MSBI Midland States Bancorp, Inc. - Common Stock
NASDAQ · Banking · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Apr 30, 2026MSBI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
MSBI Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | MSBI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/B (MRQ) | 1.2 | · | 1.2 | Undervalued | |
| Price / Tangible Book (MRQ) | 1.3 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Not enough fundamentals data to compute this ratio group yet.
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | MSBI | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.3 | · | 0.3 | Low debt |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Not enough fundamentals data to compute this ratio group yet.
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Not enough fundamentals data to compute this ratio group yet.
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Aug 14, 2026 | $0.33 | USD | ≈3.9% |
| May 15, 2026 | $0.32 | USD | ≈4.8% |
| Feb 13, 2026 | $0.32 | USD | ≈5.6% |
| Nov 14, 2025 | $0.32 | USD | ≈7.8% |
| Aug 15, 2025 | $0.32 | USD | ≈7.2% |
| May 16, 2025 | $0.31 | USD | ≈6.9% |
| Feb 14, 2025 | $0.31 | USD | ≈6.4% |
| Nov 18, 2024 | $0.31 | USD | ≈4.7% |
| Aug 16, 2024 | $0.31 | USD | ≈5.7% |
| May 16, 2024 | $0.31 | USD | ≈5.2% |
| Feb 15, 2024 | $0.31 | USD | ≈4.8% |
| Nov 16, 2023 | $0.30 | USD | ≈5.2% |
| Aug 10, 2023 | $0.30 | USD | ≈5.2% |
| May 11, 2023 | $0.30 | USD | ≈6.3% |
| Feb 16, 2023 | $0.30 | USD | ≈4.5% |
| Nov 10, 2022 | $0.29 | USD | ≈4.1% |
| Aug 18, 2022 | $0.29 | USD | ≈4.1% |
| May 12, 2022 | $0.29 | USD | ≈4.5% |
| Feb 10, 2022 | $0.29 | USD | ≈3.8% |
| Nov 19, 2021 | $0.28 | USD | ≈4.5% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Jul 22, 2026 | $0.82 | $0.80 | 2.7% |
| March 31, 2026 | $0.79 | $0.63 | 24.5% | |
| Dec. 31, 2025 | $0.53 | $0.70 | -24.3% | |
| Sept. 30, 2025 | $0.24 | $0.66 | -63.4% | |
| June 30, 2025 | $0.44 | $0.64 | -31.4% | |
| March 31, 2025 | $0.49 | $0.56 | -13.0% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
We don't have SEC filings for this ticker yet.
Income Statement
| Metric | Trend | Q1 2026 | Q1 2025 |
|---|---|---|---|
| Interest Income | $86M | $99M | |
| Pretax Income | $24M | $-138M | |
| Income Tax | $6M | $3M | |
| Net Income | $18M | $-141M | |
| EPS (Basic) | $0.74 | $-6.58 | |
| EPS (Diluted) | $0.74 | $-6.58 | |
| Shares (Basic) | 21,301,246 | 21,795,570 | |
| Shares (Diluted) | 21,301,246 | 21,795,570 |
Balance Sheet
| Metric | Trend | Q1 2026 | Q1 2025 |
|---|---|---|---|
| Cash & Equivalents | $114M | · | |
| PP&E (Net) | $84M | · | |
| PP&E (Gross) | $149M | · | |
| Accum. Depreciation | $65M | · | |
| Goodwill | $8M | · | |
| Intangibles | $8M | · | |
| Total Assets | $6.55B | · | |
| Short-term Debt | $153M | · | |
| Total Liabilities | $5.99B | · | |
| Total Debt | $153M | · | |
| Common Stock | $208.0K | · | |
| Paid-in Capital | $422M | · | |
| Retained Earnings | $96M | · | |
| AOCI | $-70M | · | |
| Stockholders' Equity | $559M | · | |
| Liabilities + Equity | $6.55B | · | |
| Shares Outstanding | 20,813,975 | · |
Cash Flow
| Metric | Trend | Q1 2026 | Q1 2025 |
|---|---|---|---|
| Amort. of Intangibles | $717.0K | $911.0K | |
| Operating Cash Flow | $17M | $25M | |
| CapEx | $619.0K | $2M | |
| Investing Cash Flow | $-68M | $39M | |
| Stock Repurchased | $8M | $0 | |
| Net Stock Activity | $-8M | · | |
| Dividends Paid | $7M | $7M | |
| Financing Cash Flow | $37M | $-77M | |
| Net Change in Cash | $-14M | $-13M | |
| Taxes Paid | $302.0K | $754.0K | |
| Free Cash Flow | $16M | · |
Profitability
| Metric | Trend | Q1 2026 | Q1 2025 |
|---|---|---|---|
