Midland States Bancorp Inc

Company Profile

Midland States Bancorp Inc had its IPO on 2016-05-24 under the ticker symbol MSBI.

The company operates in the Financial Services sector and Banks-Regional industry. Midland States Bancorp Inc has a staff strength of 915 employees.

Stock update

Shares of Midland States Bancorp Inc opened at $21.74 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $21.74 - $22.08, and closed at $21.83.

This is a -0.18% slip from the previous day's closing price.

A total volume of 37,985 shares were traded at the close of the day’s session.

In the last one week, shares of Midland States Bancorp Inc have slipped by -2.81%.

Midland States Bancorp Inc's Key Ratios

Midland States Bancorp Inc has a market cap of $476.69 million, indicating a price to book ratio of 0.9646 and a price to sales ratio of 1.9485.

In the last 12-months Midland States Bancorp Inc’s revenue was $308.33 million with a gross profit of $303.51 million and an EBITDA of $0. The EBITDA ratio measures Midland States Bancorp Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Midland States Bancorp Inc’s operating margin was 46.06% while its return on assets stood at 1.29% with a return of equity of 14.12%.

In Q2, Midland States Bancorp Inc’s quarterly earnings growth was a negative -11.1% while revenue growth was a positive 0.5%.

Midland States Bancorp Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

5.3867

PEG

2.2

Its diluted EPS in the last 12-months stands at $4.06 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 2.2. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Midland States Bancorp Inc’s profitability.

Midland States Bancorp Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 1.9485.

Midland States Bancorp Inc stock pays annual dividends of $1.18 per share, indicating a yield of 5.49% and a payout ratio of 29.1%.

Balance sheet and cash flow metrics

Total Assets

$8.03 billion

Total Liabilities

$21.78 million

Operating Cash Flow

$0

Capital Expenditure

$1.90 million

Dividend Payout Ratio

29.1%

Midland States Bancorp Inc ended 2024 with $8.03 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $8.03 billion while shareholder equity stood at $776.82 million.

Midland States Bancorp Inc ended 2024 with $0 in deferred long-term liabilities, $21.78 million in other current liabilities, 218000.00 in common stock, $307.89 million in retained earnings and $161.90 million in goodwill. Its cash balance stood at $159.64 million and cash and short-term investments were $1.05 billion. The company’s total short-term debt was $55,000,000 while long-term debt stood at $143.70 million.

Midland States Bancorp Inc’s total current assets stands at $1.05 billion while long-term investments were $52.71 million and short-term investments were $882.72 million. Its net receivables were $521.49 million compared to accounts payable of $90.87 million and inventory worth $0.

In 2024, Midland States Bancorp Inc's operating cash flow was $0 while its capital expenditure stood at $1.90 million.

Comparatively, Midland States Bancorp Inc paid $0.29 in dividends in 2024.

Other key metrics

Current Trading Price

$21.83

52-Week High

$27.1812

52-Week Low

$17.4727

Analyst Target Price

$25.25

Midland States Bancorp Inc stock is currently trading at $21.83 per share. It touched a 52-week high of $27.1812 and a 52-week low of $27.1812. Analysts tracking the stock have a 12-month average target price of $25.25.

Its 50-day moving average was $22.12 and 200-day moving average was $22.51 The short ratio stood at 4.74 indicating a short percent outstanding of 0%.

Around 480.6% of the company’s stock are held by insiders while 6233% are held by institutions.