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Midland States Bancorp, Inc. (MSBI) stock

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NASDAQ: MSBI Nasdaq Regional Banks Next results ~January 21, 2027

C+ Fundamentals grade

Midland States Bancorp, Inc. is a US-listed company in the regional banks industry. Its financial year ends in December.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders5 buying, 2 selling7 purchases and 5 sales by directors and officers, last 12 monthsInsider trades
  • Funds77 adding, 56 cuttingOf 29 active managers that changed their stake, 20 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Midland States Bancorp files

Where Midland States Bancorp stands after its latest 10-Q

Revenue for the twelve months to September 2026 was $334m, up 0.3% on a year earlier, against a decline of 4.4% a quarter earlier. That puts it 219 of 240 for growth among the regional banks companies we cover. The diluted share count is down 2.1% on a year earlier, which lifts each remaining share.

Our model value for Midland States Bancorp is under review, so past values are not shown until it is resolved.

Source: 10-Q filed October 29, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 21, 2027 (estimated)

Midland States Bancorp, Inc.'s trailing-twelve-month revenue grew 0.3% year on year, with a free-cash-flow margin of 22.6%. Where it stands out: change in growth rate of +4.8pp ranks 47 of 244 regional banks companies we cover. Where it lags: revenue growth of 0.3% ranks 224 of 245 regional banks companies we cover.

Current signal Revenue growth accelerating: TTM revenue growth rose to 0.3% (+4.8pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Growth speeding up. The growth rate is 4.8 points higher than a quarter earlier.
  • Strong cash generation. 22.6% of revenue turned into free cash flow.
  • Shrinking share count. Diluted shares fell 2.1% in a year, so each share owns more of the business.
  • Net cash. Cash exceeds long-term debt by $0.1bn.

Things to watch

  • Below peers: revenue growth. Revenue growth of 0.3% ranks 224 of 245 regional banks companies we cover (median 12.5%).
  • Below peers: net margin. Net margin of 17.4% ranks 210 of 245 regional banks companies we cover (median 28.7%).

Latest results: FY2026 Q3

Filed October 29, 2026
Earnings per share
$0.95 against an average estimate of $0.88: beat by 7.5%
Revenue
$86m, up 5.9% on a year earlier
Share reaction
+1.2% in the first session after the results on October 22, 2026, against -1.7% for the S&P 500
Next report
January 21, 2027; average EPS estimate $0.89

Midland States Bancorp's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.6%
  • 1 week-1.8%
  • 1 month+0.6%
  • This year+63.2%
  • 1 year+140.8%
  • 5 years+69.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$334M
Net margin
17.4%
EPS (TTM, diluted)
$2.73

Growth

Revenue growth
+0.3%
Change in growth rate
+4.8 pts
Share count change
−2.1%

Earnings

Last results
October 22, 2026
Next results (est.)
January 21, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Announcement
  3. Announcement
  4. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Midland States Bancorp, Inc. valuation models and calculator

No model value for Midland States Bancorp, Inc. at the moment. Current status: valuation models disagree too widely to rate. Available reported financials are shown below.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valuation models disagree too widely to rate: held for review.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Midland States Bancorp, Inc. as a bank or lender, with every model that fits that kind of business. Cost of equity 8.2%: the 10-year Treasury yield (4.9%) plus a beta of 0.72 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$12 ~$8.6–$18 Primary model, counts double
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$9.7 ~$8.7–$11 Included
Price-to-book vs return on equity (peers) The price-to-book that peers with this return on equity trade on, from a line fitted across peers. ~$20 ~$9.1–$31 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$16 ~$21–$31 Included
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$34 ~$32–$41 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. ~$11 ~$9.5–$12 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Midland States Bancorp, Inc. with banks and lenders in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

50 /100

Moderate moat

How hard Midland States Bancorp's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 10 / 20

    Net income has been a median 0.9% of total assets over 10 years.

  • Durability 5 / 20

    Net margin has been a median 17.1%; its worst year was -45.6%.

