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

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$23.54 -0.26 (-1.09 %)

(As of 01/18/2019 08:28 AM ET)

Previous Close$23.80

Today's Range$23.3176 - $23.75

52-Week Range$19.56 - $36.06

Volume66,701 shs

Average Volume74,705 shs

Market Capitalization$564.17 million

P/E Ratio11.83

Dividend Yield3.70%

Beta1.38

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

Webwww.midlandsb.com

Phone217-342-7321

Debt

Debt-to-Equity Ratio1.34

Current Ratio1.03

Quick Ratio1.03

Price-To-Earnings

Trailing P/E Ratio11.83

Forward P/E Ratio9.81

P/E Growth1.28

Sales & Book Value

Annual Sales$212.48 million

Price / Sales2.63

Cash Flow$2.7277 per share

Price / Cash Flow8.63

Book Value$23.35 per share

Price / Book1.01

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$564.17 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 declared 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 dividend on an annualized basis and a dividend yield of 3.74%. 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) posted its quarterly earnings data on Friday, October, 26th. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, beating 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 the consensus estimate 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.

What price target have analysts set for MSBI?

1 brokerages have issued 12-month price objectives for Midland States Bancorp's shares. Their forecasts range from $27.00 to $27.00. On average, they anticipate Midland States Bancorp's share price to reach $27.00 in the next year. This suggests a possible upside of 14.7% 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?

News articles about MSBI stock have been trending somewhat positive this week, InfoTrie reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Midland States Bancorp earned a news impact score of 0.7 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days.

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

Some companies that are related to Midland States Bancorp include Union Bankshares (UBSH), First Bancorp (FBP), Independent Bank (INDB), Renasant (RNST), Great Western Bancorp (GWB), United Community Banks (UCBI), TowneBank (TOWN), Eagle Bancorp (EGBN), ServisFirst Bancshares (SFBS), Hilltop (HTH), Banner (BANR), Pacific Premier Bancorp (PPBI), Ameris Bancorp (ABCB), Heartland Financial USA (HTLF) and Independent Bank Group (IBTX).

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 66)
Mr. Jeffrey G. Ludwig CPA, Pres (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

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 number of of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.27%). 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, 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 Hennessy Advisors Inc.. 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, Sharon A Schaubert and Stephen A Erickson. 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 $23.54.

How big of a company is Midland States Bancorp?

Midland States Bancorp has a market capitalization of $564.17 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 ()
Outperform Votes:		122 (Vote Outperform)
Underperform Votes:		209 (Vote Underperform)
Total Votes:		331

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 1/18/2019 by MarketBeat.com Staff