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Midland States Bancorp (MSBI) Competitors

Midland States Bancorp logo
$29.46 +0.57 (+1.97%)
Closing price 06/10/2026 04:00 PM Eastern
Extended Trading
$29.73 +0.27 (+0.93%)
As of 06:27 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

MSBI vs. BUSE, CATY, CTBI, FMBH, and FRME

Should you buy Midland States Bancorp stock or one of its competitors? MarketBeat compares Midland States Bancorp with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Midland States Bancorp include First Busey (BUSE), Cathay General Bancorp (CATY), Community Trust Bancorp (CTBI), First Mid Bancshares (FMBH), and First Merchants (FRME). These companies are all part of the "finance" sector.

How does Midland States Bancorp compare to First Busey?

First Busey (NASDAQ:BUSE) and Midland States Bancorp (NASDAQ:MSBI) are both finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, dividends, media sentiment, risk, profitability, earnings and institutional ownership.

First Busey has a net margin of 19.16% compared to Midland States Bancorp's net margin of 7.53%. Midland States Bancorp's return on equity of 11.55% beat First Busey's return on equity.

Company Net Margins Return on Equity Return on Assets
First Busey19.16% 10.19% 1.36%
Midland States Bancorp 7.53%11.55%0.78%

56.5% of First Busey shares are held by institutional investors. Comparatively, 60.9% of Midland States Bancorp shares are held by institutional investors. 3.8% of First Busey shares are held by company insiders. Comparatively, 8.6% of Midland States Bancorp shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

First Busey pays an annual dividend of $1.04 per share and has a dividend yield of 3.7%. Midland States Bancorp pays an annual dividend of $1.28 per share and has a dividend yield of 4.3%. First Busey pays out 46.2% of its earnings in the form of a dividend. Midland States Bancorp pays out 108.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. First Busey has increased its dividend for 10 consecutive years and Midland States Bancorp has increased its dividend for 1 consecutive years.

First Busey has higher revenue and earnings than Midland States Bancorp. First Busey is trading at a lower price-to-earnings ratio than Midland States Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Busey$1.04B2.30$135.26M$2.2512.59
Midland States Bancorp$291.51M2.09-$124.28M$1.1824.97

First Busey presently has a consensus target price of $27.50, suggesting a potential downside of 2.93%. Midland States Bancorp has a consensus target price of $23.90, suggesting a potential downside of 18.87%. Given First Busey's stronger consensus rating and higher possible upside, research analysts plainly believe First Busey is more favorable than Midland States Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Busey
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Midland States Bancorp
0 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.33

In the previous week, Midland States Bancorp had 1 more articles in the media than First Busey. MarketBeat recorded 4 mentions for Midland States Bancorp and 3 mentions for First Busey. Midland States Bancorp's average media sentiment score of 0.95 beat First Busey's score of 0.72 indicating that Midland States Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Busey
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Midland States Bancorp
1 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

First Busey has a beta of 0.72, meaning that its share price is 28% less volatile than the broader market. Comparatively, Midland States Bancorp has a beta of 0.67, meaning that its share price is 33% less volatile than the broader market.

Summary

First Busey beats Midland States Bancorp on 12 of the 20 factors compared between the two stocks.

How does Midland States Bancorp compare to Cathay General Bancorp?

Midland States Bancorp (NASDAQ:MSBI) and Cathay General Bancorp (NASDAQ:CATY) are both finance companies, but which is the better business? We will contrast the two companies based on the strength of their risk, analyst recommendations, institutional ownership, valuation, profitability, media sentiment, earnings and dividends.

