MSBI

Midland States Bancorp, Inc.

MSBI.US midlandsb.com
33.31
+0.42 (+1.28%)
USD · NASDAQ
52-week range
13.47
34.76
Trading at 93% of the 52-week range
Market Cap
682.54M
P/E Ratio
21.22
Forward P/E
8.22
Book Value
22.15
Div. Yield
3.85%
% Institutions
72.18%
% Insiders
8.17%

1 Year

+97.1%

3 Year

+80.8%

10 Year

+112.1%
Description

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 in Banking and Wealth Management segments. The company offers commercial loans; commercial real estate loans that include various property types, such as owner-occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, assisted living facilities, and farmland; construction and land development loans, including loans to small and midsized businesses to construct owner-user properties, loans to developers of commercial real estate investment properties and residential developments, and loans to individual clients for construction of single family homes; and residential real estate loans comprising first and second mortgage loans, and home equity lines of credit. It also provides commercial equipment leasing; depository products consisting of checking, savings, money market, certificates of deposits, and sweep accounts; and trust and wealth management products and services, such as 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. The company was founded in 1881 and is headquartered in Effingham, Illinois.

Company Information

Company Name
Midland States Bancorp, Inc.
Sector
Financial Services
Industry
Banks - Regional
Exchange
NASDAQ
ISIN: US5977421057
CIK: 0001466026
CUSIP: 597742105
Currency: USD
Full Time Employees: 839
Phone: 217 342 7321
Fiscal Year End: December
IPO Date: May 24, 2016
Description:

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 in Banking and Wealth Management segments. The company offers commercial loans; commercial real estate loans that include various property types, such as owner-occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, assisted living facilities, and farmland; construction and land development loans, including loans to small and midsized businesses to construct owner-user properties, loans to developers of commercial real estate investment properties and residential developments, and loans to individual clients for construction of single family homes; and residential real estate loans comprising first and second mortgage loans, and home equity lines of credit. It also provides commercial equipment leasing; depository products consisting of checking, savings, money market, certificates of deposits, and sweep accounts; and trust and wealth management products and services, such as 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. The company was founded in 1881 and is headquartered in Effingham, Illinois.

Address:

