MSBI
Midland States Bancorp, Inc. Financial Services - Banks - Regional Investor Relations →
Midland States Bancorp, Inc. (MSBI) closed at $23.98 as of 2026-02-02, trading 19.8% above its 200-week moving average of $20.02. The stock moved further from the line this week, up from 14.2% last week. With a 14-week RSI of 95, MSBI is in overbought territory.
Over the past 458 weeks of data, MSBI has crossed below its 200-week moving average 10 times. On average, these episodes lasted 19 weeks. The average one-year return after crossing below was -1.9%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $517 million, MSBI is a small-cap stock. Return on equity stands at -21.7%. The stock trades at 1.1x book value.
Over the past 8.8 years, a hypothetical investment of $100 in MSBI would have grown to $103, compared to $329 for the S&P 500. MSBI has returned 0.3% annualized vs 14.4% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -20% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: MSBI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MSBI Crosses Below the Line?
Across 10 historical episodes, buying MSBI when it crossed below its 200-week moving average produced an average return of -1.3% after 12 months (median +3.0%), compared to +19.9% for the S&P 500 over the same periods. 50% of those episodes were profitable after one year. After 24 months, the average return was -10.4% vs +38.4% for the index.
Each line shows $100 invested at the moment MSBI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MSBI has crossed below its 200-week MA 10 times with an average 1-year return of +-1.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 2017 | Aug 2017 | 2 | 0.7% | +20.7% | +21.8% |
| Oct 2018 | Nov 2019 | 56 | 31.8% | -6.8% | +20.1% |
| Jan 2020 | Feb 2021 | 57 | 50.1% | -23.3% | +22.3% |
| Mar 2023 | Jul 2023 | 17 | 14.1% | +18.5% | +30.5% |
| Sep 2023 | Oct 2023 | 6 | 3.1% | +15.3% | +33.2% |
| Jun 2024 | Jun 2024 | 2 | 1.8% | -17.9% | +23.1% |
| Jul 2024 | Aug 2024 | 3 | 5.0% | -20.6% | +19.6% |
| Sep 2024 | Sep 2024 | 1 | 0.1% | -12.5% | +18.1% |
| Sep 2024 | Oct 2024 | 2 | 2.4% | -15.5% | +17.8% |
| Jan 2025 | Dec 2025 | 46 | 30.5% | +23.4% | +28.7% |
| Average | 19 | — | +-1.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02