| Net Margin | 23.2% | · | |
| Pretax Margin | 30.3% | · | |
| ROA | 0.27% | · | |
| ROE | 3.3% | · |
Liquidity & Solvency
| Metric | Trend | Q1 2026 | Q1 2025 |
|---|---|---|---|
| Debt / Equity | 0.3 | · |
Efficiency
| Metric | Trend | Q1 2026 | Q1 2025 |
|---|---|---|---|
| Asset Turnover | 0.0 | · |
Per Share
| Metric | Trend | Q1 2026 | Q1 2025 |
|---|---|---|---|
| Book Value / Share | $26.85 | · | |
| Revenue / Share | $3.73 | · | |
| Cash Flow / Share | $0.80 | · | |
| Cash / Share | $5.46 | · | |
| Dividend / Share | $0.32 | $0.31 | |
| EPS (TTM) | $1.20 | · |
Valuation (TTM)
| Metric | Trend | Q1 2026 | Q1 2025 |
|---|---|---|---|
| Revenue TTM | $328M | · | |
| Net Income TTM | $35M | · | |
| Market Cap | $464M | · | |
| Enterprise Value | $504M | · | |
| P/E | 18.6 | · | |
| P/S | 1.4 | · | |
| P/B | 0.8 | · | |
| P / Tangible Book | 0.9 | · | |
| P / Cash Flow | 27.4 | · | |
| EV / Revenue | 1.5 | · | |
| Dividend Yield | 6.0% | · | |
| Earnings Yield | 5.4% | · | |
| Payout Ratio | 37.3% | · | |
| Annual Payout | $28M | · |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Not enough fundamentals data to build this statement yet.
Not enough fundamentals data to build this statement yet.
Not enough fundamentals data to build this statement yet.
Institutional owners (13F) 161 filers · $458.6M total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 27 (+7 vs prior Q) | 9 (-4 vs prior Q) | 50 (-6 vs prior Q) | 44 (+6 vs prior Q) | +665K |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| BlackRock, Inc. | $90,949,579 | 2,920,667 | 19.83% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $26,761,085 | 859,377 | 5.84% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $26,386,572 | 847,353 | 5.75% | Shares |
| VANGUARD GROUP INC | $25,995,362 | 1,227,934 | 5.67% | Shares |
| Busey Bank | $23,644,166 | 759,286 | 5.16% | Shares |
| STATE STREET CORP | $21,614,492 | 694,107 | 4.71% | Shares |
| AMERICAN CENTURY COMPANIES INC | $17,554,178 | 563,718 | 3.83% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $16,735,505 | 537,292 | 3.65% | Shares |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $16,109,781 | 517,334 | 3.51% | Shares |
| Patriot Financial Partners GP II, L.P. | $13,654,890 | 438,500 | 2.98% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $10,614,443 | 340,862 | 2.31% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $7,853,197 | 252,190 | 1.71% | Shares |
| GOLDMAN SACHS GROUP INC | $7,759,309 | 249,175 | 1.69% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $7,708,271 | 247,536 | 1.68% | Shares |
| ProShare Advisors LLC | $7,085,565 | 227,539 | 1.55% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $6,978,692 | 224,107 | 1.52% | Shares |
| TWO SIGMA INVESTMENTS, LP | $6,445,046 | 206,970 | 1.41% | Shares |
| ALGERT GLOBAL LLC | $6,244,971 | 200,545 | 1.36% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $5,429,757 | 174,366 | 1.18% | Shares |
| MALTESE CAPITAL MANAGEMENT LLC | $5,016,654 | 161,100 | 1.09% | Shares |
| NORTHERN TRUST CORP | $4,966,924 | 159,503 | 1.08% | Shares |
| MORGAN STANLEY | $4,495,378 | 144,360 | 0.98% | Shares |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $4,238,746 | 136,119 | 0.92% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $4,194,340 | 134,693 | 0.91% | Shares |
| Bank of New York Mellon Corp | $3,940,841 | 126,552 | 0.86% | Shares |
| BANK OF AMERICA CORP /DE/ | $3,545,475 | 113,856 | 0.77% | Shares |
| Nuveen, LLC | $3,032,631 | 97,387 | 0.66% | Shares |
| FEDERATED HERMES, INC. | $3,030,608 | 97,322 | 0.66% | Shares |
| SEGALL BRYANT & HAMILL, LLC | $2,928,468 | 94,042 | 0.64% | Shares |
