Midland States Bancorp, Inc. is a diversified financial holding company. The Company's banking subsidiary is Midland States Bank (the Bank). The Company's principal business activity has been lending to and accepting deposits from individuals, businesses, municipalities and other entities. The Company's segments include Banking, which provides a range of financial products and services to consumers and businesses, including loan products; commercial equipment leasing; mortgage loan sales and servicing; letters of credit; various types of deposit products, including checking, savings and time deposit accounts; merchant services, and corporate treasury management services; Commercial Federal Housing Administration (FHA) Origination and Servicing, which provides for the origination and servicing of government sponsored mortgages for multifamily and healthcare facilities, and Other, which includes the operating results of the Company and its wealth management business unit.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Commercial Banks
- Sub-Industry: N/A
- Symbol: NASDAQ:MSBI
- CUSIP: N/A
- Web: www.midlandsb.com
Capitalization:- Market Cap: $527.51 million
- Outstanding Shares: 19,195,000
Average Prices:- 50 Day Moving Avg: $34.05
- 200 Day Moving Avg: $34.11
- 52 Week Range: $22.00 - $37.58
P/E:- Trailing P/E Ratio: 15.10
- Foreward P/E Ratio: 13.03
- P/E Growth: 2.10
Sales & Book Value:- Annual Revenue: $178.36 million
- Price / Sales: 3.65
- Book Value: $21.19 per share
- Price / Book: 1.60
Dividend:- Annual Dividend: $0.80
- Dividend Yield: 2.4%
Profitability:- Net Margins: 17.38%
- Return on Equity: 11.08%
- Return on Assets: 1.11%
Debt:- Debt-to-Equity Ratio: 1.02%
- Current Ratio: 1.02%
- Quick Ratio: 1.01%
Misc:- Average Volume: 87,471 shs.
- Beta: 2.49
- Short Ratio: 4.28
Frequently Asked Questions for Midland States Bancorp (NASDAQ:MSBI)
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 Wednesday, May 3rd. Shareholders of record on Friday, May 12th will be paid a dividend of $0.20 per share on Friday, May 19th. This represents a $0.80 annualized dividend and a yield of 2.36%. The ex-dividend date of this dividend is Wednesday, May 10th. View Midland States Bancorp's Dividend History.
How were Midland States Bancorp's earnings last quarter?
Midland States Bancorp, Inc. (NASDAQ:MSBI) released its quarterly earnings results on Thursday, April, 27th. The company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.01. The company had revenue of $43.79 million for the quarter, compared to analyst estimates of $45.50 million. Midland States Bancorp had a net margin of 17.38% and a return on equity of 11.08%. View Midland States Bancorp's Earnings History.
Where is Midland States Bancorp's stock going? Where will Midland States Bancorp's stock price be in 2017?
1 equities research analysts have issued 12-month price targets for Midland States Bancorp's shares. Their forecasts range from $37.00 to $37.00. On average, they anticipate Midland States Bancorp's share price to reach $37.00 in the next year. View Analyst Ratings for Midland States Bancorp.
Who are some of Midland States Bancorp's key competitors?
Some companies that are related to Midland States Bancorp include CPB (CPF), Enterprise Financial Services Corporation (EFSC), Lakeland Bancorp (LBAI), OceanFirst Financial Corp. (OCFC), Washington Trust Bancorp (WASH), Opus Bank (OPB), Stock Yards Bancorp (SYBT), TriCo Bancshares (TCBK), German American Bancorp (GABC), Univest Corporation of Pennsylvania (UVSP), Heritage Financial Corporation (HFWA), Dime Community Bancshares (DCOM), Green Bancorp (GNBC), Live Oak Bancshares (LOB), Great Southern Bancorp (GSBC), Stonegate Bank (SGBK), TriState Capital Holdings (TSC) and QCR Holdings (QCRH).
Who are Midland States Bancorp's key executives?
Midland States Bancorp's management team includes the folowing people:
- John M. Schultz, Chairman of the Board of the Company and the Bank
- Leon J. Holschbach, Director, Vice Chairman of the Board, President, Chief Executive Officer of the Company and Vice Chairman Chief Executive Office of the Bank
- Kevin L. Thompson CPA, Chief Financial Officer of the Company and Midland States Bank
- Jeffrey G. Ludwig, Executive Vice President of the Company and President of the Midland States Bank
- Douglas J. Tucker, Senior Vice President and Corporate Counsel of the Company and the Bank
- Jeffrey A. Brunoehler, Senior Vice President, Chief Credit Officer of the Bank
- Jeffrey S. Mefford, Executive Vice President of Banking of the Bank
- Sharon A. Schaubert, Senior Vice President - Banking Services of the Bank
- James R. Stewart CPA, Chief Risk Officer of the Bank
- Laurence A. Schiffer, Director
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) served as the underwriters for the IPO and D. A. Davidson and Stephens were co-managers.
