Midland States Bancorp (NASDAQ:MSBI) Upgraded to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of Midland States Bancorp (NASDAQ:MSBI) from a sell rating to a hold rating in a research report released on Friday.

Other equities research analysts have also issued research reports about the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Midland States Bancorp in a research note on Monday, December 29th. Keefe, Bruyette & Woods upped their price objective on Midland States Bancorp from $17.00 to $19.00 and gave the company a “market perform” rating in a research report on Monday, December 8th. Zacks Research raised Midland States Bancorp from a “strong sell” rating to a “hold” rating in a research note on Monday, December 22nd. Finally, Piper Sandler boosted their target price on shares of Midland States Bancorp from $18.00 to $19.00 and gave the company a “neutral” rating in a research note on Tuesday, December 2nd. Five investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $20.00.

Midland States Bancorp Stock Down 4.6%

MSBI opened at $23.00 on Friday. Midland States Bancorp has a one year low of $14.24 and a one year high of $24.57. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.84 and a current ratio of 0.85. The business’s fifty day moving average is $20.17 and its two-hundred day moving average is $18.34. The company has a market cap of $495.65 million, a price-to-earnings ratio of 22.77 and a beta of 0.66.

Midland States Bancorp (NASDAQ:MSBI) last posted its earnings results on Thursday, January 22nd. The financial services provider reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.17). The business had revenue of $85.79 million for the quarter, compared to analysts’ expectations of $74.49 million. Midland States Bancorp had a net margin of 6.62% and a return on equity of 10.41%. Analysts anticipate that Midland States Bancorp will post 2.53 EPS for the current fiscal year.

Midland States Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Friday, November 14th were issued a $0.32 dividend. The ex-dividend date was Friday, November 14th. This represents a $1.28 annualized dividend and a yield of 5.6%. Midland States Bancorp’s payout ratio is -100.79%.

Midland States Bancorp declared that its board has approved a share buyback plan on Monday, November 3rd that authorizes the company to buyback $25.00 million in shares. This buyback authorization authorizes the financial services provider to reacquire up to 7.3% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity at Midland States Bancorp

In related news, EVP Jeremy Andrew Jameson bought 5,598 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The stock was purchased at an average cost of $17.69 per share, for a total transaction of $99,028.62. Following the completion of the acquisition, the executive vice president 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 cost of $17.89 per share, for a total transaction of $89,450.00. Following the purchase, the insider owned 28,254 shares of the company’s stock, valued at $505,464.06. This trade represents a 21.50% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 11,098 shares of company stock worth $197,324 over the last three months. Corporate insiders own 5.27% of the company’s stock.

Hedge Funds Weigh In On Midland States Bancorp

A number of large investors have recently modified their holdings of MSBI. Amundi grew its holdings in shares of Midland States Bancorp by 39.4% during the 1st quarter. Amundi now owns 2,194 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 620 shares during the period. CIBC Private Wealth Group LLC purchased a new stake in Midland States Bancorp during the 3rd quarter worth $46,000. Daytona Street Capital LLC purchased a new position in Midland States Bancorp in the fourth quarter valued at about $107,000. Quantbot Technologies LP lifted its stake in shares of Midland States Bancorp by 32.0% during the second quarter. Quantbot Technologies LP now owns 7,372 shares of the financial services provider’s stock worth $128,000 after purchasing an additional 1,787 shares in the last quarter. Finally, AlphaQuest LLC boosted its position in shares of Midland States Bancorp by 23,655.3% in the second quarter. AlphaQuest LLC now owns 9,027 shares of the financial services provider’s stock worth $156,000 after buying an additional 8,989 shares during the period. 60.93% of the stock is currently owned by hedge funds and other institutional investors.

Midland States Bancorp News Summary

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%

About Midland States Bancorp

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.