HOOD
Robinhood Markets, Inc.
HOOD has the edge over MSBI overall, supported by stronger valuation and stronger modeled upside.
MSBI
Midland States Bancorp, Inc.
MSBI has lower modeled downside risk, despite its lower overall score.
HOOD Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
HOOD's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like HOOD.
MSBI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
MSBI's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like MSBI.
HOOD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 30x | $81.35 | — |
| Cheap | 37x | $78.84 | -3.1% |
| Current | 38x | $81.35 | — |
| Fair | 51x | $110 | +35% |
| Expensive | 74x | $160 | +96% |
Historical ranges are pointers, not guarantees.
HOOD has the edge over MSBI in the historical PE scenario, which offers more potential upside but is not a forecast.
MSBI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.7x | $15.25 | -52% |
| Fair | 8.8x | $20.08 | -37% |
| Forward | 9.1x | $31.72 | — |
| Current | 14x | $31.72 | — |
| Expensive | 16x | $36.37 | +15% |
Historical ranges are pointers, not guarantees.
MSBI's PE is in its expensive range at 14x. If earnings grow as analysts expect, today's price would be 9.1x next year's earnings, in its fair range.
HOOD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect strong earnings and revenue growth for HOOD, with profitability improving. However, they disagree widely on these estimates.
MSBI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for MSBI, with profitability improving.
HOOD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.72 | +26% |
| Q3 2026 | $2.16 | -10% |
| Q2 2026 | $2.26 | +15% |
| Q1 2026 | $2.06 | +18% |
| Q4 2025 | $2.05 | +31% |
| Q3 2025 | $2.40 | +314% |
| Q2 2025 | $1.96 | +513% |
| Q1 2025 | $1.75 | +1150% |
| Q4 2024 | $1.56 | +$2.17 |
MSBI has the stronger earnings trend. Trailing diluted EPS is down 10% for HOOD versus MSBI up 14%.
MSBI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.47 | +51% |
| Q3 2024 | $2.01 | -46% |
| Q2 2024 | $1.98 | -51% |
| Q1 2024 | $2.64 | -37% |
| Q4 2023 | $2.97 | -30% |
| Q3 2023 | $3.73 | -5.6% |
| Q2 2023 | $4.06 | +7.7% |
| Q1 2023 | $4.17 | +13% |
| Q4 2022 | $4.23 | +18% |
MSBI's earnings per share have fallen from their peak: $2.29 over the past year, against $4.23 in late 2022.
HOOD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +12% |
| Q2 2026 | $1.3B | +32% |
| Q1 2026 | $1.1B | +15% |
| Q4 2025 | $1.3B | +27% |
| Q3 2025 | $1.3B | +100% |
| Q2 2025 | $989M | +45% |
| Q1 2025 | $927M | +50% |
| Q4 2024 | $1B | +115% |
HOOD has the edge over MSBI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 44% | -5.9 points |
| Q2 2026 | 54% | +9.5 points |
| Q1 2026 | 39% | -1.5 points |
| Q4 2025 | 52% | -3.5 points |
| Q3 2025 | 50% | +26 points |
| Q2 2025 | 45% | +17 points |
| Q1 2025 | 40% | +14 points |
| Q4 2024 | 55% | +49 points |
HOOD has the edge over MSBI on profitability, with a higher operating margin.
MSBI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $86M | +5.9% |
| Q2 2026 | $83.4M | +1.4% |
| Q1 2026 | $79.5M | +4.6% |
| Q4 2025 | $85.6M | -8.9% |
| Q3 2025 | $81.1M | +9.2% |
| Q2 2025 | $82.2M | +13% |
| Q1 2025 | $76.1M | -1.4% |
| Q4 2024 | $93.9M | +31% |
MSBI's revenue grew through 2024 and has held roughly level since: $86M last quarter, up 5.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 34% | +20 points |
| Q2 2026 | 31% | +13 points |
| Q1 2026 | 30% | +212 points |
| Q4 2025 | -3.8% | +38 points |
| Q3 2025 | 14% | -16 points |
| Q2 2025 | 18% | +6.5 points |
| Q1 2025 | -181% | -205 points |
| Q4 2024 | -41% | -70 points |
MSBI's operating margin was 34% last quarter, up 20 points from the same quarter a year ago.
HOOD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +$2.8B |
| Q2 2026 | $720M | -79% |
| Q1 2026 | $2B | +217% |
| Q4 2025 | -$937M | +$463M |
| Q3 2025 | -$1.6B | -187% |
| Q2 2025 | $3.5B | +6398% |
| Q1 2025 | $642M | +$1.3B |
| Q4 2024 | -$1.4B | -246% |
HOOD has the edge over MSBI on cash flow, with more consistent year-over-year improvement.
