Midland States Bancorp (NASDAQ:MSBI) Raised to Hold at Wall Street Zen

Midland States Bancorp (NASDAQ:MSBI) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Friday.

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

Midland States Bancorp Price Performance

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

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

Midland States Bancorp announced that its Board of Directors has approved a share buyback plan on Monday, November 3rd that permits the company to repurchase $25.00 million in shares. This repurchase authorization permits the financial services provider to reacquire up to 7.3% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Insider Activity at Midland States Bancorp

In other Midland States Bancorp news, insider Daniel Edward Casey bought 5,000 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The stock was acquired at an average cost of $17.89 per share, with a total value of $89,450.00. Following the purchase, the insider owned 28,254 shares in the company, valued at approximately $505,464.06. This represents a 21.50% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, 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 acquired at an average price of $17.69 per share, for a total transaction of $99,028.62. Following the completion of the purchase, the executive vice president owned 63,412 shares of the company’s stock, valued at approximately $1,121,758.28. This represents a 9.68% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 11,098 shares of company stock worth $197,324 in the last quarter. 5.27% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Midland States Bancorp

Several institutional investors have recently made changes to their positions in the stock. Amundi increased its holdings in shares of Midland States Bancorp by 39.4% in the 1st quarter. Amundi now owns 2,194 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 620 shares in the last quarter. CIBC Private Wealth Group LLC acquired a new position in Midland States Bancorp during the third quarter worth about $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 position in shares of Midland States Bancorp by 32.0% during the 2nd quarter. Quantbot Technologies LP now owns 7,372 shares of the financial services provider’s stock valued at $128,000 after acquiring an additional 1,787 shares during the period. Finally, AlphaQuest LLC boosted its stake in shares of Midland States Bancorp by 23,655.3% during the 2nd quarter. AlphaQuest LLC now owns 9,027 shares of the financial services provider’s stock worth $156,000 after acquiring an additional 8,989 shares in the last quarter. 60.93% of the stock is currently owned by hedge funds and other institutional investors.

More Midland States Bancorp News

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

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.