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

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$25.14 +0.19 (+0.76 %)
(As of 03/18/2019 04:00 PM ET)
Previous Close$24.95
Today's Range$24.82 - $25.20
52-Week Range$19.56 - $36.06
Volume78,300 shs
Average Volume58,542 shs
Market Capitalization$604.62 million
P/E Ratio12.32
Dividend Yield3.89%
Beta1.34
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, Commercial FHA Origination and Servicing, Wealth Management, and Other segments. The company accepts various deposits, such as 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 include commercial lending products consisting of owner occupied commercial real estate, commercial real estate investment, real estate construction, and multifamily loans, as well as loans to purchase farmland and finance agricultural production; business term loans, equipment financing, and lines of credit; consumer installment loans for 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 originates residential mortgage loans; and commercial mortgage loans for multifamily and healthcare facilities. 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 commercial equipment leasing and merchant services. As of December 31, 2018, it operated 69 banking offices in 48 communities within its market areas, such as Illinois and the St. Louis metropolitan areas. The company was founded in 1881 and is headquartered in Effingham, Illinois.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:MSBI
CUSIPN/A
Phone217-342-7321

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$295.36 million
Cash Flow$3.0216 per share
Book Value$25.55 per share

Profitability

Net Income$39.38 million

Miscellaneous

Employees1,100
Market Cap$604.62 million
Next Earnings Date4/25/2019 (Estimated)
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 declared a quarterly dividend on Wednesday, February 6th. Shareholders of record on Friday, February 15th will be paid a dividend of $0.2425 per share on Friday, February 22nd. This represents a $0.97 annualized dividend and a dividend yield of 3.86%. The ex-dividend date of this dividend is Thursday, February 14th. This is a positive change from Midland States Bancorp's previous quarterly dividend of $0.22. View Midland States Bancorp's Dividend History.

How were Midland States Bancorp's earnings last quarter?

Midland States Bancorp Inc (NASDAQ:MSBI) issued its quarterly earnings results on Thursday, January, 24th. The financial services provider reported $0.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.03. The financial services provider had revenue of $69.71 million for the quarter, compared to analyst estimates of $64.50 million. Midland States Bancorp had a return on equity of 9.76% and a net margin of 13.33%. 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, April 25th 2019. View Earnings Estimates for Midland States Bancorp.

What price target have analysts set for MSBI?

1 brokerages have issued twelve-month target prices for Midland States Bancorp's shares. Their forecasts range from $27.00 to $27.00. On average, they expect Midland States Bancorp's stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets for Midland States Bancorp.

What is the consensus analysts' recommendation for Midland States Bancorp?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Midland States Bancorp in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Midland States Bancorp.

Has Midland States Bancorp been receiving favorable news coverage?

Media headlines about MSBI stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Midland States Bancorp earned a daily sentiment score of 1.4 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

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

What other stocks do shareholders of Midland States Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Midland States Bancorp investors own include Alphabet (GOOG), AbbVie (ABBV), Exxon Mobil (XOM), Weyerhaeuser (WY), Home Depot (HD), Netflix (NFLX), Caterpillar (CAT), Ford Motor (F), Alibaba Group (BABA) and Ctrip.Com International (CTRP).

Who are Midland States Bancorp's key executives?

Midland States Bancorp's management team includes the folowing people:
  • Mr. Jeffrey G. Ludwig CPA, Pres, CEO & Director (Age 47)
  • Mr. Douglas J. Tucker, Sr. VP, Corp. Counsel & Sec. (Age 60)
  • Mr. Stephen A. Erickson, Chief Financial Officer (Age 49)
  • Mr. Aaron Rios, Director of Operations
  • Mr. Kyle Mooney, Chief Information Officer

When did Midland States Bancorp IPO?

(MSBI) raised $101 million in an initial public offering (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) acted 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (5.87%), FMR LLC (4.48%), Dimensional Fund Advisors LP (2.36%), Dimensional Fund Advisors LP (2.36%), Bank of America Corp DE (1.28%) and Northern Trust Corp (1.09%). Company insiders that own Midland States Bancorp stock include Deborah A Golden, Douglas J Tucker, Jeffrey A Brunoehler, Jeffrey G Ludwig, Jeffrey M Mcdonnell, Jeffrey S Mefford, John M Schultz, Leon J Holschbach, R Robert Funderburg Jr, R Robert Funderburg, Jr, Robert F Schultz, Sharon A Schaubert and Stephen A Erickson. 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 Bank of New York Mellon Corp, Hennessy Advisors Inc., MetLife Investment Advisors LLC, First Trust Advisors LP and FMR LLC. Company insiders that have sold Midland States Bancorp company stock in the last year include Jeffrey A Brunoehler, John M Schultz, Leon J Holschbach, R Robert Funderburg Jr, R Robert Funderburg, Jr, 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 bought by a variety of institutional investors in the last quarter, including Shoals Capital Management LP, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Quantum Capital Management, BlackRock Inc., Geode Capital Management LLC, Geode Capital Management LLC and Millennium Management LLC. Company insiders that have bought Midland States Bancorp stock in the last two years include Deborah A Golden, Douglas J Tucker, Jeffrey M Mcdonnell, Robert F Schultz and Sharon A Schaubert. 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 $25.14.

How big of a company is Midland States Bancorp?

Midland States Bancorp has a market capitalization of $604.62 million and generates $295.36 million in revenue each year. The financial services provider earns $39.38 million in net income (profit) each year or $2.04 on an earnings per share basis. Midland States Bancorp employs 1,100 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:  124 (Vote Outperform)
Underperform Votes:  218 (Vote Underperform)
Total Votes:  342
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 3/18/2019 by MarketBeat.com Staff

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