BAC vs MSBIP: Which Is the Better Dividend Stock?
As of Oct 18, 2026, MSBIP (Midland States Bancorp, Inc.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. MSBIP offers the higher yield at 7.63%, BAC has the higher dividend-safety score, and MSBIP looks like the better value (its fair-value estimate is 38% above its share price).
Key facts: BAC vs MSBIP
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Midland States Bancorp, Inc. (MSBIP) has the higher forward dividend yield at 7.63%, versus 2.50% for Bank of America Corporation (BAC).
- As of Oct 18, 2026, SmarterDividends grades BAC's dividend safety A (87/100) and MSBIP's B (71/100).
- By SmarterDividends' count as of Oct 18, 2026, BAC has raised its dividend for 12 consecutive years and MSBIP for 0.
- As of Oct 18, 2026, BAC's fair-value estimate is 24% above its share price and MSBIP's fair-value estimate is 38% above its share price, so MSBIP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAC vs MSBIP: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bac-vs-msbip
| Metric | BAC | MSBIP |
|---|---|---|
| Forward yield | 2.50% | 7.63% |
| Annual dividend | $1.28 | $1.94 |
| Payout ratio | 26% | — |
| Years of growth | 12 yr | 0 yr |
| 5-yr dividend growth | 8.4% | — |
| 5-yr total return | 15% | — |
| Dividend safety score | 87 (A) | 71 (B) |
| Fair value estimate | $63.43 | $34.94 |
| Upside to fair value | +24% | +38% |
| Frequency | quarterly | quarterly |
| Market cap | $358.2B | — |
| P/E ratio | 12.2 | — |
Higher yield
MSBIP
7.63%
Safer dividend
BAC
Grade A
Faster growth
BAC
8.4%
Better value
MSBIP
+38% upside
BAC vs MSBIP — FAQ
Is BAC or MSBIP a better dividend stock?
On the data, MSBIP wins more head-to-head categories (3 vs 2). MSBIP offers the higher yield (7.63%), while BAC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BAC or MSBIP?
MSBIP has the higher forward dividend yield at 7.63%, versus 2.50% for BAC.
Is BAC or MSBIP safer?
BAC has the higher dividend-safety score (87/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.
Is BAC or MSBIP better value right now?
As of Oct 18, 2026, MSBIP looks like the better value: its fair-value estimate is 38% above its share price (undervalued). For BAC, its fair-value estimate is 24% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.