Midland States Financials

MSBIP Stock  USD 25.08  0.02  0.08%   
Based on the key indicators related to Midland States' liquidity, profitability, solvency, and operating efficiency, Midland States Bancorp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Midland States' Long Term Debt is relatively stable compared to the past year. As of 11/23/2024, Capital Stock is likely to grow to about 116.3 M, though Other Current Liabilities is likely to grow to (280.6 M). Key indicators impacting Midland States' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.140.2681
Way Down
Slightly volatile
Return On Assets0.00910.0096
Notably Down
Very volatile
Return On Equity0.110.0953
Fairly Up
Pretty Stable
Debt Equity Ratio0.940.7633
Fairly Up
Pretty Stable
Operating Income64 M107.6 M
Way Down
Slightly volatile
Current Ratio0.03790.0399
Notably Down
Pretty Stable
The financial analysis of Midland States is a critical element in measuring its lifeblood. Investors should not minimize Midland States' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

40.04 Million

  
Understanding current and past Midland States Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Midland States' financial statements are interrelated, with each one affecting the others. For example, an increase in Midland States' assets may result in an increase in income on the income statement.

Midland States Stock Summary

Midland States competes with Texas Capital, Merchants Bancorp, and Wintrust Financial. 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. The company was founded in 1881 and is headquartered in Effingham, Illinois. Midland States operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 864 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CUSIP597742303
LocationIllinois; U.S.A
Business Address1201 Network Centre
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.midlandsb.com
Phone217 342 7321
CurrencyUSD - US Dollar

Midland States Key Financial Ratios

Midland States Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.1B6.9B7.4B7.9B7.9B4.8B
Other Current Liab(4.9M)(6.4M)(170.7M)(222.5M)(295.3M)(280.6M)
Net Debt292.5M623.7M(213.5M)416.7M470.2M493.7M
Retained Earnings165.9M156.3M212.5M282.4M322.4M338.5M
Accounts Payable6.4M5.1B93.9M80.2M110.5M104.9M
Cash392.7M337.1M673.3M143.0M134.2M236.4M
Other Assets3.6B4.4B4.2B6.7B6.5B3.5B
Net Receivables355.3M433.6M442.8M20.3M498.3M254.1M
Good Will98.6M164.7M171.8M161.9M186.2M98.7M
Total Liab5.4B960.8M459.8M7.1B7.1B7.4B
Total Current Assets1.4B1.4B2.0B931.6M135.1M128.3M
Short Term Debt82.0M69.0M76.8M142.3M184.9M104.8M
Intangible Assets88.7M67.7M53.2M22.1M36.4M53.8M
Common Stock244K223K221K222K216K176.9K
Inventory(428.0M)(389.6M)(714.2M)(669.1M)(160.0M)(168.0M)
Other Current Assets428.0M389.6M714.2M177.4M169.1M160.7M
Net Tangible Assets455.3M431.1M477.6M465.3M535.0M491.2M
Long Term Debt669.8M948.8M449.1M559.8M419.5M504.2M
Net Invested Capital1.3B1.6B1.1B1.2B1.3B1.0B
Capital Stock244K223K221K110.8M110.8M116.3M

Midland States Key Income Statement Accounts

The reason investors look at the income statement is to determine what Midland States' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense59.7M45.8M30.1M56.0M168.3M176.7M
Total Revenue262.9M272.7M285.1M322.3M66.6M63.3M
Gross Profit262.9M272.7M285.1M322.3M66.6M63.3M
Operating Income72.5M32.0M99.1M168.3M107.6M64.0M
Ebit72.5M35.5M102.4M132.1M107.6M68.0M
Ebitda91.9M51.5M115.5M144.2M107.6M76.1M
Income Before Tax72.5M32.0M99.1M129.8M107.6M55.2M
Net Income55.8M22.5M81.3M99.0M75.5M40.0M
Income Tax Expense16.7M9.5M17.8M30.8M32.1M33.7M
Tax Provision16.7M9.5M17.8M30.8M36.7M22.5M
Net Interest Income189.8M199.1M207.7M245.7M241.5M231.7M
Interest Income249.5M244.9M237.8M301.8M389.8M302.0M

Midland States Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash180.8M(52.9M)338.7M(530.1M)(25.6M)(24.3M)
Free Cash Flow113.9M496.6M331.7M233.3M145.9M127.8M
Depreciation19.4M19.5M16.3M14.4M12.7M12.1M
Other Non Cash Items32.0M429.1M230.2M145.0M59.7M74.0M
Dividends Paid23.8M25.0M25.2M29.1M35.5M37.3M
Capital Expenditures5.5M2.6M2.7M3.5M8.7M5.2M
Net Income55.8M22.5M81.3M99.0M75.5M40.5M
End Period Cash Flow394.5M341.6M680.4M150.3M135.1M238.5M
Investments71.4M(39.7M)(226.6M)(1.1B)(341.8M)(358.9M)
Net Borrowings(118.5M)260.7M(500.8M)75.3M67.8M71.2M
Change To Netincome454.0M489.8M240.0M147.2M169.2M299.8M

Midland Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Midland States's current stock value. Our valuation model uses many indicators to compare Midland States value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Midland States competition to find correlations between indicators driving Midland States's intrinsic value. More Info.
Midland States Bancorp is regarded fourth in return on equity category among its peers. It is regarded third in return on asset category among its peers reporting about  0.10  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Midland States Bancorp is roughly  9.95 . At this time, Midland States' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Midland States by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Midland States Bancorp Systematic Risk

Midland States' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Midland States volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Midland States Bancorp correlated with the market. If Beta is less than 0 Midland States generally moves in the opposite direction as compared to the market. If Midland States Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Midland States Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Midland States is generally in the same direction as the market. If Beta > 1 Midland States moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Midland States Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Midland States' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Midland States growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.26)

At this time, Midland States' Price Earnings To Growth Ratio is relatively stable compared to the past year.

Midland States November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Midland States help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Midland States Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Midland States Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Midland Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Midland States's daily price indicators and compare them against related drivers.

Additional Tools for Midland Stock Analysis

When running Midland States' price analysis, check to measure Midland States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Midland States is operating at the current time. Most of Midland States' value examination focuses on studying past and present price action to predict the probability of Midland States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midland States' price. Additionally, you may evaluate how the addition of Midland States to your portfolios can decrease your overall portfolio volatility.