Midland States Bancorp (MSBI) Insider Ramos Buys $16K of Stock

Richard Ramos Adds to Insider Buying at Midland States Bancorp

Richard Ramos picked up 619 shares of Midland States Bancorp, Inc. MSBI on June 30, 2026. The stock was bought at an average price of $26.55, bringing the total value of the transaction to $16,434.45.

Wave of Insider Activity Surrounds the Bank

The trade by Ramos arrived alongside several other purchases executed on the exact same day. Robert Schultz picked up 2,865 shares at an average price of $28.87, totaling roughly $82,725.73. Travis Franklin acquired 1,990 shares valued at about $61,422.35. Additional buys came from Jeffrey McDonnell and Jerry McDaniel, who each grabbed 1,445 shares for about $44,997.30 apiece. Bingham Richard Dean and Jeffrey Smith also participated in the buying activity on June 30, adding 393 shares and 486 shares respectively.

Stock Valuation and Price Levels

The shares trade at $31.14, staying well within reach of the company's 52-week high of $35.10 and far above the 52-week low of $14.24. The firm has a market value of roughly $696.2 million and carries a forward P/E ratio of 9.91 based on upcoming earnings estimates.

Recent Earnings Performance

For the period, Midland States Bancorp reported $286.1 million in revenue alongside an annualized return on equity of 7.53%. The net profit margin sits at 15.03%, with basic earnings per share landing at $1.57. Shareholders can look toward the next scheduled financial update on October 29, 2026.

Dividend Profile

Income-focused investors receive an annual dividend rate of $1.32 per share, which translates to a yield of 3.93%. The current payout ratio is 81.53%, leaving a solid portion of earnings dedicated to shareholder distributions.

Analysts Set New Price Targets

Wall Street firms have kept a steady eye on the bank through the summer. On July 28, 2026, Piper Sandler maintained its neutral rating while lifting its target to $35.00 from $32.00. Keefe, Bruyette & Woods kept a market perform rating on July 27, 2026, while moving its target to $31.00. DA Davidson kept a neutral rating on July 27, 2026, pushing its target to $33.00. Overall, the company carries a consensus target price of $33.25 from four analyst opinions.

Background on Midland States Bancorp

Headquartered in Effingham, Illinois, Midland States Bancorp operates as the financial holding entity for Midland States Bank. Founded in 1881, the institution offers commercial loans, retail banking services, equipment leasing, and wealth management solutions to individuals and businesses across its regional footprint.

What to Watch at MSBI

Investors will monitor upcoming SEC filings and the late October earnings release to track whether insider buying trends persist through the remainder of the fiscal year. Open-market insider transactions reflect individual allocation choices and do not serve as formal recommendations.