Which has the lower trailing P/E, CGBD or MSBI?

MSBI has the lower trailing P/E: CGBD trades at 20.60 and MSBI at 20.49. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CGBD or MSBI?

Over the past five years, MSBI grew revenue faster — CGBD at a 4.70% CAGR versus MSBI at 7.02%.

Does CGBD or MSBI pay a bigger dividend?

CGBD yields 14.68% and MSBI yields 3.89% based on trailing dividends and the latest price.

Is CGBD or MSBI more profitable?

CGBD runs the higher net margin — CGBD at 15.53% versus MSBI at 9.71%.

How have CGBD and MSBI total returns compared?

Over the past 5 years, CGBD delivered 7.44% and MSBI delivered 10.69% annualized total return. Past performance doesn't predict future results.

Carlyle Secured Lending, Inc. (CGBD) vs Midland States Bancorp, Inc. (MSBI)

A side-by-side comparison of Carlyle Secured Lending, Inc. and Midland States Bancorp, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

CGBD

Carlyle Secured Lending, Inc.

$730M

$10.50Financial ServicesDelayed quote: Oct 6, 2026, 4:00 PM EDT

MSBI

Midland States Bancorp, Inc.

$680M

$32.78Financial ServicesDelayed quote: Oct 6, 2026, 4:00 PM EDT

Total return — CGBD vs MSBI

growth of $100 · dividends reinvested · last 9y

CGBD +85.9% (+7.1%/yr)MSBI +47.3% (+4.4%/yr)CGBD compounded faster over this window

CGBD MSBI

CGBD vs MSBI: by the numbers

•CGBD is the larger company ($730M vs $680M market cap).
•MSBI trades at the lower trailing earnings multiple (20.49 vs 20.60 P/E), one valuation lens rather than an overall verdict.
•CGBD converts more revenue to profit (15.53% vs 9.71% net margin).
•MSBI grew revenue faster over the past five years (7.02% vs 4.70% CAGR).
•CGBD pays the higher dividend yield (14.68% vs 3.89%).

Metrics side by side

Valuation

Metric	CGBD	MSBI
P/E ratio	20.60	20.49
Forward P/E	7.45	9.81
PEG ratio	0.31	N/A
P/S ratio	3.06	1.54
P/B ratio	0.68	1.48

Profitability

Metric	CGBD	MSBI
Gross margin	70.90%	N/A
Operating margin	86.18%	-22.08%
Net margin	15.53%	9.71%
ROE	3.43%	7.55%

Midland States Bancorp, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

Metric	CGBD	MSBI
Dividend yield	14.68%	3.89%
Payout ratio	304.10%	80.63%

Growth (annualized)

Metric	CGBD	MSBI
Revenue CAGR (5Y)	4.70%	7.02%
EPS CAGR (5Y)	66.10%	N/A
Total return CAGR (5Y)	7.44%	10.69%

Frequently asked

Which has the lower trailing P/E, CGBD or MSBI?: MSBI has the lower trailing P/E: CGBD trades at 20.60 and MSBI at 20.49. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CGBD or MSBI?: Over the past five years, MSBI grew revenue faster — CGBD at a 4.70% CAGR versus MSBI at 7.02%.
Does CGBD or MSBI pay a bigger dividend?: CGBD yields 14.68% and MSBI yields 3.89% based on trailing dividends and the latest price.
Is CGBD or MSBI more profitable?: CGBD runs the higher net margin — CGBD at 15.53% versus MSBI at 9.71%.
How have CGBD and MSBI total returns compared?: Over the past 5 years, CGBD delivered 7.44% and MSBI delivered 10.69% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CGBD analysis Full MSBI analysis Interactive comparison tool

Dig into the metrics

Carlyle Secured Lending P/E ratio Midland States Bancorp P/E ratio Carlyle Secured Lending dividend yield Midland States Bancorp dividend yield Carlyle Secured Lending ROE Midland States Bancorp ROE Carlyle Secured Lending operating margin Midland States Bancorp operating margin Carlyle Secured Lending revenue growth Midland States Bancorp revenue growth

Carlyle Secured Lending & Midland States Bancorp appear in these rankings

Highest Dividend Yield Stocks Highest Operating Margin Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.