Midland States Bancorp Inc $MSBI

Financials

Russell 2000 Illinois Just reported
$32.96
+0.37 (+1.14%)
As of Oct 22, 2026, 6:09 PM EDT
Price history
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Midland States Bancorp Inc (MSBI) is trading up at $32.96 (+1.14%), as of the latest quote. It is a Russell 2000 constituent in the Financials sector.

IPO: May 24, 2016 · $22.00 offering · NASDAQ · View IPO details →

Midland States Bancorp Inc revenue & net income history (FY2016–FY2025)

RevenueNet incomeNet margin (right axis, %)
$406.6M$141.1M−$124.3MFY2016 revenue: $177.3MFY2016 net income: $31.5M · Net margin 17.8%'16FY2017 revenue: $189.0MFY2017 net income: $16.1M · Net margin 8.5%'17FY2018 revenue: $251.9MFY2018 net income: $39.4M · Net margin 15.7%'18FY2019 revenue: $265.1MFY2019 net income: $55.8M · Net margin 21.0%'19FY2020 revenue: $260.4MFY2020 net income: $22.5M · Net margin 8.7%'20FY2021 revenue: $277.6MFY2021 net income: $81.3M · Net margin 29.3%'21FY2022 revenue: $406.6MFY2022 net income: $100.2M · Net margin 24.7%'22FY2023 revenue: $363.6MFY2023 net income: $61.2M · Net margin 16.8%'23FY2024 revenue: $375.1MFY2024 net income: $38.0M · Net margin 10.1%'24FY2025 revenue: $325.0MFY2025 net income: −$124.3M · Net margin −38.2%'25−18.3%0%20%40%60%FY2016 net margin: 17.8%FY2017 net margin: 8.5%FY2018 net margin: 15.7%FY2019 net margin: 21.0%FY2020 net margin: 8.7%FY2021 net margin: 29.3%FY2022 net margin: 24.7%FY2023 net margin: 16.8%FY2024 net margin: 10.1%FY2025 net margin: −38.2% (off the scale, which stops at −18.3%)
Midland States Bancorp Inc annual financial statements
FY2016Dec 2016FY2017Dec 2017FY2018Dec 2018FY2019Dec 2019FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
Revenue$177.3M$189.0M$251.9M$265.1M$260.4M$277.6M$406.6M$363.6M$375.1M$325.0M
Growth (year over year)+7.9%+6.6%+33.3%+5.2%−1.8%+6.6%+46.5%−10.6%+3.2%−13.4%
Net income$31.5M$16.1M$39.4M$55.8M$22.5M$81.3M$100.2M$61.2M$38.0M−$124.3M
Net margin17.8%8.5%15.7%21.0%8.7%29.3%24.7%16.8%10.1%−38.2%
EPS (diluted)$2.17$0.87$1.66$2.26$0.95$3.57$4.28$2.33$1.32−$6.12
Balance sheet
Cash and equivalents$190.7M$215.2M$213.7M$394.5M$341.6M$680.4M$160.6M$135.1M$114.8M$127.8M
Total assets$3.23B$4.41B$5.64B$6.09B$6.87B$7.44B$7.79B$7.79B$7.51B$6.51B
Total liabilities$2.91B$3.96B$5.03B$5.43B$6.25B$6.78B$7.10B$7.07B$6.80B$5.95B
Shareholders' equity$321.8M$449.5M$608.5M$661.9M$621.4M$600.2M$696.1M$715.1M$710.8M$565.5M
Cash flow
Operating cash flow$24.1M$70.4M$97.1M$538.7M$499.1M$334.4M$285.8M$153.4M$176.5M$125.7M
Capital expenditure$2.18M$6.18M$7.20M$5.54M$2.59M$2.72M$3.47M$8.73M$6.90M$5.35M
Free cash flow$21.9M$64.3M$89.9M$533.1M$496.6M$331.7M$282.3M$144.6M$169.6M$120.3M
Dividends paid$9.85M$14.0M$20.0M$23.6M$25.0M$25.2M$25.9M$26.6M$27.1M$27.7M
Share buybacks——$0$4.02M$39.6M$11.7M$1.11M$17.9M$5.47M$9.66M

From Midland States Bancorp Inc's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About Midland States Bancorp Inc

Headquarters
Effingham, Illinois From SEC filings, Oct 2026

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