  • Discipline 19 / 20

    The diluted share count fell 5.6% over five years; stock-based pay has been a median 0.8% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (55 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: January 21, 2027, after the close. Analysts expect revenue of $85m and EPS of $0.89 (range $0.84 to $0.92) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.43 +102% $335m +3%
Next $3.47 +1% $340m +2%

Next year's EPS estimate has moved +2.5% in 90 days, across 5 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.9% on 90 days ago. In the last 30 days, 4 analysts raised Midland States Bancorp, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Midland States Bancorp, Inc., last 90 days
$3.35 $3.40 $3.45 $3.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $3.37 Current fiscal year, 60 days ago: $3.37 Current fiscal year, 30 days ago: $3.37 Current fiscal year, 7 days ago: $3.37 Current fiscal year, Now: $3.43 $3.43 Next fiscal year, 90 days ago: $3.38 Next fiscal year, 60 days ago: $3.38 Next fiscal year, 30 days ago: $3.38 Next fiscal year, 7 days ago: $3.39 Next fiscal year, Now: $3.47 $3.47

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $3.37$3.38
60 days ago $3.37$3.38
30 days ago $3.37$3.38
7 days ago $3.37$3.39
Now $3.43$3.47

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.88 $0.95 +7.5%
Jun 2026 $0.78 $0.82 +4.9%
Mar 2026 $0.61 $0.79 +29.1%
Dec 2025 $0.75 $0.53 −29.3%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

5 analysts, Oct 2026
Buy00%
Hold5100%
Sell00%

Monthly trend

  1. Oct 202655
  2. Sep 202655
  3. Aug 202655

Counts of recommendations published by analysts covering Midland States Bancorp, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
5.5%
of tradable shares
Days to cover
5.88
at average volume
Short interest, 1 month
+3%
to October 15, 2026
Held by institutions
71%
of shares
Held by insiders
8.1%
of shares
Employees
839
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +140.8%

$13.85 on October 31, 2025 to $33.34

ThenNowEffect
Revenue (last 12 months) $345m $330m −4.4%
P/S multiple 0.9x 2.2x +149.2%
Share count 22m 22m +1.1%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years +71.0%

$19.50 on November 3, 2023 to $33.34

ThenNowEffect
Revenue (last 12 months) $442m $330m −25.4%
Net margin 20.4% 13.1% −35.9%
P/E multiple 4.9x 16.7x +243.7%
Share count 22m 22m +4.0%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
MSBI+45%+12%+9%−7%−7%+63%
Industry peers (median)+34%−4%−2%+16%+10%+24%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
MSBI58%42%50%42%50%73%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
MSBI−21%−20%−31%−23%−39%−13%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since May 24, 2016: 61% from July 9, 2018 to September 23, 2020. Getting back needed a 158% gain, reached on December 26, 2023, 1189 days after the low.

Price behaviour

52-week range
$14.65 – $34.25
From 52-week high
−2.7%
vs 50-day average
+1.1%
vs 200-day average
+19.3%
Volatility (1 year)
30%
Beta vs S&P 500
0.67

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±5.9%
After a week
5 up, 7 down
typical move ±7.5%
After a month
6 up, 5 down
typical move ±9.6%
Results releasedNext dayS&P 500 next day5 days21 days
October 22, 2026 +1.2% −1.7% +3.8% —
July 23, 2026 +4.5% −1.1% +7.9% +7.5%
April 23, 2026 +8.4% +0.4% +12.7% +21.2%
January 22, 2026 −3.1% +0.6% −4.0% −4.0%
October 30, 2025 −9.4% −0.8% −1.2% +4.6%
July 24, 2025 −3.1% +0.5% −8.5% +1.5%
April 30, 2025 +7.0% +0.7% +8.0% +4.2%
January 23, 2025 −18.4% +0.3% −19.1% −21.5%
October 24, 2024 +1.9% +0.2% +6.9% +19.4%
July 25, 2024 −5.8% +0.6% −11.3% −8.3%
April 25, 2024 −8.1% +0.6% −2.1% −4.9%
January 25, 2024 −0.2% +0.4% −4.5% −8.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Midland States Bancorp, Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Midland States Bancorp, Inc.
$320M $340M $360M $380M FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $363.6M Revenue (TTM), FY24 Q1: $369M Revenue (TTM), FY24 Q2: $368.6M Revenue (TTM), FY24 Q3: $373.2M Revenue (TTM), FY24 Q4: $375.1M Revenue (TTM), FY25 Q1: $353.5M Revenue (TTM), FY25 Q2: $344.9M Revenue (TTM), FY25 Q3: $333.4M Revenue (TTM), FY25 Q4: $325M Revenue (TTM), FY26 Q1: $328.5M Revenue (TTM), FY26 Q2: $329.6M Revenue (TTM), FY26 Q3: $334.4M $334.4M

