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Midland States Bancorp, Inc. (MSBI)

USD30.84 +0.31 (+1.02%)
US NASDAQ Financial Services Banks - Regional
Address 1201 Network Centre Drive 62401
Effingham, IL, US
CEO Jeffrey G. Ludwig
IPO 2016-05-24
CIK 1466026 ISIN US5977421057

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Also trades on NASDAQ Global Select · MSBI (USD) NASDAQ Global Select · MSBIP (USD)
Description

Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates in Banking and Wealth Management segments. The company offers commercial loans; commercial real estate loans that include various property types, such as owner-occupied offices, warehouses and production facilities, office buildings, hotels, mixed-use residential and commercial facilities, retail centers, multifamily properties, assisted living facilities, and farmland; construction and land development loans, including loans to small and midsized businesses to construct owner-user properties, loans to developers of commercial real estate investment properties and residential developments, and loans to individual clients for construction of single family homes; and residential real estate loans comprising first and second mortgage loans, and home equity lines of credit. It also provides commercial equipment leasing; depository products consisting of checking, savings, money market, certificates of deposits, and sweep accounts; and trust and wealth management products and services, such as financial and estate planning, trustee and custodial services, investment management, tax and insurance planning, business planning, corporate retirement plan consulting and administration, and retail brokerage services. The company was founded in 1881 and is headquartered in Effingham, Illinois.

Market Cap & Enterprise Value
Merger & Acquisition History
Target company Ticker Date Filing
Centrue Bank CFCB 2017-03-15 View
Rule 2017-12-05 View
Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD30.84 +0.31 (+1.02%)
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Volume Profile
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Liquidity & share structure
Average Volume
164.2K
Beta
0.67
Float Shares
19.58M
Free Float %
91.2%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (4 ratings, all time) Hold
Price Targets & DCF
Current price
30.84
Low 19.00 -38.4%
Consensus 22.83 -26.0%
Median 24.00 -22.2%
High 25.50 -17.3%
DCF (Levered) 93.86 +204.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-04 Change
Strong Buy 0 0
Buy 0 0
Hold 5 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month
Last Quarter 2
24.75
-19.7%
Last Year 5
21.50
-30.3%
All Time 7
22.71
-26.4%
Quality scores
Altman Z-Score
0.14
Distress
Piotroski F-Score
8 / 9
Strong
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
  • Revenue growth
    -14.4% Q1'26: -6.0% (vs Q1'25)
  • EPS growth
    -565.2% Q1'26: +33.3% (vs Q1'25)
  • FCF margin
    Q1'26: -8.2% (vs Q1'25)
  • EBIT margin
    Q1'26: +22.3% (vs Q1'25)
  • ROIC
    Q1'26: +8.1% (vs Q1'25)
  • Share dilution
    +0.5% Q1'26: -3.4% (vs Q1'25)
  • Debt / EBITDA
    Q1'26: 4.88× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.56) × ERP
WACC = 56% × Ke + 44% × Kd (35.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 30.84
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
4 Rev. Ana.
4 EPS Ana.
Dec 2027
4 Rev. Ana.
4 EPS Ana.
Revenue
191.35M
est: 163.73M (+16.9%)
210.52M
est: 191.72M (+9.8%)
294.71M
est: 247.15M (+19.2%)
326.94M
est: 267.10M (+22.4%)
315.97M
est: 265.35M (+19.1%)
313.23M
est: 276.45M (+13.3%)
436.51M
est: 311.62M (+40.1%)
508.50M
est: 255.63M (+98.9%)
546.05M
est: 297.74M (+83.4%)
467.59M
est: 313.91M (+49.0%)
307.69M
303.26M – 312.12M
-2.0% YoY
314.23M
313.67M – 314.79M
+2.1% YoY
EBITDA
63.80M
est: 37.64M (+69.5%)
39.92M
est: 85.43M (-53.3%)
66.88M
est: 105.83M (-36.8%)
91.90M
est: 165.53M (-44.5%)
51.53M
est: 116.59M (-55.8%)
115.46M
est: 144.98M (-20.4%)
145.76M
est: 188.99M (-22.9%)
100.68M
est: 40.21M (+150.4%)
46.90M
est: 46.84M (+0.1%)
-93.47M
est: 49.38M (-289.3%)
48.40M
47.70M – 49.10M
-2.0% YoY
49.43M
49.34M – 49.52M
+2.1% YoY
EBIT
50.43M
est: 32.01M (+57.5%)
26.47M
est: 33.52M (-21.0%)
50.81M
est: 48.32M (+5.1%)
72.47M
est: 52.22M (+38.8%)
32.01M
est: 51.88M (-38.3%)
99.11M
est: 54.05M (+83.4%)
131.39M
est: 60.93M (+115.6%)
87.96M
est: 33.51M (+162.5%)
46.90M
est: 39.03M (+20.2%)
-103.24M
est: 41.15M (-350.9%)
40.34M
39.76M – 40.92M
-2.0% YoY
41.19M
41.12M – 41.27M
+2.1% YoY
Net Income
31.54M
est: 43.19M (-27.0%)
16.06M
est: 20.01M (-19.8%)
39.42M
est: 37.86M (+4.1%)
55.78M
est: 60.49M (-7.8%)
22.54M
est: 19.28M (+16.9%)
81.32M
