What is Midland States Bancorp, Inc.'s earnings per share (EPS)?

Midland States Bancorp, Inc. (MSBIP) reported diluted earnings per share of -$6.12 for fiscal year 2025. This represents a -563.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Midland States Bancorp, Inc. (MSBIP) Financials

MSBIP

Trailing 12 months to June 30, 2026

Revenue $329.6M -4.4% YoY

Net Income $43.0M +130.9% YoY

EPS (Diluted) $1.56 +122.9% YoY

Free Cash Flow $116.4M -20.7% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 30, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MSBIP SEC filings page.

Midland States Bancorp, Inc. (MSBIP) reported $329.6M in revenue over the twelve months to Jun 30, 2026, down 4.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MSBIP FY2025 2026-09-05

Heavy leverage and financing costs are separating reported earnings from positive cash generation as the asset base contracts.

FY2025 paired a -$124M net loss with $126M of operating cash flow, showing that accounting earnings were not a direct proxy for cash generation. The divergence reflects a business whose financing structure and noncash or working-capital effects matter more than the bottom line alone.

A 10.5x debt-to-equity ratio and $6.5B of assets against $325M of revenue describe a balance-sheet-heavy model, where leverage is central to interpreting performance. ROA also shifted from 0.5% in FY2024 to -1.9% in FY2025, indicating that the asset base produced a loss in the latest period.

Free cash flow of $120M nearly matched operating cash flow of $126M, so ongoing reinvestment consumed little of the cash produced by operations. The combination of a $749M investing inflow and -$862M financing cash flow indicates that FY2025 cash movement was dominated by capital allocation and balance-sheet changes rather than capital spending.

Financial Health Signals

Financial health score not available

Midland States Bancorp, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

3/6

Midland States Bancorp, Inc. passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

N/A

Midland States Bancorp, Inc. reported a net loss of $124.3M while generating $125.7M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

$83.4M

YoY+1.4%

QoQ+4.8%

5Y CAGR+4.3%

10Y CAGR+7.1%

Midland States Bancorp, Inc. generated $83.4M in revenue in Q2 2026. This represents an increase of 1.4% from the same quarter a year earlier. Against the prior quarter it is up 4.8%.

Net Income

$19.9M

YoY+65.4%

QoQ+7.7%

5Y CAGR-0.2%

10Y CAGR+11.3%

Midland States Bancorp, Inc. reported $19.9M in net income in Q2 2026. This represents an increase of 65.4% from the same quarter a year earlier. Against the prior quarter it is up 7.7%.

EPS (Diluted)

$0.82

YoY+86.4%

QoQ+10.8%

5Y CAGR-1.4%

10Y CAGR+5.1%

Midland States Bancorp, Inc. earned $0.82 per diluted share (EPS) in Q2 2026. This represents an increase of 86.4% from the same quarter a year earlier. Against the prior quarter it is up 10.8%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$29.2M

YoY+9.5%

QoQ+78.6%

5Y CAGR-12.8%

10Y CAGR+3.1%

Midland States Bancorp, Inc. generated $29.2M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 9.5% from the same quarter a year earlier. Against the prior quarter it is up 78.6%.

Cash & Debt

$298.7M

YoY+69.2%

QoQ+162.8%

5Y CAGR-6.8%

10Y CAGR+9.2%

Midland States Bancorp, Inc. held $298.7M in cash as of Q2 2026; long-term debt is not reported for that period.

Dividends Per Share

$0.32

YoY+3.2%

QoQ0.0%

5Y CAGR+2.7%

Midland States Bancorp, Inc. paid $0.32 per share in dividends in Q2 2026. This represents an increase of 3.2% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

21M

YoY-3.6%

QoQ+0.1%

5Y CAGR-1.5%

10Y CAGR+3.0%

Midland States Bancorp, Inc. had 21M shares outstanding in Q2 2026. This represents a decrease of 3.6% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Margins & Returns

Net Margin

23.9%

YoY+9.2pp

QoQ+0.7pp

5Y change-5.9pp

10Y change+7.7pp

Midland States Bancorp, Inc.'s net profit margin was 23.9% in Q2 2026, showing the share of revenue converted to profit. This is up 9.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.

Return on Equity

3.5%

YoY+1.4pp

QoQ+0.2pp

5Y change+0.4pp

10Y change+1.3pp

Midland States Bancorp, Inc.'s ROE was 3.5% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.2 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$2.7M

QoQ-65.4%

Midland States Bancorp, Inc. spent $2.7M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 65.4%.

