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How to buy Midland States Bancorp stock

Learn how to easily invest in Midland States Bancorp stock.

Midland States Bancorp Inc is a banks-regional business based in the US. Midland States Bancorp shares (MSBI) are listed on the NASDAQ and all prices are listed in US Dollars. Midland States Bancorp employs 932 staff and has a trailing 12-month revenue of around $288.2 million.

How to buy shares in Midland States Bancorp

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MSBI – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

Midland States Bancorp stock price (NASDAQ: MSBI)

Use our graph to track the performance of MSBI stocks over time.

Midland States Bancorp shares at a glance

Information last updated 2022-09-24.
Latest market close$23.57
52-week range$22.83 - $29.83
50-day moving average $26.19
200-day moving average $26.69
Wall St. target price$30.38
PE ratio 6.557
Dividend yield $1.14 (4.61%)
Earnings per share (TTM) $3.77

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Midland States Bancorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Midland States Bancorp price performance over time

Historical closes compared with the close of $23.57 from 2022-09-30

1 week (2022-09-23) -4.65%
1 month (2022-09-02) -5.23%
3 months (2022-07-01) -4.19%
6 months (2022-04-01) -18.50%
1 year (2021-10-01) -6.95%
2 years (2020-10-02) 73.18%
3 years (2019-10-02) 25.54
5 years (2017-10-02) 32.3

Is Midland States Bancorp stock undervalued or overvalued?

Valuing Midland States Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Midland States Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Midland States Bancorp's P/E ratio

Midland States Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Midland States Bancorp shares trade at around 7x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Midland States Bancorp's PEG ratio

Midland States Bancorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.2. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Midland States Bancorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Midland States Bancorp financials

Revenue TTM $288.2 million
Operating margin TTM 44.9%
Gross profit TTM $281.7 million
Return on assets TTM 1.21%
Return on equity TTM 13.28%
Profit margin 29.59%
Book value $28.84
Market capitalisation $545.5 million

TTM: trailing 12 months

Midland States Bancorp share dividends

31%

Dividend payout ratio: 30.5% of net profits

Recently Midland States Bancorp has paid out, on average, around 30.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.61% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Midland States Bancorp shareholders could enjoy a 4.61% return on their shares, in the form of dividend payments. In Midland States Bancorp's case, that would currently equate to about $1.14 per share.

While Midland States Bancorp's payout ratio might seem fairly standard, it's worth remembering that Midland States Bancorp may be investing much of the rest of its net profits in future growth.

Midland States Bancorp's most recent dividend payout was on 26 August 2022. The latest dividend was paid out to all shareholders who bought their shares by 18 August 2022 (the "ex-dividend date").

Midland States Bancorp share price volatility

Over the last 12 months, Midland States Bancorp's shares have ranged in value from as little as $22.8332 up to $29.8303. A popular way to gauge a stock's volatility is its "beta".

MSBI.US volatility(beta: 0.89)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Midland States Bancorp's is 0.8929. This would suggest that Midland States Bancorp's shares are less volatile than average (for this exchange).

Midland States Bancorp overview

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.

Frequently asked questions

What percentage of Midland States Bancorp is owned by insiders or institutions?
Currently 4.712% of Midland States Bancorp shares are held by insiders and 63.043% by institutions.
How many people work for Midland States Bancorp?
Latest data suggests 932 work at Midland States Bancorp.
When does the fiscal year end for Midland States Bancorp?
Midland States Bancorp's fiscal year ends in December.
Where is Midland States Bancorp based?
Midland States Bancorp's address is: 1201 Network Centre Drive, Effingham, IL, United States, 62401
What is Midland States Bancorp's ISIN number?
Midland States Bancorp's international securities identification number is: US5977421057
What is Midland States Bancorp's CUSIP number?
Midland States Bancorp's Committee on Uniform Securities Identification Procedures number is: 597742105

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