est: 81.33M (0.0%)
100.24M
est: 119.36M (-16.0%)
61.16M
est: 43.14M (+41.8%)
38.04M
est: 46.90M (-18.9%)
-124.28M
est: -128.69M (+3.4%)
57.45M
55.90M – 59.55M
+144.6% YoY
59.82M
57.29M – 64.43M
+4.1% YoY
SGA
70.73M
est: 38.97M (+81.5%)
83.81M
est: 143.18M (-41.5%)
102.17M
est: 129.01M (-20.8%)
95.83M
est: 133.41M (-28.2%)
89.06M
est: 150.63M (-40.9%)
93.47M
est: 118.49M (-21.1%)
96.96M
est: 87.38M (+11.0%)
101.38M
est: 60.19M (+68.4%)
102.84M
est: 70.11M (+46.7%)
125.84M
est: 73.92M (+70.2%)
72.45M
71.41M – 73.50M
-2.0% YoY
73.99M
73.86M – 74.12M
+2.1% YoY
EPS
2.22
est: 1.99 (+11.7%)
0.89
est: 1.37 (-34.9%)
1.69
est: 1.61 (+5.3%)
2.28
est: 2.40 (-4.9%)
0.95
est: 1.22 (-22.3%)
3.58
est: 3.44 (+4.2%)
4.24
est: 3.98 (+6.6%)
2.33
est: 1.98 (+17.9%)
1.32
est: 2.16 (-38.8%)
-6.14
est: -5.88 (-4.4%)
2.65
2.56 – 2.73
+145.1% YoY
2.75
2.62 – 2.95
+3.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-04-24 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-04-23 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-04-21 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-04-20 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-04-17 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5
2026-04-16 C+ 2/5 5/5 1/5 1/5 2/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
94.26M
OE per share TTM
4.30
Owner's Yield
17.70%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
20.6%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
16
Total invested
1.21M
Insider transactions (90d)
0
Beneficial owners (>5%)
14
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 (1) BlackRock, Inc. 2.29M 10.40% 2.11M 2.29M HC Delaware 2022-03-09
2 Page 1 of 8 Pages 1.34M 5.60% 1.34M 1.34M IA Delaware 2019-02-14
3 30-0447847 1.26M 5.70% 1.23M 1.26M IA Delaware Limited Partnership 2023-02-10
4 R. Robert Funderburg, Jr. 1.22M 5.10% 586.0K 633.7K 586.0K 10.00 IN OF REPORTING PERSON 2018-03-12
5 FJ Capital Management 1.21M 5.02% 1.21M IA Delaware 2019-04-12
6 Martin Friedman 1.21M 5.02% 1.21M IN Delaware 2019-04-12
7 The Vanguard Group - 23-1945930 1.14M 5.29% 16.3K IA 2024-02-13
8 Financial Opportunity Fund LLC 594.0K 2.47% 594.0K OO Delaware 2019-04-12
9 Realty Investment Company, Inc. 439.6K 1.83% 439.6K CO Delaware 2019-04-12
10 SunBridge Holdings, LLC 439.6K 1.83% 439.6K OO Delaware 2019-04-12
11 SunBridge Manager, LLC 439.6K 1.83% 439.6K OO Delaware 2019-04-12
12 Bridge Equities III, LLC 389.3K 1.62% 389.3K OO Delaware 2019-04-12
13 Bridge Equities XI, LLC 50.3K 0.21% 50.3K OO Delaware 2019-04-12
14 Financial Opportunity Long/Short Fund LLC 13.2K 0.05% 13.2K OO Delaware 2019-04-12

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
16
-122 vs prev Q
New positions
1
Closed positions
123
Increased
5
Reduced
2
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 5.0K +5.0K (+100.0%) 106.59M +106.6M (+100.0%) 0.02% +0.023 pp 0.08% +0.083 pp USD21.17 +0.0% 1 qtrs NEW
2 BLACKROCK, INC. 2.94M -64.2K (-2.1%) 62.24M +10.7M (+20.9%) 13.45% -0.315 pp 0.00% +0.000 pp USD22.24 -4.8% 6 qtrs
3 VANGUARD GROUP INC 1.23M +55.0K (+4.7%) 26.00M +5.9M (+29.3%) 5.62% +0.243 pp 0.00% +0.000 pp USD28.68 -26.2% 38 qtrs
4 DIMENSIONAL FUND ADVISORS LP 1.05M -142.5K (-11.9%) 22.25M +1.8M (+8.8%) 4.81% -0.660 pp 0.00% +0.000 pp USD26.49 -20.1% 34 qtrs
5 BUSEY WEALTH MANAGEMENT 759.3K +— (+0.0%) 16.07M +3.1M (+23.5%) 3.47% -0.005 pp 0.42% +0.061 pp USD13.33 +58.8% 24 qtrs
6 STATE STREET CORP 682.9K +62.9K (+10.1%) 14.46M +3.8M (+36.0%) 3.12% +0.283 pp 0.00% +0.000 pp USD26.74 -20.8% 39 qtrs
7 AMERICAN CENTURY COMPANIES INC 598.6K +9.3K (+1.6%) 12.67M +2.6M (+25.5%) 2.74% +0.039 pp 0.01% +0.001 pp USD22.41 -5.5% 23 qtrs
8 GEODE CAPITAL MANAGEMENT, LLC 518.4K -10.7K (-2.0%) 10.98M +1.9M (+21.0%) 2.37% -0.053 pp 0.00% +0.000 pp USD25.16 -15.9% 38 qtrs
9 AQR CAPITAL MANAGEMENT LLC 407.8K -267.8K (-39.6%) 8.63M -2.9M (-25.4%) 1.87% -1.230 pp 0.00% -0.003 pp USD19.11 +10.8% 34 qtrs
10 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 371.8K +33.6K (+9.9%) 7.87M +2.1M (+35.8%) 1.70% +0.152 pp 0.02% +0.006 pp USD21.52 -1.6% 6 qtrs
11 LSV ASSET MANAGEMENT 296.1K -31.0K (-9.5%) 6.27M +662.0K (+11.8%) 1.35% -0.144 pp 0.01% +0.001 pp USD22.88 -7.5% 27 qtrs
12 RHINO INVESTMENT PARTNERS, INC 261.5K +261.5K (+100.0%) 5.54M +5.5M (+100.0%) 1.20% +1.197 pp 1.57% +1.569 pp USD21.17 +0.0% 1 qtrs NEW
13 JACOBS LEVY EQUITY MANAGEMENT, INC 238.4K +117.4K (+97.1%) 5.05M +3.0M (+143.4%) 1.09% +0.536 pp 0.02% +0.011 pp USD22.06 -4.0% 20 qtrs
14 MILLENNIUM MANAGEMENT LLC 220.9K -95.2K (-30.1%) 4.68M -741.4K (-13.7%) 1.01% -0.438 pp 0.00% 0.000 pp USD18.33 +15.5% 29 qtrs
15 NUVEEN, LLC 202.9K -39.1K (-16.2%) 4.29M +147.6K (+3.6%) 0.93% -0.181 pp 0.00% +0.000 pp USD17.13 +23.6% 4 qtrs
