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Midland States Bancorp, Inc. MSBI NASDAQ

NASDAQ Global Select • Financial Services • Banks - Regional • US • USD

SharesGrow Score
44/100
1/7 Pass
SharesGrow Intrinsic Value
$13.86
-41.6%
Analyst Price Target
$22.83
-3.7%
SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

Midland States Bancorp, Inc. (MSBI) has a negative trailing P/E of -4.3, meaning the company is currently unprofitable on a trailing twelve-month (TTM) basis. The forward P/E of 8.9 based on analyst estimates suggests a return to profitability is expected. Trailing earnings yield is -23.45%, forward earnings yield 11.19%. PEG 2.48.

Criteria proven by this page:

  • VALUE (64/100, Pass) — composite valuation score exceeds the 60/100 pass threshold.
  • Forward P/E 8.9 — analysts expect a return to profitability with estimated EPS of $2.65 for FY2026.
  • PEG Ratio 2.48 — above 2.0 suggests expensive relative to earnings growth.
  • Trailing Earnings Yield -23.45% — negative yield confirms the company is currently unprofitable. Investors are paying for a turnaround rather than current earnings. Forward yield improves to 11.19% as earnings recover.
  • Analyst consensus target $22.83 (-3.7% downside) — slight downside risk — the market may be ahead of analyst expectations.

Overall SharesGrow Score: 44/100 with 1/7 criteria passed.

SharesGrow 7-Criteria Score
44/100
SG Score
View full scorecard →
VALUE
64/100
Price-to-Earnings & upside
Proven by this page
FUTURE
26/100
Analyst consensus
→ Forecast
~
PAST
50/100
→ Income
~
HEALTH
50/100
Debt-to-Equity & liquidity
→ Health
~
MOAT
49/100
→ Income
~
GROWTH
58/100
→ Income
INCOME
10/100
→ Income

Valuation Snapshot — MSBI

Valuation Multiples
P/E (TTM)-4.3
Forward P/E8.9
PEG Ratio2.48
Forward PEG2.48
P/B Ratio0.94
P/S Ratio1.14
EV/EBITDA-7.8
Per Share Data
EPS (TTM)$-5.69
Forward EPS (Est.)$2.65
Book Value / Share$25.88
Revenue / Share$20.86
FCF / Share$5.60
Yields & Fair Value
Earnings Yield-23.45%
Forward Earnings Yield11.19%
Dividend Yield5.24%
SharesGrow IV$13.86 (-41.6%)
Analyst Target$22.83 (-3.7%)

Historical Valuation

Year P/E (TTM) PEG Ratio P/B Ratio P/S Ratio Dividend Yield
2016 16.2 0.45 1.59 2.67 1.93%
2017 36.0 -0.60 1.28 2.74 2.46%
2018 13.1 0.15 0.85 1.75 3.93%
2019 12.6 0.36 1.06 2.15 3.38%
2020 18.5 -0.32 0.67 1.32 5.98%
2021 6.9 0.02 0.84 1.78 4.52%
2022 5.9 0.32 0.78 1.36 4.89%
2023 10.0 -0.22 0.77 1.20 5.82%
2024 13.9 -0.32 0.74 0.97 6.80%
2025 -3.7 0.01 0.82 0.99 7.91%

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year EPS (Diluted) Revenue Net Income Net Margin
2016 $2.17 $191.35M $31.54M 16.5%
2017 $0.87 $210.52M $16.06M 7.6%
2018 $1.67 $294.71M $39.42M 13.4%
2019 $2.28 $326.94M $55.78M 17.1%
2020 $0.95 $315.97M $22.54M 7.1%
2021 $3.57 $313.23M $81.32M 26%
2022 $4.23 $378.32M $99.03M 26.2%
2023 $2.97 $466.68M $75.46M 16.2%
2024 $-0.62 $77.74M $-13.43M -17.3%
2025 $-6.14 $467.59M $-124.28M -26.6%

Analyst Estimates

Year EPS (Avg) EPS Range Revenue (Avg) Revenue Range Analysts
2026 $2.65 $2.56 – $2.73 $307.77M $303.34M – $312.2M 4
2027 $2.75 $2.62 – $2.95 $314.27M $313.71M – $314.83M 4
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