1201 Network Centre Drive, Effingham, IL, United States, 62401

People

Directors & Officers

Name Title Year Born
Mr. Jeffrey G. Ludwig CPA President, CEO & Vice Chairman 1972
Mr. Daniel E. Casey EVP & Chief Risk Officer of Midland States Bank 1972
Mr. Jeremy A. Jameson Executive VP & Chief Banking Officer 1981
Ms. Claire A. Stack Executive VP & CFO 1989
Mr. Kyle O. Mooney Chief Information Officer NA
Shonna Kracinski Director of Human Resources NA
Mr. Danny Leon Stevenson C.F.A. Executive VP of Consumer Banking and Wealth Management NA
Mr. Ryan Lee Lange C.A.I.A., C.F.A. Chief Investment Officer of Midland Wealth Management NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Jan 28, 2026 Kyle Owen Mooney N/A Sale 2.81K $22.67 $63.66K
Dec 03, 2025 Daniel Edward Casey N/A Purchase 5.00K $17.89 $89.45K
Dec 03, 2025 Jeffrey C Smith N/A Purchase 500.00 $17.69 $8.85K
Dec 03, 2025 Jeremy Andrew Jameson N/A Purchase 5.60K $17.69 $99.03K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
BlackRock Inc 2.86M Mar 31, 2026 13.76% $0.00 -2.87%
Vanguard Capital Management, LLC 901.39K Mar 31, 2026 4.34% $0.00 0.00%
Dimensional Fund Advisors, Inc. 859.38K Jun 30, 2026 4.14% $0.00 -3.53%
State Street Corp 765.92K Mar 31, 2026 3.69% $0.00 12.16%
Busey Trust Co 759.29K Mar 31, 2026 3.66% $0.46 0.00%
American Century Companies Inc 563.72K Jun 30, 2026 2.72% $0.01 -3.83%
Hotchkis & Wiley Capital Management LLC 540.36K Mar 31, 2026 2.60% $0.04 45.34%
Geode Capital Management, LLC 533.96K Mar 31, 2026 2.57% $0.00 2.99%
Patriot Financial Partners GP II, LP 438.50K Jun 30, 2026 2.11% $3.49 0.00%
AQR Capital Management LLC 396.26K Mar 31, 2026 1.91% $0.00 -2.83%
LSV Asset Management 379.30K Jun 30, 2026 1.83% $0.02 30.66%
Rhino Investment Partners, Inc. 320.29K Mar 31, 2026 1.54% $1.99 22.47%
The Goldman Sachs Group Inc 261.02K Mar 31, 2026 1.26% $0.00 49.93%
Acadian Asset Management LLC 256.22K Mar 31, 2026 1.23% $0.01 457.35%
Jacobs Levy Equity Management, Inc. 242.55K Mar 31, 2026 1.17% $0.02 1.76%
Vanguard Portfolio Management, LLC 229.63K Mar 31, 2026 1.11% $0.00 0.00%
ProShare Advisors LLC 227.54K Jun 30, 2026 1.10% $0.01 0.00%
Arrowstreet Capital Limited Partnership 198.53K Mar 31, 2026 0.96% $0.00 9.15%
Two Sigma Investments LLC 174.09K Mar 31, 2026 0.84% $0.00 18.28%
Charles Schwab Investment Management Inc 169.64K Mar 31, 2026 0.82% $0.00 -3.32%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard MStar Total Stk Mkt Idx Invest 589.03K 2.84% ▲ 0.00% Jul 31, 2026
2 Avantis US Small Cap Value ETF 530.41K 2.56% ▲ 0.16% Aug 31, 2026
3 iShares Russell 2000 ETF 502.65K 2.42% ▼ 0.56% Aug 31, 2026
4 BlackRock Advantage Small Cap Core Instl 326.81K 1.57% ▼ 2.30% Jul 31, 2026
5 DFA US Small Cap Value I 252.23K 1.22% ▲ 0.00% Jul 31, 2026
6 Vanguard Institutional Extnd Mkt Idx Tr 239.04K 1.15% ▲ 0.22% Jul 31, 2026
7 ProShares Russell 2000 Dividend Growers 236.71K 1.14% ▲ 0.00% Aug 31, 2026
8 Fidelity Small Cap Index 214.12K 1.03% ▲ 4.56% Jun 30, 2026
9 iShares Russell 2000 Value ETF 184.34K 0.89% ▼ 0.23% Aug 31, 2026
10 BSF Systematic US Eq Abs Ret A2 USD 151.51K 0.73% ▼ 9.71% Dec 31, 2025

Financial Highlights

Market Cap: $682.54M
P/E Ratio: $21.22
PEG Ratio: $1.41
Book Value: $22.15
Dividend/Share: $1.28
Dividend Yield: 3.85%
Earnings/Share: $1.55
Profit Margin: 15.03%
Operating Margin: 35.57%
ROA (TTM): 0.62%
ROE (TTM): 7.53%
Revenue (TTM): $286.15M
Revenue/Share (TTM): $13.30
Earnings Growth (YOY): 86.00%
Revenue Growth (YOY): 18.00%

Valuation Metrics

Enterprise Value: $846.22M
Trailing P/E: 21.22
Forward P/E: 8.22

Shares Statistics

Shares Outstanding: 20.75M
Shares Float: 19.50M
% Insiders: 8.17%
% Institutions: 72.18%
Short % Float: 4.75%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$467.59M
Cost of Goods Sold
adjust
$-199.29M
Gross Profit
subtotal
$268.30M
SG&A
adjust
$-122.31M
Other Operating Expense
adjust
$-249.24M
Operating Income
subtotal
$-103.24M
Other / Non-Operating Items
adjust
$-21.04M
Net Income
subtotal
$-124.28M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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