Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Midland States Bancrop ( (MSBI) ) just unveiled an announcement.
On May 5, 2026, Midland States Bancorp, Inc. said its board had amended the stock repurchase program, lifting the total authorization from $25 million to $45 million and extending the program’s term through Dec. 31, 2026. Since the program was first authorized on Nov. 3, 2025, the company has bought back 923,837 shares at an average price of $21.46, for a total of $19.8 million.
Management framed the larger buyback as a signal of confidence in Midland’s capital strength, credit profile and long-term profitability, positioning the company to return additional capital to shareholders while exercising discretion based on market and regulatory conditions. Repurchases may be executed in the open market or privately negotiated deals and can be suspended or discontinued at any time, giving the bank flexibility in managing its capital.
The most recent analyst rating on (MSBI) stock is a Hold with a $25.00 price target. To see the full list of analyst forecasts on Midland States Bancrop stock, see the MSBI Stock Forecast page.
Spark’s Take on MSBI Stock
According to Spark, TipRanks’ AI Analyst, MSBI is a Neutral.
The score is driven primarily by improving financial performance with strong cash generation, supported by attractive valuation (low P/E and strong dividend yield). Technicals show an uptrend but appear overextended (RSI/Stoch elevated), tempering the overall rating, while corporate events add a modest positive tailwind.
To see Spark’s full report on MSBI stock, click here.
More about Midland States Bancrop
Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Ill., and the sole shareholder of Midland States Bank. As of March 31, 2026, it reported total assets of about $6.55 billion and offers commercial and consumer banking, merchant credit card services, wealth management, insurance and financial planning.
The company’s Wealth Management Group oversees roughly $4.47 billion in assets under administration, underscoring its presence in advisory and fiduciary services alongside traditional banking. Midland focuses on serving regional customers with a diversified mix of fee-based and interest-earning products across its markets.
Average Trading Volume: 141,009
Technical Sentiment Signal: Buy
Current Market Cap: $538.4M
See more insights into MSBI stock on TipRanks’ Stock Analysis page.