Midland States Bancorp (MSBI) vs Washington Bancorp (WASH)
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 Washington Bancorp (WASH) over the past year, gaining 96.7% versus a gain of 31.7%. Over five years, MSBI leads with a +29.2% price change compared with -31.7% for WASH. Washington Bancorp is the larger company by market cap ($712.4 million vs $675.7 million), about 1.1 times the size.
On valuation, Midland States Bancorp trades at a lower forward P/E (9.6x vs 10.5x for Washington Bancorp). Washington Bancorp offers the higher dividend yield (6.00% vs 3.93%).
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 | MSBI | WASH |
|---|---|---|
| Share price | $32.56 | $37.35 |
| Market cap | $675.69M | $712.43M |
| 1-day change | +0.96% | -0.24% |
| YTD return | +53.80% | +26.40% |
| 1-year return | +96.74% | +31.70% |
| 5-year return | +29.16% | -31.71% |
| P/E ratio (TTM) | 20.87 | 12.97 |
| Forward P/E | 9.60 | 10.51 |
| EPS (TTM) | $1.56 | $2.88 |
| Dividend yield | 3.93% | 6.00% |
| Annual dividend | $1.28 | $2.24 |
| 52-week high | $35.10 | $40.54 |
| 52-week low | $14.24 | $25.23 |
| Distance from 52-week high | -7.24% | -7.87% |
| Analyst consensus | hold | none |
| Avg. price target upside | +2.12% | +1.74% |
| Average volume | 172.12K | 140.53K |
| Shares outstanding | 20.75M | 19.07M |
| Employees | 839 | 642 |
| Sector | Financial Services | Finance |
| Industry | Banks - Regional | 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 WASH by 65.0 percentage points over the past year.
- Midland States Bancorp trades at a higher earnings multiple (20.9x vs 13.0x trailing P/E).
- Washington Bancorp offers a meaningfully higher dividend yield (6.00% vs 3.93%).
- The two companies sit in different sectors: Midland States Bancorp in Financial Services and Washington Bancorp in Finance.
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
About Washington Bancorp
WASH stock →Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that provides various banking and financial services to individuals and businesses.
Finance · Major Banks · 642 employees
MSBI vs WASH FAQ
Which is bigger, Midland States Bancorp or Washington Bancorp?
Washington Bancorp (WASH) is larger, with a market capitalization of $712.43M compared with $675.69M for Midland States Bancorp (MSBI).
Which stock has performed better over the past year, MSBI or WASH?
MSBI returned +96.74% over the past 12 months, compared with +31.70% for WASH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MSBI or WASH?
WASH has the lower trailing P/E at 13.0, 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, Midland States Bancorp or Washington Bancorp?
Washington Bancorp has the higher yield at 6.00%, compared with 3.93% for Midland States Bancorp.
Are Midland States Bancorp and Washington Bancorp in the same industry?
No. Midland States Bancorp is in the Financial Services sector, while Washington Bancorp is in Finance.