Midland States Bancorp, Inc. (MSBI)
NASDAQ: MSBI · Real-Time Price · USD
22.85
+0.05 (0.22%)
Jan 30, 2026, 4:00 PM EST - Market closed
Midland States Bancorp Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Interest Income on Loans | 331.56 | 367.82 | 380.36 | 288.06 | 217.51 | 222.45 |
Interest Income on Investments | 68.68 | 58.31 | 36.74 | 24.65 | 20.31 | 22.44 |
Total Interest Income | 400.24 | 426.13 | 417.1 | 312.72 | 237.82 | 244.89 |
Interest Paid on Deposits | 137.14 | 160.68 | 136.95 | 36.06 | 10.96 | 21.5 |
Interest Paid on Borrowings | 26.43 | 29.11 | 31.33 | 19.96 | 19.19 | 24.25 |
Total Interest Expense | 163.57 | 189.78 | 168.28 | 56.02 | 30.14 | 45.75 |
Net Interest Income | 236.67 | 236.35 | 248.82 | 256.7 | 207.68 | 199.14 |
Net Interest Income Growth (YoY) | -4.82% | -5.01% | -3.07% | 23.60% | 4.29% | 4.91% |
Trust Income | 30.41 | 28.7 | 25.57 | 25.71 | 26.81 | 22.8 |
Mortgage Banking Activities | 2.8 | 2.42 | 1.9 | 1.51 | 5.53 | 15.82 |
Gain (Loss) on Sale of Assets | - | - | - | -3.25 | -0.22 | -1.69 |
Gain (Loss) on Sale of Investments | -0.02 | -0.23 | -8.27 | -0.23 | 4.73 | 5.13 |
Other Non-Interest Income | 49.5 | 94.47 | 78.32 | 113.91 | 31.12 | 21.23 |
Total Non-Interest Income | 96.45 | 138.51 | 109.51 | 147.88 | 77.21 | 71.89 |
Non-Interest Income Growth (YoY) | -42.18% | 26.48% | -25.95% | 91.53% | 7.39% | -7.14% |
Revenues Before Loan Losses | 333.13 | 374.86 | 358.33 | 404.58 | 284.88 | 271.03 |
Provision for Loan Losses | 122.41 | 120.33 | 82.56 | 76.76 | 3.39 | 44.36 |
| 210.72 | 254.52 | 275.77 | 327.81 | 281.49 | 226.67 | |
Revenue Growth (YoY) | -29.98% | -7.70% | -15.88% | 16.46% | 24.19% | -9.42% |
Salaries and Employee Benefits | 97.7 | 90.61 | 90.95 | 88.09 | 84.95 | 83.38 |
Occupancy Expenses | 15.17 | 14.8 | 14.07 | 13.34 | 13.47 | 15.25 |
Federal Deposit Insurance | 5.78 | 5.28 | 4.78 | 3.34 | 3.35 | - |
Amortization of Goodwill & Intangibles | 3.43 | 4.01 | 4.76 | 5.41 | 5.86 | 6.5 |
Selling, General & Administrative | 48.92 | 46.29 | 42.64 | 40.67 | 45.15 | 41.9 |
Other Non-Interest Expense | 20.01 | 30.35 | 35.56 | 39.12 | 12.28 | 15.4 |
Total Non-Interest Expense | 196.58 | 196.9 | 193.08 | 195.16 | 166.31 | 164.6 |
EBT Excluding Unusual Items | 14.14 | 57.63 | 82.69 | 132.65 | 115.18 | 62.07 |
Asset Writedown | -7.86 | -7.86 | - | -1.26 | -7.53 | -12.34 |
Legal Settlements | -3.1 | -3.1 | - | - | - | - |
Other Unusual Items | 0.23 | 0.23 | 5.28 | - | -8.54 | -4.87 |
Pretax Income | -150.56 | 46.9 | 87.96 | 131.39 | 99.11 | 32.01 |
Income Tax Expense | 1.6 | 8.86 | 26.81 | 31.15 | 17.8 | 9.48 |
Net Income | -152.16 | 38.04 | 61.16 | 100.24 | 81.32 | 22.54 |
Preferred Dividends & Other Adjustments | 8.78 | 9.4 | 9.56 | 4.29 | 0.82 | 0.26 |
Net Income to Common | -160.94 | 28.65 | 51.59 | 95.95 | 80.49 | 22.28 |
Net Income Growth | - | -37.79% | -38.99% | 23.27% | 260.82% | -59.60% |
Basic Shares Outstanding | 22 | 22 | 22 | 22 | 22 | 23 |
Diluted Shares Outstanding | 22 | 22 | 22 | 22 | 23 | 23 |
Shares Change (YoY) | 0.24% | -1.75% | -1.21% | -0.67% | -3.42% | -4.68% |
EPS (Basic) | -7.38 | 1.32 | 2.33 | 4.29 | 3.58 | 0.95 |
EPS (Diluted) | -7.38 | 1.32 | 2.33 | 4.28 | 3.57 | 0.95 |
EPS Growth | - | -43.42% | -45.62% | 20.01% | 275.79% | -57.89% |
Dividend Per Share | 1.250 | 1.240 | 1.200 | 1.160 | 1.120 | 1.070 |
Dividend Growth | 1.63% | 3.33% | 3.45% | 3.57% | 4.67% | 10.31% |
Effective Tax Rate | - | 18.88% | 30.48% | 23.71% | 17.95% | 29.60% |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.