Midland States Bancorp, Inc. (MSBI)
| Market Cap | 514.81M |
| Revenue (ttm) | 271.43M |
| Net Income (ttm) | 58.66M |
| Shares Out | 21.50M |
| EPS (ttm) | 2.64 |
| PE Ratio | 9.02 |
| Forward PE | 7.95 |
| Dividend | $1.24 (5.17%) |
| Ex-Dividend Date | May 16, 2024 |
| Volume | 1,305 |
| Open | 23.97 |
| Previous Close | 23.80 |
| Day's Range | 23.84 - 24.09 |
| 52-Week Range | 18.56 - 28.47 |
| Beta | 0.78 |
| Analysts | Hold |
| Price Target | 26.30 (+9.74%) |
| Earnings Date | Apr 25, 2024 |
About MSBI
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, Wealth Management, and Other segments. The company provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, offi... [Read more]
Financial Performance
In 2023, MSBI's revenue was $281.48 million, a decrease of -7.86% compared to the previous year's $305.50 million. Earnings were $66.55 million, a decrease of -30.58%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for MSBI stock is "Hold." The 12-month stock price forecast is $26.3, which is an increase of 9.74% from the latest price.
News
Midland States Bancorp, Inc. Appoints Travis Franklin to Board of Directors
EFFINGHAM, Ill., May 07, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors has appointed Travis Franklin to its Board, effective May 7, 2...
Midland States Bancorp, Inc. Announces Common Stock and Preferred Stock Dividends
EFFINGHAM, Ill., May 07, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.31 per share of its c...
Midland States Bancorp, Inc. Announces 2024 First Quarter Results
First Quarter 2024 Highlights: Net income available to common shareholders of $11.7 million , or $0.53 per diluted share Pre-tax, pre-provision earnings of $32.2 million Tangible book value per share ...
Midland States Bancorp, Inc. To Announce First Quarter 2024 Financial Results on Thursday, April 25
EFFINGHAM, Ill., April 05, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its first quarter 2024 financial results after market close on Thursd...
Midland States Bancorp Appoints Gerald Carlson to Board of Directors
EFFINGHAM, Ill., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) (the “Company” or “Midland”) announced today that Gerald Carlson has been appointed to the Board of Direc...
Midland States Bancorp, Inc. Increases Common Stock Cash Dividend to $0.31 Per Share and Declares Preferred Stock Dividend
EFFINGHAM, Ill., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.31 per share of its ...
Midland States Bancorp, Inc. Announces 2023 Fourth Quarter Results
Fourth Quarter 2023 Highlights: Net income available to common shareholders of $18.5 million , or $0.84 per diluted share Adjusted earnings available to common shareholders of $19.8 million , or $0.89...
Midland States Bancorp, Inc. to Announce Fourth Quarter 2023 Financial Results on Thursday, January 25
EFFINGHAM, Ill., Jan. 05, 2024 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its fourth quarter 2023 financial results after market close on Thursd...
Midland States Bancorp, Inc. Announces Authorization of New $25 Million Stock Repurchase Program
EFFINGHAM, Ill., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors has approved a new stock repurchase program that authorizes t...
Midland States Bancorp, Inc. Announces Common Stock and Preferred Stock Dividends
EFFINGHAM, Ill., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.30 per share of its ...
Midland States Bancorp, Inc. Announces 2023 Third Quarter Results
Third Quarter 2023 Highlights: Net income available to common shareholders of $15.8 million , or $0.71 per diluted share Adjusted earnings per diluted share of $0.78 reflects impact of balance sheet r...
Midland States Bancorp, Inc. to Announce Third Quarter 2023 Financial Results on Thursday, October 26
EFFINGHAM, Ill., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its third quarter 2023 financial results after market close on Thursda...
Midland States Bancorp, Inc. Announces 2023 Second Quarter Results
Second Quarter 2023 Highlights: Net income available to common shareholders of $19.3 million , or $0.86 per diluted share Efficiency ratio improved to 55.0% from prior quarter Total loan growth of $13...
Midland States Bancorp, Inc. to Announce Second Quarter 2023 Financial Results on Thursday, July 27
EFFINGHAM, Ill., July 07, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its second quarter 2023 financial results after market close on Thursd...
Midland States Bancorp, Inc. Announces 2023 First Quarter Results
First Quarter 2023 Highlights: Net income available to common shareholders of $19.5 million , or $0.86 per diluted share Total loan growth of $47.8 million , or 3.0% annualized from prior quarter Tota...
Midland States Bancorp, Inc. to Announce First Quarter 2023 Financial Results on Thursday, April 27
EFFINGHAM, Ill., April 05, 2023 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that it will issue its first quarter 2023 financial results after market close on Thursd...
Midland States Bancorp, Inc. Increases Quarterly Common Stock Cash Dividend to $0.30 Per Share and Announces Preferred Stock Dividend
23rd consecutive year that Midland States Bancorp has increased its quarterly cash dividend
Midland States Bancorp, Inc. Announces 2022 Fourth Quarter Results
Net income available to common shareholders of $29.7 million, or $1.30 per diluted share. $17.5 million gain on the termination of forward starting interest rate swaps, $3.3 million loss on commercial...
Midland States Bancorp, Inc. Announces Authorization of New $25 Million Stock Repurchase Program
EFFINGHAM, Ill., Dec. 06, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors has approved a new stock repurchase program that authorizes t...
Midland States Bancorp, Inc. Announces 2022 Third Quarter Results
Net income of $23.5 million, or $1.04 diluted earnings per share
Midland States Bancorp, Inc. to Announce Third Quarter 2022 Financial Results on Thursday, October 20
Conference call and webcast to be held on Friday, October 21 Conference call and webcast to be held on Friday, October 21
Midland States Bancorp, Inc. Announces Pricing of $115 Million Offering of Depositary Shares
EFFINGHAM, Ill., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (“Midland” or the “Company”) (Nasdaq: MSBI), the holding company for Midland States Bank (the “Bank”), announced today t...
Midland States Bancorp, Inc. Declares Quarterly Cash Dividend of $0.29 Per Share
EFFINGHAM, Ill., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.29 per share. The di...
Midland States Bancorp, Inc. Announces 2022 Second Quarter Results
Net income of $21.9 million, or $0.97 diluted earnings per share
Midland States Bancorp, Inc. to Announce Second Quarter 2022 Financial Results on Thursday, July 28
Conference call and webcast to be held on Friday, July 29 Conference call and webcast to be held on Friday, July 29