Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 442.18M | 546.05M | 466.68M | 378.32M | 313.23M | 315.97M |
Gross Profit | 191.82M | 235.94M | 277.27M | 302.18M | 279.70M | 225.86M |
EBITDA | 53.96M | -22.90M | 120.29M | 144.22M | 115.46M | 51.52M |
Net Income | 38.96M | -13.43M | 75.46M | 99.03M | 81.32M | 22.54M |
Balance Sheet | ||||||
Total Assets | 7.46B | 7.53B | 7.87B | 7.86B | 7.44B | 6.87B |
Cash, Cash Equivalents and Short-Term Investments | 1.47B | 1.32B | 1.05B | 921.58M | 1.58B | 1.01B |
Total Debt | 40.22M | 474.45M | 604.41M | 644.39M | 536.61M | 1.03B |
Total Liabilities | 6.71B | 6.79B | 7.08B | 7.10B | 6.78B | 6.25B |
Stockholders Equity | 744.38M | 736.11M | 791.85M | 758.57M | 663.84M | 621.39M |
Cash Flow | ||||||
Free Cash Flow | 143.25M | 169.65M | 145.91M | 243.59M | 331.72M | 496.56M |
Operating Cash Flow | 149.63M | 176.55M | 154.64M | 247.06M | 334.44M | 499.15M |
Investing Cash Flow | 93.64M | 136.71M | -76.08M | -1.10B | -478.50M | -1.31B |
Financing Cash Flow | -295.82M | -333.55M | -104.13M | 332.08M | 482.79M | 760.42M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
79 Outperform | $410.95M | 10.57 | 9.81% | 1.47% | 18.63% | 37.17% | |
78 Outperform | $438.67M | 11.78 | 9.85% | 1.92% | 9.82% | 0.91% | |
78 Outperform | $428.40M | 12.05 | 11.51% | 0.75% | 10.47% | 13.63% | |
75 Outperform | $420.40M | 9.44 | 22.26% | 2.16% | 1.20% | 46.86% | |
73 Outperform | $340.82M | 12.28 | 13.20% | 2.35% | 26.42% | 78.75% | |
67 Neutral | $17.01B | 11.90 | 9.70% | 3.76% | 11.63% | -9.47% | |
58 Neutral | $402.55M | 13.77 | 5.03% | 6.63% | 14.75% | -48.47% |
Midland States Bancorp, Inc. announced that it received a deficiency notification from Nasdaq on May 19, 2025, due to its failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2024, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. The notice has no immediate effect on the company’s stock listing or trading on the Nasdaq Global Select Market. The company has until June 2, 2025, to submit a compliance plan to Nasdaq and may be granted up to 180 days to regain compliance. Midland States Bancorp is evaluating its accounting and financial reporting of third-party lending and servicing arrangements and assessing potential goodwill impairment.
The most recent analyst rating on (MSBI) stock is a Hold with a $24.00 price target. To see the full list of analyst forecasts on Midland States Bancrop stock, see the MSBI Stock Forecast page.
On May 6, 2025, Midland States Bancorp, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.31 per share for its common stock, payable on May 23, 2025, to shareholders of record by May 16, 2025. Additionally, a cash dividend of $0.4844 per depositary share was declared for its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, payable on June 30, 2025, to stockholders of record by June 16, 2025.
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.
Midland States Bancorp, Inc. announced that it received a deficiency notification from Nasdaq on April 3, 2025, due to its failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2024. This notice does not immediately affect the company’s stock listing on Nasdaq, but it requires Midland to submit a compliance plan within 60 days. The company is working to address the delay, which is attributed to the need for additional time to finalize evaluations related to a third-party lending arrangement and internal financial controls. Midland intends to regain compliance with Nasdaq’s listing rules as soon as practicable.