Midland States Bancorp

General Information

Midland States Bancorp, Inc. is a diversified financial holding company headquartered in Effingham, Illinois. Our 135-year old banking subsidiary, Midland States Bank, has branches across Illinois and in Missouri and Colorado, and provides a broad array of traditional community banking and other complementary financial services, including commercial lending, residential mortgage origination, wealth management, merchant services and prime consumer lending. Our commercial FHA origination and servicing business, based in Washington, D.C., is one of the top originators of government sponsored mortgages for multifamily and healthcare facilities in the United States. Our commercial equipment leasing business, based in Denver, provides financing to business customers across the country.

Employees: 700
Founded: 1881
Contact Information
Address 1201 Network Centre Drive, Effingham, IL 62401, US
Phone Number (217) 342-7321
Web Address http://www.midlandsb.com
View Prospectus: Midland States Bancorp
Financial Information
Market Cap $326.7mil
Revenues $104.2 mil (last 12 months)
Net Income $22.9 mil (last 12 months)
IPO Profile
Symbol MSBI
Exchange NASDAQ
Shares (millions): 3.6
Price range $22.00 - $22.00
Est. $ Volume $85.0 mil
Manager / Joint Managers Sandler O'Neill + Partners/ Keefe, Bruyette & Woods (A Stifel Company)
CO-Managers D. A. Davidson/ Stephens
Expected To Trade: 5/24/2016
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change