Midland States Bancorp, Inc.: Business Overview, Financials & Competitive Analysis
Midland States Bancorp, Inc. scores 5/10 on the AskCyborg Cyborg Score (Mixed). Regional community bank with mixed near-term fundamentals but positioned for recovery if regulatory issues resolve and regional economic conditions stabilize. MSBI faces headwinds with recent regulatory challenges noted in early 2025 filings and underperformance versus peers and market indices over the past year. However, analyst consensus remains cautiously.
What is Midland States Bancorp, Inc.'s industry? Midland States Bancorp, Inc. (midlandsb.com) operates in Regional Commercial Banking. AskCyborg classifies Midland States Bancorp, Inc. under Regional Commercial Banking in its company registry.
Midland States Bancorp is a diversified financial holding company headquartered in Effingham, Illinois, operating Midland States Bank. The company provides comprehensive commercial and consumer banking products and se...
Cyborg Score thesis
Regional community bank with mixed near-term fundamentals but positioned for recovery if regulatory issues resolve and regional...
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Get Current Report FreeMidland States Bancorp, Inc. Overview
Pro stress-test →Midland States Bancorp is a diversified financial holding company headquartered in Effingham, Illinois, operating Midland States Bank. The company provides comprehensive commercial and consumer banking products and services to individuals, businesses, municipalities, and other entities across the Midwest.
Strategic Profile
Pro stress-test →Operating through Banking, Wealth Management, and Corporate segments, MSBI offers commercial loans, real estate financing, residential mortgages, equipment leasing, and wealth management services. The company combines regional banking expertise with trust and fiduciary services to serve mid-market customers.
Competitive Landscape
Pro stress-test →MSBI competes in the regional bank segment alongside First Mid Bancshares, Eagle Bancorp Montana, MidWestOne Financial Group, and larger national players like U.S. Bancorp. As a community-focused regional bank, MSBI differentiates through personalized service and local market relationships rather than scale.
Industry Context
Midland States Bancorp, Inc. operates in Regional Commercial Banking.
Key facts
Founded: 1988 · Headquarters: Effingham, Illinois, US · Market cap: $576.6M