great strength. midland states bancorp, inc. is a community-based financial holding company headquartered in effingham, illinois, and the sole shareholder of midland states bank and alpine bank. as of february 28, 2018, the company had total assets of $5.7 billion and its wealth management group had assets under administration of approximately $3.1 billion. midland provides a full range of commercial and consumer banking products and services, including equipment financing and merchant credit card services, as well as trust administration, investment management, insurance and financial planning. in addition, multi-family and healthcare facility fha financing is provided through love funding, a wholly-owned subsidiary of midland states bank. for additional information, visit www.midlandsb.com or follow midland on facebook at https://www.facebook.com/midlandstatesbank/. more heart. what really sets us apart is our ability to provide financial strength, while dedicating ourselves to each
Company profile
Ticker
MSBI, MSBIP
Exchange
Website
CEO
Jeffrey Ludwig
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Love Funding Corporation • Midland Trust Company ...
MSBI stock data
Latest filings (excl ownership)
S-8
Registration of securities for employees
28 Mar 24
ARS
2023 FY
Annual report to shareholders
25 Mar 24
DEFA14A
Additional proxy soliciting materials
25 Mar 24
DEF 14A
Definitive proxy
25 Mar 24
10-K
2023 FY
Annual report
23 Feb 24
8-K
Regulation FD Disclosure
7 Feb 24
8-K
Midland States Bancorp Appoints Gerald Carlson to Board of Directors
6 Feb 24
8-K
Midland States Bancorp, Inc. Increases Common Stock Cash Dividend to $0.31 Per Share and Declares Preferred Stock Dividend
6 Feb 24
8-K
Midland States Bancorp, Inc. Announces 2023 Fourth Quarter Results
25 Jan 24
8-K
Midland States Bancorp, Inc. Announces Authorization of New $25 Million Stock Repurchase Program
5 Dec 23
Transcripts
MSBI
Earnings call transcript
2022 Q4
27 Jan 23
MSBI
Earnings call transcript
2022 Q3
21 Oct 22
MSBI
Earnings call transcript
2022 Q2
29 Jul 22
MSBI
Earnings call transcript
2022 Q1
29 Apr 22
MSBI
Earnings call transcript
2021 Q4
28 Jan 22
MSBI
Earnings call transcript
2022 Q4
27 Jan 22
MSBI
Earnings call transcript
2021 Q3
29 Oct 21
MSBI
Earnings call transcript
2021 Q2
23 Jul 21
MSBI
Earnings call transcript
2021 Q1
23 Apr 21
MSBI
Earnings call transcript
2020 Q4
29 Jan 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 132.13 mm | 132.13 mm | 132.13 mm | 132.13 mm | 132.13 mm | 132.13 mm |
Cash burn (monthly) | 9.52 mm | 15.09 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 63.53 mm | 100.68 mm | n/a | n/a | n/a | n/a |
Cash remaining | 68.60 mm | 31.45 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 7.2 | 2.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
31.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 76 |
Opened positions | 10 |
Closed positions | 43 |
Increased positions | 27 |
Reduced positions | 22 |
13F shares | Current |
---|---|
Total value | 184.25 bn |
Total shares | 6.84 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Dimensional Fund Advisors | 1.37 mm | $37.81 bn |
Vanguard | 1.14 mm | $31.39 bn |
Busey Wealth Management | 759.29 k | $20.93 bn |
STT State Street | 562.37 k | $15.50 bn |
American Century Companies | 283.30 k | $7.81 bn |
Hotchkis & Wiley Capital Management | 241.45 k | $6.65 bn |
NTRS Northern Trust | 193.73 k | $5.34 bn |
Bridgeway Capital Management | 173.66 k | $4.79 bn |
Charles Schwab Investment Management | 165.99 k | $4.57 bn |
BK Bank Of New York Mellon | 158.81 k | $4.38 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Mar 24 | Sherina M. Edwards | Common Stock | Option exercise | Acquire M | No | No | 25.13 | 2,009 | 50.49 k | 3,673 |
31 Mar 24 | Sherina M. Edwards | RSU Common Stock | Option exercise | Dispose M | No | No | 25.13 | 2,009 | 50.49 k | 0 |
31 Mar 24 | DiMotta Jennifer | Common Stock | Option exercise | Acquire M | No | No | 25.13 | 2,009 | 50.49 k | 2,214 |
31 Mar 24 | DiMotta Jennifer | RSU Common Stock | Option exercise | Dispose M | No | No | 25.13 | 2,009 | 50.49 k | 0 |
29 Mar 24 | Ludwig Jeffrey G. | Common Stock | Grant | Acquire A | No | No | 24.8 | 1,008 | 25.00 k | 343,935.432 |
28 Mar 24 | Golden Deborah A | Common Share Equivalents Common Stock | Grant | Acquire A | No | No | 25.13 | 447.672 | 11.25 k | 15,685.792 |
28 Mar 24 | Golden Deborah A | Common Share Equivalents Common Stock | Grant | Acquire A | No | No | 25.22 | 250.584 | 6.32 k | 15,238.12 |
28 Mar 24 | DiMotta Jennifer | Common Share Equivalent Common Stock | Grant | Acquire A | No | No | 25.22 | 177.365 | 4.47 k | 9,269.028 |
28 Mar 24 | McDonnell Jeffrey M | Common Share Equivalents Common Stock | Grant | Acquire A | No | No | 25.22 | 244.955 | 6.18 k | 13,980.282 |
News
Piper Sandler Maintains Neutral on Midland States Bancorp, Raises Price Target to $29-Report Released on 29 January 2024
30 Jan 24
Midland States Bancorp: Q4 Earnings Insights
25 Jan 24
Midland States Bancorp Q4 Adj EPS $0.89 Beats $0.79 Estimate, Sales $78.59M Beat $75.49M Estimate
25 Jan 24
Earnings Scheduled For January 25, 2024
25 Jan 24
Earnings Outlook For Midland States Bancorp
24 Jan 24
Press releases
Midland States Bancorp, Inc. To Announce First Quarter 2024 Financial Results on Thursday, April 25
5 Apr 24
Midland States Bancorp Appoints Gerald Carlson to Board of Directors
6 Feb 24
Midland States Bancorp, Inc. Increases Common Stock Cash Dividend to $0.31 Per Share and Declares Preferred Stock Dividend
6 Feb 24
Midland States Bancorp, Inc. Announces 2023 Fourth Quarter Results
25 Jan 24