Midland States Bancorp Inc
Exchange: NASDAQSector: Financial ServicesIndustry: Banks - Regional
Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of December 31, 2024, the Company had total assets of approximately $7.53 billion, and its Wealth Management Group had assets under administration of approximately $4.15 billion. The Company provides a full range of commercial and consumer banking products and services and business equipment financing, merchant credit card services, trust and investment management, insurance and financial planning services.
Current Price
$26.55
-0.63%GoodMoat Value
$38.50
45.0% undervaluedProfile
Valuation (TTM)
Market Cap$557.27M
P/E21.24
EV—
P/B0.99
Shares Out20.99M
P/Sales2.03
Revenue$274.47M
EV/EBITDA16.18
Midland States Bancorp Inc (MSBI) Stock Analysis
Market Cap$557.27M
Current Price$26.55
P/E Ratio21.24
Forward P/E—
PEG Ratio-0.19
EPS$-6.12
Book Value$26.94
P/B Ratio0.99
MSBI Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use -22.0% FCF growth (CAGR)
Cash vs Debt
Net Debt: 304M
Revenue
248M
FY19
216M
FY20
274M
FY21
330M
FY22
281M
FY23
255M
FY24
265M
FY25
Net Income
56M
FY19
23M
FY20
81M
FY21
100M
FY22
61M
FY23
38M
FY24
—
FY25
MSBI 52-Week Range
$13.99
$28.00
50-Day MA: $23.48200-Day MA: $19.76
Did you know?
Earnings per share grew at a -7.4% CAGR.
Midland States Bancorp Inc (MSBI) Financial Summary
Midland States Bancorp Inc (MSBI) is a Financial Services company in the Banks - Regional industry, listed on NASDAQ. The stock currently trades at $26.55 with a market capitalization of $557.27M.
Key valuation metrics include a P/E ratio of 21.24, price-to-book ratio of 0.99, and EPS of $-6.12. The company reports a profit margin of 12.8% and return on equity of 6.2%.
MSBI Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $557.27M |
| P/E Ratio | 21.24 |
| EPS | $-6.12 |
| P/B Ratio | 0.99 |
| P/S Ratio | 2.03 |
| EV/EBITDA | 16.18 |
| Dividend Yield | 4.97% |
| Profit Margin | 12.8% |
| Return on Equity | 6.2% |
| Debt/Equity | 0.76 |
MSBI Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $248.11M | $55.78M |
| FY20 | $216.02M | $22.54M |
| FY21 | $274.18M | $81.32M |
| FY22 | $329.80M | $100.24M |
| FY23 | $281.05M | $61.16M |
| FY24 | $254.75M | $38.04M |
| FY25 | $265.13M | $-124.28M |
Midland States Bancorp Inc (MSBI) Valuation
Based on GoodMoat's DCF model, Midland States Bancorp Inc has a fair value estimate of $38.50. At the current price of $26.55, the stock appears 31.0% undervalued relative to our intrinsic value estimate.
MSBI Quality Indicators
Midland States Bancorp Inc maintains a profit margin of 12.8% and an operating margin of -41.6%. Return on equity stands at 6.2%. Debt-to-equity ratio is 0.76.
About Midland States Bancorp Inc
Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank. As of December 31, 2024, the Company had total assets of approximately $7.53 billion, and its Wealth Management Group had assets under administration of approximately $4.15 billion. The Company provides a full range of commercial and consumer banking products and services and business equipment financing, merchant credit card services, trust and investment management, insurance and financial planning services.
MSBI Free Cash Flow
Midland States Bancorp Inc generated $120.33M in trailing twelve-month free cash flow, representing an FCF yield of 21.59%. This strong FCF yield suggests the company generates substantial cash relative to its market value.
MSBI Shares Outstanding
Midland States Bancorp Inc has 0.02 billion shares outstanding at a share price of $26.55, giving it a market capitalization of $557.27M.