Midland States Bancorp (MSBI)

• Market cap: $371M
• 1 day: 0.35%
• 5 days: -3.31%
• 1 month: -10.62%
• 3 months: -27.57%
• 6 months: -19.42%
• Year to date: -27.57%
• 1 year: -29.32%
• 5 years: 6.87%
• 10 years: -21.19%
• Sector: Financials
• Industry: Banks - Regional

About: Midland States Bancorp Inc is a diversified financial holding company. The company provides a full range of commercial and consumer banking products and services, business equipment financing, merchant credit card services, trust and investment management, and insurance and financial planning services. The Banking segment which generates the majority of the revenue, provides a wide range of financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products; commercial equipment financing etc. The Wealth Management segment consists of trust and fiduciary services, brokerage and retirement planning services. The Other segment includes the operating results of the parent company.

Employees: 914

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

83% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 12

13% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 45

10% more capital invested

Capital invested by funds: $297M [Q3] → $328M (+$30.9M) [Q4]

7% more funds holding

Funds holding: 132 [Q3] → 141 (+9) [Q4]

0.76% more ownership

Funds ownership: 62.1% [Q3] → 62.87% (+0.76%) [Q4]

31% less call options, than puts

Call options by funds: $34K | Put options by funds: $49K

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $21 22% upside
• Avg. target: $22 29% upside
• High target: $23 33% upside

3 analyst ratings

• positive: 0 0%
• neutral: 3 100%
• negative: 0 0%

DA Davidson Jeff Rulis 23% 1-year accuracy 3 / 13 met price target	22% upside $21	Neutral Maintained	28 Jan 2025
Piper Sandler Nathan Race 40% 1-year accuracy 10 / 25 met price target	33% upside $23	Neutral Maintained	28 Jan 2025
Keefe, Bruyette & Woods Damon Delmonte 19% 1-year accuracy 5 / 27 met price target	33% upside $23	Market Perform Maintained	27 Jan 2025