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MSBI Midland States Bancorp PE ratio, current and historical analysis

The P/E ratio for Midland States Bancorp stock stands at 8.16 as of Feb 24, 2024. The calculation is based on the latest EPS of $2.97 and the stock price of $24.23 per share. An increase of 32% has been observed in the PE ratio compared to its average of 6.2 of the past four quarters.

MSBI PE ratio history

How has MSBI's PE ratio performed in the past

Over the last eight years, the average PE ratio of Midland States Bancorp has been 15.28. The current 8.16 price-to-earnings ratio is 47% less than the historical average. Analyzing the last eight years, MSBI's PE ratio reached its highest point in the Mar 2018 quarter at 67.15, with a price of $31.56 and an EPS of $0.47. The Jun 2023 quarter saw the lowest point at 4.89, with a price of $19.91 and an EPS of $4.07.

Average
15.28
Median
11.6
Minimum
4.89
Maximum
67.15

Midland States Bancorp PE ratio by year

Maximum annual increase: 123.87% in 2017

Maximum annual decrease: -63.77% in 2018

Year PE ratio Change
2023 9.28 47.77%
2022 6.28 -9.25%
2021 6.92 -63.21%
2020 18.81 48.11%
2019 12.7 -3.93%
2018 13.22 -63.77%
2017 36.49 123.87%
2016 16.3 N/A
2015 N/A N/A
2014 N/A N/A

MSBI average PE ratio chart

What is the average PE ratio of MSBI for the past years

MSBI's current PE ratio is higher than the 3-year average, but it is under its 5-year average.

3-year avg
7.98
5-year avg
9.58
10-year avg
N/A
15-year avg
N/A

MSBI PE vs peers

What is MSBI's PE ratio compared to its peers

MSBI's PE ratio is below its peer stocks NIC and NRIM.

Stock name PE ratio Market cap
MSBI Midland States Bancorp Inc 8.16 $521.04M
NKSH National Bankshares Inc 8.99 $186M
NRIM Northrim Bancorp Inc 10.25 $274.61M
NIC Nicolet Bankshares Inc. 19.77 $1.16B

Frequently asked questions

What is Midland States Bancorp's PE ratio?

MSBI's price to earnings ratio is 8.16 as of Feb 24, 2024.

What is the 3-year average PE ratio for Midland States Bancorp (MSBI)?

Over the last 3 years, the average PE ratio for MSBI stock is 7.98.

What is the 5-year average PE ratio for Midland States Bancorp (MSBI)?

Over the last 5 years, the average PE ratio for MSBI stock is 9.58.

What is the highest PE ratio for MSBI?

Over the last eight years, the Mar 2018 quarter recorded the highest quarterly PE ratio at 67.15.

How does the current PE ratio for MSBI compare to its historical average?

MSBI's current price to earnings ratio is 47% below its 8-year historical average.

Why is Midland States Bancorp's PE ratio so low?

A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.

How is MSBI's PE ratio calculated (Midland States Bancorp PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Feb 24, 2024), Midland States Bancorp's share price is $24.23. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.97. Therefore, Midland States Bancorp's price to earnings ratio for today is 8.16. PE RATIO(8.16) = STOCK PRICE($24.23) / TTM EPS($2.97)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.