Midland States Bancorp (MSBI) Insider Joseph Buys $64K of Stock

Carlson Gerald Joseph Adds to Midland States Bancorp Holdings

Carlson Gerald Joseph picked up 2,064 shares of Midland States Bancorp, Inc. (NasdaqGS: MSBI) on June 30, 2026. The shares were grabbed at an average price of $30.84, adding up to a total value of roughly $63,644. This transaction comes alongside a flurry of other insider purchases at the regional bank during the same period.

Insider Buying and Selling at Midland States Bancorp, Inc.

The late-June trading session brought several other insider purchases across the bank. Travis Franklin picked up 1,990 shares on June 30, 2026, paying an average of $30.87 for a total of $61,422. Jeffrey Mcdonnell and Jerry McDaniel each added 1,445 shares on the same day at $31.14 per share, spending about $44,997 apiece. Additional purchases came from Bingham Richard Dean, Jeffrey Smith, and Richard Ramos, adding further context to how leadership views the institution.

Midland States Bancorp Stock Performance and Valuation

Midland States Bancorp shares change hands around $31.14, sitting below the 50-day moving average of $32.89 but well above the 200-day mark of $26.54. The bank carries a trailing price-to-earnings ratio of 21.37, while its forward P/E sits at 9.91. The stock has traded between a 52-week low of $14.24 and a high of $35.10.

Recent Earnings and Dividend Details

For the period, the company brought in $286.15 million in revenue alongside an earnings per share of $1.57. Net profit margin reached 15.03% with a return on equity of 7.53%. Shareholders collect an annual dividend of $1.32 per share, giving the stock a 3.93% dividend yield backed by a payout ratio of 81.53%. The next earnings release is expected on October 29, 2026.

Wall Street Analyst Coverage

Analyst firms have kept a steady eye on the bank's valuation through the summer. On June 26, 2026, Piper Sandler maintained a neutral stance while lifting its price target to $32.00. DA Davidson kept its neutral rating on July 27, 2026, while moving its target to $33.00. Keefe, Bruyette & Woods retained a market perform rating on July 27, 2026, raising its target to $31.00. Piper Sandler returned on July 28, 2026, to maintain a neutral rating and push its target to $35.00.

Inside Midland States Bancorp Operations

Midland States Bancorp operates as the financial holding company for Midland States Bank, offering commercial loans, residential mortgages, equipment leasing, and wealth management services from its base in Effingham, Illinois. Founded back in 1881, the regional bank serves individuals and businesses across its core markets.

What to Watch Next for MSBI

Investors tracking Midland States Bancorp will likely monitor upcoming regulatory filings and the scheduled October 29 earnings report to check on loan growth and credit metrics. Insider transactions remain entirely personal choices and do not serve as direct buy or sell signals for outside market participants.