16 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 181.9K +43.0K (+31.0%) 3.85M +1.5M (+61.7%) 0.83% +0.196 pp 0.00% +0.001 pp USD21.39 -1.0% 6 qtrs
17 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 175.5K -148.0 (-0.1%) 3.71M +704.6K (+23.4%) 0.80% -0.002 pp 0.00% +0.000 pp USD28.24 -25.0% 37 qtrs
18 GOLDMAN SACHS GROUP INC 174.1K +16.3K (+10.3%) 3.69M +981.0K (+36.3%) 0.80% +0.074 pp 0.00% +0.000 pp USD22.77 -7.0% 31 qtrs
19 MORGAN STANLEY 173.1K +21.4K (+14.1%) 3.67M +1.1M (+40.9%) 0.79% +0.097 pp 0.00% +0.000 pp USD23.75 -10.9% 38 qtrs
20 BANK OF AMERICA CORP /DE/ 168.7K -43.1K (-20.3%) 3.57M -58.0K (-1.6%) 0.77% -0.199 pp 0.00% +0.000 pp USD21.79 -2.8% 39 qtrs
21 ACADIAN ASSET MANAGEMENT LLC 158.6K +30.0K (+23.3%) 3.36M +1.2M (+52.5%) 0.73% +0.136 pp 0.01% +0.002 pp USD18.20 +16.3% 8 qtrs
22 NORTHERN TRUST CORP 148.9K -14.2K (-8.7%) 3.15M +356.5K (+12.8%) 0.68% -0.066 pp 0.00% +0.000 pp USD30.12 -29.7% 39 qtrs
23 TWO SIGMA INVESTMENTS, LP 147.2K +7.6K (+5.5%) 3.12M +723.6K (+30.2%) 0.67% +0.034 pp 0.00% +0.001 pp USD19.78 +7.0% 25 qtrs
24 ALGERT GLOBAL LLC 130.9K +55.3K (+73.1%) 2.77M +1.5M (+113.7%) 0.60% +0.252 pp 0.04% +0.022 pp USD18.84 +12.4% 2 qtrs
25 BANK OF NEW YORK MELLON CORP 124.1K -67.5K (-35.2%) 2.63M -657.4K (-20.0%) 0.57% -0.310 pp 0.00% 0.000 pp USD28.52 -25.8% 37 qtrs
26 D. E. SHAW & CO., INC. 116.2K +73.4K (+171.4%) 2.46M +1.7M (+235.2%) 0.53% +0.336 pp 0.00% +0.001 pp USD21.00 +0.8% 25 qtrs
27 JPMORGAN CHASE & CO 115.0K +33.3K (+40.8%) 2.44M +1.0M (+73.9%) 0.53% +0.152 pp 0.00% +0.000 pp USD22.91 -7.6% 38 qtrs
28 BRIDGEWAY CAPITAL MANAGEMENT, LLC 110.7K +6.5K (+6.3%) 2.34M +557.6K (+31.2%) 0.51% +0.029 pp 0.05% +0.011 pp USD25.88 -18.2% 35 qtrs
29 TREXQUANT INVESTMENT LP 104.6K +35.6K (+51.5%) 2.22M +1.0M (+87.1%) 0.48% +0.162 pp 0.02% +0.008 pp USD20.25 +4.5% 14 qtrs
30 TWO SIGMA ADVISERS, LP 104.4K -4.1K (-3.8%) 2.21M +350.5K (+18.8%) 0.48% -0.020 pp 0.00% +0.001 pp USD21.44 -1.3% 25 qtrs
31 JANE STREET GROUP, LLC 101.4K +40.4K (+66.2%) 2.15M +1.1M (+105.2%) 0.46% +0.184 pp 0.00% +0.000 pp USD18.75 +12.9% 9 qtrs
32 AMERIPRISE FINANCIAL INC 96.6K +22.5K (+30.4%) 2.04M +775.0K (+61.0%) 0.44% +0.103 pp 0.00% +0.000 pp USD20.83 +1.6% 29 qtrs
33 PRUDENTIAL FINANCIAL INC 71.5K -90.5K (-55.9%) 1.51M -1.3M (-45.5%) 0.33% -0.415 pp 0.00% -0.002 pp USD21.81 -2.9% 28 qtrs
34 BARCLAYS PLC 69.5K +4.1K (+6.2%) 1.47M +7.0K (+0.5%) 0.32% +0.018 pp 0.00% +0.000 pp USD22.62 -6.4% 39 qtrs
35 ROYAL BANK OF CANADA 68.6K +67.8K (+8,633.1%) 1.45M +1.4M (+10,264.3%) 0.31% +0.310 pp 0.00% +0.000 pp USD21.18 0.0% 37 qtrs
36 EMPOWERED FUNDS, LLC 67.5K +6.5K (+10.7%) 1.43M +383.5K (+36.7%) 0.31% +0.029 pp 0.01% +0.001 pp USD20.86 +1.5% 11 qtrs
37 CITADEL ADVISORS LLC 65.9K +11.1K (+20.2%) 1.40M +455.1K (+48.4%) 0.30% +0.050 pp 0.00% +0.000 pp USD20.05 +5.6% 8 qtrs
38 LOS ANGELES CAPITAL MANAGEMENT LLC 86.5K +7.2K (+9.1%) 1.39M +26.8K (+2.0%) 0.40% +0.033 pp 0.00% +0.000 pp USD17.60 +20.3% 9 qtrs
39 CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. 57.5K +233.0 (+0.4%) 1.22M +235.8K (+24.0%) 0.26% +0.001 pp 0.00% +0.000 pp USD20.31 +4.2% 5 qtrs
40 UBS GROUP AG 53.3K +6.5K (+13.9%) 1.13M +325.9K (+40.6%) 0.24% +0.029 pp 0.00% +0.000 pp USD20.48 +3.4% 39 qtrs
41 FEDERATED HERMES, INC. 51.8K +19.0K (+58.0%) 1.10M +534.6K (+95.1%) 0.24% +0.087 pp 0.00% +0.001 pp USD23.39 -9.5% 37 qtrs
42 UNIVERSAL- BETEILIGUNGS- UND SERVICEGESELLSCHAFT MBH 51.8K +73.0 (+0.1%) 1.10M +209.8K (+23.7%) 0.24% +0.000 pp 0.00% +0.000 pp USD24.40 -13.2% 5 qtrs
43 IEQ CAPITAL, LLC 47.6K -25.1K (-34.6%) 1.01M -239.2K (-19.2%) 0.22% -0.116 pp 0.00% -0.001 pp USD18.04 +17.4% 5 qtrs
44 CREATIVE PLANNING 47.0K -34.4K (-42.3%) 994.8K -399.9K (-28.7%) 0.22% -0.158 pp 0.00% 0.000 pp USD17.21 +23.0% 4 qtrs
45 HSBC HOLDINGS PLC 47.0K +12.2K (+34.9%) 989.9K +397.4K (+67.1%) 0.22% +0.055 pp 0.00% +0.000 pp USD23.27 -9.0% 20 qtrs
46 RUSSELL INVESTMENTS GROUP, LTD. 46.0K +13.0K (+39.6%) 973.2K +408.7K (+72.4%) 0.21% +0.059 pp 0.00% +0.000 pp USD21.74 -2.6% 24 qtrs
47 JUMP FINANCIAL, LLC 45.3K +5.4K (+13.5%) 959.0K +275.0K (+40.2%) 0.21% +0.024 pp 0.01% +0.004 pp USD18.48 +14.6% 8 qtrs
48 QUANTINNO CAPITAL MANAGEMENT LP 43.1K +9.9K (+30.0%) 911.4K +343.6K (+60.5%) 0.20% +0.045 pp 0.00% +0.000 pp USD18.06 +17.2% 4 qtrs
49 SQUAREPOINT OPS LLC 43.0K +4.8K (+12.7%) 910.5K +256.2K (+39.2%) 0.20% +0.022 pp 0.00% +0.000 pp USD17.64 +20.0% 3 qtrs
50 COMMONWEALTH EQUITY SERVICES, LLC 41.8K +992.0 (+2.4%) 884.8K +185.8K (+26.6%) 0.19% +0.004 pp 0.00% +0.000 pp USD17.24 +22.8% 6 qtrs
51 INVESCO LTD. 39.7K -710.0 (-1.8%) 840.9K +147.9K (+21.3%) 0.18% -0.004 pp 0.00% +0.000 pp USD24.37 -13.1% 32 qtrs
