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Midland States Bancorp (Midland States Bancorp) PB Ratio : 0.73 (As of May. 22, 2024)


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What is Midland States Bancorp PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-22), Midland States Bancorp's share price is $23.17. Midland States Bancorp's Book Value per Share for the quarter that ended in Mar. 2024 was $31.67. Hence, Midland States Bancorp's PB Ratio of today is 0.73.

The historical rank and industry rank for Midland States Bancorp's PB Ratio or its related term are showing as below:

MSBI' s PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.96   Max: 1.75
Current: 0.73

During the past 13 years, Midland States Bancorp's highest PB Ratio was 1.75. The lowest was 0.46. And the median was 0.96.

MSBI's PB Ratio is ranked better than
63.74% of 1459 companies
in the Banks industry
Industry Median: 0.86 vs MSBI: 0.73

During the past 12 months, Midland States Bancorp's average Book Value Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Midland States Bancorp was 64.10% per year. The lowest was 2.50% per year. And the median was 9.30% per year.

Back to Basics: PB Ratio


Midland States Bancorp PB Ratio Historical Data

The historical data trend for Midland States Bancorp's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Midland States Bancorp PB Ratio Chart

Midland States Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.64 0.82 0.91 0.87

Midland States Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.65 0.68 0.87 0.79

Competitive Comparison of Midland States Bancorp's PB Ratio

For the Banks - Regional subindustry, Midland States Bancorp's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Midland States Bancorp's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Midland States Bancorp's PB Ratio distribution charts can be found below:

* The bar in red indicates where Midland States Bancorp's PB Ratio falls into.



Midland States Bancorp PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Midland States Bancorp's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=23.17/31.671
=0.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Midland States Bancorp  (NAS:MSBI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Midland States Bancorp PB Ratio Related Terms

Thank you for viewing the detailed overview of Midland States Bancorp's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Midland States Bancorp (Midland States Bancorp) Business Description

Traded in Other Exchanges
Address
1201 Network Centre Drive, Effingham, IL, USA, 62401
Midland States Bancorp Inc is a diversified financial holding company. The company provides a full range of commercial and consumer banking products and services, business equipment financing, merchant credit card services, trust and investment management, and insurance and financial planning services. The Banking segment provides a wide range of financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products; commercial equipment financing; mortgage loan sales and servicing; letters of credit. etc. The Wealth Management segment consists of trust and fiduciary services, brokerage and retirement planning services. The Other segment includes the operating results of the parent company.
Executives
Donald J. Spring officer: Chief Accounting Officer 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Douglas J. Tucker officer: SVP Corporate Counsel MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Richard Dean Bingham director 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Jeffrey S. Mefford officer: EVP-Banking, Midland States Bank MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Robert F. Schultz director MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Jeffrey C. Smith director MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Eric Lemke officer: Chief Financial Officer 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Jerry L. Mcdaniel director 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Sherina M. Edwards director 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Jeffrey A. Brunoehler officer: SVP Credit - CCO, Midland States Bank MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Jeffrey G. Ludwig officer: EVP & CFO MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Jeffrey M Mcdonnell director 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
John M Schultz director MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Leon J Holschbach director, officer: CEO C/O MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Stephen A. Erickson officer: Chief Financial Officer 1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401