Why These 15 Bank Stocks Are Plunging In 2025

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6. Midland States Bancorp Inc (NASDAQ:MSBI)

Number of Hedge Fund Holders In Q4 2024: 12

Midland States Bancorp Inc (NASDAQ:MSBI) is a financial holding company.

The stock is down significantly so far in 2025 due to it reporting a loss of $54.8 million in Q4 2024 compared to a profit of $16.2 million in the year-ago quarter.

This was due to actions to address credit-quality issues and exit non-core consumer loan portfolios like LendingPoint and Greensky.

These moves led to $102.7 million in net charge-offs and $7.6 million in impairments. Moreover, earnings per share were -$2.52, significantly below analyst expectations of $0.70.

The consensus price target of $23.5 implies 29.58% upside.

MSBI stock is down 24.11% year-to-date.

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