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Midland States Bancorp, Inc. MSBI

Nasdaq · stock · State Commercial Banks · website · IPO 2016-05-24 · LEI

Midland States Bancorp, Inc. statistics & valuation

Market cap$647.2M
P / B1.1×
P / FCF5.4×

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
9.80% 3.60% 6.50% 8.40% 3.60% 13.50% 14.40% 8.60% 5.40% -22.00% 2016201720182019202020212022202320242025
Shares outstanding
15.5M 19.1M 23.8M 24.5M 23.3M 22.5M 22.4M 22.1M 21.7M 21.8M 2016201720182019202020212022202320242025
Net debt ($)
2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
1.00% 0.40% 0.70% 0.90% 0.30% 1.10% 1.30% 0.80% 0.50% -1.90% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
$2.17 $0.87 $1.66 $2.26 $0.95 $3.57 $4.28 $2.33 $1.32 -$6.12 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Midland States Bancorp, Inc. trades at about 25.4× earnings — above its 10-year norm (10-year range 6×–36.9×, median 14.5×).

36.9×

Shaded band = 10-year range (6×–36.9×); dot = today's 25.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Return on assets-1.9%0.5%0.8%1.3%1.1%0.3%0.9%0.7%0.4%1.0%
Return on equity-22.0%5.4%8.6%14.4%13.5%3.6%8.4%6.5%3.6%9.8%

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.