Midland States Bancorp's book value per share for the quarter that ended in Mar. 2026 was $21.54.
During the past 12 months, Midland States Bancorp's average Book Value Per Share Growth Rate was 0.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -9.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Midland States Bancorp was 64.10% per year. The lowest was -9.70% per year. And the median was 6.00% per year.
During the past 13 years, the highest P/B Ratio of Midland States Bancorp was 1.75. The lowest was 0.46. And the median was 0.92.
Warning Sign:
Midland States Bancorp Inc stock PB Ratio (=1.42) is close to 5-year high of 1.45.
Midland States Bancorp (NAS:MSBI) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Midland States Bancorp Book Value per Share Related Terms
Midland States Bancorp Book Value per Share Historical Data
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The historical data trend for Midland States Bancorp's Book Value per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MSBI vs AMBZ, NPB, BHB: Book Value per Share Comparison
For the Banks - Regional subindustry, Midland States Bancorp's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Midland States Bancorp PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Midland States Bancorp's PB Ratio distribution charts can be found below:
* The bar in red indicates where Midland States Bancorp's PB Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Midland States Bancorp (MSBI) has a Book Value per Share of $21.54 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Midland States Bancorp and its competitors.
Is Midland States Bancorp's Book Value per Share too high?
Midland States Bancorp's current Book Value per Share is $21.54. Overall, Midland States Bancorp has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Midland States Bancorp's Book Value per Share compare to AMBZ and NPB?
Midland States Bancorp's Book Value per Share of $21.54 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Banks company?
A good Book Value per Share depends on the Banks industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Midland States Bancorp and its competitors. Midland States Bancorp's current Book Value per Share is $21.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midland States Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Midland States Bancorp (MSBI) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.98, compared to a current price of $30.57 — trading 61.1% above its estimated fair value. The current Book Value per Share is $21.54. Midland States Bancorp's overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Midland States Bancorp (MSBI), the current Book Value per Share is $21.54 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Midland States Bancorp (MSBI) Overvalued in 2026?
Based on GuruFocus' analysis, Midland States Bancorp stock appears to be overvalued.
The current stock price of $30.57 is trading 61.1% above its estimated GF Value™ of $18.98.
GuruFocus considers Midland States Bancorp to be Significantly Overvalued.
Key valuation signals for MSBI:
Book Value per Share: $21.54
GF Value™: $18.98 vs. price of $30.57 (61.1% above fair value)
No single metric tells the full story. See the MSBI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Midland States Bancorp Inc 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, which generates the majority of the revenue, provides financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage, and other consumer loan products; commercial equipment financing, etc. The Wealth Management segment consists of trust and fiduciary services, brokerage, and retirement planning services. The Corporate segment includes the holding company's financing and investment activities, administrative expenses.
56GF Score
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