MSBI
Neutral signalScored 2026-08-03 Drivers: fundamentals. Moteurs : fondamentaux.
Research, not advice.
À propos
Midland States Bancorp, Inc.
- Nom
- Midland States Bancorp, Inc.
- Secteur
- Financial Services
- Industrie
- Banks - Regional
- Bourse
- NASDAQ
- Capitalisation
- $704.7M
- Employés
- 850
- PDG
- Jeffrey G. Ludwig
- Site web
- https://www.midlandsb.com
- Marché
- CBNKCIVBEQBKFBIZFFBCFMBH
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.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 8 383 titres (~285 022,84 $ US)
- Insiders
- Ludwig Jeffrey G.
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$421,375
Avg sell (VWAP, 90d window) $33.79 vs last close —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
- Last activity
- 2026-07-28
- Last synced
-
2026-10-19 22:07:50
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-09-08 | Mooney Kyle Owen | Sell · S | 2,400 | $33.33 | $79,992 | Form 4 |
| 2026-08-18 | Mooney Kyle Owen | Sell · S | 489 | $33.16 | $16,215 | Form 4 |
| 2026-08-11 | Mooney Kyle Owen | Sell · S | 1,198 | $33.51 | $40,145 | Form 4 |
| 2026-07-28 | Ludwig Jeffrey G. | Sell · S | 8,383 | $34.00 | $285,023 | Form 4 |
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Signal
Neutral signalScored 2026-08-03 Drivers: fundamentals. Moteurs : fondamentaux.
MSBI's Q2 2026 earnings beat and Zacks #1 ranking represent a genuine short-term catalyst (confidence-adjusted score: 45.5), but the company's fundamentals are in critical distress — a current ratio of 0.26, negative…
The first sentence of the analysis written for MSBI on 2026-08-03 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Pulls against a bullish reading. Current ratio 0.26 · operating margin -22%
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 57.4% | 43.2% | 50.7% | 69.6% | 89.3% | |
| Ebit Margin | -22.1% | 8.6% | 17.3% | 30.1% | 31.6% | |
| Ebitda Margin | -19.5% | 11.0% | 19.8% | 33.4% | 36.9% | |
| Operating Profit Margin | -22.1% | 8.6% | 17.3% | 30.1% | 31.6% | |
| Pretax Profit Margin | -24.6% | 8.6% | 17.3% | 30.1% | 31.6% | |
| Continuous Operations Profit Margin | -26.6% | 7.0% | 12.0% | 23.0% | 26.0% | |
| Net Profit Margin | -26.6% | 7.0% | 12.0% | 23.0% | 26.0% | |
| Bottom Line Profit Margin | -30.0% | 5.2% | 10.1% | 22.0% | 25.7% | |
| Current Ratio | 0.263 | 0.229 | 0.234 | 0.216 | 0.322 | |
| Quick Ratio | 0.263 | 0.229 | 0.234 | 0.216 | 0.322 | |
| Solvency Ratio | -0.019 | 0.008 | 0.010 | 0.016 | 0.014 | |
| Cash Ratio | 0.023 | 0.018 | 0.020 | 0.023 | 0.107 | |
| Price To Earnings Ratio | -3.448 | 18.485 | 11.828 | 6.278 | 6.925 | |
| Price To Earnings Growth Ratio | 0.006 | -0.426 | -0.263 | 0.341 | 0.025 | |
| Forward Price To Earnings Growth Ratio | 0.006 | -0.426 | -0.263 | 0.341 | 0.025 | |
| Price To Earnings Diluted Ratio | -3.448 | 18.485 | 11.828 | 6.293 | 6.944 | |
| Price To Earnings Diluted Growth Ratio | 0.006 | -0.426 | -0.263 | 0.340 | 0.025 | |
| Price To Book Ratio | 0.818 | 0.744 | 0.770 | 0.784 | 0.840 | |
| Price To Sales Ratio | 0.989 | 0.969 | 1.199 | 1.362 | 1.779 | |
