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Midland States Bancorp Inc. logo

Midland States Bancorp Inc.

MSBI

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Valuation & Multiples

Based on TTM earnings · Diluted shares

Market Cap$696M
EPS$2.29
P/E14.60
Div. Yield4.00%
Net Margin–
P/Book1.3x
Midland States Bancorp Inc. intrinsic value
52-Week Range
$15.18$34.25

Profitability & Returns

Revenue

N/A

Net Income (TTM)

$58M

▼ -426.7% YoY

Net Margin

–

P/E

14.60

Balance Sheet

Total Assets

$6.82B

Equity

$531M

Total Debt

$160M

Cash & Equiv.

$100M

Continue Research

Peers

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Held by ETFs

MSBI is in 36 US ETFs. The largest of them, with MSBI's weight in each:

Midland States Bancorp (MSBI) in four numbers

Fair value (book value)
$19.16
Price $33.44 is 74% above it.
Intrinsic Value
Quality score
47/100
Best check: share count change, -2.8%. Weakest: book value growth, -23.1%.
Quality
Dividend (TTM)
$1.29
4.00% yield, raised at least 11 years in a row.
Dividends
P/E
14.60
Price to free cash flow 9.20.
Financials

Questions about Midland States Bancorp

Is Midland States Bancorp (MSBI) overvalued?

At $33.44, Midland States Bancorp's price is 74% above the $19.16 a share fair value that Intrinsiqq's calculator gets from its book value. It trades at 14.60 times earnings and 9.20 times free cash flow. The growth behind that figure is yours to set on the Intrinsic Value tab. See how to tell if a stock is overvalued.

What is Midland States Bancorp's fair value?

Intrinsiqq's calculator puts Midland States Bancorp's fair value at $19.16 a share. It grows book value per share 0% a year for 5 years, applies an exit P/B of 0.9, and works back at a 10% yearly return. A 25% margin of safety gives a buy-below price of $14.37. Every input can be changed on the Intrinsic Value tab.

Is Midland States Bancorp a high-quality business?

Midland States Bancorp scores 47 out of 100 on Intrinsiqq's quality score, which makes it a mixed business on these measures. The score blends 6 checks computed from SEC filings. Its best check is share count change at -2.8%, and its weakest is book value growth at -23.1%. The Quality tab shows every check against its target.

Does Midland States Bancorp (MSBI) pay a dividend, and how much?

Yes. Midland States Bancorp (MSBI) pays a dividend: $1.29 per share over the last twelve months, a dividend yield of 4.00% at the latest close. It has raised its dividend per share for at least 11 years in a row, growing at 3.3% a year over the last 5 years. The payout takes about 47.7% of earnings.

Source: 10-Q filed 20 Oct 2026 (period ending 30 Sept 2026), SEC. Price: last close 4 Nov 2026. How this is calculated. Sector medians are approximate S&P 500 benchmarks and update periodically. Analysis, not investment advice.

Spot a number that looks wrong? Check it in MSBI's SEC filings or

Download this analysis as a PDF (Pro)

Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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Not financial advice. Analytical data for research only.

Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.