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Midland States Bancorp Priced, Nasdaq: MSBI

Midwestern bank with 81 locations and $2.9 billion in assets.

Industry: Financials

First Day Return: -0.5%

Midland States Bancorp, Inc. is a diversified financial holding company headquartered in Effingham, Illinois. Our 135-year old banking subsidiary, Midland States Bank, has branches across Illinois and in Missouri and Colorado, and provides a broad array of traditional community banking and other complementary financial services, including commercial lending, residential mortgage origination, wealth management, merchant services and prime consumer lending. Our commercial Federal Housing Administration origination and servicing business, based in Washington, D.C., is one of the top originators of government sponsored mortgages for multifamily and healthcare facilities in the United States. Our commercial equipment leasing business, based in Denver, provides financing to business customers across the country. As of March 31, 2016, we had $2.9 billion in assets, $2.4 billion of deposits and $238.6 million of shareholders' equity.
IPO Data
IPO Date 05/23/2016
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $80
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Effingham, IL, United States
Founded 1881
Employees at IPO 700
Website www.midlandsb.com

Midland States Bancorp (MSBI) Performance

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