52 ALLIANCEBERNSTEIN L.P. 37.7K +4.2K (+12.5%) 797.5K +223.8K (+39.0%) 0.17% +0.019 pp 0.00% +0.000 pp USD23.24 -8.9% 38 qtrs
53 NUMERAI GP LLC 35.3K -12.2K (-25.7%) 747.2K -66.6K (-8.2%) 0.16% -0.056 pp 0.09% -0.025 pp USD17.14 +23.5% 2 qtrs
54 MARINER, LLC 32.4K +4.3K (+15.4%) 686.7K +204.8K (+42.5%) 0.15% +0.020 pp 0.00% +0.000 pp USD23.11 -8.4% 9 qtrs
55 GRAHAM CAPITAL MANAGEMENT, L.P. 31.6K -2.2K (-6.4%) 669.4K +90.4K (+15.6%) 0.14% -0.010 pp 0.02% +0.007 pp USD17.14 +23.5% 2 qtrs
56 WELLS FARGO & COMPANY/MN 30.4K +11.3K (+59.2%) 643.2K +316.0K (+96.6%) 0.14% +0.052 pp 0.00% +0.000 pp USD21.69 -2.4% 39 qtrs
57 FMR LLC 29.3K +5.0K (+20.7%) 620.3K +204.1K (+49.0%) 0.13% +0.023 pp 0.00% +0.000 pp USD23.95 -11.6% 16 qtrs
58 RHUMBLINE ADVISERS 28.8K -2.0K (-6.4%) 610.6K +82.7K (+15.7%) 0.13% -0.009 pp 0.00% +0.000 pp USD26.14 -19.0% 35 qtrs
59 STATE OF WISCONSIN INVESTMENT BOARD 26.0K +11.4K (+78.1%) 550.4K +300.2K (+120.0%) 0.12% +0.052 pp 0.00% +0.001 pp USD19.00 +11.4% 3 qtrs
60 POINT72 ASSET MANAGEMENT, L.P. 22.6K +22.6K (+100.0%) 479.1K +479.1K (+100.0%) 0.10% +0.104 pp 0.00% +0.001 pp USD21.17 +0.0% 6 qtrs
61 XTX TOPCO LTD 22.2K +22.2K (+100.0%) 470.6K +470.6K (+100.0%) 0.10% +0.102 pp 0.01% +0.012 pp USD21.17 +0.0% 3 qtrs
62 OCCUDO QUANTITATIVE STRATEGIES LP 22.1K +6.1K (+38.4%) 468.2K +194.3K (+71.0%) 0.10% +0.028 pp 0.03% -0.002 pp USD18.26 +15.9% 2 qtrs
63 MIDLAND WEALTH ADVISORS LLC 21.4K +7.1K (+49.9%) 452.7K +208.1K (+85.1%) 0.10% +0.033 pp 0.02% +0.011 pp USD18.60 +13.8% 3 qtrs
64 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 21.0K +6.6K (+45.5%) 445.3K +197.5K (+79.7%) 0.10% +0.030 pp 0.00% +0.001 pp USD22.38 -5.4% 20 qtrs
65 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 20.2K +20.2K (+100.0%) 427.0K +427.0K (+100.0%) 0.09% +0.092 pp 0.01% +0.015 pp USD21.17 +0.0% 1 qtrs NEW
66 CITIGROUP INC 19.4K +3.2K (+19.6%) 411.1K +132.7K (+47.7%) 0.09% +0.014 pp 0.00% +0.000 pp USD23.50 -9.9% 39 qtrs
67 VALEO FINANCIAL ADVISORS, LLC 19.0K -124.0 (-0.7%) 401.2K +74.2K (+22.7%) 0.09% -0.001 pp 0.01% +0.002 pp USD23.96 -11.6% 17 qtrs
68 WALLEYE CAPITAL LLC 18.7K -15.2K (-44.8%) 396.4K -185.2K (-31.8%) 0.09% -0.070 pp 0.00% -0.001 pp USD17.28 +22.5% 3 qtrs
69 RAFFERTY ASSET MANAGEMENT, LLC 18.1K -5.2K (-22.4%) 382.9K -16.6K (-4.2%) 0.08% -0.024 pp 0.00% +0.000 pp USD23.19 -8.7% 11 qtrs
70 GSA CAPITAL PARTNERS LLP 18.0K -5.4K (-23.1%) 381.0K -20.0K (-5.0%) 0.08% -0.025 pp 0.03% -0.001 pp USD17.32 +22.2% 3 qtrs
71 QUEST PARTNERS LLC 18.0K -1.1K (-5.6%) 380.1K +54.1K (+16.6%) 0.08% -0.005 pp 0.02% +0.000 pp USD17.24 +22.8% 6 qtrs
72 KLP KAPITALFORVALTNING AS 17.3K +— (+0.0%) 366.2K +69.7K (+23.5%) 0.08% 0.000 pp 0.00% +0.000 pp USD22.68 -6.7% 5 qtrs
73 CWM, LLC 16.5K -7.0K (-29.9%) 350.0K -54.0K (-13.4%) 0.08% -0.032 pp 0.00% 0.000 pp USD17.85 +18.6% 7 qtrs
74 BNP PARIBAS ARBITRAGE, SNC 15.9K -32.2K (-66.9%) 337.5K -487.1K (-59.1%) 0.07% -0.148 pp 0.00% 0.000 pp USD22.84 -7.3% 39 qtrs
75 MERCER GLOBAL ADVISORS INC /ADV 14.6K +3.8K (+35.7%) 308.4K +124.5K (+67.7%) 0.07% +0.018 pp 0.00% +0.000 pp USD18.20 +16.3% 2 qtrs
76 DEUTSCHE BANK AG\ 14.6K +8.6K (+145.9%) 308.3K +206.8K (+203.7%) 0.07% +0.040 pp 0.00% +0.000 pp USD22.51 -6.0% 39 qtrs
77 SEI INVESTMENTS CO 14.5K +1.8K (+14.4%) 306.5K +89.6K (+41.3%) 0.07% +0.008 pp 0.00% +0.000 pp USD22.04 -3.9% 6 qtrs
78 NISA INVESTMENT ADVISORS, LLC 13.4K +10.9K (+431.9%) 283.2K +240.1K (+557.0%) 0.06% +0.050 pp 0.00% +0.001 pp USD19.76 +7.1% 22 qtrs
79 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 12.4K -1.4K (-10.3%) 266.4K +34.0K (+14.6%) 0.06% -0.007 pp 0.00% +0.000 pp USD17.14 +23.5% 2 qtrs
80 SG AMERICAS SECURITIES, LLC 12.5K +3.9K (+45.9%) 265.0K +118.0K (+80.3%) 0.06% +0.018 pp 0.00% 0.000 pp USD22.29 -5.0% 7 qtrs
81 PRICE T ROWE ASSOCIATES INC /MD/ 12.3K +1.4K (+12.8%) 262.0K +74.0K (+39.4%) 0.06% +0.006 pp 0.00% +0.000 pp USD17.60 +20.3% 2 qtrs
82 MONETA GROUP INVESTMENT ADVISORS LLC 12.2K +— (+0.0%) 259.1K +49.3K (+23.5%) 0.06% 0.000 pp 0.00% +0.000 pp USD18.64 +13.6% 24 qtrs
83 HIGHTOWER ADVISORS, LLC 12.1K +8.0 (+0.1%) 255.5K +48.8K (+23.6%) 0.06% +0.000 pp 0.00% +0.000 pp USD23.37 -9.4% 14 qtrs
84 METLIFE INVESTMENT MANAGEMENT, LLC 11.9K +— (+0.0%) 252.5K +48.1K (+23.5%) 0.05% 0.000 pp 0.00% +0.000 pp USD30.66 -31.0% 33 qtrs
85 HENNION & WALSH ASSET MANAGEMENT, INC. 11.4K -924.0 (-7.5%) 242.2K +30.3K (+14.3%) 0.05% -0.004 pp 0.01% +0.001 pp USD17.32 +22.2% 3 qtrs
86 SCHONFELD STRATEGIC ADVISORS LLC 10.3K +10.3K (+100.0%) 217.4K +217.4K (+100.0%) 0.05% +0.047 pp 0.00% +0.001 pp USD21.17 +0.0% 1 qtrs NEW
