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

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

A number of other research analysts have also weighed in on the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Midland States Bancorp in a research report on Monday, December 29th. Keefe, Bruyette & Woods increased their target price on 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. Piper Sandler lifted their price target on Midland States Bancorp from $18.00 to $19.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 2nd. Finally, 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. Five equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $20.00.

Midland States Bancorp Stock Down 4.6%

Shares of Midland States Bancorp stock traded down $1.11 during trading on Friday, hitting $23.00. The company’s stock had a trading volume of 401,289 shares, compared to its average volume of 156,086. Midland States Bancorp has a 52 week low of $14.24 and a 52 week high of $24.57. The company has a market capitalization of $495.65 million, a PE ratio of 22.77 and a beta of 0.66. The company has a fifty day simple moving average of $20.17 and a two-hundred day simple moving average of $18.34. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.84 and a current ratio of 0.85.

Midland States Bancorp (NASDAQ:MSBI) last announced its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $0.53 earnings per share 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 business had revenue of $85.79 million during the quarter, compared to analysts’ expectations of $74.49 million. Equities research analysts predict that Midland States Bancorp will post 2.53 earnings per share for the current year.

Midland States Bancorp declared that its board has initiated a share buyback program on Monday, November 3rd that permits the company to repurchase $25.00 million in outstanding shares. This repurchase authorization permits the financial services provider to purchase up to 7.3% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling at Midland States Bancorp

In other news, EVP Jeremy Andrew Jameson acquired 5,598 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was bought at an average price 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 of the company’s stock, valued at approximately $1,121,758.28. The trade was a 9.68% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Daniel Edward Casey bought 5,000 shares of the stock in a transaction on Wednesday, December 3rd. The stock was purchased at an average cost of $17.89 per share, for a total transaction of $89,450.00. Following the acquisition, 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 position. The SEC filing for this purchase provides additional information. Insiders purchased 11,098 shares of company stock valued at $197,324 in the last ninety days. 5.27% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Midland States Bancorp

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Amundi increased its holdings in Midland States Bancorp by 39.4% during the first quarter. Amundi now owns 2,194 shares of the financial services provider’s stock valued at $38,000 after buying an additional 620 shares during the last quarter. Valeo Financial Advisors LLC grew its position in shares of Midland States Bancorp by 5.3% during the 2nd quarter. Valeo Financial Advisors LLC now owns 19,126 shares of the financial services provider’s stock valued at $331,000 after acquiring an additional 955 shares during the period. Federated Hermes Inc. increased its stake in shares of Midland States Bancorp by 3.4% in the 3rd quarter. Federated Hermes Inc. now owns 32,790 shares of the financial services provider’s stock worth $562,000 after purchasing an additional 1,071 shares in the last quarter. First Trust Advisors LP increased its stake in shares of Midland States Bancorp by 8.1% in the 2nd quarter. First Trust Advisors LP now owns 14,385 shares of the financial services provider’s stock worth $249,000 after purchasing an additional 1,084 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC raised its holdings in Midland States Bancorp by 5.9% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 27,459 shares of the financial services provider’s stock worth $476,000 after purchasing an additional 1,531 shares during the period. Hedge funds and other institutional investors own 60.93% of the company’s stock.

Key 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.