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

$17.49
+0.22 (+1.27 %)
(As of 04/1/2020 04:15 AM ET)
Today's Range
$16.99
Now: $17.49
$17.87
50-Day Range
$14.01
MA: $22.10
$27.24
52-Week Range
$13.22
Now: $17.49
$29.50
Volume319,800 shs
Average Volume96,239 shs
Market Capitalization$425.02 million
P/E Ratio7.74
Dividend Yield6.20%
Beta1.33
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. 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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Midland States Bancorp logo

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:MSBI
CUSIPN/A
Phone217-342-7321

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$324.80 million
Cash Flow$3.40 per share
Book Value$27.27 per share

Profitability

Net Income$55.78 million

Miscellaneous

Employees1,100
Market Cap$425.02 million
Next Earnings Date4/23/2020 (Estimated)
OptionableNot Optionable

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Midland States Bancorp (NASDAQ:MSBI) Frequently Asked Questions

How has Midland States Bancorp's stock been impacted by COVID-19 (Coronavirus)?

Midland States Bancorp's stock was trading at $19.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MSBI stock has decreased by 10.3% and is now trading at $17.49. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Midland States Bancorp's next earnings date?

Midland States Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Midland States Bancorp.

How were Midland States Bancorp's earnings last quarter?

Midland States Bancorp Inc (NASDAQ:MSBI) posted 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 9.23% and a net margin of 17.16%. View Midland States Bancorp's earnings history.

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. Shareholders of record on Friday, February 14th will be paid a dividend of $0.268 per share on Friday, February 21st. This represents a $1.07 annualized dividend and a dividend yield of 6.13%. The ex-dividend date is Thursday, February 13th. This is a positive change from Midland States Bancorp's previous quarterly dividend of $0.24. View Midland States Bancorp's dividend history.

Has Midland States Bancorp been receiving favorable news coverage?

Media stories about MSBI stock have trended very negative on Wednesday, InfoTrie Sentiment reports. The research group ranks the sentiment of press 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 news sentiment score of -3.0 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View the latest news aboutMidland States Bancorp.

Are investors shorting Midland States Bancorp?

Midland States Bancorp saw a increase in short interest in February. As of February 28th, there was short interest totaling 317,700 shares, an increase of 30.6% from the February 13th total of 243,300 shares. Based on an average daily volume of 64,600 shares, the short-interest ratio is presently 4.9 days. Currently, 1.5% 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?

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 AbbVie (ABBV), Exxon Mobil (XOM), Pattern Energy Group (PEGI), Walgreens Boots Alliance (WBA), Domtar (UFS), Alphabet (GOOG), Netflix (NFLX), Eastman Chemical (EMN), GrubHub (GRUB) and AT&T (T).

Who are Midland States Bancorp's key executives?

Midland States Bancorp's management team includes the following 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 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.

What is Midland States Bancorp's stock symbol?

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

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 $17.49.

How big of a company is Midland States Bancorp?

Midland States Bancorp has a market capitalization of $425.02 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?

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:  1.6 out of 5 (star)
Outperform Votes:  152 (Vote Outperform)
Underperform Votes:  313 (Vote Underperform)
Total Votes:  465
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 4/1/2020 by MarketBeat.com Staff

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