87 SMITH, MOORE & CO. 9.9K +9.9K (+100.0%) 210.3K +210.3K (+100.0%) 0.05% +0.046 pp 0.02% +0.016 pp USD21.17 +0.0% 1 qtrs NEW
88 SUSQUEHANNA PORTFOLIO STRATEGIES, LLC 9.6K +9.6K (+100.0%) 202.7K +202.7K (+100.0%) 0.04% +0.044 pp 0.00% +0.003 pp USD21.17 +0.0% 1 qtrs NEW
89 MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. 9.6K -63.0 (-0.7%) 202.5K +37.5K (+22.7%) 0.04% 0.000 pp 0.00% +0.000 pp USD22.44 -5.7% 7 qtrs
90 POLICE & FIREMEN'S RETIREMENT SYSTEM OF NEW JERSEY 6.1K +— (+0.0%) 128.1K +24.4K (+23.5%) 0.03% +0.000 pp 0.00% +0.000 pp USD22.20 -4.6% 5 qtrs
91 IFP ADVISORS, INC 5.3K -63.0 (-1.2%) 112.3K +20.3K (+22.1%) 0.02% 0.000 pp 0.00% +0.000 pp USD22.28 -5.0% 7 qtrs
92 ANCORA ADVISORS, LLC 4.6K -10.3K (-69.0%) 97.8K -157.9K (-61.8%) 0.02% -0.047 pp 0.00% -0.003 pp USD33.29 -36.4% 35 qtrs
93 QUADRANT CAPITAL GROUP LLC 4.6K +3.5K (+302.7%) 97.4K +77.8K (+397.4%) 0.02% +0.016 pp 0.00% +0.002 pp USD20.17 +5.0% 24 qtrs
94 NEW YORK STATE COMMON RETIREMENT FUND 3.6K -4.1K (-53.4%) 75.7K -55.9K (-42.5%) 0.02% -0.019 pp 0.00% 0.000 pp USD27.93 -24.2% 38 qtrs
95 GREAT WEST LIFE ASSURANCE CO /CAN/ 2.0K +503.0 (+33.1%) 43.0K +17.0K (+65.4%) 0.01% +0.002 pp 0.00% +0.000 pp USD24.33 -13.0% 35 qtrs
96 TOWER RESEARCH CAPITAL LLC (TRC) 1.9K +1.1K (+128.0%) 41.3K +26.6K (+181.5%) 0.01% +0.005 pp 0.00% +0.001 pp USD22.30 -5.1% 23 qtrs
97 CENTRAL TRUST CO 1.9K +— (+0.0%) 39.8K +7.6K (+23.5%) 0.01% +0.000 pp 0.00% +0.000 pp USD25.34 -16.5% 38 qtrs
98 LEGAL & GENERAL GROUP PLC 1.9K +— (+0.0%) 39.5K +7.5K (+23.5%) 0.01% +0.000 pp 0.00% +0.000 pp USD23.19 -8.7% 37 qtrs
99 VERSANT CAPITAL MANAGEMENT, INC 1.9K -134.0 (-6.7%) 39.3K +5.2K (+15.2%) 0.01% -0.001 pp 0.00% +0.000 pp USD17.38 +21.8% 5 qtrs
100 US BANCORP \DE\ 1.7K +261.0 (+18.3%) 35.7K +11.3K (+46.1%) 0.01% +0.001 pp 0.00% +0.000 pp USD21.25 -0.4% 35 qtrs
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 92 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 ProShares - Russell 2000 Dividend Growers ETF SMDV 0.99% 6.85M 0.40%
2 iShares US Small Cap Value Factor ETF SVAL 0.54% 1.07M 0.20%
3 Royce Quant Small-Cap Quality Value ETF SQLV 0.42% 121.6K 0.60%
4 First Trust NASDAQ ABA Community Bank Index Fund QABA 0.26% 231.5K 0.63%
5 Vanguard U.S. Multifactor ETF VFMF 0.17% 1.07M 0.18%
6 Federated Hermes MDT Small Cap Core ETF FSCC 0.14% 235.8K 0.51%
7 iShares Micro-Cap ETF IWC 0.14% 2.01M 0.60%
8 First Trust Active Factor Small Cap ETF AFSM 0.13% 144.9K 0.75%
9 EA Bridgeway Omni Small-Cap Value ETF BSVO 0.12% 2.04M 0.47%
10 State Street SPDR S&P Regional Banking ETF KRE 0.11% 5.43M 0.35%

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
15.00
Bullish
Ratio by volume
2.74
Bullish
Buys
15
Sells
1
Shares acquired
7.7K
Shares disposed
2.8K
Cash buys
Cash sales
1.00
Net activity
+4,889
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-03-31 Smith Jeffrey C. Director A-Award A Common Share Equivalent 300 0.00 8,720 D
2026-03-31 Schultz Robert F. Director A-Award A Common Share Equivalent 8 0.00 106,551 D
2026-03-31 Ramos Richard T Director A-Award A Common Share Equivalent 705 0.00 46,340 D
2026-03-31 McDonnell Jeffrey M Director A-Award A Common Share Equivalents 388 0.00 18,778 D
2026-03-31 McDaniel Jerry L. Director A-Award A Common Share Equivalent 544 0.00 37,533 D
2026-03-31 Ludwig Jeffrey G. Director / Officer A-Award A Common Stock 1,312 19.05 25.0K 400,971 D
2026-03-31 Jameson Jeremy Andrew Officer A-Award A Common Stock 751 19.05 14.3K 64,634 D
2026-03-31 Franklin Travis Director A-Award A Common Share Equivalent 129 22.65 2.9K 9,354 D
2026-03-31 DiMotta Jennifer Director A-Award A Common Share Equivalent 227 0.00 11,195 D
2026-03-31 Carlson Gerald Joseph Director A-Award A Common Share Equivalent 147 0.00 10,668 D
2026-03-31 Bingham Richard Dean Director A-Award A Common Share Equivalent 448 0.00 22,736 D
2026-03-05 Stack Claire Ann Officer Common Stock 0 0.00 1,641 D
2026-02-03 Deutsch James F. Director Common Stock 0 0.00 438,500 I
2026-01-28 Mooney Kyle Owen Officer S-Sale D Common Stock 2,808 22.67 63.7K 14,207 D
2025-12-31 Smith Jeffrey C. Director A-Award A Common Share Equivalent 412 0.00 8,083 D
2025-12-31 Schultz Robert F. Director A-Award A Common Share Equivalent 8 0.00 106,544 D
2025-12-31 Ramos Richard T Director A-Award A Common Share Equivalent 982 0.00 45,635 D
2025-12-31 McDonnell Jeffrey M Director A-Award A Common Share Equivalents 530 0.00 17,847 D
2025-12-31 McDaniel Jerry L. Director A-Award A Common Share Equivalent 758 0.00 36,989 D
2025-12-31 Jameson Jeremy Andrew Officer A-Award A Common Stock 471 15.13 7.1K 63,883 D
2025-12-31 Franklin Travis Director A-Award A Common Share Equivalent 168 22.65 3.8K 8,658 D
