MSBI PEER ANALYSIS

Midland States Bancorp, Inc. — metric-by-metric comparison with peers and the industry median

MSBIMidland States Bancorp, Inc.

🇺🇸 USA · NASDAQ · Financial Services · Banks - Regional

Value it Duel

Overall Profile & Returns

· Banks - Regional

Position Within Industry

0 = weak quartile, 100 = strong quartile

MSBIIndustry median

Scores normalize each metric against industry quartiles (p25–p75); direction is inverted for lower-is-better metrics.

Return Comparison

1-Year

Split-adjusted

Year-to-Date (YTD)

Key Metric Comparison

P/E

Lower is better

ROE

Higher is better

Net Margin

Higher is better

Revenue Growth

Higher is better

All Metrics

Valuation
Metric	MSBI	TSKB	NWG	LLOY	SKBNK	ICBCT	Ind. Median
P/E	18.39	2.96●	9.16	13.38	20.06	15.65	12.88
P/B	1.16	0.71●	1.41	1.41	3.18	3.99	1.29
EV/EBITDA	-6.60	2.21	-8.43	14.82	1.78	-9.21●	9.24
P/S	—	—	—	—	—	—	—

Financial Health
Metric	MSBI	TSKB	NWG	LLOY	SKBNK	ICBCT	Ind. Median
Current Ratio	0.26●	—	0.25	0.12	—	—	0.31
Debt/Equity	74.9%	0.0%●	17.0%	209.8%	0.0%●	0.0%●	38.0%
NetDebt/EBITDA	-17.64	-0.47	-14.68	5.39	-13.41	-20.34●	-0.58

Profitability
Metric	MSBI	TSKB	NWG	LLOY	SKBNK	ICBCT	Ind. Median
Net Margin	7.8%	54.9%●	20.1%	25.9%	14.2%	24.7%	20.6%
ROE	5.4%	27.4%	14.9%	10.6%	17.5%	28.9%●	10.9%
ROA	0.5%	3.7%●	0.8%	0.5%	1.2%	1.1%	1.2%
EBITDA Margin	—	—	—	—	—	—	20.4%

Growth + Dividend
Metric	MSBI	TSKB	NWG	LLOY	SKBNK	ICBCT	Ind. Median
Rev. Growth	—	—	—	—	—	—	—
NI Growth	468.9%●	-1.3%	16.0%	16.2%	8.1%	—	19.4%
Div. Yield	4.1%	—	4.8%●	3.2%	—	—	2.5%
Payout	104.4%	—	—	—	—	—	31.4%

Valuation
Metric	MSBI	TCBX	FMNB	BHB	RRBI	ACNB	Ind. Median
P/E	18.39	9.48●	11.47	15.72	14.12	12.24	12.88
P/B	1.16	1.01	0.86●	1.18	1.68	1.47	1.29
EV/EBITDA	-6.60●	0.84	14.05	13.02	7.03	11.53	9.24
P/S	—	—	—	—	—	—	—

Financial Health
Metric	MSBI	TCBX	FMNB	BHB	RRBI	ACNB	Ind. Median
Current Ratio	0.26●	0.13	0.11	0.06	0.08	0.04	0.31
Debt/Equity	74.9%	24.2%	58.2%	40.1%	0.4%●	66.6%	38.0%
NetDebt/EBITDA	-17.64●	-6.27	5.38	-0.68	-3.62	2.69	-0.58

Profitability
Metric	MSBI	TCBX	FMNB	BHB	RRBI	ACNB	Ind. Median
Net Margin	7.8%	18.0%	20.2%	16.6%	25.8%●	25.8%	20.6%
ROE	5.4%	12.2%	9.6%	8.0%	12.6%	12.6%●	10.9%
ROA	0.5%	1.2%	0.9%	0.9%	1.4%	1.6%●	1.2%
EBITDA Margin	—	—	—	—	—	—	20.4%

Growth + Dividend
Metric	MSBI	TCBX	FMNB	BHB	RRBI	ACNB	Ind. Median
Rev. Growth	—	—	—	—	—	—	—
NI Growth	468.9%●	35.7%	18.6%	-7.8%	21.9%	105.7%	19.4%
Div. Yield	4.1%	0.7%	4.6%●	3.3%	0.7%	2.4%	2.5%
Payout	104.4%	6.9%	44.5%	52.6%	10.0%	29.3%	31.4%

The green dot marks the best value in the group given the metric direction (higher/lower is better). All metrics use trailing-twelve-month (TTM) data.

Go deeper on MSBI

Run a DCF valuation

Full DCF model with editable assumptions

Start a head-to-head duel

Compare two stocks metric by metric

Filter in the stock screener

Build your own universe with 400+ metrics

Data on this page refreshes once per day. Price data as of Jul 2, 26. This content is for informational purposes only and is not investment advice.