Touchstone
Last syncNov 1, 2026, 6:55 PM ET

MSBI

Midland States Bancorp, Inc. Financials State Commercial Banks Russell 3000
$32.81Close $694.6MMarket cap $13.85 – $34.2552-week range Jan 21, 2027Next report · estimated

Highlights

Strengths

  • Leading the market RS 89 · stronger than 89% of stocks over 12 months
  • Near its high 4% below its 52-week high
  • Earnings growing EPS +212% year on year, faster than the quarter before (+141 pts)

Cautions

  • Trend not confirmed 7 of 8 conditions · under the 50-day

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 29, 2026
Off 12-month high 4%
1wk down 0.5% price change
1mo up 2.0% price change
12-month return up 117% market up 11% · its own up 104%
F-score — — Not assessed
Altman Z — Unknown
P/E — price / earnings
PEG — P/E / EPS growth
P/B 1.2× price / book
Earnings yield — EBIT / enterprise value
Cheaper than — of the market · not assessed
Revenue growth down 13% year on year
EPS growth up 212% latest quarter · +141 pts
Sales growth up 6% latest quarter · +5 pts
ROE down 19% return on equity
Free cash margin —
D/E — long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest

Trade setup

ATR% 2.7% $0.88 a day · 2×ATR $31.05
RS 89 / 99 vs the universe
Trend 7 / 8 under the 50-day
Relative volume 0.8× vs 50-day average
Up/down volume 1.15 50 sessions
Implied move — no scheduled report
Trend template · 7 of 8
  • Price above the 50-day average: fails

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Revenue shrinking Revenue fell 13.4% over the year, from $375.1M to $325.0M.
Last reported Oct 22, 2026
Results reaction Oct 22, 2026+3% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $325.0M -13% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $260.4M FY2021 · $277.6M FY2022 · $406.6M FY2023 · $363.6M FY2024 · $375.1M FY2025 · $325.0M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$124.3M down to a loss
-$200M $0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $22.5M FY2021 · $81.3M FY2022 · $100.2M FY2023 · $61.2M FY2024 · $38.0M FY2025 · -$124.3M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net -38%
-50% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net 9% FY2021 · Net 29% FY2022 · Net 25% FY2023 · Net 17% FY2024 · Net 10% FY2025 · Net -38%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $341.6M FY2021 · Cash $680.4M FY2022 · Cash $160.6M FY2023 · Cash $135.1M FY2024 · Cash $114.8M FY2025 · Cash $127.8M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 21.17m -5.2% since FY2020
22.33m 21.17m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 22.33m FY2021 · 22.05m FY2022 · 22.21m FY2023 · 21.55m FY2024 · 21.49m FY2025 · 21.17m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $260.4M $277.6M $406.6M $363.6M $375.1M $325.0M
Net income $22.5M $81.3M $100.2M $61.2M $38.0M -$124.3M
Net margin 9% 29% 25% 17% 10% -38%
Earnings per share $0.97 $3.61 $4.48 $2.76 $1.75 -$5.69
Cash $341.6M $680.4M $160.6M $135.1M $114.8M $127.8M
Shareholders' equity $621.4M $600.2M $696.1M $715.1M $710.8M $565.5M
Shares outstanding 22.33m 22.05m 22.21m 21.55m 21.49m 21.17m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 29, 2026 Quarterly ↗ Sep 30, 2026 29d
Jul 30, 2026 Quarterly ↗ Jun 30, 2026 30d
Apr 30, 2026 Quarterly ↗ Mar 31, 2026 30d
Mar 2, 2026 Annual ↗ Dec 31, 2025 61d
Nov 6, 2025 Quarterly ↗ Sep 30, 2025 37d
Sep 8, 2025 Quarterly ↗ Jun 30, 2025 70d
Aug 8, 2025 Quarterly ↗ Mar 31, 2025 130d
Jul 1, 2025 Annual ↗ Dec 31, 2024 182d
Nov 6, 2024 Quarterly ↗ Sep 30, 2024 37d
Aug 8, 2024 Quarterly ↗ Jun 30, 2024 39d
May 9, 2024 Quarterly ↗ Mar 31, 2024 39d
Feb 23, 2024 Annual ↗ Dec 31, 2023 54d

Current reports

FiledDisclosed
Oct 22, 2026 Results · Regulation FD ↗
Aug 4, 2026 Other events ↗
Jul 28, 2026 Regulation FD ↗
Jul 23, 2026 Results · Regulation FD ↗
May 11, 2026 Director or officer change · Regulation FD ↗
May 8, 2026 Shareholder vote ↗
May 5, 2026 Other events ↗
May 5, 2026 Other events ↗
Apr 23, 2026 Results · Regulation FD ↗
Mar 6, 2026 Director or officer change ↗
Feb 4, 2026 Director or officer change ↗
Feb 3, 2026 Other events ↗