Who owns Midland States Bancorp stock?
Midland States Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (0.13%). Company insiders that own Midland States Bancorp stock include Douglas J Tucker, James Randall Stewart, Jeffrey G Ludwig, Jeffrey S Mefford, John M Schultz, Lawrence A Schiffer, Leon J Holschbach and Thomas D Shaw. View Institutional Ownership Trends for Midland States Bancorp.
Who bought Midland States Bancorp stock? Who is buying Midland States Bancorp stock?
Midland States Bancorp's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd.. Company insiders that have bought Midland States Bancorp stock in the last two years include Jeffrey G Ludwig and Thomas D Shaw. View Insider Buying and Selling for Midland States Bancorp.
How do I buy Midland States Bancorp stock?
Shares of Midland States Bancorp can be purchased through any online brokerage account. Popular online brokerages 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 Midland States Bancorp stock can currently be purchased for approximately $33.88.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Midland States Bancorp (NASDAQ:MSBI) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $37.00 (9.21% upside) |
Analysts' Ratings History for Midland States Bancorp (NASDAQ:MSBI)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/12/2017 | Keefe, Bruyette & Woods | Reiterated Rating | Buy | $37.00 | Low |  |
| 6/21/2016 | DA Davidson | Initiated Coverage | Buy | $28.00 | N/A | |
(Data available from 7/26/2015 forward)
Earnings History for Midland States Bancorp (NASDAQ:MSBI)Earnings History by Quarter for Midland States Bancorp (NASDAQ MSBI)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 4/27/2017 | Q1 2017 | $0.56 | $0.57 | $45.50 million | $43.79 million | View | N/A | |
| 1/26/2017 | Y 2016 | $2.13 | $0.72 | $46.00 million | $56.45 million | View | Listen | |
| 7/28/2016 | Q2 | $0.58 | $0.50 | $40.50 million | $42.01 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Midland States Bancorp (NASDAQ:MSBI)2017 EPS Consensus Estimate: $2.31
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.56 | $0.56 | $0.56 |
| Q2 2017 | 1 | $0.59 | $0.59 | $0.59 |
| Q3 2017 | 1 | $0.57 | $0.57 | $0.57 |
| Q4 2017 | 1 | $0.59 | $0.59 | $0.59 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Midland States Bancorp (NASDAQ:MSBI)| Most Recent Dividend: | 5/19/2017 |
| Annual Dividend: | $0.80 |
| Dividend Yield: | 2.36% |
| Payout Ratio: | 35.56% (Trailing 12 Months of Earnings)
35.24% (Based on This Year's Estimates)
30.77% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Midland States Bancorp (NASDAQ MSBI)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/3/2017 | quarterly | $0.20 | 2.25% | 5/10/2017 | 5/12/2017 | 5/19/2017 |
| 2/8/2017 | quarterly | $0.20 | 2.41% | 2/15/2017 | 2/17/2017 | 2/24/2017 |
| 11/9/2016 | quarterly | $0.18 | 2.76% | 11/16/2016 | 11/18/2016 | 11/28/2016 |
| 8/1/2016 | special | $0.18 | | 8/10/2016 | 8/12/2016 | 8/19/2016 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Midland States Bancorp (NASDAQ:MSBI)Insider Ownership Percentage: 14.90%
Institutional Ownership Percentage: 37.25%
Insider Trades by Quarter for Midland States Bancorp (NASDAQ:MSBI)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 7/3/2017 | John M. Schultz | Director | Sell | 2,000 | $33.55 | $67,100.00 | |
| 6/13/2017 | Douglas J Tucker | SVP | Sell | 1,954 | $34.80 | $67,999.20 | |
| 6/1/2017 | Jeffrey S Mefford | EVP | Sell | 25,000 | $34.57 | $864,250.00 | |
| 6/1/2017 | John M. Schultz | Director | Sell | 2,000 | $34.45 | $68,900.00 | |
| 5/1/2017 | John M. Schultz | Director | Sell | 2,000 | $34.30 | $68,600.00 | |
| 4/3/2017 | John M. Schultz | Director | Sell | 2,000 | $34.01 | $68,020.00 | |