| Price To Free Cash Flow Ratio | 3.845 | 3.118 | 4.177 | 2.441 | 1.680 | |
| Price To Operating Cash Flow Ratio | 3.681 | 2.996 | 3.942 | 2.407 | 1.666 | |
| Debt To Assets Ratio | 0.058 | 0.056 | 0.077 | 0.082 | 0.072 | |
| Debt To Equity Ratio | 0.672 | 0.595 | 0.763 | 0.849 | 0.808 | |
| Debt To Capital Ratio | 0.402 | 0.373 | 0.433 | 0.459 | 0.447 | |
| Long Term Debt To Capital Ratio | 0.361 | 0.321 | 0.346 | 0.377 | 0.404 | |
| Financial Leverage Ratio | 11.518 | 10.560 | 9.935 | 10.356 | 11.213 | |
| Working Capital Turnover Ratio | -0.104 | -0.109 | -0.099 | -0.092 | -0.078 | |
| Operating Cash Flow Ratio | 0.023 | 0.028 | 0.023 | 0.037 | 0.053 | |
| Operating Cash Flow Sales Ratio | 0.269 | 0.323 | 0.304 | 0.566 | 1.068 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.957 | 0.961 | 0.944 | 0.986 | 0.992 | |
| Debt Service Coverage Ratio | -0.477 | 0.185 | 0.209 | 0.476 | 0.913 | |
| Interest Coverage Ratio | -0.683 | 0.247 | 0.523 | 2.345 | 3.288 | |
| Short Term Operating Cash Flow Coverage Ratio | 2.088 | 2.018 | 0.836 | 1.338 | 4.354 | |
| Operating Cash Flow Coverage Ratio | 0.331 | 0.417 | 0.256 | 0.383 | 0.623 | |
| Capital Expenditure Coverage Ratio | 23.509 | 25.583 | 17.711 | 71.200 | 123.046 | |
| Dividend Paid And Capex Coverage Ratio | 2.997 | 4.117 | 3.497 | 7.588 | 11.991 | |
| Dividend Payout Ratio | -0.294 | 0.946 | 0.580 | 0.290 | 0.310 | |
| Enterprise Value Multiple | -7.838 | 13.955 | 10.724 | 7.449 | 3.643 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 57.4% | ▲14.2% | ▼-4.7% |
| Ebit Margin | -22.1% | ▼-30.7% | ▼-35.2% |
| Ebitda Margin | -19.5% | ▼-30.5% | ▼-35.8% |
| Operating Profit Margin | -22.1% | ▼-30.7% | ▼-35.2% |
| Pretax Profit Margin | -24.6% | ▼-33.1% | ▼-37.2% |
| Continuous Operations Profit Margin | -26.6% | ▼-33.6% | ▼-34.8% |
| Net Profit Margin | -26.6% | ▼-33.6% | ▼-34.8% |
| Bottom Line Profit Margin | -30.0% | ▼-35.3% | ▼-36.6% |
| Current Ratio | 0.263 | ▲0.034 | ▲0.010 |
| Quick Ratio | 0.263 | ▲0.034 | ▲0.010 |
| Solvency Ratio | -0.019 | ▼-0.026 | ▼-0.025 |
| Cash Ratio | 0.023 | ▲0.005 | ▼-0.015 |
| Price To Earnings Ratio | -3.448 | ▼-21.933 | ▼-11.461 |
| Price To Earnings Growth Ratio | 0.006 | ▲0.432 | ▲0.070 |
| Forward Price To Earnings Growth Ratio | 0.006 | ▲0.432 | ▲0.070 |
| Price To Earnings Diluted Ratio | -3.448 | ▼-21.933 | ▼-11.468 |
| Price To Earnings Diluted Growth Ratio | 0.006 | ▲0.432 | ▲0.070 |
| Price To Book Ratio | 0.818 | ▲0.074 | ▲0.027 |
| Price To Sales Ratio | 0.989 | ▲0.021 | ▼-0.270 |
| Price To Free Cash Flow Ratio | 3.845 | ▲0.727 | ▲0.792 |
| Price To Operating Cash Flow Ratio | 3.681 | ▲0.685 | ▲0.743 |
| Debt To Assets Ratio | 0.058 | ▲0.002 | ▼-0.011 |
| Debt To Equity Ratio | 0.672 | ▲0.077 | ▼-0.065 |
| Debt To Capital Ratio | 0.402 | ▲0.029 | ▼-0.021 |
| Long Term Debt To Capital Ratio | 0.361 | ▲0.041 | ▼-0.001 |
| Financial Leverage Ratio | 11.518 | ▲0.958 | ▲0.802 |
| Working Capital Turnover Ratio | -0.104 | ▲0.005 | ▼-0.007 |
| Operating Cash Flow Ratio | 0.023 | ▼-0.005 | ▼-0.010 |
