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NASDAQ · Banks - Regional · USD

Midland States Bancorp, Inc. (MSBI) Stock Analysis

Midland States Bancorp, Inc. (MSBI) is a Banks - Regional stock listed on NASDAQ and quoted in US Dollar.

MSBI

$33.73

+$0.20 (+0.60%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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MSBI Key Statistics

As of Sep 4, 2026
Trading
Open
$33.33
Previous Close
$33.53
Day's Range
33.33–33.84
52-Week Range
14.24–35.10
Volume
87.10K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.64
Valuation
Market Cap
$699.97M
P/E Ratio
21.35
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
9.97
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.41
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
2.45
EPS (ttm)Profit attributable to each share over the last twelve months.
1.58
Financials (FY)
Revenue (FY)
$290.36M−18.50%
Net Income (FY)
−$124.28M−426.68%
Profit marginThe share of revenue left as profit after all costs and taxes.
15.03%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
20.75M
1-Year Return
+89.16%
Dividend and dates
Dividend
$1.32+3.94%
Ex-Dividend Date
August 14, 2026
Earnings Date
October 29, 2026estimated
Avg Volume
180.71K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

MSBI Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+63.49%
2025−6.86%
2024−6.74%
2023+9.14%
2022+12.00%
2021+45.14%
2020−34.33%
2019+34.57%
2018−29.20%
2017−7.99%
2016 (partial year)+62.68%

As of September 4, 2026.

MSBI Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$290.36M−$124.28M−42.8%
2024$356.27M$38.04M10.7%
2023$340.22M$61.16M18.0%
2022$380.49M$100.24M26.3%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$290.36M−$124.28M−42.8%
2024$356.27M$38.04M10.7%
2023$340.22M$61.16M18.0%
2022$380.49M$100.24M26.3%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

MSBI Dividend History

$1.26+1.6% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.973
2025$1.264+1.6%
2024$1.244+3.3%
2023$1.204+3.4%
YearDividends per sharePaymentsChange
2026 (partial year)$0.973
2025$1.264+1.6%
2024$1.244+3.3%
2023$1.204+3.4%
2022$1.164+3.6%
2021$1.124+4.5%
2020$1.074+10.3%
2019$0.974+10.5%
2018$0.884+10.0%
2017$0.804+344.4%
2016$0.181

Most recent payment: $0.32 per share, ex-dividend August 14, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

MSBI Valuation vs Banks - Regional Median

Median of 380 stocks
MetricMSBIBanks - Regional medianvs median
P/E21.3512.6269% above
P/S ratio2.453.7735% below
Profit margin15.03%29.15%14.1 pts below

Medians across 380 Banks - Regional stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Midland States Bancorp, Inc. (MSBI) is capitalised at $699.97M on the latest close. It is classified in the Banks - Regional industry, within the Financial Services sector. The company reports 839 employees.

MSBI last closed at $33.73 on September 4, 2026. That is +$0.20 (+0.60%) against the previous close. Over the past 52 weeks the price has ranged from $14.24 to $35.10. The latest close sits 136.87% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $290.36M. That is −18.50% against the prior fiscal year, when revenue was $356.27M. The same year closed with a net loss of $124.28M. Profit margin runs at 15.03%. That is 14.1 percentage points below the Banks - Regional median of 29.15%. Earnings per share on a trailing basis come to 1.58.

Across the 4 fiscal years on file, revenue moves from $380.49M in 2022 to $290.36M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 21.35. That is 69.18% above the Banks - Regional median of 12.62. The forward P/E on file is 9.97. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.41. Measured against sales, the shares trade at 2.45 times revenue. On price-to-sales that is 35.13% below the Banks - Regional median of 3.77. The medians here are taken across 380 Banks - Regional companies that report the metric.

Beta against the wider market is reported at 0.64. Annualized volatility over the trailing 10 years is 34.68%. Over the trailing twelve months the price has returned +89.16%. Across 10 years the annualized return works out at +7.86%.

Growth & Income

The trailing dividend yield is 3.94%. That is 1.2 percentage points above the Banks - Regional median yield of 2.7%. The indicated annual rate is $1.32 a share. The ex-dividend date on file is August 14, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $0.97 a share. The year before, 2025, totalled $1.26 a share.

2026 is still running; the price is +63.49% year to date. The strongest complete calendar year on file is 2021 at +45.14%; the weakest is 2020 at −34.33%. Of the 9 complete calendar years on file, 4 finished higher.

Peer Comparison

Midland States Bancorp, Inc. (MSBI) operates in the Banks - Regional industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Midland States Bancorp, Inc. MSBI $699.97M 21.4
Mizuho Financial Group, Inc. MFG $135.92B 16.0
HDFC Bank Limited HDB $119.10B 16.0
ICICI Bank Limited IBN $108.74B 18.7

The Banks - Regional industry average P/E ratio is 12.6x. Midland States Bancorp, Inc. trades at a P/E of 21.4.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Midland States Bancorp, Inc.

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.

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