Source: SEC EDGAR filings. Retrieved October 31, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $363.6M
FY24 Q1 $369M
FY24 Q2 $368.6M
FY24 Q3 $373.2M
FY24 Q4 $375.1M
FY25 Q1 $353.5M
FY25 Q2 $344.9M
FY25 Q3 $333.4M
FY25 Q4 $325M
FY26 Q1 $328.5M
FY26 Q2 $329.6M
FY26 Q3 $334.4M
Revenue growth, TTM YoY Midland States Bancorp, Inc.
-20% -10% 0% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: -10.6% Revenue growth, TTM YoY, FY24 Q1: -13.4% Revenue growth, TTM YoY, FY24 Q2: -16.5% Revenue growth, TTM YoY, FY24 Q3: -17.1% Revenue growth, TTM YoY, FY24 Q4: 3.2% Revenue growth, TTM YoY, FY25 Q1: -4.2% Revenue growth, TTM YoY, FY25 Q2: -6.4% Revenue growth, TTM YoY, FY25 Q3: -10.7% Revenue growth, TTM YoY, FY25 Q4: -13.4% Revenue growth, TTM YoY, FY26 Q1: -7.1% Revenue growth, TTM YoY, FY26 Q2: -4.4% Revenue growth, TTM YoY, FY26 Q3: 0.3% 0.3%

Source: SEC EDGAR filings. Retrieved October 31, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 -10.6%
FY24 Q1 -13.4%
FY24 Q2 -16.5%
FY24 Q3 -17.1%
FY24 Q4 3.2%
FY25 Q1 -4.2%
FY25 Q2 -6.4%
FY25 Q3 -10.7%
FY25 Q4 -13.4%
FY26 Q1 -7.1%
FY26 Q2 -4.4%
FY26 Q3 0.3%
FCF margin (TTM) Midland States Bancorp, Inc.
20% 30% 40% 50% 60% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 39.8% FCF margin (TTM), FY24 Q1: 44.6% FCF margin (TTM), FY24 Q2: 39.0% FCF margin (TTM), FY24 Q3: 45.8% FCF margin (TTM), FY24 Q4: 45.2% FCF margin (TTM), FY25 Q1: 42.4% FCF margin (TTM), FY25 Q2: 42.5% FCF margin (TTM), FY25 Q3: 54.3% FCF margin (TTM), FY25 Q4: 37.0% FCF margin (TTM), FY26 Q1: 34.7% FCF margin (TTM), FY26 Q2: 35.3% FCF margin (TTM), FY26 Q3: 22.6% 22.6%

Source: SEC EDGAR filings. Retrieved October 31, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 39.8%
FY24 Q1 44.6%
FY24 Q2 39.0%
FY24 Q3 45.8%
FY24 Q4 45.2%
FY25 Q1 42.4%
FY25 Q2 42.5%
FY25 Q3 54.3%
FY25 Q4 37.0%
FY26 Q1 34.7%
FY26 Q2 35.3%
FY26 Q3 22.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 85 164 177 189 252 265 260 278 407 364 375 325 334
Net income 11 24 32 16 39 56 23 81 100 61 38 −124 58
Diluted EPS $0.27 $2.00 $2.17 $0.87 $1.66 $2.26 $0.95 $3.57 $4.28 $2.33 $1.32 −$6.12 $2.73
Growth (year on year)
Revenue — +93.3% +7.9% +6.6% +33.3% +5.2% −1.8% +6.6% +46.5% −10.6% +3.2% −13.4% +0.3%
Net income — +124.9% +29.7% −49.1% +145.5% +41.5% −59.6% +260.8% +23.3% −39.0% −37.8% −426.7% —
Diluted EPS — +654.7% +8.5% −59.9% +90.8% +36.1% −58.0% +275.8% +19.9% −45.6% −43.3% −563.6% —
Margins
Net margin 12.7% 14.8% 17.8% 8.5% 15.7% 21.0% 8.7% 29.3% 24.7% 16.8% 10.1% −38.2% 17.4%
Free-cash-flow margin 21.8% 40.9% 12.4% 34.0% 35.7% 201.1% 190.7% 119.5% 69.4% 39.8% 45.2% 37.0% 22.6%
Cash flow
Cash from operations 21 73 24 70 97 539 499 334 286 153 177 126 78
Capital spending 3 6 2 6 7 6 3 3 3 9 7 5 2
Free cash flow 19 67 22 64 90 533 497 332 282 145 170 120 76
Stock-based pay 0 0 0 1 2 2 2 2 2 2 3 3 3
Free cash flow after stock pay 18 67 21 63 88 531 494 330 280 142 167 117 73
Balance sheet
Cash 160 212 191 215 214 395 342 680 161 135 115 128 100
Total debt 0 108 132 156 124 82 69 77 42 35 87 60 151
Net debt (negative = net cash) −160 −105 −59 −59 −89 −312 −273 −604 −118 −100 −27 −68 52
Diluted shares 12m 12m 14m 18m 24m 24m 23m 23m 22m 22m 22m 22m 21m
Returned to shareholders
Dividends 4 8 10 14 20 24 25 25 26 27 27 28 28
Buybacks — — — — 0 4 40 12 1 18 5 10 20
Total returned 4 8 10 14 20 28 65 37 27 44 33 37 48

