Recent Analysts’ Ratings Updates for Midland States Bancorp (MSBI)

Several analysts have recently updated their ratings and price targets for Midland States Bancorp (NASDAQ: MSBI):

• 1/26/2026 – Midland States Bancorp was given a new $25.50 price target on by analysts at UBS Group AG.
• 1/26/2026 – Midland States Bancorp had its price target raised by analysts at Piper Sandler from $23.00 to $25.50. They now have a “neutral” rating on the stock.
• 1/26/2026 – Midland States Bancorp had its price target raised by analysts at DA Davidson from $23.00 to $24.00. They now have a “neutral” rating on the stock.
• 1/23/2026 – Midland States Bancorp was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating.
• 1/22/2026 – Midland States Bancorp was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating.
• 12/29/2025 – Midland States Bancorp had its “sell (d+)” rating reaffirmed by analysts at Weiss Ratings.
• 12/22/2025 – Midland States Bancorp had its “sell (d+)” rating reaffirmed by analysts at Weiss Ratings.
• 12/22/2025 – Midland States Bancorp was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating.
• 12/8/2025 – Midland States Bancorp had its “sell (d)” rating reaffirmed by analysts at Weiss Ratings.
• 12/8/2025 – Midland States Bancorp had its price target raised by analysts at Keefe, Bruyette & Woods from $17.00 to $19.00. They now have a “market perform” rating on the stock.

Midland States Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Shareholders of record on Friday, February 13th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $1.28 annualized dividend and a yield of 5.3%. Midland States Bancorp’s dividend payout ratio is currently 126.73%.

Insiders Place Their Bets

In related news, EVP Jeremy Andrew Jameson purchased 5,598 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was purchased at an average cost of $17.69 per share, with a total value of $99,028.62. Following the completion of the acquisition, the executive vice president directly owned 63,412 shares in the company, valued at $1,121,758.28. This trade represents a 9.68% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Kyle Owen Mooney sold 2,808 shares of the business’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $22.67, for a total transaction of $63,657.36. Following the completion of the transaction, the chief operating officer directly owned 14,207 shares in the company, valued at $322,072.69. This represents a 16.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders purchased 11,098 shares of company stock valued at $197,324. 5.27% of the stock is owned by company insiders.

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.