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Midland States Bancrop ( (MSBI) ) just unveiled an announcement.
Midland States Bancorp announced the sale of its Lending Point portfolio in December 2024 and closed a sale of participation interests in consumer loans of its GreenSky portfolio in April 2025, retaining a portion under a new servicing arrangement. The company plans to keep other loan portfolios, including a commercial loan portfolio guaranteed by a Fortune 500 company. Additionally, Midland States Bancorp will release its first quarter 2025 financial results around April 30, 2025, and plans to schedule its 2025 Annual Meeting of Shareholders after filing the 2024 Annual Report.
Spark’s Take on MSBI Stock
According to Spark, TipRanks’ AI Analyst, MSBI is a Neutral.
Midland States Bancorp exhibits solid revenue growth and financial stability but faces profitability challenges, as reflected in the financial performance. The technical indicators suggest a bearish momentum, which is a primary concern. Valuation metrics indicate a negative P/E ratio, offset slightly by a strong dividend yield. Corporate events reveal strategic repositioning efforts, which could positively influence long-term performance. Overall, the stock shows potential but is currently under pressure from several fronts.
To see Spark’s full report on MSBI stock, click here.
More about Midland States Bancrop
YTD Price Performance: -30.06%
Average Trading Volume: 125,365
Technical Sentiment Signal: Buy
Current Market Cap: $359.5M
See more data about MSBI stock on TipRanks’ Stock Analysis page.