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Midland States Bancorp, Inc.

MSBIFinancial ServicesNASDAQ

Banks - Regional

PriceMA150MA200
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Financials · Annual
Revenue
$290.4M
-18.5% YoY
Net Income
-$124.3M
-426.7% YoY

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About Midland States Bancorp, Inc.

Headquartered within the financial services sector, Midland States Bancorp, Inc. focuses on Banks - Regional services and products. 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. The company carries a $576.3M market cap, placing it firmly in the small-cap category. It operates in Banking and Wealth Management segments.

Key stats
Market Cap$576.3M
P/E (TTM)23.17
Fwd P/E8.88
EPS$1.20
Beta0.65
52W Change+68.1%
Dividend Yield4.59%
ROE6.2%
Analysis

Midland States Bancorp, Inc. carries $482.6M in total debt against $117.3M in cash reserves — debt is roughly 4.1x the cash position. Managing this leverage effectively will be important for long-term financial stability. ROE of 6.2% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 0.5% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $380.5M (2022) to $290.4M (2025), a 24% decline worth watching.

The relatively low beta of 0.65 suggests MSBI is a less volatile holding compared to the broader index. No single metric tells the full story. Reviewing MSBI's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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