Midland States Bancorp pays an annual dividend of $1.28 per share and has a dividend yield of 4.3%. Cathay General Bancorp pays an annual dividend of $1.52 per share and has a dividend yield of 2.6%. Midland States Bancorp pays out 108.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Cathay General Bancorp pays out 31.3% of its earnings in the form of a dividend. Midland States Bancorp has raised its dividend for 1 consecutive years. Midland States Bancorp is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Cathay General Bancorp has higher revenue and earnings than Midland States Bancorp. Cathay General Bancorp is trading at a lower price-to-earnings ratio than Midland States Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Midland States Bancorp$291.51M2.09-$124.28M$1.1824.97
Cathay General Bancorp$844.88M4.72$315.12M$4.8512.27

60.9% of Midland States Bancorp shares are held by institutional investors. Comparatively, 75.0% of Cathay General Bancorp shares are held by institutional investors. 8.6% of Midland States Bancorp shares are held by insiders. Comparatively, 4.5% of Cathay General Bancorp shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, Cathay General Bancorp had 2 more articles in the media than Midland States Bancorp. MarketBeat recorded 6 mentions for Cathay General Bancorp and 4 mentions for Midland States Bancorp. Cathay General Bancorp's average media sentiment score of 0.98 beat Midland States Bancorp's score of 0.95 indicating that Cathay General Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Midland States Bancorp
1 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cathay General Bancorp
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Midland States Bancorp presently has a consensus target price of $23.90, suggesting a potential downside of 18.87%. Cathay General Bancorp has a consensus target price of $51.75, suggesting a potential downside of 13.01%. Given Cathay General Bancorp's higher probable upside, analysts plainly believe Cathay General Bancorp is more favorable than Midland States Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Midland States Bancorp
0 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.33
Cathay General Bancorp
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Cathay General Bancorp has a net margin of 23.79% compared to Midland States Bancorp's net margin of 7.53%. Midland States Bancorp's return on equity of 11.55% beat Cathay General Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Midland States Bancorp7.53% 11.55% 0.78%
Cathay General Bancorp 23.79%11.37%1.38%

Midland States Bancorp has a beta of 0.67, suggesting that its stock price is 33% less volatile than the broader market. Comparatively, Cathay General Bancorp has a beta of 0.86, suggesting that its stock price is 14% less volatile than the broader market.

Summary

Cathay General Bancorp beats Midland States Bancorp on 13 of the 20 factors compared between the two stocks.

How does Midland States Bancorp compare to Community Trust Bancorp?

Community Trust Bancorp (NASDAQ:CTBI) and Midland States Bancorp (NASDAQ:MSBI) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their risk, profitability, earnings, dividends, institutional ownership, media sentiment, analyst recommendations and valuation.

Community Trust Bancorp currently has a consensus target price of $63.50, indicating a potential downside of 9.66%. Midland States Bancorp has a consensus target price of $23.90, indicating a potential downside of 18.87%. Given Community Trust Bancorp's stronger consensus rating and higher probable upside, equities analysts clearly believe Community Trust Bancorp is more favorable than Midland States Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Community Trust Bancorp
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
3.50
Midland States Bancorp
0 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.33

In the previous week, Midland States Bancorp had 3 more articles in the media than Community Trust Bancorp. MarketBeat recorded 4 mentions for Midland States Bancorp and 1 mentions for Community Trust Bancorp. Community Trust Bancorp's average media sentiment score of 1.33 beat Midland States Bancorp's score of 0.95 indicating that Community Trust Bancorp is being referred to more favorably in the media.

Company Overall Sentiment
Community Trust Bancorp Positive
Midland States Bancorp Positive

Community Trust Bancorp has a net margin of 24.85% compared to Midland States Bancorp's net margin of 7.53%. Community Trust Bancorp's return on equity of 12.27% beat Midland States Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Community Trust Bancorp24.85% 12.27% 1.56%
Midland States Bancorp 7.53%11.55%0.78%

Community Trust Bancorp pays an annual dividend of $2.12 per share and has a dividend yield of 3.0%. Midland States Bancorp pays an annual dividend of $1.28 per share and has a dividend yield of 4.3%. Community Trust Bancorp pays out 37.1% of its earnings in the form of a dividend. Midland States Bancorp pays out 108.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Community Trust Bancorp has increased its dividend for 44 consecutive years and Midland States Bancorp has increased its dividend for 1 consecutive years.

