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MSBI

Midland States Bancorp, Inc.

MSBI

NASDAQ·Financial Services·Banks - Regional·Mkt cap $700.0M

$33.73

+0.60%

P/E

21.08

Mkt Cap

$700.0M

52-Wk Range

$14.24–$35.10

52-Week Range

$14.24 - $35.10

P/E

21.08

Fwd P/E

10.09

Beta

0.64

Div Yield

3.82%

Avg Vol

168.2K

Shares Out

21.5M

Mkt Cap

$700.0M

Price action

Price chart

Up 84.9% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • 140+ year operating history and established community relationships since 1881
  • Diversified revenue streams across commercial lending, residential mortgages, consumer loans, and wealth management
  • Regional market expertise and personalized service advantages over national competitors
  • Specialized lending capabilities in commercial real estate, agricultural, and construction sectors

Bear Case

1 risk

  • Low volatility (beta 0.6).

Growth

Revenue decline expected

Expansion of commercial real estate and agricultural lending portfolios in core markets

Value

Attractively priced below Commercial Banking peer average

Momentum

Strong

+17.3% over 3m

Quality

Excellent

Strong fundamentals

Dividend

Solid

3.82% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 29, 2026

Q3 26 RECAP

JUL 23, 2026

Reported EPS of $0.82 vs $0.78 consensus (+4.9% surprise). Revenue of $83.7M vs $80.7M expected (+3.8%). Beat on both top and bottom lines.

EPS beat +4.9%
Rev beat +3.8%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+4.9%

Revenue trend · last 8Q

-20%

-9%

-11%

-37%

+46%

-5%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$87.7M

$136.6M

$74.0M

$78.9M

$115.5M

$107.3M

$108.1M

$111.9M

Margins · last 8Q

Gross

68.4%

Operating

23.0%

Profit

17.8%

Wall Street consensus

2 analysts · 0% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

0%

Hold

2

100%

Sell

0%

Median Price Target

Latest: Piper Sandler · Jun 26, 2026

vs Industry

How MSBI stacks vs Banks - Regional

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.