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Midland States Bancorp Inc (MSBI) 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.

The company was founded in 1881 and is headquartered in Effingham, Illinois.

Three key data points gauge Midland States Bancorp or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

MSBI Price

Over the past year, Midland’s share price fell just over 20% from $26.22 to $20.80 as of Thursday’s market close.

If MSBI stock trades in the range of $18.00 to $25.00 this next year, its recent $20.80 share price might rise to $23.50 by next year. Of course, MSBI’s price could drop about the same $2.70 estimated amount, or more.

My upside estimate of $2.70, however, is in-line with the median of price targets estimated by analysts following MSBI for brokers.

MSBI Dividend

Midland States Bancorp has paid variable quarterly dividends since August 19, 2016.  Midwest’s most recent Q dividend, paid August 18th to shareholders of record August 10th, was $0.30.

That measures up $1.20 annually for a forward-looking yield of 5.77%.

MSBI Returns

Add the $1.20 anticipated annual dividend to MBSI’s estimated $2.70 possible price upside, reveals a $3.90 estimated gross gain per share for the coming year.

At Wednesday’s $20.80 closing price, a little under $1000 would buy 48 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.21 per share.

Subtracting that likely $0.21 brokerage cost from my estimated $3.90 estimated gross gain per share makes a net gain of $3.69 X 48 shares = $177.12 or about a 17.75% net gain.

This might be about time to pounce on MSBI shares. And beware, Midland States Bancorp is an Illinois-based regional bank paying regular quarterly dividends for seven years. Furthermore, the estimated $57.70. annual dividend from $1000 invested comes in about 2.75 times greater than the recent $20.80 single share price. The question is, what future dividend payments and price changes lie ahead?

Remember the true value of any stock is best realized through personal ownership of shares.

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