Community Trust Bancorp has higher revenue and earnings than Midland States Bancorp. Community Trust Bancorp is trading at a lower price-to-earnings ratio than Midland States Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Community Trust Bancorp$409.34M3.12$98.06M$5.7112.31
Midland States Bancorp$291.51M2.09-$124.28M$1.1824.97

Community Trust Bancorp has a beta of 0.54, meaning that its stock price is 46% less volatile than the broader market. Comparatively, Midland States Bancorp has a beta of 0.67, meaning that its stock price is 33% less volatile than the broader market.

60.2% of Community Trust Bancorp shares are owned by institutional investors. Comparatively, 60.9% of Midland States Bancorp shares are owned by institutional investors. 2.6% of Community Trust Bancorp shares are owned by company insiders. Comparatively, 8.6% of Midland States Bancorp shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Community Trust Bancorp beats Midland States Bancorp on 14 of the 20 factors compared between the two stocks.

How does Midland States Bancorp compare to First Mid Bancshares?

First Mid Bancshares (NASDAQ:FMBH) and Midland States Bancorp (NASDAQ:MSBI) are both small-cap finance companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, media sentiment, risk, analyst recommendations, earnings, institutional ownership, valuation and dividends.

First Mid Bancshares has a net margin of 19.95% compared to Midland States Bancorp's net margin of 7.53%. Midland States Bancorp's return on equity of 11.55% beat First Mid Bancshares' return on equity.

Company Net Margins Return on Equity Return on Assets
First Mid Bancshares19.95% 10.44% 1.23%
Midland States Bancorp 7.53%11.55%0.78%

47.6% of First Mid Bancshares shares are owned by institutional investors. Comparatively, 60.9% of Midland States Bancorp shares are owned by institutional investors. 6.0% of First Mid Bancshares shares are owned by company insiders. Comparatively, 8.6% of Midland States Bancorp shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

First Mid Bancshares currently has a consensus target price of $49.50, suggesting a potential upside of 7.28%. Midland States Bancorp has a consensus target price of $23.90, suggesting a potential downside of 18.87%. Given First Mid Bancshares' stronger consensus rating and higher possible upside, analysts clearly believe First Mid Bancshares is more favorable than Midland States Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Mid Bancshares
0 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50
Midland States Bancorp
0 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.33

First Mid Bancshares pays an annual dividend of $1.00 per share and has a dividend yield of 2.2%. Midland States Bancorp pays an annual dividend of $1.28 per share and has a dividend yield of 4.3%. First Mid Bancshares pays out 25.2% of its earnings in the form of a dividend. Midland States Bancorp pays out 108.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. First Mid Bancshares has increased its dividend for 3 consecutive years and Midland States Bancorp has increased its dividend for 1 consecutive years.

First Mid Bancshares has higher revenue and earnings than Midland States Bancorp. First Mid Bancshares is trading at a lower price-to-earnings ratio than Midland States Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Mid Bancshares$355.25M3.46$91.75M$3.9711.62
Midland States Bancorp$291.51M2.09-$124.28M$1.1824.97

In the previous week, Midland States Bancorp had 1 more articles in the media than First Mid Bancshares. MarketBeat recorded 4 mentions for Midland States Bancorp and 3 mentions for First Mid Bancshares. First Mid Bancshares' average media sentiment score of 1.08 beat Midland States Bancorp's score of 0.95 indicating that First Mid Bancshares is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Mid Bancshares
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Midland States Bancorp
1 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

First Mid Bancshares has a beta of 0.8, suggesting that its stock price is 20% less volatile than the broader market. Comparatively, Midland States Bancorp has a beta of 0.67, suggesting that its stock price is 33% less volatile than the broader market.

Summary

First Mid Bancshares beats Midland States Bancorp on 13 of the 20 factors compared between the two stocks.

How does Midland States Bancorp compare to First Merchants?

First Merchants (NASDAQ:FRME) and Midland States Bancorp (NASDAQ:MSBI) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, risk, dividends, media sentiment and earnings.

