Midland States Bancorp, Inc. Price & Performance (MSBIP)

Bank of New York Mellon Corp increased its investment in Midland States Bancorp by 36.9% during Q4, adding 56,441 shares. This brings its total ownership to 209,244 shares, valued at $5.1 million. The move highlights growing institutional interest despite the bank's recent challenges, including a 52-week stock price low.1

Midland States Bancorp's stock hit a 52-week low at $18.50 amid sector challenges, including rising rates and regulatory pressures. Despite these hurdles, the company maintains a 6.55% dividend yield and has consistently raised dividends for nine years. Analysts remain cautious but see potential for long-term value improvement.2

Sequoia Financial Advisors LLC purchased 31,037 shares of Midland States Bancorp during Q4, valued at $757,000. The acquisition underscores continued institutional interest in the bank, even as its stock faces headwinds. Midland's dividend yield of over 6% remains a key attraction for investors.3