| 3/13/2017 | Leon J. Holschbach | CEO | Sell | 50,000 | $34.09 | $1,704,500.00 | |
| 3/7/2017 | Douglas J Tucker | SVP | Sell | 5,000 | $35.00 | $175,000.00 | |
| 3/1/2017 | John M. Schultz | Director | Sell | 2,000 | $35.75 | $71,500.00 | |
| 2/27/2017 | Jeffrey G Ludwig | EVP | Sell | 25,000 | $35.05 | $876,250.00 | |
| 2/1/2017 | John M. Schultz | Director | Sell | 2,000 | $33.61 | $67,220.00 | |
| 12/20/2016 | James Randall Stewart | Insider | Sell | 20,867 | $33.21 | $692,993.07 | |
| 12/13/2016 | Thomas D Shaw | Director | Buy | 4,425 | $33.44 | $147,972.00 | |
| 12/9/2016 | Jeffrey S Mefford | EVP | Sell | 4,500 | $32.13 | $144,585.00 | |
| 12/7/2016 | Douglas J Tucker | SVP | Sell | 5,000 | $35.17 | $175,850.00 | |
| 12/2/2016 | Thomas D Shaw | Director | Buy | 3,040 | $32.86 | $99,894.40 | |
| 11/21/2016 | Douglas J. Tucker | SVP | Sell | 2,416 | $28.90 | $69,822.40 | |
| 8/10/2016 | Jeffrey G Ludwig | CFO | Buy | 800 | $22.55 | $18,040.00 | |
| 5/27/2016 | Lawrence A Schiffer | Director | Sell | 49,980 | $22.00 | $1,099,560.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Midland States Bancorp (NASDAQ:MSBI)
Latest Headlines for Midland States Bancorp (NASDAQ:MSBI)
| Source: |
|
| Date | Headline |
|---|
 | Midland States Bancorp, Inc. to Announce Second Quarter 2017 Financial Results on Thursday, July 27
finance.yahoo.com - July 8 at 12:44 PM |
 | Insider Selling: Midland States Bancorp, Inc. (MSBI) Director Sells 2,000 Shares of Stock
www.americanbankingnews.com - July 5 at 1:21 PM |
| Nysemkt (CRFN) & Midland States Bancorp (MSBI) Critical Survey
www.americanbankingnews.com - July 1 at 4:04 PM |
| Midland States Bancorp Files Universal Shelf Registration Statement
finance.yahoo.com - July 1 at 2:37 AM |
| Midland States Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : MSBI-US : June 21, 2017
finance.yahoo.com - June 21 at 7:50 PM |
| Midland States Bancorp, Inc. (MSBI) SVP Douglas J. Tucker Sells 1,954 Shares
www.americanbankingnews.com - June 14 at 1:37 PM |
 | Midland States Bancorp (MSBI) Completes Acquisition of Centrue Financial Corporation (CFCB)
www.streetinsider.com - June 13 at 6:47 AM |
| Midland States Bancorp, Inc. Completes the Acquisition of Centrue Financial Corporation
finance.yahoo.com - June 12 at 9:07 AM |
| ETFs with exposure to Midland States Bancorp, Inc. : June 6, 2017
finance.yahoo.com - June 6 at 7:22 PM |
| Midland States Bancorp, Inc. :MSBI-US: Earnings Analysis: Q1, 2017 By the Numbers : June 5, 2017
finance.yahoo.com - June 5 at 7:19 PM |
| Midland States Bancorp Inc (MSBI) Director Sells $68,900.00 in Stock
www.americanbankingnews.com - June 2 at 8:42 PM |
| Jeffrey S. Mefford Sells 25,000 Shares of Midland States Bancorp Inc (MSBI) Stock
www.americanbankingnews.com - June 2 at 7:50 PM |
| Midland States Bancorp, Inc. and Centrue Financial Corporation Announce Election Deadline
finance.yahoo.com - May 30 at 9:59 AM |
| Midland States Bancorp Inc (MSBI) Sees Significant Increase in Short Interest
www.americanbankingnews.com - May 22 at 2:46 PM |
| Midland States Bancorp, Inc. – Value Analysis (NASDAQ:MSBI) : May 19, 2017
finance.yahoo.com - May 19 at 7:06 PM |
| Midland States Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : MSBI-US : May 18, 2017
finance.yahoo.com - May 19 at 11:17 AM |
| Midland States Bancorp Inc (MSBI) Stock Rating Reaffirmed by Keefe, Bruyette & Woods
www.americanbankingnews.com - May 12 at 8:36 AM |
| Midland States Bancorp, Inc. : MSBI-US: Dividend Analysis : May 12th, 2017 (record date) : By the numbers : May 10, 2017
finance.yahoo.com - May 10 at 6:42 PM |
| Midland States Bancorp Announces Participation in Upcoming Investor Conferences
finance.yahoo.com - May 8 at 12:29 PM |
 | Another bank is opening another branch, this one in The Grove
www.bizjournals.com - May 4 at 6:44 PM |
