Midland States Bancorp (MSBI) Competitors

$23.41
-0.04 (-0.17%)
(As of 05/17/2024 ET)

MSBI vs. HTBK, CATC, EQBK, IBCP, TRST, MCBC, BFST, HBNC, HONE, and CCB

Should you be buying Midland States Bancorp stock or one of its competitors? The main competitors of Midland States Bancorp include Heritage Commerce (HTBK), Cambridge Bancorp (CATC), Equity Bancshares (EQBK), Independent Bank (IBCP), TrustCo Bank Corp NY (TRST), Macatawa Bank (MCBC), Business First Bancshares (BFST), Horizon Bancorp (HBNC), HarborOne Bancorp (HONE), and Coastal Financial (CCB). These companies are all part of the "state commercial banks" industry.

Midland States Bancorp vs.

Heritage Commerce (NASDAQ:HTBK) and Midland States Bancorp (NASDAQ:MSBI) are both small-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their community ranking, valuation, dividends, earnings, media sentiment, analyst recommendations, profitability, institutional ownership and risk.

Heritage Commerce has a net margin of 22.84% compared to Heritage Commerce's net margin of 15.17%. Heritage Commerce's return on equity of 11.50% beat Midland States Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Heritage Commerce22.84% 8.36% 1.05%
Midland States Bancorp 15.17%11.50%0.97%

Heritage Commerce presently has a consensus target price of $10.50, indicating a potential upside of 23.53%. Midland States Bancorp has a consensus target price of $25.63, indicating a potential upside of 9.46%. Given Midland States Bancorp's stronger consensus rating and higher probable upside, analysts clearly believe Heritage Commerce is more favorable than Midland States Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Heritage Commerce
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75
Midland States Bancorp
0 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Heritage Commerce had 2 more articles in the media than Midland States Bancorp. MarketBeat recorded 2 mentions for Heritage Commerce and 0 mentions for Midland States Bancorp. Midland States Bancorp's average media sentiment score of 1.08 beat Heritage Commerce's score of 0.00 indicating that Heritage Commerce is being referred to more favorably in the media.

Company Overall Sentiment
Heritage Commerce Positive
Midland States Bancorp Neutral

Midland States Bancorp has higher revenue and earnings than Heritage Commerce. Midland States Bancorp is trading at a lower price-to-earnings ratio than Heritage Commerce, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Heritage Commerce$243.30M2.14$64.44M$0.929.24
Midland States Bancorp$298.81M1.68$75.46M$2.947.96

Heritage Commerce received 123 more outperform votes than Midland States Bancorp when rated by MarketBeat users. Likewise, 58.78% of users gave Heritage Commerce an outperform vote while only 46.79% of users gave Midland States Bancorp an outperform vote.

CompanyUnderperformOutperform
Heritage CommerceOutperform Votes
298
58.78%
Underperform Votes
209
41.22%
Midland States BancorpOutperform Votes
175
46.79%
Underperform Votes
199
53.21%

Heritage Commerce has a beta of 0.91, indicating that its share price is 9% less volatile than the S&P 500. Comparatively, Midland States Bancorp has a beta of 0.79, indicating that its share price is 21% less volatile than the S&P 500.

Heritage Commerce pays an annual dividend of $0.52 per share and has a dividend yield of 6.1%. Midland States Bancorp pays an annual dividend of $1.24 per share and has a dividend yield of 5.3%. Heritage Commerce pays out 56.5% of its earnings in the form of a dividend. Midland States Bancorp pays out 42.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Midland States Bancorp has increased its dividend for 8 consecutive years.

75.6% of Heritage Commerce shares are owned by institutional investors. Comparatively, 60.9% of Midland States Bancorp shares are owned by institutional investors. 4.0% of Heritage Commerce shares are owned by company insiders. Comparatively, 5.6% of Midland States Bancorp shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Heritage Commerce beats Midland States Bancorp on 14 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MSBI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MSBI vs. The Competition

MetricMidland States BancorpState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$502.89M$2.33B$10.07B$7.99B
Dividend Yield5.29%4.16%5.84%3.91%
P/E Ratio7.9612.0937.0415.05
Price / Sales1.682.00207.8481.39
Price / Cash5.268.7516.6831.98
Price / Book0.741.043.324.64
Net Income$75.46M$403.09M$1.01B$217.28M
7 Day Performance-1.43%1.76%1.72%2.90%
1 Month Performance-1.47%5.37%4.59%6.66%
1 Year Performance19.62%32.83%19.56%9.89%

Midland States Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HTBK
Heritage Commerce
3.9864 of 5 stars
$8.30
-1.0%
$10.50
+26.5%
+11.8%$508.38M$243.30M9.02351Short Interest ↑
Positive News
CATC
Cambridge Bancorp
2.9631 of 5 stars
$66.23
-0.9%
$73.15
+10.4%
+34.4%$519.91M$260.26M18.25407
EQBK
Equity Bancshares
2.1349 of 5 stars
$34.12
-0.6%
$32.67
-4.3%
+54.1%$526.81M$227.58M56.87717Insider Buying
News Coverage
IBCP
Independent Bank
3.5176 of 5 stars
$25.30
+0.2%
$28.00
+10.7%
+56.2%$529.02M$290.35M8.61741Short Interest ↓
Positive News
TRST
TrustCo Bank Corp NY
3.959 of 5 stars
$27.89
-1.2%
N/A+2.7%$530.47M$244.52M10.00761Positive News
MCBC
Macatawa Bank
1.4911 of 5 stars
$14.31
-0.4%
$12.83
-10.3%
+64.2%$491.69M$132.25M11.93287
BFST
Business First Bancshares
4.1294 of 5 stars
$21.28
-0.3%
$23.33
+9.6%
+45.4%$542.43M$389.97M8.38751Ex-Dividend
Short Interest ↓
HBNC
Horizon Bancorp
4.2753 of 5 stars
$12.41
-0.3%
$12.50
+0.7%
+45.1%$547.41M$324.30M22.98818Short Interest ↑
HONE
HarborOne Bancorp
4.3444 of 5 stars
$10.59
+0.7%
N/A+31.0%$478.35M$286.14M28.62529Short Interest ↓
CCB
Coastal Financial
4.5475 of 5 stars
$41.25
-0.1%
$54.00
+30.9%
+26.0%$552.34M$537.55M14.42507

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This page (NASDAQ:MSBI) was last updated on 5/19/2024 by MarketBeat.com Staff

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