About Midland States Bancorp, Inc.
https://www.midlandsb.comMidland 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.
CEO
Jeffrey G. Ludwig CPA
Compensation Summary
(Year 2024)
Salary $749,800
Stock Awards $562,276
Incentive Plan Pay $130,233
All Other Compensation $23,934
Total Compensation $1,466,243
Industry Banks - Regional
Sector Financial Services
Went public August 29, 2022
Full time employees 907
ETFs Holding This Stock
Summary
Total 6
Showing Top 3 of 6
Ratings Snapshot
Rating : B-
Discounted Cash Flow 1
Return On Equity 3
Return On Assets 2
Debt To Equity 2
Price To Earnings 3
Price To Book 4
Overall Score 3
Price Target
Target High $0
Target Low $0
Target Median $0
Target Consensus $0
Market Cap $541.83 M
52w High $25.32
52w Low $22.03
Dividend Yield 7.77%
Frequency Quarterly
P/E 6.72
Volume 1.96K
Outstanding Shares 15.85M
About Midland States Bancorp, Inc.
https://www.midlandsb.comMidland 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.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $115.51M ▼ | $46.82M ▲ | $7.56M ▼ | 6.54% ▼ | $0.24 ▼ | $14.23M ▼ |
| Q2-2025 | $118.08M ▲ | $46.62M ▼ | $12.02M ▲ | 10.18% ▲ | $0.45 ▼ | $17.86M ▲ |
| Q1-2025 | $115.03M ▼ | $200.92M ▲ | $-140.97M ▼ | -122.55% ▼ | $0.57 ▲ | $-134.68M ▼ |
| Q4-2024 | $182.48M ▲ | $54.37M ▲ | $-1.07M ▼ | -0.58% ▼ | $-0.15 ▼ | $910K ▼ |
| Q3-2024 | $137.57M | $44.8M | $20.43M | 14.85% | $0.74 | $28.15M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $0 ▼ | $6.91B ▼ | $6.33B ▼ | $584M ▲ |
| Q2-2025 | $180.28M ▼ | $7.11B ▼ | $6.53B ▼ | $573.71M ▲ |
| Q1-2025 | $1.21B ▲ | $7.28B ▼ | $6.71B ▼ | $571.44M ▼ |
| Q4-2024 | $1.07B ▼ | $7.51B ▼ | $6.8B ▼ | $710.85M ▼ |
| Q3-2024 | $1.33B | $7.75B | $6.93B | $818.26M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $7.56M ▲ | $79.98M ▲ | $145.24M ▼ | $-235.67M ▼ | $-2.09M ▼ | $79.98M ▲ |
| Q2-2025 | $-143.75M ▼ | $28.06M ▲ | $229.47M ▲ | $-182.94M ▼ | $74.58M ▲ | $29.9M ▲ |
| Q1-2025 | $14.8M ▲ | $24.7M ▼ | $39.47M ▼ | $-76.92M ▲ | $-12.76M ▼ | $22.85M ▼ |
| Q4-2024 | $-1.07M ▼ | $98.33M ▲ | $61.69M ▲ | $-167.13M ▼ | $-7.11M ▼ | $95.62M ▲ |
| Q3-2024 | $18.48M | $33.23M | $11.13M | $-47.13M | $-2.77M | $31.12M |
Revenue by Products
| Product | Q3-2024 | Q4-2024 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
 Asset Management | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ |
 Credit Card Merchant Discount | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Interchange Revenues | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Investment Advisory Management and Administrative Service | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Nonsufficient Fund Fees | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Other Deposit Account | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Other Wealth Management Revenue | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
 Service Other | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
CEO
Jeffrey G. Ludwig CPA
Compensation Summary
(Year 2024)
Salary $749,800
Stock Awards $562,276
Incentive Plan Pay $130,233
All Other Compensation $23,934
Total Compensation $1,466,243
Industry Banks - Regional
Sector Financial Services
Went public August 29, 2022
Full time employees 907
ETFs Holding This Stock
Summary
Total 6
Showing Top 3 of 6
Ratings Snapshot
Rating : B-
Discounted Cash Flow 1
Return On Equity 3
Return On Assets 2
Debt To Equity 2
Price To Earnings 3
Price To Book 4
Overall Score 3
Price Target
Target High $0
Target Low $0
Target Median $0
Target Consensus $0