| Empowered Funds, LLC | $2,893,498 | 92,919 | 0.63% | Shares |
| AMERIPRISE FINANCIAL INC | $2,889,698 | 92,797 | 0.63% | Shares |
| CITADEL ADVISORS LLC | $2,434,027 | 78,164 | 0.53% | Shares |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $2,261,168 | 72,613 | 0.49% | Shares |
| MILLENNIUM MANAGEMENT LLC | $2,213,058 | 71,068 | 0.48% | Shares |
| TWO SIGMA ADVISERS, LP | $2,210,148 | 104,400 | 0.48% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $2,158,282 | 69,309 | 0.47% | Shares |
| Rhino Investment Partners, Inc | $2,119,482 | 68,063 | 0.46% | Shares |
| ROYAL BANK OF CANADA | $2,106,000 | 67,624 | 0.46% | Shares |
| Quantinno Capital Management LP | $2,046,313 | 65,713 | 0.45% | Shares |
| D. E. Shaw & Co., Inc. | $1,963,782 | 63,063 | 0.43% | Shares |
| HSBC HOLDINGS PLC | $1,819,609 | 58,716 | 0.40% | Shares |
| Creative Planning | $1,739,979 | 55,876 | 0.38% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $1,721,108 | 55,270 | 0.38% | Shares |
| IEQ CAPITAL, LLC | $1,714,039 | 55,043 | 0.37% | Shares |
| UBS Group AG | $1,670,256 | 53,637 | 0.36% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $1,660,852 | 53,335 | 0.36% | Shares |
| BARCLAYS PLC | $1,613,676 | 51,820 | 0.35% | Shares |
| Trexquant Investment LP | $1,608,568 | 51,656 | 0.35% | Shares |
| Russell Investments Group, Ltd. | $1,478,378 | 47,475 | 0.32% | Shares |
| MARTINGALE ASSET MANAGEMENT L P | $1,463,954 | 47,012 | 0.32% | Shares |
Activists & 5%+ owners 1 position
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| R. Robert Funderburg, Jr. | May 18, 2018 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 31 insiders · 14 officers · 18 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Jeffrey G. Ludwig | President & CEO | March 31, 2026 A | 400,971 | 0 | 0 | $0 |
| Claire Ann Stack | EVP - Chief Financial Officer | May 12, 2026 A | 7,998 | 0 | 0 | $0 |
| Eric Lemke | Chief Financial Officer | Nov. 7, 2025 F | 42,119 | 0 | 0 | $0 |
| Stephen A. Erickson | Chief Financial Officer | Aug. 2, 2019 M | 11,128 | 0 | 0 | $0 |
| Kevin L Thompson | Chief Financial Officer | Sept. 29, 2017 A | 3,109 | 0 | 0 | $0 |
| Jeffrey S. Mefford | President | Nov. 7, 2025 F | 77,211 | 0 | 0 | $0 |
| Kyle Owen Mooney | SVP - Chief Operating Officer | Aug. 11, 2026 M | 14,099 | 0 | 2 | $-103,802 |
| Jeremy Andrew Jameson | EVP - Chief Credit Officer | May 5, 2026 F | 63,212 | 1 | 0 | $99,029 |
| Daniel Edward Casey | CROF | May 1, 2026 F | 28,050 | 2 | 0 | $89,440 |
| Donald J. Spring | Chief Accounting Officer | Nov. 7, 2025 F | 9,082 | 0 | 0 | $0 |
| Douglas J. Tucker | SVP Corporate Counsel | Nov. 7, 2024 A | 39,058 | 0 | 0 | $0 |
| Jeffrey A. Brunoehler | SVP Credit - CCO | Nov. 7, 2023 F | 31,030 | 0 | 0 | $0 |
| James Randall Stewart | Chief Risk Officer | Nov. 8, 2022 F | 26,497 | 0 | 0 | $0 |
| Sharon A. Schaubert | SVP Banking Services | Nov. 16, 2020 F | 28,547 | 0 | 0 | $0 |
| Travis Franklin | Director | May 5, 2026 P | 9,400 | 1 | 0 | $249,006 |
| Gerald Joseph Carlson | Director | March 31, 2026 A | 4,000 | 0 | 0 | $0 |
| Richard Dean Bingham | Director | March 31, 2026 A | 27,700 | 2 | 0 | $175,600 |
| Jennifer Dimotta | Director | March 31, 2026 A | 6,799 | 0 | 0 | $0 |
| Jeffrey M Mcdonnell | Director | March 31, 2026 A | 1,987 | 0 | 0 | $0 |
| Richard T Ramos | Director | March 31, 2026 A | 20,103 | 0 | 0 | $0 |
| Jerry L. Mcdaniel | Director | March 31, 2026 A | 8,258 | 0 | 0 | $0 |
| Jeffrey C. Smith | Director | March 31, 2026 A | 34,109 | 1 | 0 | $8,845 |
| Robert F. Schultz | Director | March 31, 2026 A | 34,715 | 0 | 0 | $0 |
| Deborah A Golden | Director | Sept. 30, 2024 A | 14,377 | 0 | 0 | $0 |
