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 deposit, noninterest-bearing and interest-bearing demand deposits, and time deposits.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Phone217-342-7321
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$324.80 million
Profitability
Miscellaneous
Employees1,100
Next Earnings Date4/23/2020 (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 announced a quarterly dividend on Tuesday, February 4th. Investors of record on Friday, February 14th will be given a dividend of $0.268 per share on Friday, February 21st. This represents a $1.07 dividend on an annualized basis and a dividend yield of 4.43%. The ex-dividend date of this dividend is Thursday, February 13th. This is an increase from Midland States Bancorp's previous quarterly dividend of $0.24. View Midland States Bancorp's Dividend History.
How were Midland States Bancorp's earnings last quarter?
Midland States Bancorp Inc (NASDAQ:MSBI) announced its quarterly earnings results on Thursday, January, 23rd. The financial services provider reported $0.51 EPS for the quarter, missing analysts' consensus estimates of $0.59 by $0.08. The financial services provider earned $67.70 million during the quarter. Midland States Bancorp had a return on equity of 9.32% and a net margin of 17.16%. View Midland States Bancorp's Earnings History.
When is Midland States Bancorp's next earnings date?
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 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Midland States Bancorp.
Has Midland States Bancorp been receiving favorable news coverage?
Headlines about MSBI stock have trended extremely negative on Friday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Midland States Bancorp earned a media sentiment score of -4.4 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Midland States Bancorp.
Are investors shorting Midland States Bancorp?
Midland States Bancorp saw a increase in short interest in February. As of February 14th, there was short interest totalling 249,800 shares, an increase of 131.3% from the January 30th total of 108,000 shares. Based on an average trading volume of 62,200 shares, the days-to-cover ratio is currently 4.0 days. Approximately 1.1% of the company's stock are sold short. View Midland States Bancorp's Current Options Chain.
Who are some of Midland States Bancorp's key competitors?
Some companies that are related to Midland States Bancorp include Independent Bank (INDB), First Interstate Bancsystem (FIBK), Independent Bank Group (IBTX), ServisFirst Bancshares (SFBS), United Community Banks (UCBI), Hilltop (HTH), TowneBank (TOWN), Banner (BANR), Heartland Financial USA (HTLF), First Bancorp (FBP), Pacific Premier Bancorp (PPBI), Renasant (RNST), Great Western Bancorp (GWB), Eagle Bancorp (EGBN) and Veritex (VBTX).
What other stocks do shareholders of Midland States Bancorp own?
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. Stephen A. Erickson, Chief Financial Officer (Age 49)
- Mr. Douglas J. Tucker, Sr. VP, Corp. Counsel & Sec. (Age 60)
- Mr. Jeffrey S. Mefford, Exec. VP (Age 54)
- 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 $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 retail and institutional investors. Top institutional shareholders include FMR LLC (3.57%), State Street Corp (2.16%), Endeavour Capital Advisors Inc. (2.12%), Geode Capital Management LLC (1.20%), Bank of America Corp DE (1.10%) and Hotchkis & Wiley Capital Management LLC (1.02%). Company insiders that own Midland States Bancorp stock include Douglas J Tucker, Jeffrey A Brunoehler, Jeffrey G Ludwig, Jeffrey M Mcdonnell, Jerry L Mcdaniel, 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 Endeavour Capital Advisors Inc., Burt Wealth Advisors, LSV Asset Management, FMR LLC, New York State Common Retirement Fund, Associated Banc Corp, First Trust Advisors LP and Sei Investments Co.. Company insiders that have sold Midland States Bancorp company stock in the last year include Douglas J Tucker, Jeffrey A Brunoehler, Jerry L Mcdaniel, Leon J Holschbach, R Robert Funderburg, Jr 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 purchased by a variety of institutional investors in the last quarter, including Prudential Financial Inc., AQR Capital Management LLC, Bank of New York Mellon Corp, Hotchkis & Wiley Capital Management LLC, State Street Corp, California Public Employees Retirement System, Trexquant Investment LP and Pacific Ridge Capital Partners LLC. Company insiders that have bought Midland States Bancorp stock in the last two years include 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, Robinhood, Fidelity and Charles Schwab.
What is Midland States Bancorp's stock price today?
One share of MSBI stock can currently be purchased for approximately $24.22.
How big of a company is Midland States Bancorp?
Midland States Bancorp has a market capitalization of $587.82 million and generates $324.80 million in revenue each year. The financial services provider earns $55.78 million in net income (profit) each year or $2.26 on an earnings per share basis. Midland States Bancorp employs 1,100 workers across the globe.View Additional Information About Midland States Bancorp.
What is Midland States Bancorp's official website?
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)
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.