| Love Funding Provides $87.3 Million in FHA Financing for New High-Rise, Market-Rate Apartment Building in Plano, Texas
finance.yahoo.com - May 4 at 11:32 AM |
| Midland States Bancorp Inc (MSBI) Plans Quarterly Dividend of $0.20
www.americanbankingnews.com - May 3 at 9:46 PM |
| Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.20 Per Share
finance.yahoo.com - May 2 at 7:01 PM |
| Insider Selling: Midland States Bancorp Inc (MSBI) Director Sells 2,000 Shares of Stock
www.americanbankingnews.com - May 2 at 3:13 PM |
| Brokers Offer Predictions for Midland States Bancorp Inc's Q2 2017 Earnings (MSBI)
www.americanbankingnews.com - May 2 at 8:36 AM |
| Zacks: Midland States Bancorp Inc (MSBI) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - May 1 at 5:50 PM |
 | Midland States Bancorp's (MSBI) CEO Leon Holschbach on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 30 at 12:10 AM |
| Midland States Bancorp Inc (MSBI) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - April 29 at 1:17 AM |
| Edited Transcript of MSBI earnings conference call or presentation 28-Apr-17 12:30pm GMT
finance.yahoo.com - April 29 at 12:40 AM |
 | BRIEF-Midland States Bancorp Q1 earnings per share $0.52
www.reuters.com - April 28 at 12:13 AM |
| Midland States Bancorp, Inc. Announces 2017 First Quarter Results
finance.yahoo.com - April 27 at 7:13 PM |
| Midland States Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : MSBI-US : April 26, 2017
finance.yahoo.com - April 26 at 6:37 PM |
| BRIEF-Midland States Bancorp receives federal reserve approval for pending acquisition of Centrue Financial
www.reuters.com - April 19 at 6:41 PM |
| Midland States Bancorp, Inc. Receives Federal Reserve Approval for Pending Acquisition of Centrue Financial Corporation
finance.yahoo.com - April 19 at 6:41 PM |
| Midland States Bancorp Inc (MSBI) PT Set at $37.00 by Keefe, Bruyette & Woods
www.americanbankingnews.com - April 14 at 10:04 AM |
| Midland States Bancorp Inc (MSBI) Given a $37.00 Price Target at Keefe, Bruyette & Woods
www.americanbankingnews.com - April 11 at 3:21 PM |
| Midland States Bancorp Inc (MSBI) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - April 8 at 12:32 PM |
| Midland States Bancorp, Inc. to Announce First Quarter 2017 Financial Results on Thursday, April 27
finance.yahoo.com - April 7 at 11:18 AM |
| MIDLAND STATES BANCORP, INC. Files SEC form 8-K, Changes in Registrant's Certifying Accountant, Financial Statements
biz.yahoo.com - March 31 at 6:46 PM |
| Zacks: Midland States Bancorp Inc (MSBI) Receives Average Recommendation of "" from Analysts
www.americanbankingnews.com - March 31 at 10:26 AM |
 | Midland States Bancorp Announces Acquisition of CedarPoint Investment Advisors
globenewswire.com - March 28 at 6:27 PM |
| Midland States Bancorp (MSBI) Acquires CedarPoint Investment Advisors
www.streetinsider.com - March 28 at 6:27 PM |
| Midland States Bancorp Inc (MSBI) Given $40.00 Consensus Target Price by Brokerages
www.americanbankingnews.com - March 24 at 11:53 AM |
 | Midland States Bancorp is Now Oversold (MSBI)
www.thestreet.com - March 23 at 7:11 PM |
| Midland States Bank names market president
www.bizjournals.com - March 20 at 4:49 PM |
| MIDLAND STATES BANCORP, INC. Financials
finance.yahoo.com - March 16 at 7:25 PM |
| MIDLAND STATES BANCORP, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 10 at 7:59 PM |
| Midland States Bancorp declares $0.20 dividend
seekingalpha.com - February 9 at 12:33 AM |
| MIDLAND STATES BANCORP, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - February 8 at 7:31 PM |
 | Midland States Bancorp, Inc. Announces 11% Increase in Quarterly Cash Dividend
us.rd.yahoo.com - February 7 at 7:57 PM |
Midland States Bancorp (MSBI) Chart for Wednesday, July, 26, 2017
