Midland States Bancorp Inc
Research Midland States Bancorp Inc (MSBI) on Bullrun: valuation model: 29.8% overvalued, market cap USD 670.48M, P/E 20.8, dividend yield 4.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMSBI
- ExchangeNASDAQ
- CountryUnited States
- SectorFinancial Services
- IndustryBanks-Regional
- CurrencyUSD
- Valuation signal29.8% overvalued
- Market capUSD 670.48M
- P/E20.8
- Dividend yield4.0%
- Financial periodQ2 2026
- RevenueUSD 79.16M
- Net incomeUSD 19.89M
- Free cash flowUSD 29.20M
Valuation Snapshot
Bullrun's latest valuation model marks Midland States Bancorp Inc as 29.8% overvalued; latest market cap is USD 670.48M; P/E is 20.8; dividend yield is 4.0%.
Peer valuation comparison
Latest P/E is 20.77x versus a Financial Services sector median of 13.41x (54.9% above).
Latest dividend yield is 4.01% versus a Financial Services sector median of 3.66% (9.7% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 290.36M | -USD 124.28M | USD 120.33M | n/a | -6.12 | USD 127.81M | USD 60.18M | USD 565.50M |
| FY2024 | USD 356.27M | USD 38.04M | USD 169.65M | n/a | 1.32 | USD 114.77M | USD 87.50M | USD 710.85M |
| FY2023 | USD 340.22M | USD 61.16M | USD 144.63M | n/a | 2.33 | USD 135.06M | USD 34.87M | USD 715.11M |
| FY2022 | USD 380.49M | USD 100.24M | USD 282.35M | n/a | 4.28 | USD 160.63M | USD 42.31M | USD 696.14M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | USD 670.48M | 20.8 | 4.0% | 1.29 |
| 2025 | 2025-12-31 | USD 448.17M | n/a | 6.0% | 1.26 |
| 2024 | 2024-12-31 | USD 524.47M | 9.2 | 5.1% | 1.24 |
| 2023 | 2023-12-29 | USD 593.60M | 7.3 | 4.4% | 1.2 |
| 2022 | 2022-12-30 | USD 589.62M | 6.7 | 4.4% | 1.16 |
| 2021 | 2021-12-31 | USD 546.63M | 6.9 | 4.5% | 1.12 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.29 USD, yield 4.0%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.26 USD |
| FY2024 | 1.24 USD |
| FY2023 | 1.2 USD |
| FY2022 | 1.16 USD |
About Midland States Bancorp Inc
Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates in Banking and Wealth Management segments. The company offers commercial loans;
Related stock research
Other Financial Services stocks
Frequently asked questions
Is Midland States Bancorp Inc overvalued or undervalued?
Bullrun's valuation model currently marks Midland States Bancorp Inc as 29.8% overvalued.
What is Midland States Bancorp Inc's market cap?
Midland States Bancorp Inc's market capitalization is USD 670.48M.
What is Midland States Bancorp Inc's P/E ratio?
Midland States Bancorp Inc's price-to-earnings (P/E) ratio is 20.8.
Does Midland States Bancorp Inc pay a dividend?
Midland States Bancorp Inc has a dividend yield of 4.0%.
What does Midland States Bancorp Inc do?
Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates in Banking and Wealth Management segments.