Midland States Bancorp, Inc. logo

MSBIPMidland States Bancorp, Inc.

NASDAQ · Financial Services · Banks - Regional

$25.35

+$0.01 (+0.05%)

Midland States Bancorp, Inc. (MSBIP) is a banks - regional company listed on NASDAQ. It is led by Jeffrey G. Ludwig CPA, based in 1201 Network Centre Drive, Effingham, IL, United States, 62401, with about 839 employees. Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates in Banking and Wealth Management segments. The company offers commercial loans; commercial real estate loans that include various property types, such as owner-occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, assisted living facilities, and farmland; construction and land development loans, including loans to small and midsized businesses to construct owner-user properties, loans to developers of commercial real estate investment properties and residential developments, and loans to individual clients for construction of single family homes; and residential real estate loans comprising first and second mortgage loans, and home equity lines of credit. It also provides commercial equipment leasing; depository products consisting of checking, savings, money market, certificates of deposits, and sweep accounts; and trust and wealth management products and services, such as financial and estate planning, trustee and custodial services, investment management, tax and insurance planning, business planning, corporate retirement plan consulting and administration, and retail brokerage services. The company was founded in 1881 and is headquartered in Effingham, Illinois.

Net income was -$121.4M.

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About Midland States Bancorp, Inc.

Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates in Banking and Wealth Management segments. The company offers commercial loans; commercial real estate loans that include various property types, such as owner-occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, assisted living facilities, and farmland; construction and land development loans, including loans to small and midsized businesses to construct owner-user properties, loans to developers of commercial real estate investment properties and residential developments, and loans to individual clients for construction of single family homes; and residential real estate loans comprising first and second mortgage loans, and home equity lines of credit. It also provides commercial equipment leasing; depository products consisting of checking, savings, money market, certificates of deposits, and sweep accounts; and trust and wealth management products and services, such as financial and estate planning, trustee and custodial services, investment management, tax and insurance planning, business planning, corporate retirement plan consulting and administration, and retail brokerage services. The company was founded in 1881 and is headquartered in Effingham, Illinois.

MSBIP Key Statistics

Market Cap

$0.00M

Volume

13,386

Previous Close

$25.45

Day Range

$25.20$25.40

00

EPS

$1.32

Revenue

$0.00

Net Income

$38.04M

Gross Profit

$0.00

Free Cash Flow

$0.00

Dividend Yield

5.02%

Employees

839

MSBIP Financials

Annual income statement in USD. Latest reported periods first.

MSBIP annual income statement across FY2024, FY2023
LineFY2024FY2023
Revenue$0.00$0.00
Cost of Revenue$0.00$0.00
Gross Profit$0.00$0.00
Operating Income$0.00$0.00
Net Income$38.04M$61.16M
EPS (Diluted)$1.32$2.33

Total Assets

$7.51B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$114.77M

Operating Cash Flow

$176.55M

Free Cash Flow

$0.00

Midland States Bancorp, Inc. Company Information

President, CEO & Vice Chairman
Jeffrey G. Ludwig CPA
Headquarters
1201 Network Centre Drive, Effingham, IL, United States, 62401
Phone
217 342 7321
IPO / Founded
2022-08-18
Industry
Banks - Regional
Data Updated:

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