| Sherina M. Edwards | Director | June 30, 2024 A | 5,660 | 0 | 0 | $0 |
| Dwight A Miller | Director | March 31, 2023 A | · | 0 | 0 | $0 |
| John M Schultz | Director | Sept. 30, 2020 A | 288,426 | 0 | 0 | $0 |
| Leon J Holschbach | Director | March 31, 2020 M | 152,420 | 0 | 0 | $0 |
| Robert R. Funderburg Jr | Director | May 3, 2019 S | 411,862 | 0 | 0 | $0 |
| Thomas D Shaw | Director | March 29, 2018 A | 2,900 | 0 | 0 | $0 |
| Lawrence A Schiffer | Director | May 27, 2016 S | 50,000 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 32 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| MYLD · Cambria ETF Trust | 1.06% | 10,723 NS | July 31, 2026 | N-PORT |
| VFMF · VANGUARD WELLINGTON FUND | 0.20% | 45,164 SH | Aug. 19, 2026 | Daily |
| IWC · iShares Trust | 0.16% | 67,338 SH | Sept. 11, 2026 | Daily |
| EBIT · Harbor ETF Trust | 0.11% | 408 NS | July 31, 2026 | N-PORT |
| VFQY · VANGUARD WELLINGTON FUND | 0.09% | 13,050 SH | Aug. 19, 2026 | Daily |
| DPST · Direxion Shares ETF Trust | 0.08% | 10,377 NS | July 31, 2026 | N-PORT |
| VFVA · VANGUARD WELLINGTON FUND | 0.06% | 15,206 SH | Aug. 19, 2026 | Daily |
| PFF · iShares Trust | 0.06% | 277,363 SH | Sept. 11, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.04% | 17,028 SH | Aug. 19, 2026 | Daily |
| VRP · Invesco Exchange-Traded Fund Trust … | 0.04% | 47,859 | Oct. 2, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.03% | 21,394 SH | Oct. 2, 2026 | Daily |
| DFSV · Dimensional ETF Trust | 0.02% | 58,229 NS | July 31, 2026 | N-PORT |
| IWM · iShares Trust | 0.02% | 509,790 SH | Sept. 11, 2026 | Daily |
| RSSL · Global X Funds | 0.02% | 9,326 NS | July 31, 2026 | N-PORT |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.02% | 112,636 SH | Aug. 19, 2026 | Daily |
| DFAS · Dimensional ETF Trust | 0.02% | 71,355 NS | July 31, 2026 | N-PORT |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.01% | 1,020 SH | Oct. 2, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.01% | 238,519 SH | Aug. 19, 2026 | Daily |
| VFH · VANGUARD WORLD FUND | 0.01% | 33,131 SH | Aug. 19, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.01% | 1,016 NS | July 31, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.00% | 56,091 NS | July 31, 2026 | N-PORT |
| DFAT · Dimensional ETF Trust | 0.00% | 16,090 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.00% | 2,400 NS | July 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.00% | 5,771 NS | July 31, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.00% | 1,012 NS | July 31, 2026 | N-PORT |
| ITOT · iShares Trust | 0.00% | 31,113 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.00% | 6,399 SH | Sept. 11, 2026 | Daily |
| DFUS · Dimensional ETF Trust | 0.00% | 5,490 NS | July 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 589,029 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 1,759 SH | Aug. 19, 2026 | Daily |
| IWN · iShares Trust | · | 185,190 SH | Sept. 11, 2026 | Daily |
| SVAL · iShares Trust | · | 23,381 SH | Sept. 3, 2026 | Daily |
MSBI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
4 analysts · 2026-10-02Mean target $33.25 +0.3%
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| MSBI | · | · | · | · | · | · |
| TCBX | $528M | 10.0 | 21.9% | 31.7% | 12.9% | · |
| CWBC | $431M | 11.2 | 25.6% | 26.0% | 9.7% | · |
| BCAL | $605M | 9.7 | 41.0% | 35.0% | 11.2% | · |
| AROW | · | 11.8 | 17.6% | · | · | · |
| PFIS | $487M | 8.3 | 39.7% | 31.5% | 11.7% | · |
| CARE | $434M | 14.2 | 4.7% | 154.4% | 7.6% | · |
| RRBI | $470M | 11.2 | 14.4% | 34.1% | 12.2% | · |
| CBNK | $461M | 8.3 | 31.7% | 23.3% | 14.6% | · |
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