| Operating Cash Flow Sales Ratio | 0.269 | ▼-0.054 | ▼-0.237 |
| Free Cash Flow Operating Cash Flow Ratio | 0.958 | ▼-0.003 | ▼-0.011 |
| Debt Service Coverage Ratio | -0.477 | ▼-0.661 | ▼-0.738 |
| Interest Coverage Ratio | -0.683 | ▼-0.931 | ▼-1.827 |
| Short Term Operating Cash Flow Coverage Ratio | 2.088 | ▲0.071 | ▼-0.039 |
| Operating Cash Flow Coverage Ratio | 0.331 | ▼-0.087 | ▼-0.071 |
| Capital Expenditure Coverage Ratio | 23.509 | ▼-2.074 | ▼-28.701 |
| Dividend Paid And Capex Coverage Ratio | 2.997 | ▼-1.120 | ▼-3.041 |
| Dividend Payout Ratio | -0.294 | ▼-1.240 | ▼-0.661 |
| Enterprise Value Multiple | -7.838 | ▼-21.793 | ▼-13.425 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $462.6M | $528.9M | $609.5M | $594.7M | $557.3M | |
| Enterprise value | $715.6M | $838.1M | $1.08B | $1.09B | $420.6M | |
| EV / Sales | 1.53x | 1.53x | 2.12x | 2.49x | 1.34x | |
| EV / Op. cash flow | 5.69x | 4.75x | 6.98x | 4.39x | 1.26x | |
| EV / Free cash flow | 5.95x | 4.94x | 7.40x | 4.46x | 1.27x | |
| EV / EBITDA | -7.84x | 13.96x | 10.72x | 7.45x | 3.64x | |
| Net debt / EBITDA | -2.77x | 5.15x | 4.67x | 3.37x | -1.18x | |
| Current ratio | 0.26x | 0.23x | 0.23x | 0.22x | 0.32x | |
| Income quality | -1.01x | 4.64x | 2.05x | 2.50x | 4.11x | |
| Graham number | — | $36 | $47 | $59 | $49 | |
| Graham net-net | -$206 | -$250 | -$256 | -$259 | -$217 | |
| Tax burden | 108.2% | 81.1% | 69.5% | 76.3% | 82.0% | |
| Interest burden | 111.3% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Working capital | -$4.04B | -$4.94B | -$5.06B | -$5.20B | -$4.26B | |
| Invested capital | -$3.93B | -$4.66B | -$4.78B | -$4.93B | -$3.96B | |
| Return on assets | -1.9% | 0.5% | 0.8% | 1.3% | 1.1% | |
| Operating ROA | -1.5% | 0.6% | 1.1% | 1.7% | 1.4% | |
| Return on tangible assets | -1.9% | 0.5% | 0.8% | 1.3% | 1.1% | |
| Return on equity | -22.0% | 5.4% | 7.7% | 13.2% | 12.2% | |
| Return on invested capital | -9.5% | 3.2% | 4.2% | 7.1% | 6.6% | |
| Return on capital employed | -10.0% | 4.3% | 7.0% | 10.7% | 8.5% | |
| Earnings yield | -26.9% | 7.2% | 10.0% | 16.9% | 14.6% | |
| Free cash flow yield | 26.0% | 32.1% | 23.9% | 41.0% | 59.5% | |
| Capex / Op. cash flow | 4.3% | 3.9% | 5.6% | 1.4% | 0.8% | |
| Capex / Depreciation | 44.7% | 52.5% | 68.6% | 24.1% | 16.6% | |
| Capex / Sales | 1.1% | 1.3% | 1.7% | 0.8% | 0.9% | |
| SG&A / Sales | 26.9% | 18.8% | 19.9% | 22.2% | 29.8% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 0.6% | 0.6% | 0.5% | 0.5% | 0.6% | |
| Intangibles / Total assets | 0.4% | 2.6% | 2.5% | 2.3% | 2.9% | |
| Days sales outstanding | 19d | 269d | 358d | 428d | 516d | |
| Days payables outstanding | 0d | 146d | 161d | 221d | 1022d | |
| Operating cycle | 19d | 269d | 358d | 428d | 516d | |
