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Midland States Bancorp

Stock Price

$24.6

2024-10-29

Market Capitalization

$527.4 M

2024-10-29

Revenue

$88.2 M

FY, 2025

Midland States Bancorp Summary

Company Summary

Overview
Midland States Bancorp, Inc. is a diversified financial holding company for Midland States Bank. The Bank provides a range of traditional community banking and other complementary financial services. Its segments include Banking, Commercial Federal Housing Administration (FHA) Origination and Servicing, and Other. The Banking segment provides a range of financial products and services to consumers and businesses, including commercial loans, commercial real estate loans, mortgage and other consumer loan products; commercial equipment leasing; mortgage loan sales and servicing; letters of credit; various types of deposit products, including checking, savings and time deposit accounts, and merchant services. The Commercial FHA Origination and Servicing segment provides for the origination and servicing of government sponsored mortgages for multifamily and healthcare facilities. The Other segment includes its Wealth Management business unit.
Type
Public
Status
Active
Founded
1881
HQ
Effingham, IL, US | view all locations
Website
https://www.midlandsb.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Frederick van Etten
  • Jeffrey G Ludwig

    Jeffrey G Ludwig, President, Chief Executive Officer

  • Heath Sorenson

    Heath Sorenson, Chief Operating Officer

  • Douglas J Tucker

    Douglas J Tucker, Senior Vice President and Corporate Counsel

Operating MetricsView all

Total Loans

$3.2B
47.3%

Q2, 2017

Non-performing Loans

$27.6M
49.8%

Q2, 2017

Bank Branches

45

FY, 2016

LocationsView all

2 locations detected

  • Effingham, IL HQ

    United States

    1201 Network Centre Dr

  • St. Louis, MO

    United States

    1801 Park 270 Drive #500

Midland States Bancorp Financials

Summary Financials

Revenue (Q1, 2026)
$22.1M
Net income (Q1, 2026)
$18.5M
Cash (Q1, 2026)
$113.7M
Enterprise value
$567.1M

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