2025-12-31 DiMotta Jennifer Director A-Award A Common Share Equivalent 316 0.00 10,968 D
2025-12-31 Carlson Gerald Joseph Director A-Award A Common Share Equivalent 190 0.00 9,813 D
2025-12-31 Bingham Richard Dean Director A-Award A Common Share Equivalent 610 0.00 21,544 D
2025-12-03 Smith Jeffrey C. Director P-Purchase A Common Stock 500 17.69 8.8K 34,109 D
2025-12-03 Jameson Jeremy Andrew Officer P-Purchase A Common Stock 5,598 17.69 99.0K 63,412 D
2025-12-03 Casey Daniel Edward Officer P-Purchase A Common Stock 3,000 17.64 52.9K 28,254 D
2025-12-03 Bingham Richard Dean Director P-Purchase A Common Stock 5,000 17.56 87.8K 27,700 D
2025-12-02 Mooney Kyle Owen Officer Common Stock 0 0.00 17,015 D
2025-11-07 Spring Donald J. Officer F-InKind D Common Stock 140 16.01 2.2K 9,082 D
2025-11-07 Mefford Jeffrey S. Officer F-InKind D Common Stock 894 16.01 14.3K 77,211 D
2025-11-07 Lemke Eric Officer F-InKind D Common Stock 573 16.01 9.2K 42,119 D
2025-11-07 Jameson Jeremy Andrew Officer F-InKind D Common Stock 170 16.01 2.7K 57,814 D
2025-11-07 Casey Daniel Edward Officer F-InKind D Common Stock 395 16.01 6.3K 23,254 D
2025-11-06 Spring Donald J. Officer F-InKind D Common Stock 164 15.97 2.6K 9,222 D
2025-11-06 Mefford Jeffrey S. Officer F-InKind D Common Stock 954 15.97 15.2K 78,105 D
2025-11-06 Lemke Eric Officer F-InKind D Common Stock 641 15.97 10.2K 42,692 D
2025-11-06 Casey Daniel Edward Officer F-InKind D Common Stock 463 15.97 7.4K 23,649 D
2025-11-03 Spring Donald J. Officer A-Award A Common Stock 4,000 14.64 58.6K 9,386 D
2025-11-03 Mefford Jeffrey S. Officer A-Award A Common Stock 23,310 14.64 341.3K 79,059 D
2025-11-03 Ludwig Jeffrey G. Director / Officer A-Award A Common Stock 38,410 14.64 562.3K 399,659 D
2025-11-03 Lemke Eric Officer A-Award A Common Stock 14,940 14.64 218.7K 43,333 D
2025-11-03 Jameson Jeremy Andrew Officer A-Award A Common Stock 23,310 14.64 341.3K 57,984 D
2025-11-03 Casey Daniel Edward Officer A-Award A Common Stock 10,760 14.64 157.5K 24,112 D
2025-11-01 Spring Donald J. Officer F-InKind D Common Stock 199 14.64 2.9K 5,386 D
2025-11-01 Mefford Jeffrey S. Officer F-InKind D Common Stock 742 14.64 10.9K 55,749 D
2025-11-01 Lemke Eric Officer F-InKind D Common Stock 472 14.64 6.9K 28,393 D
2025-10-31 Spring Donald J. Officer F-InKind D Common Stock 114 14.64 1.7K 5,585 D
2025-10-31 Mefford Jeffrey S. Officer F-InKind D Common Stock 445 14.64 6.5K 56,491 D
2025-10-31 Lemke Eric Officer F-InKind D Common Stock 294 14.64 4.3K 28,865 D
2025-09-30 Smith Jeffrey C. Director A-Award A Common Share Equivalent 416 0.00 7,302 D
2025-09-30 Schultz Robert F. Director A-Award A Common Share Equivalent 10 0.00 102,237 D
2025-09-30 Ramos Richard T Director A-Award A Common Share Equivalent 899 0.00 44,652 D
2025-09-30 McDonnell Jeffrey M Director A-Award A Common Share Equivalents 671 0.00 16,844 D
2025-09-30 McDaniel Jerry L. Director A-Award A Common Share Equivalent 693 0.00 36,231 D
2025-09-30 Franklin Travis Director A-Award A Common Share Equivalent 141 22.65 3.2K 8,490 D
2025-09-30 DiMotta Jennifer Director A-Award A Common Share Equivalent 290 0.00 10,652 D
2025-09-30 Carlson Gerald Joseph Director A-Award A Common Share Equivalent 875 0.00 9,464 D
2025-09-30 Bingham Richard Dean Director A-Award A Common Share Equivalent 919 0.00 20,934 D
2025-09-02 Jameson Jeremy Andrew Officer Common Stock 0 0.00 34,674 D
2025-08-05 Spring Donald J. Officer D-Return D Common Stock 53 16.71 885.63 5,699 D
2025-06-30 Smith Jeffrey C. Director A-Award A Restricted Stock Unit 3,010 0.00 13,126 D
2025-06-30 Schultz Robert F. Director A-Award A Common Share Equivalent 10 0.00 102,227 D
2025-06-30 Ramos Richard T Director A-Award A Common Stock 2,598 17.32 45.0K 20,103 D
2025-06-30 McDonnell Jeffrey M Director A-Award A Restricted Stock Unit 3,262 0.00 9,455 D
2025-06-30 McDaniel Jerry L. Director A-Award A Common Stock 2,598 17.32 45.0K 8,258 D
2025-06-30 Ludwig Jeffrey G. Director / Officer A-Award A Common Stock 1,615 15.48 25.0K 361,249 D
2025-06-30 DiMotta Jennifer Director A-Award A Common Stock 2,598 17.32 45.0K 6,799 D
2025-06-30 Carlson Gerald Joseph Director A-Award A Common Share Equivalent 87 0.00 5,124 D
2025-06-30 Bingham Richard Dean Director A-Award A Restricted Stock Unit 3,508 0.00 9,879 D
2025-05-01 Casey Daniel Edward Officer F-InKind D Common Stock 217 17.62 3.8K 13,352 D
2023-10-31 Mooney Kyle Owen Officer Option (right to buy) 5,678 28.43 161.4K 0 D
2017-11-16 Mooney Kyle Owen Officer Option (right to buy) 1,198 28.59 34.3K 0 D

Executive team

Top executives
EBIT / Employee
-121.5K
Shares Outstanding
