Financials Midland States Bancorp, Inc.

Equities

MSBI

US5977421057

Banks

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
22.36 USD -6.99% Intraday chart for Midland States Bancorp, Inc. -5.89% -18.87%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 702.9 401.6 545.8 589.6 593.6 480.4 -
Enterprise Value (EV) 1 702.9 401.6 545.8 589.6 593.6 480.4 480.4
P/E ratio 12.8 x 18.8 x 6.94 x 6.29 x 9.28 x 7.55 x 7.17 x
Yield 3.35% 5.99% 4.52% 4.36% 4.35% 5.46% 5.46%
Capitalization / Revenue 2.65 x 1.54 x 1.97 x 1.81 x 1.96 x 1.56 x 1.55 x
EV / Revenue 2.65 x 1.54 x 1.97 x 1.81 x 1.96 x 1.56 x 1.55 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.07 x 0.64 x 0.82 x 0.91 x 0.87 x 0.67 x 0.61 x
Nbr of stocks (in thousands) 24,270 22,472 22,016 22,149 21,538 21,485 -
Reference price 2 28.96 17.87 24.79 26.62 27.56 22.36 22.36
Announcement Date 1/23/20 1/28/21 1/27/22 1/26/23 1/25/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 265.1 260.4 277.6 325.6 302.6 307 310.8
EBITDA - - - - - - -
EBIT 1 89.46 93.26 113.2 150 128.7 123 120.3
Operating Margin 33.74% 35.82% 40.78% 46.05% 42.53% 40.07% 38.7%
Earnings before Tax (EBT) 1 72.47 32.01 99.11 129.8 107.6 98 99.93
Net income 1 55.74 22.54 81.32 95.86 66.55 65 68.04
Net margin 21.03% 8.66% 29.3% 29.44% 21.99% 21.17% 21.9%
EPS 2 2.260 0.9500 3.570 4.230 2.970 2.960 3.118
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 0.9700 1.070 1.120 1.160 1.200 1.220 1.220
Announcement Date 1/23/20 1/28/21 1/27/22 1/26/23 1/25/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 66.54 76.82 72.44 75.95 79.85 97.39 76.28 77.59 76.78 78.59 77.11 76 77 78 75.84
EBITDA - - - - - - - - - - - - - - -
EBIT 1 25.34 34.25 31.56 34.61 36.35 47.45 31.8 34.7 34.74 34.1 32.24 31 31 31 28.7
Operating Margin 38.09% 44.59% 43.56% 45.57% 45.53% 48.72% 41.69% 44.72% 45.25% 43.39% 41.81% 40.79% 40.26% 39.74% 37.84%
Earnings before Tax (EBT) 1 25.43 30.6 27.39 29.17 29.38 43.9 28.67 28.82 29.58 27.15 18.24 24 25 25 23.1
Net income 1 19.55 23.11 20.75 21.88 23.52 29.7 19.54 19.35 15.81 18.48 11.66 16 17 17 15.97
Net margin 29.38% 30.08% 28.64% 28.81% 29.46% 30.5% 25.62% 24.93% 20.59% 23.52% 15.12% 21.05% 22.08% 21.79% 21.05%
EPS 2 0.8600 1.020 0.9200 0.9700 1.040 1.300 0.8600 0.8600 0.7100 0.8400 0.5300 0.7300 0.7700 0.7700 0.7300
Dividend per Share 2 0.2800 0.2800 0.2900 0.2900 0.2900 0.2900 0.3000 0.3000 - 0.3000 0.3060 0.3050 0.3050 0.3050 0.3050
Announcement Date 10/28/21 1/27/22 4/28/22 7/28/22 10/20/22 1/26/23 4/27/23 7/27/23 10/26/23 1/25/24 4/25/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 9.17% 7.31% 12.7% 12.1% 11.1% 9.2% 9.05%
ROA (Net income/ Total Assets) 0.98% 0.72% 1.14% 1.12% 1.08% 0.82% 0.87%
Assets 1 5,707 3,112 7,156 8,541 6,162 7,927 7,821
Book Value Per Share 2 27.10 27.80 30.10 29.20 31.60 33.40 36.40
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 1/23/20 1/28/21 1/27/22 1/26/23 1/25/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
5
Last Close Price
22.36 USD
Average target price
27.75 USD
Spread / Average Target
+24.11%
Consensus
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  4. Financials Midland States Bancorp, Inc.