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Midland States Bancorp, Inc. MSBIP
Financial Services - Banks - Regional - NASDAQ - US
Watchlist
$ 22.7
0.0441 %
$ 486 M
Market Cap
6.07
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one MSBIP stock under the worst case scenario is HIDDEN Compared to the current market price of 22.7 USD, Midland States Bancorp, Inc. is HIDDEN

MSBIP Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one MSBIP stock under the base case scenario is HIDDEN Compared to the current market price of 22.7 USD, Midland States Bancorp, Inc. is HIDDEN

MSBIP Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one MSBIP stock under the best case scenario is HIDDEN Compared to the current market price of 22.7 USD, Midland States Bancorp, Inc. is HIDDEN

MSBIP Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart MSBIP

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1M -3%
6M -6%
1Y -2%
3Y --%
5Y --%
All
$24.2$24.2$24.0$24.0$23.8$23.8$23.6$23.6$23.4$23.4$23.2$23.2$23.0$23.0$22.8$22.8$22.6$22.6$22.4$22.4$22.2$22.2$22.0$22.015 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '25
FINANCIALS
546 M REVENUE
17.01%
Growth Rates
1Year 17.01%
3Years 20.35%
5Years 10.80%
7Years 14.59%
10Years 19.87%
-22.9 M OPERATING INCOME
-21.29%
Growth Rates
1Year -21.29%
3Years -7.18%
5Years -5.65%
7Years -9.31%
10Years -9.51%
38 M NET INCOME
-49.58%
Growth Rates
1Year -49.58%
3Years -22.37%
5Years -7.37%
7Years 13.12%
10Years 13.40%
177 M OPERATING CASH FLOW
14.17%
Growth Rates
1Year 14.17%
3Years -19.18%
5Years -20.00%
7Years 14.02%
10Years 23.44%
137 M INVESTING CASH FLOW
279.69%
Growth Rates
1Year 279.69%
3Years 31.73%
5Years 18.88%
7Years 14.52%
10Years 16.34%
-334 M FINANCING CASH FLOW
-220.33%
Growth Rates
1Year -220.33%
3Years -19.13%
5Years -117.85%
7Years -15.66%
10Years -32.32%
17.8 M REVENUE
-90.27%
Growth Rates
1Year 17.01%
3Years 20.35%
5Years 10.80%
7Years 14.59%
10Years 19.87%
27.1 M OPERATING INCOME
1266.67%
Growth Rates
1Year -21.29%
3Years -7.18%
5Years -5.65%
7Years -9.31%
10Years -9.51%
14.8 M NET INCOME
1486.97%
Growth Rates
1Year -49.58%
3Years -22.37%
5Years -7.37%
7Years 13.12%
10Years 13.40%
0 OPERATING CASH FLOW
0.00%
Growth Rates
1Year 14.17%
3Years -19.18%
5Years -20.00%
7Years 14.02%
10Years 23.44%
0 INVESTING CASH FLOW
0.00%
Growth Rates
1Year 279.69%
3Years 31.73%
5Years 18.88%
7Years 14.52%
10Years 16.34%
0 FINANCING CASH FLOW
100.00%
Growth Rates
1Year -220.33%
3Years -19.13%
5Years -117.85%
7Years -15.66%
10Years -32.32%
Balance Sheet Midland States Bancorp, Inc.
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Current Assets 121 M
Cash & Short-Term Investments 1.32 B
Receivables 25.3 M
Other Current Assets -1.23 B
Non-Current Assets 260 M
Long-Term Investments 0
PP&E 85.7 M
Other Non-Current Assets 174 M
346.98 %22.50 %45.68 %Total Assets$380.9m
Current Liabilities 2.32 B
Accounts Payable 124 M
Short-Term Debt 87.5 M
Other Current Liabilities 2.1 B
Non-Current Liabilities 387 M
Long-Term Debt 387 M
Other Non-Current Liabilities 0
4.60 %3.24 %77.86 %14.31 %Total Liabilities$2.7b
EFFICIENCY
Earnings Waterfall Midland States Bancorp, Inc.
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Revenue 546 M
Cost Of Revenue 310 M
Gross Profit 236 M
Operating Expenses 101 M
Operating Income -22.9 M
Other Expenses -60.9 M
Net Income 38 M
600m600m500m500m400m400m300m300m200m200m100m100m00(100m)(100m)546m(310m)236m(101m)(23m)61m38mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
43.21% GROSS MARGIN
43.21%
Averages
1Year 43.21%
3Years 60.83%
5Years 68.65%
7Years 71.70%
10Years 76.12%
-4.19% OPERATING MARGIN
-4.19%
Averages
1Year -4.19%
3Years 17.73%
5Years 18.99%
7Years 19.19%
10Years 19.36%
-2.46% NET MARGIN
-2.46%
Averages
1Year -2.46%
3Years 13.29%
5Years 14.60%
7Years 14.77%
10Years 14.15%
-1.82% ROE
-1.82%
Averages
1Year -1.82%
3Years 6.92%
5Years 7.33%
7Years 7.36%
10Years 7.54%
-0.18% ROA
-0.18%
Averages
1Year -0.18%
3Years 0.68%
5Years 0.69%
7Years 0.73%
10Years 0.73%
1.49% ROIC
1.49%
Averages
1Year 1.49%
3Years 4.41%
5Years 4.21%
7Years 3.89%
10Years 3.70%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Midland States Bancorp, Inc.
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600m600m500m500m400m400m300m300m200m200m100m100m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 38 M
Depreciation & Amortization 13.2 M
Capital Expenditures -6.9 M
Stock-Based Compensation 3.03 M
Change in Working Capital 8.63 M
Others 122 M
Free Cash Flow 170 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Midland States Bancorp, Inc.
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MSBIP has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
1.81% DIVIDEND YIELD
0.484 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
2.50002.50002.00002.00001.50001.50001.00001.00000.50000.50000.00000.00000.48440.48440.48440.48440.48440.48440.48440.48440.6892.140.48441.940.48441.450.0020222022202320232024202420252025
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5. COMPETITION
slide 2 of 7
6. Ownership
Insider Ownership Midland States Bancorp, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
465 K USD 3
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
91.3 K USD 3
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
8. Profile Summary