21.47M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Jeffrey G. Ludwig President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank 749.8K 562.3K 195.0K 25.2K 1.53M 36.70%
2 2025 Jeremy A. Jameson Executive Vice President and Chief Credit Officer of the Bank 456.4K 841.3K 118.7K 11.5K 1.43M 58.92%
3 2025 Jeffrey S. Mefford Executive Vice President of the Company and President of the Bank 525.0K 341.3K 126.0K 23.6K 1.02M 33.59%
4 2025 Eric T. Lemke Senior Vice President and Chief Financial Officer of the Company and the Bank 437.4K 218.7K 70.0K 16.1K 742.2K 29.47%
5 2025 Daniel E. Casey Executive Vice President and Chief Risk Officer of the Bank 340.6K 157.5K 54.5K 11.6K 564.3K 27.92%
6 2024 Jeffrey G. Ludwig President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank 749.8K 562.3K 130.2K 23.9K 1.47M 38.35%
7 2024 Jeffrey S. Mefford Executive Vice President of the Company and President of the Bank 525.0K 341.1K 82.2K 22.3K 970.6K 35.14%
8 2024 Eric T. Lemke Senior Vice President and Chief Financial Officer of the Company and the Bank 437.4K 218.6K 46.3K 15.8K 718.1K 30.45%
9 2024 Daniel E. Casey Executive Vice President and Chief Risk Officer of the Bank 334.8K 150.7K 35.9K 10.5K 531.9K 28.33%
10 2023 Jeffrey G. Ludwig President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank 721.0K 540.8K 348.7K 23.3K 1.63M 33.10%
11 2023 Jeffrey S. Mefford Executive Vice President of the Company and President of the Bank 463.6K 401.2K 206.9K 21.5K 1.09M 36.70%
12 2023 Eric T. Lemke Senior Vice President and Chief Financial Officer of the Company and the Bank 405.0K 202.5K 119.9K 14.8K 742.2K 27.28%
13 2023 Daniel E. Casey Executive Vice President and Chief Risk Officer of the Bank 206.3K 196.2K 61.9K 6.3K 470.7K 41.69%
14 2022 Jeffrey G. Ludwig President and Chief Executive Officer 700.0K 262.5K 257.1K 535.8K 22.4K 1.78M 29.23%
15 2022 Jeffrey S. Mefford President of the Bank 450.0K 146.2K 143.2K 318.1K 20.7K 1.08M 26.84%
16 2022 Eric T. Lemke Chief Financial Officer 385.0K 96.3K 94.3K 183.3K 13.6K 772.4K 24.66%
17 2022 Douglas J. Tucker Senior Vice President and Corporate Counsel 380.0K 95.0K 93.0K 181.4K 9.2K 758.6K 24.79%
18 2022 James R. Stewart Senior Vice President and Chief Risk Officer 346.0K 86.5K 84.7K 165.3K 9.2K 691.7K 24.75%
19 2021 Jeffrey G. Ludwig President and Chief Executive Officer 572.0K 372.5K 615.1K 21.5K 1.58M 23.56%
20 2021 Jeffrey S. Mefford President of the Bank 400.0K 220.4K 397.1K 19.4K 1.04M 21.26%
21 2021 Douglas J. Tucker Senior Vice President and Corporate Counsel 354.3K 159.8K 234.5K 8.7K 757.3K 21.10%
22 2021 Eric T. Lemke Chief Financial Officer 350.0K 140.3K 223.6K 21.6K 735.5K 19.07%
23 2021 James R. Stewart Senior Vice President and Chief Risk Officer 324.5K 146.3K 214.7K 8.7K 694.2K 21.07%
24 2020 Jeffrey G. Ludwig President and Chief Executive Officer 572.0K 194.4K 241.7K 19.2K 1.03M 18.92%
25 2020 Jeffrey G. Ludwig President and Chief Executive Officer 572.0K 194.4K 241.7K 19.2K 1.03M 18.92%
26 2020 Jeffrey S. Mefford Executive Vice President and President of the Bank 400.0K 115.0K 154.2K 19.8K 689.1K 16.69%
27 2020 Jeffrey S. Mefford President of the Bank 400.0K 115.0K 154.2K 19.8K 689.1K 16.69%
28 2020 Douglas J. Tucker Senior Vice President and Corporate Counsel 354.3K 83.4K 92.1K 8.6K 538.6K 15.48%
29 2020 Douglas J. Tucker Senior Vice President and Corporate Counsel 354.3K 83.4K 92.1K 8.6K 538.4K 15.49%
30 2020 James R. Stewart Senior Vice President and Chief Risk Officer of the Bank 324.5K 76.4K 84.4K 8.6K 493.7K 15.46%
31 2020 James R. Stewart Senior Vice President and Chief Risk Officer 324.5K 76.4K 84.4K 8.6K 493.7K 15.46%
32 2020 Eric T. Lemke Chief Financial Officer 305.0K 63.8K 79.3K 19.1K 467.1K 13.66%
33 2020 Eric T. Lemke Chief Financial Officer 305.0K 63.8K 79.3K 19.1K 467.1K 13.66%
34 2019 Jeffrey G. Ludwig President and Chief Executive Officer 572.0K 372.5K 392.6K 16.9K 1.35M 27.51%
35 2019 Jeffrey G. Ludwig President and Chief Executive Officer 572.0K 372.5K 392.6K 16.9K 1.35M 27.51%
36 2019 Jeffrey S. Mefford President of the Bank 400.0K 220.4K 253.4K 16.7K 890.5K 24.75%
37 2019 Jeffrey S. Mefford Executive Vice President and President of the Bank 400.0K 220.4K 253.4K 16.7K 890.5K 24.75%
38 2019 Douglas J. Tucker Senior Vice President and Corporate Counsel 351.5K 159.8K 149.7K 8.4K 668.2K 23.91%
39 2019 Douglas J. Tucker Senior Vice President and Corporate Counsel 351.5K 159.8K 149.7K 8.4K 668.2K 23.91%
40 2019 James R. Stewart Senior Vice President and Chief Risk Officer of the Bank 321.9K 146.3K 137.0K 8.4K 612.6K 23.88%
41 2019 James R. Stewart Senior Vice President and Chief Risk Officer 321.9K 146.3K 137.0K 8.4K 612.6K 23.88%
