Midland States Bancorp, Inc. (MSBI)

Midland States Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	236.8	236.35	248.82	256.7	207.68
Net Interest Income Growth	0.19%	-5.01%	-3.07%	23.60%	4.29%
Non-Interest Income	88.18	138.74	114.78	149.87	69.9
Non-Interest Income Growth	-36.44%	20.87%	-23.41%	114.41%	14.12%
Revenues Before Loan Losses	324.98	375.09	363.61	406.56	277.57
Provision for Credit Losses	59.85	120.33	82.56	76.76	3.39
Revenue	265.14	254.76	281.05	329.8	274.18
Revenue Growth (YoY)	4.08%	-9.35%	-14.78%	20.29%	26.92%
Compensation Expenses	104.4	93.64	93.44	90.31	86.89
Selling, General & Admin	82.01	82.15	82.39	82.47	62.03
Other Non-Interest Expenses	193.59	32.06	17.26	25.64	26.15
Total Non-Interest Expense	380	207.86	193.08	198.41	175.07
Pretax Income	-114.87	46.9	87.96	131.39	99.11
Provision for Income Taxes	9.41	8.86	26.81	31.15	17.8
Net Income	-133.19	29.13	52.24	97.07	81.32
Net Income Attributable to Preferred Dividends	8.91	8.91	8.91	3.17	-
Net Income to Common	-133.19	29.13	52.24	97.07	81.32
Net Income Growth	-	-44.24%	-46.18%	19.37%	260.82%
Shares Outstanding (Basic)	22	22	22	22	22
Shares Outstanding (Diluted)	22	22	22	22	23
Shares Change (YoY)	0.44%	-1.75%	-1.21%	-0.67%	-3.42%
EPS (Basic)	-6.12	1.32	2.33	4.29	3.58
EPS (Diluted)	-6.12	1.32	2.33	4.28	3.57
EPS Growth	-	-43.35%	-45.56%	19.89%	275.79%
Free Cash Flow	120.33	169.65	144.63	282.35	331.72
Free Cash Flow Growth	-29.07%	17.30%	-48.78%	-14.88%	-33.20%
Free Cash Flow Per Share	5.51	7.80	6.54	12.61	14.71
Dividends Per Share	1.260	1.240	1.200	1.160	1.120
Dividend Growth	1.61%	3.33%	3.45%	3.57%	4.67%
Profit Margin	-85.83%	22.09%	27.65%	39.61%	30.03%
FCF Margin	83.10%	98.52%	65.38%	111.59%	122.50%
EBITDA	8.12	9	9.54	10.25	11.36
EBITDA Margin	5.60%	5.23%	4.31%	4.05%	4.20%
Effective Tax Rate	-8.19%	18.88%	30.48%	23.71%	17.95%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q