DA Davidson Has Bearish Forecast for MSBI FY2025 Earnings

Midland States Bancorp, Inc. (NASDAQ:MSBI) – Research analysts at DA Davidson dropped their FY2025 earnings per share estimates for shares of Midland States Bancorp in a research note issued to investors on Wednesday, November 5th. DA Davidson analyst J. Rulis now forecasts that the financial services provider will post earnings of $1.46 per share for the year, down from their prior estimate of $1.95. The consensus estimate for Midland States Bancorp’s current full-year earnings is $2.53 per share. DA Davidson also issued estimates for Midland States Bancorp’s Q4 2025 earnings at $0.42 EPS and FY2026 earnings at $2.40 EPS.

Midland States Bancorp (NASDAQ:MSBI) last issued its earnings results on Wednesday, March 23rd. The financial services provider reported $0.54 earnings per share for the quarter. The company had revenue of $70.61 million during the quarter. Midland States Bancorp had a negative return on equity of 1.30% and a negative net margin of 1.50%.

Other equities research analysts have also issued reports about the stock. Piper Sandler lowered their price target on shares of Midland States Bancorp from $21.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday. Stephens upgraded shares of Midland States Bancorp to a “hold” rating in a research report on Thursday, September 11th. Keefe, Bruyette & Woods lowered their price objective on shares of Midland States Bancorp from $20.00 to $17.00 and set a “market perform” rating for the company in a research note on Monday. Weiss Ratings restated a “sell (d)” rating on shares of Midland States Bancorp in a report on Tuesday, October 14th. Finally, Wall Street Zen raised Midland States Bancorp from a “sell” rating to a “hold” rating in a research report on Friday, September 5th. Four equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $19.25.

Midland States Bancorp Stock Performance

Shares of MSBI stock opened at $15.97 on Friday. The company has a market capitalization of $344.06 million, a P/E ratio of -20.74 and a beta of 0.77. Midland States Bancorp has a fifty-two week low of $14.24 and a fifty-two week high of $28.08. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.85 and a current ratio of 0.86. The stock has a 50 day moving average price of $17.06 and a two-hundred day moving average price of $17.38.

Midland States Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 21st. Investors of record on Friday, November 14th will be paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Friday, November 14th. Midland States Bancorp’s dividend payout ratio is presently -100.79%.

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

Institutional Trading of Midland States Bancorp

Several large investors have recently bought and sold shares of MSBI. Amundi grew its holdings in shares of Midland States Bancorp by 39.4% during the 1st quarter. Amundi now owns 2,194 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 620 shares during the period. Quantbot Technologies LP boosted its position in shares of Midland States Bancorp by 162.5% during the first quarter. Quantbot Technologies LP now owns 5,585 shares of the financial services provider’s stock valued at $96,000 after purchasing an additional 3,457 shares in the last quarter. CWM LLC grew its stake in Midland States Bancorp by 162.5% in the first quarter. CWM LLC now owns 7,416 shares of the financial services provider’s stock worth $127,000 after purchasing an additional 4,591 shares during the period. AlphaQuest LLC raised its holdings in Midland States Bancorp by 23,655.3% in the second quarter. AlphaQuest LLC now owns 9,027 shares of the financial services provider’s stock worth $156,000 after purchasing an additional 8,989 shares in the last quarter. Finally, Brevan Howard Capital Management LP bought a new position in Midland States Bancorp in the second quarter worth $211,000. 60.93% of the stock is owned by institutional investors.

About Midland States Bancorp

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 through Banking, Wealth Management, and Other segments. The company provides a range of financial products and services to consumers and businesses, including commercial loans to finance agricultural equipment and production; and commercial real estate loans for owner occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, and assisted living facilities.