Midland States Bancorp (NASDAQ:MSBI) Upgraded at Wall Street Zen

Posted by ABMN Staff on Jan 26th, 2026

Wall Street Zen upgraded shares of Midland States Bancorp (NASDAQ:MSBI – Free Report) from a sell rating to a hold rating in a research report sent to investors on Friday morning.

MSBI has been the subject of a number of other research reports. Keefe, Bruyette & Woods lifted their target price on shares of Midland States Bancorp from $17.00 to $19.00 and gave the stock a “market perform” rating in a research report on Monday, December 8th. Weiss Ratings restated a “sell (d+)” rating on shares of Midland States Bancorp in a research report on Monday, December 29th. Piper Sandler increased their target price on Midland States Bancorp from $18.00 to $19.00 and gave the company a “neutral” rating in a report on Tuesday, December 2nd. Finally, Zacks Research raised Midland States Bancorp from a “strong sell” rating to a “hold” rating in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $20.00.

Get Our Latest Analysis on MSBI

Midland States Bancorp Price Performance

Midland States Bancorp stock opened at $23.00 on Friday. The stock has a market capitalization of $495.65 million, a PE ratio of 22.77 and a beta of 0.66. The business has a 50 day simple moving average of $20.17 and a 200-day simple moving average of $18.33. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.85 and a quick ratio of 0.84. Midland States Bancorp has a 12 month low of $14.24 and a 12 month high of $24.57.

Midland States Bancorp (NASDAQ:MSBI – Get Free Report) last issued its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.17). Midland States Bancorp had a return on equity of 10.41% and a net margin of 6.62%.The firm had revenue of $85.79 million for the quarter, compared to analyst estimates of $74.49 million. Equities analysts predict that Midland States Bancorp will post 2.53 earnings per share for the current year.

Midland States Bancorp announced that its board has approved a stock repurchase plan on Monday, November 3rd that allows the company to repurchase $25.00 million in shares. This repurchase authorization allows the financial services provider to reacquire up to 7.3% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Midland States Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Stockholders of record on Friday, November 14th were given a $0.32 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 5.6%. Midland States Bancorp’s payout ratio is currently 126.73%.

Insider Activity

In related news, insider Daniel Edward Casey purchased 5,000 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were bought at an average price of $17.89 per share, with a total value of $89,450.00. Following the completion of the purchase, the insider directly owned 28,254 shares in the company, valued at approximately $505,464.06. This trade represents a 21.50% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Jeremy Andrew Jameson acquired 5,598 shares of the stock in a transaction dated Wednesday, December 3rd. The shares were bought at an average cost of $17.69 per share, with a total value of $99,028.62. Following the completion of the purchase, the executive vice president directly owned 63,412 shares in the company, valued at approximately $1,121,758.28. This trade represents a 9.68% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have bought 11,098 shares of company stock worth $197,324. Insiders own 5.27% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in MSBI. Geode Capital Management LLC grew its position in Midland States Bancorp by 5.2% during the second quarter. Geode Capital Management LLC now owns 605,625 shares of the financial services provider’s stock valued at $10,491,000 after acquiring an additional 29,829 shares during the period. American Century Companies Inc. lifted its stake in shares of Midland States Bancorp by 6.0% in the 2nd quarter. American Century Companies Inc. now owns 543,869 shares of the financial services provider’s stock valued at $9,420,000 after purchasing an additional 30,733 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Midland States Bancorp by 38.1% during the 2nd quarter. AQR Capital Management LLC now owns 540,997 shares of the financial services provider’s stock worth $9,370,000 after purchasing an additional 149,175 shares during the period. Prudential Financial Inc. grew its holdings in shares of Midland States Bancorp by 10.4% during the 2nd quarter. Prudential Financial Inc. now owns 230,720 shares of the financial services provider’s stock worth $3,996,000 after purchasing an additional 21,711 shares during the period. Finally, Bank of America Corp DE increased its position in Midland States Bancorp by 9.0% during the 3rd quarter. Bank of America Corp DE now owns 211,795 shares of the financial services provider’s stock worth $3,630,000 after purchasing an additional 17,442 shares in the last quarter. 60.93% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Midland States Bancorp

Here are the key news stories impacting Midland States Bancorp this week:

Positive Sentiment: Zacks upgraded MSBI to a Zacks Rank #1 (Strong Buy), citing improved earnings prospects and upside potential from company tailwinds. Midland States Bancorp (MSBI) Upgraded to Strong Buy: Here’s Why
Positive Sentiment: Zacks added MSBI to its “Best Value Stocks to Buy” list (Zacks Rank #1), highlighting value metrics that could attract investors if fundamentals improve. Best Value Stocks to Buy for January 23rd
Positive Sentiment: Zacks also included MSBI on its “Best Income Stocks to Buy” list, suggesting dividend/income-seeking investors may view the stock favorably. Best Income Stocks to Buy for January 23rd
Neutral Sentiment: Company press release: Midland posted its Q4 2025 results and provided GAAP figures showing a net loss available to common shareholders of $5.1M (‑$0.24 per diluted share) while comparing sequential and year‑ago results. Midland States Bancorp, Inc. Announces 2025 Fourth Quarter Results
Neutral Sentiment: Local earnings snapshot and coverage provide additional context on Q4 results and trends but add no new catalyst beyond the company release. Midland States Bancorp: Q4 Earnings Snapshot
Neutral Sentiment: Zacks published a metrics comparison of Q4 results vs. estimates and year‑ago numbers to help parse the mixed signals in the quarter. Compared to Estimates, Midland States Bancorp (MSBI) Q4 Earnings: A Look at Key Metrics
Negative Sentiment: MSBI missed Q4 EPS expectations: reported $0.53 (miss vs. Zacks consensus $0.70), which triggered concern over near‑term profitability despite revenue beats. Midland States Bancorp (MSBI) Misses Q4 Earnings Estimates
Negative Sentiment: Market commentary highlights the mixed quarter: revenue beat ($85.8M vs. est. $74.5M) but negative ROE and net margin and an EPS shortfall have investors trimming positions. View Press Release / Market Commentary
Negative Sentiment: AAII explains the sell‑off (stock down sizable %) as investors reacting to the EPS miss, continued negative profitability metrics, and uncertainty on when consistent earnings will return. Why Midland States Bancorp, Inc.’s (MSBI) Stock Is Down 5.58%

Midland States Bancorp Company Profile

(Get Free Report)

Midland States Bancorp, Inc is a bank holding company headquartered in Effingham, Illinois, that oversees Midland States Bank, a community-focused financial institution. Through its subsidiary, the company provides a full range of commercial and retail banking services designed to meet the needs of individuals, small and mid-sized businesses, and nonprofit organizations. Its branch network spans key markets in Illinois, Missouri and Florida, where it emphasizes relationship-driven banking and local decision-making.

The company’s offerings include traditional deposit accounts, business and commercial lending, treasury and cash management services, mortgage financing and home equity products.