CNB Financial vs Midland States Bancorp
Midland States Bancorp is the larger business, with $325m of revenue in fiscal 2025 against $282m for CNB Financial (1.2 times as much). CNB Financial grew faster (24.5% against -13.4%). CNB Financial kept more of each dollar of sales as profit: a net margin of 23.4% against -38.2%.
| Latest fiscal year | CNB FinancialCCNE, 2025 | Midland States BancorpMSBI, 2025 |
|---|---|---|
| Revenue | $282m | $325m |
| Revenue growth | 24.5% | -13.4% |
| Net income | $66.1m | −$124m |
| Operating margin | — | — |
| Net margin | 23.4% | -38.2% |
| Return on equity | 8.9% | -19.5% |
| Free cash flow | $58.7m | $120m |
| Cash | $528m | $128m |
| Total debt | $249m | $60.2m |
| Debt to equity | — | — |
| Dividend per share | $0.72 | $1.26 |
| Dividend yield | 2.0% | 4.0% |
| Share buybacks | — | $9.7m |
| Employees | 950 | 861 |
| Market value | $1.06bn | $695m |
| Price vs our value range | — | — |
| Moat score | 59 (Moderate) | 50 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 7 buys, 5 sales |