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$20.3M
Dividends (TTM)
$27.8M
Returned to shareholders
64%
of free cash flow
Buybacks, last 3 fiscal years
$33M
Diluted share count
−2.1%
year over year
Total shareholder yield
6.9%
dividends 4.0% + buybacks 2.9% of market value
Dividend payout ratio
48%
of net income paid out

Competitors: side by side with peers

Closest by revenue in regional banks
Last 12 months unless stated MSBI CCNE UVSP BFST FMNB CHCO Median
Revenue, last 12 months $334m $335m $340m $345m $324m $322m $255m
Revenue growth, last 12 months 0.3% 42.0% 9.4% 13.1% 16.7% 7.2% 12.5%
Revenue growth, 3-year average −9.4% 13.5% 2.9% 11.0% 24.1% 4.1% 6.0%
Revenue growth, latest quarter 5.9% 43.2% 4.1% 12.7% 43.9% 3.9% 10.7%
Net margin 17.4% 28.7% 29.0% 26.9% 20.5% 40.9% 28.7%
Cash from operations / revenue 23.2% 26.6% 32.0% 29.9% 19.9% 44.2% 34.3%
Free-cash-flow margin 22.6% 25.6% 31.2% 29.9% 18.7% 43.0% 31.4%
Free-cash-flow margin, 3-year average 40.9% 24.5% 27.4% 25.8% 28.2% 43.5% 29.9%
Stock pay / revenue 0.9% 1.0% 1.4% 2.0% 0.8% 1.4% 1.2%
Change in share count −2.1% 38.3% −2.7% 9.2% 19.3% −2.1% 0.4%

Median of all 245 companies we cover in regional banks. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

245 regional banks companies
Measure Company Peer median Rank
Revenue growth Growth 0.3% 12.5% 224 of 245
Change in growth rate Growth +4.8pp +0.0pp 47 of 244
Net margin Profitability 17.4% 28.7% 210 of 245
Stock pay as % of revenue Cash generation 0.9% 1.3% 60 of 206
Change in share count Balance sheet -2.1% 0.4% 48 of 230

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue YoY
Asset Management $27M ▲ 7.9%
Interchange Revenues $13.5M ▼ 3.3%
Nonsufficient Fund Fees $8.4M ▲ 7.5%
Other Deposit Account $5.4M ▲ 1.7%
Investment Advisory Management and Administrative Service $2.3M ▲ 14.8%
Other services $1.9M ▲ 103.5%
Other Wealth Management Revenue $1.8M ▲ 3.0%
Credit Card Merchant Discount $1.3M ▼ 4.2%

These categories overlap or exclude eliminations, so shares aren't shown.

From Midland States Bancorp, Inc.'s 10-K filed March 2, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$455M
Institutions reporting
154
Shares held vs prior quarter
▲ 3.8%
Positions opened / closed
26 / 9

