Midland States Bancorp, Inc. (MSBI)

Midland States Bancorp Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	235.93	236.8	236.35	248.82	256.7	207.68
Net Interest Income Growth	-4.37%	0.19%	-5.01%	-3.07%	23.60%	4.29%
Non-Interest Income	92.54	88.18	138.74	114.78	149.87	69.9
Non-Interest Income Growth	-22.02%	-36.44%	20.87%	-23.41%	114.41%	14.12%
Revenues Before Loan Losses	328.47	324.98	375.09	363.61	406.56	277.57
Provision for Credit Losses	53.3	59.85	120.33	82.56	76.76	3.39
Revenue	275.17	265.14	254.76	281.05	329.8	274.18
Revenue Growth (YoY)	12.29%	4.08%	-9.35%	-14.78%	20.29%	26.92%
Compensation Expenses	104.14	104.4	93.64	93.44	90.31	86.89
Selling, General & Admin	77.55	82.01	82.15	82.39	82.47	62.03
Other Non-Interest Expenses	45.45	193.59	32.06	17.26	25.64	26.15
Total Non-Interest Expense	227.42	380	207.86	193.08	198.41	175.07
Pretax Income	47.05	-114.87	46.9	87.96	131.39	99.11
Provision for Income Taxes	11.89	9.41	8.86	26.81	31.15	17.8
Net Income	26.24	-133.19	29.13	52.24	97.07	81.32
Net Income Attributable to Preferred Dividends	8.91	8.91	8.91	8.91	3.17	-
Net Income to Common	26.24	-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	22
Shares Outstanding (Diluted)	22	22	22	22	22	23
Shares Change (YoY)	-99.80%	0.44%	-1.75%	-1.21%	-0.67%	-3.42%
EPS (Basic)	1.18	-6.12	1.32	2.33	4.29	3.58
EPS (Diluted)	1.18	-6.12	1.32	2.33	4.28	3.57
EPS Growth	-	-	-43.35%	-45.56%	19.89%	275.79%
Shares Outstanding	20.99	21.17	21.49	21.55	22.21	22.05
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	0.950	1.260	1.240	1.200	1.160	1.120
Dividend Growth	-24.60%	1.61%	3.33%	3.45%	3.57%	4.67%
Profit Margin	12.78%	-46.87%	14.93%	21.76%	30.39%	29.66%
FCF Margin	-	45.39%	66.59%	51.46%	85.61%	120.99%
EBITDA	-	8.12	9	9.54	10.25	11.36
EBITDA Margin	-	3.06%	3.53%	3.39%	3.11%	4.14%
Effective Tax Rate	25.27%	-8.19%	18.88%	30.48%	23.71%	17.95%

Updated Mar 31, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q