First Merchants has a net margin of 18.87% compared to Midland States Bancorp's net margin of 7.53%. Midland States Bancorp's return on equity of 11.55% beat First Merchants' return on equity.

Company Net Margins Return on Equity Return on Assets
First Merchants18.87% 9.58% 1.21%
Midland States Bancorp 7.53%11.55%0.78%

First Merchants pays an annual dividend of $1.48 per share and has a dividend yield of 3.6%. Midland States Bancorp pays an annual dividend of $1.28 per share and has a dividend yield of 4.3%. First Merchants pays out 43.5% of its earnings in the form of a dividend. Midland States Bancorp pays out 108.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. First Merchants has increased its dividend for 13 consecutive years and Midland States Bancorp has increased its dividend for 1 consecutive years.

First Merchants has a beta of 0.85, meaning that its share price is 15% less volatile than the broader market. Comparatively, Midland States Bancorp has a beta of 0.67, meaning that its share price is 33% less volatile than the broader market.

In the previous week, First Merchants had 2 more articles in the media than Midland States Bancorp. MarketBeat recorded 6 mentions for First Merchants and 4 mentions for Midland States Bancorp. Midland States Bancorp's average media sentiment score of 0.95 beat First Merchants' score of 0.74 indicating that Midland States Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Merchants
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Midland States Bancorp
1 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

First Merchants has higher revenue and earnings than Midland States Bancorp. First Merchants is trading at a lower price-to-earnings ratio than Midland States Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Merchants$1.05B2.47$226M$3.4012.11
Midland States Bancorp$291.51M2.09-$124.28M$1.1824.97

First Merchants presently has a consensus price target of $48.33, suggesting a potential upside of 17.43%. Midland States Bancorp has a consensus price target of $23.90, suggesting a potential downside of 18.87%. Given First Merchants' higher possible upside, equities research analysts plainly believe First Merchants is more favorable than Midland States Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Merchants
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33
Midland States Bancorp
0 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.33

73.9% of First Merchants shares are held by institutional investors. Comparatively, 60.9% of Midland States Bancorp shares are held by institutional investors. 1.8% of First Merchants shares are held by insiders. Comparatively, 8.6% of Midland States Bancorp shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

First Merchants beats Midland States Bancorp on 13 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MSBI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MSBI vs. The Competition

MetricMidland States BancorpBANKS IndustryFinance SectorNASDAQ Exchange
Market Cap$598.89M$1.14B$13.57B$11.95B
Dividend Yield4.45%2.62%5.78%5.61%
P/E Ratio24.9718.9419.9723.63
Price / Sales2.092.64133.33103.82
Price / Cash3.1324.6919.3154.72
Price / Book1.401.232.206.70
Net Income-$124.28M$75.93M$1.14B$337.26M
7 Day Performance3.30%2.44%0.28%-2.46%
1 Month Performance7.01%4.57%0.46%0.31%
1 Year Performance70.88%29.00%10.26%23.15%

Midland States Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MSBI
Midland States Bancorp
3.4418 of 5 stars
$29.46
+2.0%
$23.90
-18.9%
+69.0%$598.89M$291.51M24.97970
BUSE
First Busey
4.1781 of 5 stars
$27.11
-0.9%
$27.50
+1.4%
+22.6%$2.31B$1.04B12.051,948
CATY
Cathay General Bancorp
2.3658 of 5 stars
$56.50
-2.0%
$51.75
-8.4%
+32.1%$3.87B$844.88M11.651,268
CTBI
Community Trust Bancorp
4.0286 of 5 stars
$66.04
-1.2%
$63.50
-3.8%
+33.4%$1.21B$409.34M11.57980
FMBH
First Mid Bancshares
4.0339 of 5 stars
$43.37
-1.5%
$49.50
+14.1%
+23.5%$1.17B$355.25M10.921,170

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This page (NASDAQ:MSBI) was last updated on 6/11/2026 by MarketBeat.com Staff.
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