Top buyers and sellers, Q2 2026: 77 institutions bought and 56 sold ; the biggest buyer was Proshare Advisors LLC (+228K shares) and the biggest seller Rhino Investment Partners, Inc (−252K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $90.9M 2.9M 20.0% ▲ 2.3%
Dimensional Fund Advisors LP $26.8M 859K 5.9% ▼ 3.5%
Vanguard Capital Management LLC $26.4M 847K 5.8% ▼ 6.0%
Busey Bank $23.6M 759K 5.2% 0.0%
State Street Corp $21.6M 694K 4.8% ▼ 9.4%
American Century Companies Inc $17.6M 564K 3.9% ▼ 3.8%
Geode Capital Management, LLC $16.7M 537K 3.7% ▲ 0.6%
Hotchkis & Wiley Capital Management LLC $16.1M 517K 3.5% ▼ 4.3%
Patriot Financial Partners Gp Ii, L.P. $13.7M 439K 3.0% 0.0%
Acadian Asset Management LLC $12.7M 408K 2.8% ▲ 59.4%
LSV Asset Management $11.8M 379K 2.6% ▲ 30.7%
AQR Capital Management LLC $10.6M 341K 2.3% ▼ 14.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Midland States Bancorp, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $621,905 7 trades by 5 insiders, last 12 months Insider sales History → $485,032 5 trades by 2 insiders · 0% under pre-set plans
Net ▲ $136,873 net buying
Insider Date Trade Shares Price Value
Mooney Kyle Owen SVP - Chief Operating Officer September 8, 2026 Sell 2,400 $33.33 $79,992
Mooney Kyle Owen SVP - Chief Operating Officer August 18, 2026 Sell 489 $33.16 $16,215
Mooney Kyle Owen SVP - Chief Operating Officer August 11, 2026 Sell 1,198 $33.51 $40,145
Ludwig Jeffrey G. President & CEO July 28, 2026 Sell 8,383 $34.00 $285,023
Franklin Travis Director May 5, 2026 Buy 9,400 $26.49 $248,988
Mooney Kyle Owen SVP - Chief Operating Officer January 28, 2026 Sell 2,808 $22.67 $63,657
Casey Daniel Edward CROF December 3, 2025 Buy 3,000 $17.64 $52,920
Casey Daniel Edward CROF December 3, 2025 Buy 2,000 $18.26 $36,523
Bingham Richard Dean Director December 3, 2025 Buy 5,000 $17.56 $87,800
Bingham Richard Dean Director December 3, 2025 Buy 5,000 $17.56 $87,800
Smith Jeffrey C. Director December 3, 2025 Buy 500 $17.69 $8,845
Jameson Jeremy Andrew EVP - Chief Credit Officer December 3, 2025 Buy 5,598 $17.69 $99,029

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around January 21, 2027 estimated from the company's past filing pattern, not announced

  • October 22, 2026
  • July 23, 2026
  • April 23, 2026
  • January 22, 2026
  • October 30, 2025
  • July 24, 2025

Recent SEC filings

Data status

When each part of this page on Midland States Bancorp, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Midland States Bancorp, Inc. in brief

What does Midland States Bancorp, Inc. do?
Midland States Bancorp, Inc. is a US-listed company in the regional banks industry. Its financial year ends in December.
What is Midland States Bancorp, Inc.'s stock ticker?
Midland States Bancorp, Inc. trades under the ticker MSBI on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Midland States Bancorp, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Midland States Bancorp, Inc. reported revenue of $334M, 0.3% higher than a year earlier, according to its SEC filings.
What is Midland States Bancorp, Inc.'s free cash flow?
Midland States Bancorp, Inc.'s free-cash-flow margin is 22.6% of revenue over the trailing twelve months.
Who are Midland States Bancorp, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Dimensional Fund Advisors LP and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Midland States Bancorp, Inc. buying back stock, and does it pay a dividend?
Midland States Bancorp, Inc. spent $20.3M on share repurchases over the trailing twelve months, and its diluted share count fell 2.1% over the year.
What is Midland States Bancorp, Inc.'s market cap?
On November 2, 2026, Midland States Bancorp, Inc.'s market capitalisation was about $712M, with a price-to-earnings ratio of 12.2 and net debt of $51.9M. Market figures come from third-party market data and may be delayed.
Does Midland States Bancorp, Inc. pay a dividend?
Yes: Midland States Bancorp, Inc. paid $27.8M in dividends over the trailing twelve months, a dividend yield of 4.01% and a payout ratio of 47.7%.
Who are Midland States Bancorp, Inc.'s competitors?
In our Regional Banks peer group, the companies closest to Midland States Bancorp, Inc. are CNB Financial Corp, Univest Financial Corp, Business First Bancshares, Inc., Farmers National Banc Corp and City Holding Co. The side-by-side comparison below sets their revenue, margins and growth against Midland States Bancorp, Inc.'s.
Are insiders buying or selling Midland States Bancorp, Inc. stock?
Over the last 12 months, Midland States Bancorp, Inc.'s directors and officers reported 7 open-market purchases and 5 sales on Form 4. The insider trading page charts every trade.
When is Midland States Bancorp, Inc.'s next earnings date?
Around January 21, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Midland States Bancorp, Inc. announces its own schedule.