| Cash conversion cycle | 19d | 123d | 197d | 208d | -506d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-10-15 Midland States Bancorp (MSBI) Reports Next Week: Wall Street Expects Earnings Growth Midland States Bancorp (MSBI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 2026-10-13 Midland States Bancorp, Inc. (NASDAQ:MSBI) Stock Rated “Hold” by Wall Street Analysts Shares of Midland States Bancorp, Inc. (NASDAQ: MSBI - Get Free Report) have earned an average rating of "Hold" from the five brokerages that are presently covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a hold rating. The average 12-month price target among analysts that have covered the stock in the last
- 2026-10-12 Why Midland States Bancorp (MSBI) is a Top Dividend Stock for Your Portfolio Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Midland States Bancorp (MSBI) have what it takes?
- 2026-10-08 Midland States Bancorp, Inc. to Announce Third Quarter 2026 Financial Results on Thursday, October 22 EFFINGHAM, Ill., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) announced today that it will issue its third quarter 2026 financial results after market close on Thursday, October 22, 2026.
- 2026-10-06 Midland States Bancorp Files Universal Shelf Registration Statement EFFINGHAM, Ill., Oct. 06, 2026 (GLOBE NEWSWIRE) -- Midland States Bancorp, Inc. (Nasdaq: MSBI) announced today that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). The registration statement, once declared effective by the SEC, is intended to provide the Company with flexibility to access the capital markets in an efficient manner.
- 2026-09-24 Midland States Bancorp (MSBI) is a Top Dividend Stock Right Now: Should You Buy? Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Midland States Bancorp (MSBI) have what it takes?
- 2026-09-17 Reviewing Origin Bancorp (NYSE:OBK) and Midland States Bancorp (NASDAQ:MSBI) Midland States Bancorp (NASDAQ: MSBI - Get Free Report) and Origin Bancorp (NYSE: OBK - Get Free Report) are both small-cap finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, profitability, valuation, institutional ownership, earnings and dividends. Risk and Volatility Midland States Bancorp
- 2026-09-02 Deutsche Bank AG Acquires Shares of 18,971 Midland States Bancorp, Inc. $MSBI Deutsche Bank AG bought a new position in Midland States Bancorp, Inc. (NASDAQ: MSBI) during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 18,971 shares of the financial services provider''s stock, valued at approximately $591,000. Deutsche Bank AG owned
- 2026-08-30 69,309 Shares in Midland States Bancorp, Inc. $MSBI Bought by Connor Clark & Lunn Investment Management Ltd. Connor Clark and Lunn Investment Management Ltd. acquired a new stake in Midland States Bancorp, Inc. (NASDAQ: MSBI) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 69,309 shares of the financial services provider''s stock, valued at approximately $2,158,000. Connor Clark and Lunn Investment
- 2026-08-27 Algert Global LLC Purchases 63,314 Shares of Midland States Bancorp, Inc. $MSBI Algert Global LLC lifted its position in Midland States Bancorp, Inc. (NASDAQ: MSBI) by 46.1% in the undefined quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 200,545 shares of the financial services provider''s stock after acquiring an additional 63,314 shares during the period. Algert Global LLC