Midland States Bancorp, Inc. MSBIP

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 486 M
Dividend Yield 1.81%
Description 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 through Banking, Wealth Management, and Other segments. The company accepts various deposits, such as checking, savings, money market, and sweep accounts, as well as certificates of deposits. It also offers term loans to purchase capital equipment; lines of credit for working capital and operational purposes; commercial real estate loans for owner occupied and non-owner occupied commercial property, as well as farmland loans; construction and land development loans developers of commercial real estate investment properties, residential developments, individual clients for construction of single family homes, as well as to construct owner-user properties; and residential real estate loans and home equity lines of credit.. In addition, the company provides consumer installment loans for the purchase of cars, boats, and other recreational vehicles, as well as for the purchase of major appliances and other home improvement projects; commercial equipment leasing; and trust and wealth management products and services, including 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. As of December 31, 2021, it operated 52 full-service banking offices. The company was founded in 1881 and is headquartered in Effingham, Illinois.
Contact 1201 Network Centre Drive, Effingham, IL, 62401 https://www.midlandsb.com
IPO Date Aug. 29, 2022
Employees 907
Officers Mr. Donald J. Spring Chief Accounting Officer & Corporate Controller Mr. Jeffrey S. Mefford Executive Vice President Gerald Maloney Chief Compliance Officer Mr. Kyle Mooney Chief Information Officer Shonna Kracinski Director of Human Resources Mr. Timothy J. Spitz Senior Vice President of Banking Mr. Daniel E. Casey Senior Vice President & Chief Risk Officer of Midland States Bank Mr. Danny Leon Stevenson C.F.A., CFA Executive Vice President of Consumer Banking and Wealth Management Mr. Eric T. Lemke CPA Chief Financial Officer Mr. Jeffrey G. Ludwig CPA President, Chief Executive Officer & Vice Chairman