ACNB (ACNB) vs Midland States Bancorp (MSBI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Midland States Bancorp (MSBI) has outperformed ACNB (ACNB) over the past year, gaining 92.2% versus a gain of 45.0%. Over five years, ACNB leads with a +127.5% price change compared with +27.9% for MSBI. Midland States Bancorp is the larger company by market cap ($680.7 million vs $645.0 million), about 1.1 times the size.
On valuation, Midland States Bancorp trades at a lower forward P/E (9.7x vs 11.1x for ACNB). Midland States Bancorp offers the higher dividend yield (3.90% vs 2.40%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ACNB | MSBI |
|---|---|---|
| Share price | $63.42 | $32.80 |
| Market cap | $644.98M | $680.67M |
| 1-day change | +0.48% | +1.71% |
| YTD return | +30.55% | +52.34% |
| 1-year return | +45.04% | +92.19% |
| 5-year return | +127.46% | +27.93% |
| P/E ratio (TTM) | 12.03 | 21.03 |
| Forward P/E | 11.14 | 9.68 |
| EPS (TTM) | $5.27 | $1.56 |
| Dividend yield | 2.40% | 3.90% |
| Annual dividend | $1.52 | $1.28 |
| 52-week high | $67.60 | $35.10 |
| 52-week low | $42.52 | $14.24 |
| Distance from 52-week high | -6.18% | -6.55% |
| Analyst consensus | none | hold |
| Avg. price target upside | +6.70% | +1.37% |
| Average volume | 70.29K | 173.19K |
| Shares outstanding | 10.17M | 20.75M |
| Employees | 501 | 839 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MSBI has outperformed ACNB by 47.2 percentage points over the past year.
- Midland States Bancorp trades at a higher earnings multiple (21.0x vs 12.0x trailing P/E).
- Midland States Bancorp offers a meaningfully higher dividend yield (3.90% vs 2.40%).
About ACNB
ACNB stock →ACNB Corporation, a financial holding company, offers banking, insurance, and financial services to individual, business, and government customers in the United States. The company offers checking, savings, and money market deposit accounts, as well as time deposits and debit cards.
Finance · Major Banks · 501 employees
About Midland States Bancorp
MSBI stock →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.
Finance · Major Banks · 839 employees
ACNB vs MSBI FAQ
Which is bigger, ACNB or Midland States Bancorp?
Midland States Bancorp (MSBI) is larger, with a market capitalization of $680.67M compared with $644.98M for ACNB (ACNB).
Which stock has performed better over the past year, ACNB or MSBI?
MSBI returned +92.19% over the past 12 months, compared with +45.04% for ACNB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ACNB or MSBI?
ACNB has the lower trailing P/E at 12.0, versus 21.0 for MSBI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, ACNB or Midland States Bancorp?
Midland States Bancorp has the higher yield at 3.90%, compared with 2.40% for ACNB.
Are ACNB and Midland States Bancorp in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.