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Upturn AI SWOT - About
MSBI 
Midland States Bancorp Inc (MSBI)
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Upturn Advisory Summary
03/27/2025: MSBI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -37.98% | Avg. Invested days 35 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 369.71M USD | Price to earnings Ratio - | 1Y Target Price 21.12 |
Price to earnings Ratio - | 1Y Target Price 21.12 | ||
Volume (30-day avg) 103594 | Beta 0.69 | 52 Weeks Range 16.85 - 27.64 | Updated Date 04/2/2025 |
52 Weeks Range 16.85 - 27.64 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 7.21% | Basic EPS (TTM) -1.05 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -7.89% | Operating Margin (TTM) 346.58% |
Management Effectiveness
Return on Assets (TTM) -0.17% | Return on Equity (TTM) -1.76% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 839940160 | Price to Sales(TTM) 2.17 |
Enterprise Value 839940160 | Price to Sales(TTM) 2.17 | ||
Enterprise Value to Revenue 2.65 | Enterprise Value to EBITDA - | Shares Outstanding 21494500 | Shares Floating 20082082 |
Shares Outstanding 21494500 | Shares Floating 20082082 | ||
Percent Insiders 5.16 | Percent Institutions 64.39 |
Analyst Ratings
Rating 3 | Target Price 28.12 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 5 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Midland States Bancorp Inc
Company Overview
History and Background
Midland States Bancorp, Inc. was founded in 1920 and is headquartered in Effingham, Illinois. It has grown through acquisitions and organic growth, providing a range of financial services to individuals, businesses, and municipalities.
Core Business Areas
- Commercial Banking: Provides lending, deposit, and cash management services to businesses.
- Wealth Management: Offers investment advisory, trust, and insurance services.
- Agricultural Lending: Specialized lending products for farmers and agricultural businesses.
- Residential Mortgages: Provides residential mortgages and home equity loans.
Leadership and Structure
Leon J. Holschbach is the CEO. The organizational structure includes various departments overseeing lending, operations, finance, and compliance. The board of directors oversees strategic direction.
Top Products and Market Share
Key Offerings
- Commercial Loans: Loans for businesses, including term loans, lines of credit, and real estate financing. Market share data not readily available on a per-product basis. Competitors: BOKF, Huntington Bancshares, First Midwest Bancorp.
- Deposit Accounts: Checking, savings, and money market accounts for individuals and businesses. Market share data not readily available on a per-product basis. Competitors: BOKF, Huntington Bancshares, First Midwest Bancorp.
- Wealth Management Services: Investment advice and management. Market share data not readily available on a per-product basis. Competitors: Merrill Lynch, Edward Jones, Raymond James.
Market Dynamics
Industry Overview
The banking industry is currently characterized by increasing regulation, rising interest rates, and technological disruption. Consolidation is ongoing.
Positioning
Midland States Bancorp operates as a community-focused bank, differentiating itself through personalized service and local expertise. This also limits its overall market reach versus national banks.
Total Addressable Market (TAM)
The TAM for community banking is substantial but fragmented. Midland is well-positioned in its core markets, but has limited exposure nationally. The total banking market (US) is estimated at trillions, with community banks like Midland competing for a smaller segment.
Upturn SWOT Analysis
Strengths
- Strong local presence
- Customer relationships
- Experienced management team
- Diversified revenue streams
Weaknesses
- Limited geographic reach
- Smaller scale compared to national banks
- Dependence on interest rate environment
- Higher efficiency ratio than top regional peers
Opportunities
- Expanding into new markets
- Acquiring smaller banks
- Investing in technology
- Increasing wealth management services
Threats
- Increased competition from larger banks
- Regulatory changes
- Economic downturns
- Cybersecurity risks
Competitors and Market Share
Key Competitors
- BOKF (BOKF)
- Huntington Bancshares (HBAN)
- First Midwest Bancorp (FMBI)
Competitive Landscape
Midland competes with larger regional and national banks. Its strength lies in local knowledge and customer service. However, it lacks the scale and resources of its larger competitors.
Major Acquisitions
Sterling Bancorp
- Year: 2022
- Acquisition Price (USD millions): 233
- Strategic Rationale: Expansion of market presence in the Chicago metropolitan area.
Growth Trajectory and Initiatives
Historical Growth: Midland States Bancorp has grown steadily through acquisitions and organic expansion.
Future Projections: Analysts project continued growth in revenue and earnings, driven by lending and wealth management activities.
Recent Initiatives: Recent initiatives include expanding digital banking capabilities and focusing on niche markets.
Summary
Midland States Bancorp is a financially stable community bank with consistent growth and a strong local presence. Its strengths lie in customer relationships and diversified revenue streams, although it faces competition from larger banks and is susceptible to economic downturns. The company should continue to focus on niche markets and digital transformation to enhance its competitive edge and future growth.
Similar Companies
BOKF
BOK Financial Corporation
BOKF
BOK Financial Corporation
HBAN
Huntington Bancshares Incorporated
HBAN
Huntington Bancshares Incorporated
MBWM
Mercantile Bank Corporation
MBWM
Mercantile Bank Corporation
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Investor Presentations
- Market Research Reports
- Analyst Estimates
Disclaimers:
This analysis is based on publicly available information and analyst estimates, which are subject to change. It should not be considered as financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Midland States Bancorp Inc
Exchange NASDAQ | Headquaters Effingham, IL, United States | ||
IPO Launch date 2016-05-24 | President, CEO & Vice Chairman Mr. Jeffrey G. Ludwig CPA | ||
Sector Financial Services | Industry Banks - Regional | Full time employees - | Website https://www.midlandsb.com |
Full time employees - | Website https://www.midlandsb.com | ||
Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities. In addition, it offers construction and land development loans, such as real estate investment properties and residential developments, and lesser extent loans; and residential real estate loans, which includes first and second mortgage loans, and home equity lines of credit consisting of loans secured by first or second mortgages on primarily owner occupied primary residences. The company also provides consumer installment loans for the purchase of cars, boats and other recreational vehicles, as well as for the purchase of major appliances and other home improvement projects; and commercial equipment leasing programs for manufacturing, construction, transportation, and healthcare industries. Further, it offers merchant services; deposit products, including checking, time, savings, money market, and certificates of deposit, as well as sweep accounts; letters of credit; and trust and wealth management services, such as financial and estate planning, trustee and custodial, investment management, tax, insurance, and business planning, corporate retirement plan consulting and administration, and retail brokerage services. The company was founded in 1881 and is headquartered in Effingham, Illinois.
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