Midland States Bancorp, Inc. (MSBI)

NASDAQ: MSBI · Real-Time Price · USD

33.20

-0.11 (-0.33%)

At close: Sep 11, 2026, 4:00 PM EDT

33.45

+0.25 (0.75%)

After-hours: Sep 11, 2026, 7:30 PM EDT

Midland States Bancorp Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	286.15	265.14	254.52	280.37	327.81	281.49
Revenue Growth	27.56%	4.17%	-9.22%	-14.47%	16.46%	24.19%
Net Income	32.99	-133.73	28.65	51.59	95.95	80.49
Earnings Per Share	1.53	-6.12	1.32	2.33	4.28	3.57
EPS Growth	-	-	-43.42%	-45.62%	20.01%	275.79%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Banking	264.52	247.01	235.26	264.15	314.58	257.17
Wealth Management	33.23	30.94	28.65	25.56	25.71	26.88
Corporate	-11.6	-12.82	-9.15	-8.66	-10.49	-9.86
Total	286.15	265.14	254.76	281.05	329.8	274.18

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	302.29	131.26	118.6	135.43	161.08	686.28
Total Debt	355.42	446.37	490.21	673.16	671.4	586.54
Net Cash (Debt)	-53.13	-315.1	-371.61	-537.73	-510.32	99.74
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.47	-14.43	-17.09	-24.30	-22.79	4.42

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	119.36	125.68	176.55	153.36	285.82	334.44
Capital Expenditures	-3.01	-5.35	-6.9	-8.73	-3.47	-2.72
Free Cash Flow	116.36	120.33	169.65	144.63	282.35	331.72
Free Cash Flow Growth	-20.70%	-29.07%	17.30%	-48.78%	-14.88%	-33.20%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Profit Margin	11.53%	-50.44%	11.26%	18.40%	29.27%	28.59%
FCF Margin	40.66%	45.39%	66.65%	51.59%	86.13%	117.84%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 14, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.320	1.260	1.240	1.200	1.160	1.120
Dividend Per Share Growth	3.20%	1.61%	3.33%	3.45%	3.57%	4.67%
Dividend Yield	3.98%	6.17%	5.65%	5.10%	5.38%	5.82%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 14, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	21.82	-	18.23	11.51	6.15	6.78
Forward PE	9.88	7.72	9.04	8.98	7.31	7.59
P/FCF Ratio	5.97	3.79	3.08	4.10	2.09	1.65
PS Ratio	2.43	1.72	2.05	2.12	1.80	1.94