Carter Bankshares (CARE) vs Midland States Bancorp (MSBI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Midland States Bancorp (MSBI) has outperformed Carter Bankshares (CARE) over the past year, gaining 96.7% versus a gain of 56.9%. Over five years, CARE leads with a +108.0% price change compared with +29.2% for MSBI. Carter Bankshares is the larger company by market cap ($705.8 million vs $675.7 million), about 1.0 times the size.
On valuation, Midland States Bancorp trades at a lower forward P/E (9.6x vs 11.7x for Carter Bankshares). Midland States Bancorp offers the higher dividend yield (3.93% vs 0.33%).
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 | CARE | MSBI |
|---|---|---|
| Share price | $30.47 | $32.56 |
| Market cap | $705.80M | $675.69M |
| 1-day change | +0.93% | +0.96% |
| YTD return | +54.98% | +53.80% |
| 1-year return | +56.90% | +96.74% |
| 5-year return | +107.99% | +29.16% |
| P/E ratio (TTM) | 5.25 | 20.87 |
| Forward P/E | 11.72 | 9.60 |
| EPS (TTM) | $5.80 | $1.56 |
| Dividend yield | 0.33% | 3.93% |
| Annual dividend | $0.10 | $1.28 |
| 52-week high | $36.06 | $35.10 |
| 52-week low | $16.78 | $14.24 |
| Distance from 52-week high | -15.50% | -7.24% |
| Analyst consensus | none | hold |
| Avg. price target upside | +15.13% | +2.12% |
| Average volume | 321.95K | 172.12K |
| Shares outstanding | 23.16M | 20.75M |
| Employees | 687 | 839 |
| Sector | Financial Services | Financial Services |
| Industry | Banks - Regional | Banks - Regional |
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 CARE by 39.8 percentage points over the past year.
- Midland States Bancorp trades at a higher earnings multiple (20.9x vs 5.3x trailing P/E).
- Midland States Bancorp offers a meaningfully higher dividend yield (3.93% vs 0.33%).
About Carter Bankshares
CARE stock →Carter Bankshares, Inc. operates as the bank holding company for Carter Bank & Trust that provides various retail and commercial banking products and insurance services in the United States.
Financial Services · Banks - Regional · 687 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.
Financial Services · Banks - Regional · 839 employees
CARE vs MSBI FAQ
Which is bigger, Carter Bankshares or Midland States Bancorp?
Carter Bankshares (CARE) is larger, with a market capitalization of $705.80M compared with $675.69M for Midland States Bancorp (MSBI).
Which stock has performed better over the past year, CARE or MSBI?
MSBI returned +96.74% over the past 12 months, compared with +56.90% for CARE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CARE or MSBI?
CARE has the lower trailing P/E at 5.3, versus 20.9 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, Carter Bankshares or Midland States Bancorp?
Midland States Bancorp has the higher yield at 3.93%, compared with 0.33% for Carter Bankshares.
Are Carter Bankshares and Midland States Bancorp in the same industry?
Yes. Both are classified in the Banks - Regional industry within the Financial Services sector.