MSBINasdaqState Commercial BanksFiscal year ends December 31Also trades as MSBIP
Midland States Bancorp, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$31.80−0.42 (-1.30%)
Close on Oct 19, 2026
- Market cap
- $670.17M
- P/E (TTM)
- 20.4
- Dividend yield
- 3.96%
Midland States Bancorp statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of State Commercial Banks companies for comparison
Valuation
| Measure | Midland States Bancorp | Industry median |
|---|---|---|
| Market Cap | $659.92M | $679.86M |
| Enterprise Value | $368.82M | $408.94M |
| PE Ratio | 20.38 | 12.00 |
| PS Ratio | 2.00 | 3.61 |
| PB Ratio | 1.16 | 1.18 |
| P/TBV Ratio | 1.19 | 1.41 |
| P/FCF Ratio | 5.67 | 10.93 |
| P/OCF Ratio | 5.53 | 10.04 |
Enterprise value
| Measure | Midland States Bancorp | Industry median |
|---|---|---|
| EV / Sales | 1.12 | 2.78 |
| EV / FCF | 3.17 | 8.25 |
Income (trailing twelve months)
| Measure | Midland States Bancorp | Industry median |
|---|---|---|
| Revenue | $329.60M | $170.85M |
| Pretax Income | $57.96M | $70.12M |
| Net Income | $43.02M | $54.33M |
| EPS (Diluted) | $1.56 | $2.90 |
Margins
| Measure | Midland States Bancorp | Industry median |
|---|---|---|
| Pretax Margin | 17.6% | 36.4% |
| Profit Margin | 13.1% | 29.1% |
| FCF Margin | 35.3% | 33.0% |
Returns
| Measure | Midland States Bancorp | Industry median |
|---|---|---|
| Return on Equity (ROE) | 7.52% | 10.5% |
| Return on Assets (ROA) | 0.62% | 1.12% |
Growth
| Measure | Midland States Bancorp | Industry median |
|---|---|---|
| Revenue Growth (YoY) | -4.43% | 11.8% |
| FCF Growth (YoY) | -20.7% | 27.1% |
| Revenue Growth (3Y CAGR) | -7.19% | 5.82% |
| Revenue Growth (5Y CAGR) | 4.53% | 6.17% |
Balance sheet
| Measure | Midland States Bancorp | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $298.75M | $205.54M |
| Total Debt | $7.65M | $177.19M |
| Net Cash (Debt) | $291.10M | $164.40M |
| Net Cash Per Share | $14.03 | $8.13 |
| Equity (Book Value) | $569.69M | $560.44M |
| Book Value Per Share | $27.45 | $28.47 |
| Tangible Book Value | $554.27M | $472.29M |
Financial position
| Measure | Midland States Bancorp | Industry median |
|---|---|---|
| Debt / Equity | 0.01 | 0.20 |
| Debt / FCF | 0.07 | 1.81 |
Cash flow (trailing twelve months)
| Measure | Midland States Bancorp | Industry median |
|---|---|---|
| Operating Cash Flow | $119.36M | $61.20M |
| Capital Expenditures | -$3.01M | -$4.02M |
| Free Cash Flow | $116.36M | $52.43M |
| FCF Per Share | $5.61 | $3.07 |
Efficiency
| Measure | Midland States Bancorp | Industry median |
|---|---|---|
| Asset Turnover | 0.05 | 0.04 |
| Revenue Per Employee | $382.81K | $353.78K |
| Profits Per Employee | $49.97K | $107.28K |
| Employee Count | 861 | 489 |
Dividends and yields
| Measure | Midland States Bancorp | Industry median |
|---|---|---|
| Earnings Yield | 6.52% | 8.07% |
| FCF Yield | 17.6% | 8.89% |
| Dividend Yield | 3.96% | 2.48% |
| Buyback Yield | 3.08% | 1.55% |
| Shareholder Yield | 7.04% | 3.13% |
| Dividend Per Share | $1.26 | $0.93 |
| Dividend Growth (YoY) | 1.61% | 4.26% |
| Years of Dividend Growth | 11 | 2 |
| Payout Ratio | 64.6% | 29.4% |
| FCF Payout Ratio | 23.9% | 26.0% |
Shares
| Measure | Midland States Bancorp | Industry median |
|---|---|---|
| Shares Outstanding | 20,752,100 | 18,839,100 |
| Shares Change (YoY) | -1.10% | 0.39% |
| Shares Change (QoQ) | -0.42% | 0.00% |
| Float | 19,058,100 | 17,061,900 |
| Shares Held by Insiders | 8.16% | 5.89% |
| Shares Held by Institutions | 70.4% | 61.9% |
Taxes
| Measure | Midland States Bancorp | Industry median |
|---|---|---|
| Income Tax | $14.94M | $14.50M |
| Effective Tax Rate | 25.8% | 21.1% |
Scores
| Measure | Midland States Bancorp | Industry median |
|---|---|---|
| Graham Number | $31.04 | $45.31 |
| Graham Upside | -2.39% | 21.6% |
| Altman Z-Score | 0.14 | 0.21 |
| Piotroski F-Score | 3 | 6 |
Calculated by StockData from Midland States Bancorp's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.