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Upturn stock ratingUpturn stock rating
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Midland States Bancorp Inc (MSBI)

Upturn stock ratingUpturn stock rating
$17.32
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/30/2025: MSBI (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

4 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $18.33

1 Year Target Price $18.33

Analysts Price Target For last 52 week
$18.33Target price
Low$14.54
Current$17.32
high$27.17

Analysis of Past Performance

Type Stock
Historic Profit -27.13%
Avg. Invested days 34
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 382.11M USD
Price to earnings Ratio -
1Y Target Price 18.33
Price to earnings Ratio -
1Y Target Price 18.33
Volume (30-day avg) 4
Beta 0.71
52 Weeks Range 14.54 - 27.17
Updated Date 06/30/2025
52 Weeks Range 14.54 - 27.17
Updated Date 06/30/2025
Dividends yield (FY) 6.98%
Basic EPS (TTM) -1.05

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -7.16%
Operating Margin (TTM) 31.24%

Management Effectiveness

Return on Assets (TTM) -0.16%
Return on Equity (TTM) -1.63%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 1057986944
Price to Sales(TTM) 2.19
Enterprise Value 1057986944
Price to Sales(TTM) 2.19
Enterprise Value to Revenue 3.33
Enterprise Value to EBITDA -
Shares Outstanding 21503000
Shares Floating 20100608
Shares Outstanding 21503000
Shares Floating 20100608
Percent Insiders 5.16
Percent Institutions 65.95

Analyst Ratings

Rating 2
Target Price 18.33
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold 4
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Midland States Bancorp Inc

stock logo

Company Overview

overview logo History and Background

Midland States Bancorp, Inc. was founded in 1920 as Effingham Building Loan and Homestead Association. It has grown through acquisitions and organic expansion, evolving into a diversified financial services provider in the Midwest.

business area logo Core Business Areas

  • Commercial Banking: Offers lending, deposit, and cash management services to businesses, including commercial real estate and equipment financing.
  • Consumer Banking: Provides retail banking services such as checking and savings accounts, mortgages, and consumer loans.
  • Wealth Management: Offers financial planning, investment management, and trust services to individuals and families.

leadership logo Leadership and Structure

Leon Holschbach serves as the CEO of Midland States Bancorp, Inc. The company operates with a board of directors and a management team overseeing various business lines.

Top Products and Market Share

overview logo Key Offerings

  • Commercial Loans: Provides loans to businesses for various purposes. Market share data is not readily available, competition includes regional and national banks like BOKF, Commerce Bancshares. This is a core revenue driver for the bank.
  • Mortgages: Offers residential mortgage loans. Market share varies by region; Competitors are Rocket Mortgage and local mortgage lenders.
  • Deposit Accounts: Provides checking, savings, and money market accounts. Market share depends on local markets; competition includes online and traditional banks.

Market Dynamics

industry overview logo Industry Overview

The banking industry is currently facing challenges from rising interest rates, increasing regulatory scrutiny, and competition from fintech companies.

Positioning

Midland States Bancorp is a regional bank focused on serving the Midwest market. It differentiates itself through relationship banking and local market expertise.

Total Addressable Market (TAM)

TAM for community banking in the Midwest is estimated to be in the billions, reflecting the aggregate lending and deposit opportunities within this region. Midland States captures a portion of this TAM.

Upturn SWOT Analysis

Strengths

  • Strong community relationships
  • Experienced management team
  • Diversified revenue streams
  • Solid capital position

Weaknesses

  • Limited geographic footprint compared to national banks
  • Reliance on interest income
  • Higher cost structure compared to fintech lenders

Opportunities

  • Expansion into new markets
  • Increased adoption of digital banking solutions
  • Acquisition of smaller banks
  • Growth in wealth management services

Threats

  • Rising interest rates
  • Increased competition from online lenders
  • Economic downturn
  • Regulatory changes

Competitors and Market Share

competitor logo Key Competitors

  • BOKF (BOKF)
  • Commerce Bancshares (CBSH)

Competitive Landscape

Midland States Bancorp competes with regional and national banks, as well as online lenders. It differentiates itself through its focus on community banking and relationship-based services.

Major Acquisitions

Atterro, Inc

  • Year: 2021
  • Acquisition Price (USD millions): 82.5
  • Strategic Rationale: The Atterro acquisition diversified Midland States' revenue stream by expanding its fee-based revenue operations.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been driven by a combination of organic growth and acquisitions.

Future Projections: Future growth is expected to be moderate, with opportunities for expansion into new markets.

Recent Initiatives: Recent initiatives include investments in digital banking and expansion of wealth management services.

Summary

Midland States Bancorp is a regional bank focused on the Midwest, demonstrating steady growth through strategic acquisitions and organic expansion. While facing challenges from larger competitors and economic uncertainties, its community-focused approach and diversified services provide a solid foundation. Expanding digital capabilities and wealth management offer growth potential, but managing costs and adapting to regulatory changes will be crucial for future success. Overall the company is stable but needs to focus on modern finance demands.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings, industry reports, analyst estimates

Disclaimers:

The data provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Midland States Bancorp Inc

Exchange NASDAQ
Headquaters Effingham, IL, United States
IPO Launch date 2016-05-24
President, CEO & Vice Chairman Mr. Jeffrey G. Ludwig CPA
Sector Financial Services
Industry Banks - Regional
Full time employees -
Full time employees -

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 provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities. In addition, it offers construction and land development loans, such as real estate investment properties and residential developments, and lesser extent loans; and residential real estate loans, which includes first and second mortgage loans, and home equity lines of credit consisting of loans secured by first or second mortgages on primarily owner-occupied primary residences. The company also 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; and commercial equipment leasing programs for manufacturing, construction, transportation, and healthcare industries. Further, it offers merchant services; deposit products, including checking, savings, money market, and certificates of deposit, as well as sweep accounts; letters of credit; and trust and wealth management services, such as financial and estate planning, trustee and custodial, investment management, tax, insurance, and business planning, corporate retirement plan consulting and administration, and retail brokerage services. The company was founded in 1881 and is headquartered in Effingham, Illinois.