchased for approximately $25.82.

How big of a company is Midland States Bancorp?

Midland States Bancorp has a market capitalization of $626.28 million and generates $212.48 million in revenue each year. The financial services provider earns $16.05 million in net income (profit) each year or $1.99 on an earnings per share basis. Midland States Bancorp employs 840 workers across the globe.

What is Midland States Bancorp's official website?

The official website for Midland States Bancorp is http://www.midlandsb.com.

How can I contact Midland States Bancorp?

Midland States Bancorp's mailing address is 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL, 62401. The financial services provider can be reached via phone at 217-342-7321 or via email at [email protected]


MarketBeat Community Rating for Midland States Bancorp (NASDAQ MSBI)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  117 (Vote Outperform)
Underperform Votes:  200 (Vote Underperform)
Total Votes:  317
MarketBeat's community ratings are surveys of what our community members think about Midland States Bancorp and other stocks. Vote "Outperform" if you believe MSBI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MSBI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/14/2018 by MarketBeat.com Staff

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