MSBI
Midland States Bancorp, Inc.
NASDAQ · Financial Services · Banks - Regional · US
$33.58
+1.08%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 443.7M | 467.6M | 546.1M | 508.5M | 436.5M |
| Cost of Revenue | 136.4M | 199.3M | 310.1M | 250.8M | 132.8M |
| Gross Profit | 307.2M | 268.3M | 235.9M | 257.7M | 303.7M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 134.5M | 125.8M | 102.8M | 101.4M | 97.0M |
| General & Admin Expense | 134.5M | 122.3M | 98.9M | 98.2M | 93.6M |
| Selling & Marketing Expense | — | 3.5M | 3.9M | 3.2M | 3.3M |
| Other Expenses | 96.7M | 245.7M | 86.2M | 68.3M | 75.4M |
| Total Operating Expenses | 231.2M | 371.5M | 189.0M | 169.7M | 172.3M |
| Cost and Expenses | 367.7M | 570.8M | 499.2M | 420.5M | 305.1M |
| Operating Income (EBIT) | 76.0M | (103.2M) | 46.9M | 88.0M | 131.4M |
| Non-Operating | |||||
| Interest Income | 359.3M | 387.9M | 411.7M | 417.1M | 312.7M |
| Interest Expense | 120.9M | 151.1M | 189.8M | 168.3M | 56.0M |
| Net Interest Income | 238.4M | 236.8M | 222.0M | 248.8M | 256.7M |
| Other Non-Op Income/Expense | — | (11.6M) | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 76.0M | (114.9M) | 46.9M | 88.0M | 131.4M |
| Income Tax Expense | 17.8M | 9.4M | 8.9M | 26.8M | 31.1M |
| Bottom Line | |||||
| Net Income | 58.3M | (124.3M) | 38.0M | 61.2M | 100.2M |
| Earnings from Cont. Ops | 58.3M | (124.3M) | 38.0M | 61.2M | 100.2M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 49.4M | (140.5M) | 28.6M | 51.6M | 96.0M |
| Per Share | |||||
| Basic EPS | $2.33 | ($6.14) | $1.32 | $2.33 | $4.24 |
| Diluted EPS | $2.31 | ($6.14) | $1.32 | $2.33 | $4.23 |
| Revenue Per Share | $21.00 | $21.40 | $25.19 | $22.99 | $19.54 |
| Shares | |||||
| Basic Shares Outstanding | 21.1M | 21.9M | 21.7M | 22.1M | 22.3M |
| Diluted Shares Outstanding | 21.1M | 21.9M | 21.7M | 22.1M | 22.4M |
| Profitability Metrics | |||||
| EBITDA | 84.3M | (91.3M) | 60.1M | 100.7M | 145.8M |
| D&A | 8.3M | 12.0M | 13.2M | 12.7M | 14.4M |
| EBIT | 76.0M | (103.2M) | 46.9M | 88.0M | 131.4M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026