MSBI Fair Value Estimate
$38.5045.0% undervalued
Blended fair value estimate based on DCF, Graham Number, and earnings-based models.
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) Valuation
MSBI Valuation Metrics
FCF$120.33M
FCF Growth Rate-21.97%
EPS Growth (CAGR)-7.37%
WACC10.00%
Fair Value Models
Graham Number, PEG-based, and Earnings-based models
View Fair Value →MSBI Valuation & Fair Value Analysis
Midland States Bancorp Inc (MSBI) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.
The GoodMoat Fair Value target for Midland States Bancorp Inc is $38.50. The current stock price is $26.55, suggesting the stock is 45.0% undervalued.
The price-to-earnings (P/E) ratio is 21.24. Price-to-book ratio is 0.99. Price-to-sales ratio is 2.03. Enterprise value to EBITDA is 16.18. PEG ratio is -0.19.
GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of Midland States Bancorp Inc's intrinsic value.