🎉 M&A multiples are live!
Check it out!

Midland States Bancorp Valuation Multiples

Discover revenue and EBITDA valuation multiples for Midland States Bancorp and similar public comparables like National Bank of Fujairah, First Abu Dhabi Bank, and Invest Bank.

Midland States Bancorp Overview

About Midland States Bancorp

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.


Founded

1881

HQ

United States of America
Employees

896

Website

midlandsb.com

Financials

LTM Revenue $309M

Last FY EBITDA n/a

EV

$1.1B

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 15K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Midland States Bancorp Financials

Midland States Bancorp has a last 12-month revenue (LTM) of $309M and a last 12-month EBITDA of n/a.

In the most recent fiscal year, Midland States Bancorp achieved revenue of $356M and an EBITDA of n/a.

Midland States Bancorp expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Midland States Bancorp valuation multiples based on analyst estimates

Midland States Bancorp P&L

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $309M XXX $356M XXX XXX XXX
Gross Profit n/a XXX n/a XXX XXX XXX
Gross Margin n/a XXX n/a XXX XXX XXX
EBITDA n/a XXX n/a XXX XXX XXX
EBITDA Margin n/a XXX n/a XXX XXX XXX
EBIT $109M XXX n/a XXX XXX XXX
EBIT Margin 35% XXX n/a XXX XXX XXX
Net Profit -$74.9M XXX $38.0M XXX XXX XXX
Net Margin -24% XXX 11% XXX XXX XXX
Net Debt XXX XXX $309M XXX XXX XXX

Financial data powered by Morningstar, Inc.

Midland States Bancorp Stock Performance

As of August 15, 2025, Midland States Bancorp's stock price is $17.

Midland States Bancorp has current market cap of $374M, and EV of $1.1B.

See Midland States Bancorp trading valuation data

Midland States Bancorp Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$1.1B $374M XXX XXX XXX XXX $-3.42

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Midland States Bancorp Valuation Multiples

As of August 15, 2025, Midland States Bancorp has market cap of $374M and EV of $1.1B.

Midland States Bancorp's trades at 3.1x EV/Revenue multiple, and n/a EV/EBITDA.

Equity research analysts estimate Midland States Bancorp's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

Midland States Bancorp has a P/E ratio of -5.0x.

See valuation multiples for Midland States Bancorp and 15K+ public comps

Midland States Bancorp Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $374M XXX $374M XXX XXX XXX
EV (current) $1.1B XXX $1.1B XXX XXX XXX
EV/Revenue 3.6x XXX 3.1x XXX XXX XXX
EV/EBITDA n/a XXX n/a XXX XXX XXX
EV/EBIT 10.1x XXX n/a XXX XXX XXX
EV/Gross Profit n/a XXX n/a XXX XXX XXX
P/E -5.0x XXX 9.8x XXX XXX XXX
EV/FCF n/a XXX 6.5x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Midland States Bancorp Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Midland States Bancorp Margins & Growth Rates

Midland States Bancorp's last 12 month revenue growth is 1%

Midland States Bancorp's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged n/a for the same period.

Midland States Bancorp's rule of 40 is unknown (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Midland States Bancorp's rule of X is unknown (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Midland States Bancorp and other 15K+ public comps

Midland States Bancorp Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth 1% XXX -6% XXX XXX XXX
EBITDA Margin n/a XXX n/a XXX XXX XXX
EBITDA Growth n/a XXX n/a XXX XXX XXX
Rule of 40 n/a XXX n/a XXX XXX XXX
Bessemer Rule of X XXX XXX n/a XXX XXX XXX
Revenue per Employee XXX XXX $0.4M XXX XXX XXX
Opex per Employee XXX XXX n/a XXX XXX XXX
S&M Expenses to Revenue XXX XXX 1% XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX n/a XXX XXX XXX
Opex to Revenue XXX XXX n/a XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Midland States Bancorp Public Comps

See public comps and valuation multiples for Commercial Banking comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Abu Dhabi Commercial Bank XXX XXX XXX XXX XXX XXX
Abu Dhabi Islamic Bank XXX XXX XXX XXX XXX XXX
First Abu Dhabi Bank XXX XXX XXX XXX XXX XXX
Invest Bank XXX XXX XXX XXX XXX XXX
National Bank of Fujairah XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

Midland States Bancorp M&A and Investment Activity

Midland States Bancorp acquired  XXX companies to date.

Last acquisition by Midland States Bancorp was  XXXXXXXX, XXXXX XXXXX XXXXXX . Midland States Bancorp acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Midland States Bancorp

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 65K+ M&A deals.

Start Free Trial

About Midland States Bancorp

When was Midland States Bancorp founded? Midland States Bancorp was founded in 1881.
Where is Midland States Bancorp headquartered? Midland States Bancorp is headquartered in United States of America.
How many employees does Midland States Bancorp have? As of today, Midland States Bancorp has 896 employees.
Who is the CEO of Midland States Bancorp? Midland States Bancorp's CEO is Mr. Jeffrey G. Ludwig.
Is Midland States Bancorp publicy listed? Yes, Midland States Bancorp is a public company listed on NAS.
What is the stock symbol of Midland States Bancorp? Midland States Bancorp trades under MSBI ticker.
When did Midland States Bancorp go public? Midland States Bancorp went public in 2016.
Who are competitors of Midland States Bancorp? Similar companies to Midland States Bancorp include e.g. Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank, First Abu Dhabi Bank, Invest Bank.
What is the current market cap of Midland States Bancorp? Midland States Bancorp's current market cap is $374M
What is the current revenue of Midland States Bancorp? Midland States Bancorp's last 12 months revenue is $309M.
What is the current revenue growth of Midland States Bancorp? Midland States Bancorp revenue growth (NTM/LTM) is 1%.
What is the current EV/Revenue multiple of Midland States Bancorp? Current revenue multiple of Midland States Bancorp is 3.6x.
Is Midland States Bancorp profitable? Yes, Midland States Bancorp is EBITDA-positive (as of the last 12 months).

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.