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Director Makes Bold Investment Move in Midland States Bancorp

Director Makes Bold Investment Move in Midland States Bancorp

New insider activity at Midland States Bancrop ( (MSBI) ) has taken place on January 30, 2025.

Invest with Confidence:

Director Gerald Joseph Carlson has made a significant move by purchasing 1,000 shares of Midland States Bancorp stock, a transaction valued at $20,000.

Recent Updates on MSBI stock

Midland States Bancorp (MSBI) saw several analysts adjust their price targets following its Q4 earnings report, which disclosed a net loss. DA Davidson reduced its price target due to concerns about lower net interest income and increased expenses, emphasizing the need for improved credit execution. Piper Sandler also lowered its target, viewing the challenging quarter as an opportunity to enhance earnings quality and franchise value despite high net charge-offs and loan loss provisions. Keefe Bruyette similarly decreased its price target, citing ongoing credit challenges impacting the broader industry’s view of Midland States’ financial health.

More about Midland States Bancrop

YTD Price Performance: -17.46%

Average Trading Volume: 94,813

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $412.6M

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