42 2019 Donald J. Spring 218.4K 150.1K 69.2K 8.4K 446.0K 33.65%
43 2019 Eric T. Lemke Chief Financial Officer 179.7K 122.2K 37.9K 6.7K 346.6K 35.27%
44 2019 Eric T. Lemke Chief Financial Officer 179.7K 122.2K 37.9K 6.7K 346.6K 35.27%
45 2019 Stephen A. Erickson Former Chief Financial Officer 222.7K 8.4K 231.1K 0.00%
46 2018 Leon J. Holschbach Chief Executive Officer 596.0K 75.0K 267.0K 23.6K 1.24M 0.00%
47 2018 Jeffrey G. Ludwig President and Chief Executive Officer 472.0K 50.0K 306.8K 181.2K 18.2K 1.03M 29.84%
48 2018 Jeffrey G. Ludwig President and former Chief Financial Officer 472.0K 50.0K 306.8K 181.2K 18.2K 1.03M 29.84%
49 2018 Jeffrey S. Mefford President of the Bank 344.0K 25.0K 189.2K 110.1K 18.1K 686.4K 27.57%
50 2018 Jeffrey S. Mefford Executive Vice President and President of the Bank 344.0K 25.0K 189.2K 110.1K 18.1K 686.4K 27.57%
51 2018 Douglas J. Tucker Senior Vice President and Corporate Counsel 344.0K 25.0K 154.8K 88.1K 8.3K 620.1K 24.96%
52 2018 James R. Stewart Senior Vice President and Chief Risk Officer of the Bank 315.0K 15.0K 141.7K 80.6K 8.3K 560.6K 25.28%
53 2018 James R. Stewart Chief Risk Officer of the Bank 315.0K 15.0K 141.7K 80.6K 8.3K 560.6K 25.28%
54 2018 Stephen A. Erickson Former Chief Financial Officer 302.1K 25.0K 130.0K 77.3K 11.2K 545.7K 23.82%
55 2018 Stephen A. Erickson Former Chief Financial Officer 302.1K 25.0K 130.0K 77.3K 11.2K 545.7K 23.82%
56 2017 Leon J. Holschbach Chief Executive Officer 546.7K 397.5K 273.4K 23.4K 1.45M 27.32%
57 2017 Jeffrey G. Ludwig President and former Chief Financial Officer 405.3K 216.1K 182.4K 18.0K 821.7K 26.30%
58 2017 Jeffrey G. Ludwig President 405.3K 182.4K 216.1K 18.0K 821.7K 26.30%
59 2017 Jeffrey G. Ludwig President and Chief Executive Officer 405.3K 216.1K 182.4K 18.0K 821.7K 26.30%
60 2017 Jeffrey S. Mefford Executive Vice President and President of the Bank 314.3K 25.0K 152.4K 125.7K 15.5K 632.9K 24.07%
61 2017 Jeffrey S. Mefford President of the Bank 314.3K 25.0K 152.4K 125.7K 15.5K 632.9K 24.07%
62 2017 Douglas J. Tucker Senior Vice President and Corporate Counsel 318.1K 25.0K 138.8K 111.3K 8.1K 601.3K 23.08%
63 2017 James R. Stewart Chief Risk Officer of the Bank 266.7K 15.0K 116.4K 93.4K 8.1K 499.5K 23.29%
64 2017 James R. Stewart Senior Vice President and Chief Risk Officer of the Bank 266.7K 15.0K 116.4K 93.4K 8.1K 499.5K 23.29%
65 2016 Leon J. Holschbach Chief Executive Officer and President 532.0K 295.8K 201.5K 243.3K 1.27M 15.83%
66 2016 Leon J. Holschbach Chief Executive Officer 532.0K 201.5K 295.8K 24.3K 1.27M 15.83%
67 2016 Jeffrey G. Ludwig Executive Vice President (and Chief Financial Officer prior to November 2016) 395.0K 197.7K 101.4K 22.6K 17.6K 734.4K 16.89%
68 2016 Jeffrey G. Ludwig President and former Chief Financial Officer 395.0K 101.4K 22.6K 197.7K 17.6K 734.4K 16.89%
69 2016 Jeffrey G. Ludwig President 395.0K 197.7K 101.4K 22.6K 17.6K 734.4K 16.89%
70 2016 Jeffrey S. Mefford President of the Bank 306.4K 64.6K 139.7K 8.4K 533.5K 12.11%
71 2016 Douglas J. Tucker Senior Vice President and Corporate Counsel 314.9K 65.4K 14.6K 125.7K 7.8K 528.3K 15.13%
72 2016 James R. Stewart Chief Risk Officer of the Bank 259.5K 54.8K 12.2K 103.5K 7.8K 437.9K 15.31%
73 2016 Kevin L. Thompson 38.3K 160.0K 67.2K 15.0K 1.2K 281.6K 29.19%
74 2015 Leon J. Holschbach Chief Executive Officer and President 529.4K 255.4K 174.7K 23.7K 983.2K 17.77%
75 2015 Jeffrey G. Ludwig Executive Vice President (and Chief Financial Officer prior to November 2016) 367.5K 141.9K 61.7K 43.3K 17.6K 632.0K 16.63%
76 2015 Douglas J. Tucker Senior Vice President and Corporate Counsel 308.0K 110.8K 42.5K 29.8K 7.8K 499.0K 14.50%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Jeffrey G. Ludwig President, Chief Executive Officer & Vice Chairman 904.0K male
Jeffrey S. Mefford Executive Vice President 629.5K male
Eric T. Lemke Chief Financial Officer 499.5K male
Daniel E. Casey EVP & Chief Risk Officer of Midland States Bank 381.2K male
Donald J. Spring Chief Accounting Officer & Corporate Controller 296.0K male
Danny Leon Stevenson Executive Vice President of Consumer Banking and Wealth Management male
Jeremy Jameson EVP & Chief Credit Officer of Midland States Bank male
Kyle Mooney Chief Information Officer male
Ryan Lee Lange Chief Investment Officer of Midland Wealth Management male
Shonna Kracinski Director of Human Resources
ESG Rating
B
BANKS - REGIONAL
2025
E (Environmental)
68.8 / 64.3
Company / Sector avg.
S (Social)
68.1 / 76.5
Company / Sector avg.
G (Governance)
64.1 / 75.5
Company / Sector avg.
ESG Total
67.0 / 72.1
Company / Sector avg.
ESG Score History BANKS - REGIONAL
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits