Jeffrey Mefford - Midland States Executive Vice President of Banking of the Bank

MSBI Stock  USD 22.83  0.24  1.06%   

President

Mr. Jeffrey S. Mefford is President of the Bank, a subsidiary of Midland States Bancorp Inc. He was with the Bank since 2003, and prior to his appointment as the President of the Bank, he served as the Bank Executive Vice PresidentBanking and was responsible for retail, commercial and treasury sales, marketing, community development and Community Reinvestment Act since October 2010. Prior to serving as Executive Vice PresidentBanking, Mr. Mefford served as the Bank Illinois Region Market President, responsible for the banking offices in our central Illinois market. Prior to joining the Bank, Mr. Mefford held the position of President and Chief Executive Officer of Farmers State Bank of Camp Point in Camp Point, Illinois, from 2000 to 2003 Vice President, Mortgage Department Manager, at Marine Bank, in Springfield, Illinois, from 1998 to 2000 and Vice President, Small Business Banking Manager, for Bank One, Illinois, in Springfield, Illinois, from 1991 to 1998 since 2018.
Age 59
Tenure 6 years
Professional MarksMBA
Address 1201 Network Centre Drive, Effingham, IL, United States, 62401
Phone217 342 7321
Webhttps://www.midlandsb.com
Mefford received his B.S. in Business Administration from Illinois College and his M.B.A. from William Woods University.

Midland States Management Efficiency

As of now, Midland States' Return On Capital Employed is increasing as compared to previous years. The Midland States' current Return On Equity is estimated to increase to 0.11, while Return On Tangible Assets are projected to decrease to 0.01. As of now, Midland States' Fixed Asset Turnover is increasing as compared to previous years. Midland States' management efficiency ratios could be used to measure how well Midland States manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 664.36 M in liabilities with Debt to Equity (D/E) ratio of 0.29, which may suggest the company is not taking enough advantage from borrowing. Debt can assist Midland States until it has trouble settling it off, either with new capital or with free cash flow. So, Midland States' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Midland States Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Midland to invest in growth at high rates of return. When we think about Midland States' use of debt, we should always consider it together with cash and equity.

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Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. The company was founded in 1881 and is headquartered in Effingham, Illinois. Midland Sts operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 864 people. Midland States Bancorp (MSBI) is traded on NASDAQ Exchange in USA. It is located in 1201 Network Centre Drive, Effingham, IL, United States, 62401 and employs 878 people. Midland States is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Midland States Bancorp Leadership Team

Elected by the shareholders, the Midland States' board of directors comprises two types of representatives: Midland States inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Midland. The board's role is to monitor Midland States' management team and ensure that shareholders' interests are well served. Midland States' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Midland States' outside directors are responsible for providing unbiased perspectives on the board's policies.
Danny CFA, Senior Banking
Shonna Kracinski, Director Resources
Daniel Casey, Chief Bank
Frederick Etten, President Finance
Jeffrey Brunoehler, Senior Vice President Chief Credit Officer of the Bank
William Wierman, Sr Banking
James CPA, VP Bank
Aaron Rios, Director Operations
Kyle Mooney, Chief Officer
Douglas Tucker, Senior Vice President Corporate Counsel of the Company and the Bank
Jeffrey Mefford, Executive Vice President of Banking of the Bank
Gerald Maloney, Chief Officer
Jeffrey CPA, CEO President
Eric CPA, Chief Officer
Donald Spring, Chief Controller
John Dietrich, Director Marketing

Midland Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Midland States a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Midland States Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Midland Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Midland States Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Midland States Bancorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Midland States Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Midland States Bancorp information on this page should be used as a complementary analysis to other Midland States' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Midland States' price analysis, check to measure Midland States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Midland States is operating at the current time. Most of Midland States' value examination focuses on studying past and present price action to predict the probability of Midland States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midland States' price. Additionally, you may evaluate how the addition of Midland States to your portfolios can decrease your overall portfolio volatility.
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Is Midland States' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Midland States. If investors know Midland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Midland States listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Dividend Share
1.21
Earnings Share
2.64
Revenue Per Share
12.372
Quarterly Revenue Growth
(0.14)
The market value of Midland States Bancorp is measured differently than its book value, which is the value of Midland that is recorded on the company's balance sheet. Investors also form their own opinion of Midland States' value that differs from its market value or its book value, called intrinsic value, which is Midland States' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Midland States' market value can be influenced by many factors that don't directly affect Midland States' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Midland States' value and its price as these two are different measures arrived at by different means. Investors typically determine if Midland States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Midland States' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.