MSBI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $37.9M | -52% |
| Q2 2026 | $29.2M | +9.5% |
| Q1 2026 | $16.3M | -28% |
| Q4 2025 | -$7.8M | -115% |
| Q3 2025 | $78.6M | +153% |
| Q2 2025 | $26.7M | +61% |
| Q1 2025 | $22.9M | -13% |
| Q4 2024 | $52.8M | -38% |
MSBI's free cash flow was $76M over the past year, down 58% from the year before. Free cash flow isn't a meaningful measure for financial services companies like MSBI.
HOOD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -1M shares |
| 1 year | -0.8% | -6.9M shares |
| 3 years | +1.8% | +15.9M shares |
| 5 years | +292% | +679M shares |
| Available history | +7.2% | +60.8M shares |
HOOD has 911M diluted shares, down 0.8% from a year ago, with $789M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $25M |
| Q2 2026 | $414M |
| Q1 2026 | $250M |
| Q4 2025 | $100M |
| Q3 2025 | $107M |
| Q2 2025 | $124M |
| Q1 2025 | $322M |
| Q4 2024 | $160M |
HOOD spent $789M buying back its own shares over the past year, up 11% from the year before.
MSBI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +65.5K shares |
| 1 year | -3.3% | -724K shares |
| 3 years | -3.8% | -837K shares |
| 5 years | -6.4% | -1.4M shares |
| Available history | -14% | -3.4M shares |
MSBI has the edge over HOOD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $11,000 |
| Q2 2026 | $2.7M |
| Q1 2026 | $7.9M |
| Q4 2025 | $9.7M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $29,000 |
MSBI spent $20M buying back its own shares over the past year, more than ten times what it spent the year before.
HOOD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.3x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -1.9x | Net Cash |
| Q3 2025 | -2.1x | Net Cash |
| Q2 2025 | -2.6x | Net Cash |
| Q1 2025 | -3.3x | Net Cash |
| Q4 2024 | -3.8x | Net Cash |
HOOD has the edge over MSBI on leverage, with a lower net debt burden relative to earnings.
MSBI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.2x | High |
| Q2 2026 | -0.1x | Net Cash |
| Q1 2026 | 5.6x | High |
| Q4 2024 | 16.1x | High |
| Q3 2024 | 5.1x | High |
| Q2 2024 | 6.7x | High |
| Q1 2024 | 3.7x | Elevated |
| Q4 2023 | 4.0x | High |
MSBI's net debt is about 5.2 years of its operating earnings (EBITDA), about the same as a year ago. Net leverage isn't a meaningful measure for financial services companies like MSBI.
HOOD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.8 | Neutral |
| Stochastic | 9.5 | Oversold |
HOOD's weekly RSI is 41 (neutral) and its Stochastic is 10 (oversold).
MSBI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.6 | Neutral |
| Stochastic | 23.0 | Neutral |
MSBI's weekly RSI is 56 (neutral) and its Stochastic is 23 (neutral).
HOOD PE vs Financial Services Sector
| Metric | HOOD | Sector median | Relative |
|---|---|---|---|
| PE | 38x | 13x | 189% above |
| PE % | 22 | 66 | 44 pts below |
HOOD is trading at 38x earnings, a 189% premium to the Financial Services sector's median of 13x.
MSBI PE vs Financial Services Sector
| Metric | MSBI | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 6.4% above |
| PE % | 79 | 63 | 16 pts above |
MSBI has the edge over HOOD on valuation relative to its sector.
HOOD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.8 | 17% below |
| 20 week MA | $102.2 | 20% below |
| 50 week MA | $95.4 | 15% below |
| 100 week MA | $88.5 | 8.1% below |
| 200 week MA | $52.1 | 56% above |
HOOD has fallen below most of its moving averages, though it's still 56% above its 200-week average.
MSBI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $32.5 | 2.4% below |
| 20 week MA | $32.6 | 2.6% below |
| 50 week MA | $27.5 | 15% above |
| 100 week MA | $22.8 | 39% above |
| 200 week MA | $23.0 | 38% above |
MSBI has the edge over HOOD on trend strength, trading above more of its moving averages.
HOOD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $35.2 | $18.9 | -46% |
| 2022 | $18.9 | $7.95 | -58% |
| 2023 | $7.95 | $12.7 | +60% |
| 2024 | $12.7 | $39.0 | +206% |
| 2025 | $39.0 | $118.1 | +203% |
| 2026 YTD | $118.1 | $81.4 | -31% |
HOOD's yearly returns have swung widely, from +206% in 2024 to −58% in 2022. It's down 31% so far in 2026.
MSBI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $29.0 | $17.5 | -40% |
| 2021 | $17.5 | $25.0 | +43% |
| 2022 | $25.0 | $26.5 | +6.2% |
| 2023 | $26.5 | $27.6 | +3.9% |
| 2024 | $27.6 | $24.4 | -11% |
| 2025 | $24.4 | $21.2 | -13% |
| 2026 YTD | $21.2 | $31.7 | +50% |
MSBI has the edge over HOOD on returns for 2026, with the stronger performance.