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Midland States Bancorp Inc. Company Profile

NASDAQ: MSBIFinanceMajor BanksUSD

32.21-0.35 (-1.07%)

Market open · Delayed 15 min · as of Oct 9, 12:04 PM ET

Midland States Bancorp at a glance

Midland States Bancorp Inc. (NASDAQ: MSBI) is a Major Banks company in the Finance sector headquartered in Effingham, IL. Midland States Bancorp is led by Mr. Jeffrey G. Ludwig CPA and employs about 839 people. The company's shares have traded publicly since 2016.

At a market capitalization of $669.3 million, it is considered a small-cap company. Its SEC Central Index Key (CIK) is 0001466026, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Midland States Bancorp do?

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. It operates in Banking and Wealth Management segments. The company offers commercial loans; commercial real estate loans that include various property types, such as owner-occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, assisted living facilities, and farmland; construction and land development loans, including loans to small and midsized businesses to construct owner-user properties, loans to developers of commercial real estate investment properties and residential developments, and loans to individual clients for construction of single family homes; and residential real estate loans comprising first and second mortgage loans, and home equity lines of credit. It also provides commercial equipment leasing; depository products consisting of checking, savings, money market, certificates of deposits, and sweep accounts; and trust and wealth management products and services, such as financial and estate planning, trustee and custodial services, investment management, tax and insurance planning, business planning, corporate retirement plan consulting and administration, and retail brokerage services. The company was founded in 1881 and is headquartered in Effingham, Illinois.

Business description based on the company's public filings.

Company information

Legal name
Midland States Bancorp Inc.
Ticker
NASDAQ: MSBI
Sector
Finance
Industry
Major Banks
CEO
Mr. Jeffrey G. Ludwig CPA
Employees
839
Headquarters
1201 Network Centre Drive, Effingham, IL, United States
Phone
217 342 7321
IPO year
2016
Market cap
$669.26M
SEC CIK
0001466026

Companies similar to Midland States Bancorp

MSBI peer companies
CompanyPrice% ChgMarket capCompare
RRBIRed River Bancshares Inc.100.47-1.36%$661.47Mvs MSBI
AROWArrow Financial Corporation36.60-1.17%$677.88Mvs MSBI
PFISPeoples Financial Services Corp.68.17-1.30%$682.41Mvs MSBI
BCALCalifornia BanCorp21.24-1.53%$682.88Mvs MSBI
WCCBWest Coast Community Bancorp61.20+0.07%$644.07Mvs MSBI
CWBCCommunity West Bancshares25.76-1.19%$698.90Mvs MSBI
CARECarter Bankshares Inc.30.19-0.94%$699.20Mvs MSBI
BHBBar Harbor Bankshares Inc.37.97-1.33%$636.61Mvs MSBI

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