Capital Expenditures

$276K

YoY-80.1%

QoQ-55.4%

5Y CAGR-8.3%

10Y CAGR-12.1%

Midland States Bancorp, Inc. invested $276K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 80.1% from the same quarter a year earlier. Against the prior quarter it is down 55.4%.

R&D Spending

Not reported for Q2 2026.

MSBIP Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MSBIP quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Revenue	$329.6M	$325.0M-13.4%	$375.1M+3.2%	$363.6M-10.6%	$406.6M+46.5%	$277.6M+6.6%	$260.4M-1.8%	$265.1M+5.2%	$251.9M+33.3%	$189.0M+6.6%	$177.3M+7.9%	$164.4M+93.3%	$85.0M
SG&A Expenses	$105.8M	$104.4M+11.5%	$93.6M+0.2%	$93.4M+3.5%	$90.3M+3.9%	$86.9M+1.5%	$85.6M-6.9%	$91.9M-5.7%	$97.4M+23.8%	$78.7M+18.7%	$66.3M+4.7%	$63.3M+94.8%	$32.5M
Interest Expense	$128.0M	$151.1M-20.4%	$189.8M+12.8%	$168.3M+200.4%	$56.0M+85.9%	$30.1M-34.1%	$45.8M-23.4%	$59.7M+37.9%	$43.3M+84.6%	$23.5M+46.6%	$16.0M+24.1%	$12.9M+50.9%	$8.5M
Income Tax	$14.9M	$9.4M+6.3%	$8.9M-67.0%	$26.8M-13.9%	$31.1M+75.0%	$17.8M+87.8%	$9.5M-43.2%	$16.7M+46.6%	$11.4M+9.3%	$10.4M-44.9%	$18.9M+70.3%	$11.1M+138.5%	$4.7M
Net Income	$43.0M	-$124.3M-426.7%	$38.0M-37.8%	$61.2M-39.0%	$100.2M+23.3%	$81.3M+260.8%	$22.5M-59.6%	$55.8M+41.5%	$39.4M+145.5%	$16.1M-49.1%	$31.5M+29.7%	$24.3M+124.9%	$10.8M
EPS (Basic)	N/A	-$6.12-563.6%	$1.32-43.3%	$2.33-45.7%	$4.29+19.8%	$3.58+276.8%	$0.95-58.3%	$2.28+34.9%	$1.69+89.9%	$0.89-59.9%	$2.22+9.4%	$2.03+283.0%	$0.53
EPS (Diluted)	$1.56	-$6.12-563.6%	$1.32-43.3%	$2.33-45.6%	$4.28+19.9%	$3.57+275.8%	$0.95-58.0%	$2.26+36.1%	$1.66+90.8%	$0.87-59.9%	$2.17+8.5%	$2.00	$0.53
Diluted Shares (Avg)	N/A	22M+0.4%	22M-1.7%	22M-1.2%	22M-0.7%	23M-3.4%	23M-4.7%	24M+4.0%	24M+28.8%	18M+26.7%	14M+19.1%	12M	6M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$83.4M+1.4%	$79.5M+4.6%	$85.6M-8.9%	$81.1M-12.4%	$82.2M-9.5%	$76.1M-22.1%	$93.9M+2.1%	$92.7M+5.2%
SG&A Expenses	$27.4M+6.5%	$26.2M-1.0%	$25.9M+16.3%	$26.4M+8.2%	$25.7M+12.3%	$26.4M+9.6%	$22.3M-7.3%	$24.4M+9.3%
Interest Expense	$28.6M-27.1%	$28.6M-30.3%	$33.4M-27.2%	$37.4M-25.1%	$39.2M-18.7%	$41.1M-10.3%	$45.9M-1.5%	$49.9M+10.9%
Income Tax	$5.9M+107.3%	$5.6M+78.1%	-$360K+95.6%	$3.8M-17.2%	$2.8M-53.3%	$3.2M-50.4%	-$8.2M-214.4%	$4.5M-56.2%
Net Income	$19.9M+65.4%	$18.5M+113.1%	-$2.9M+90.6%	$7.6M-63.0%	$12.0M-53.2%	-$141.0M-722.0%	-$30.8M-253.0%	$20.4M+135.1%
EPS (Basic)	$0.82+86.4%	$0.74+111.2%	-$0.24+84.0%	$0.24-71.1%	$0.44-58.5%	-$6.58-815.2%	-$1.50-377.8%	$0.83+102.4%
EPS (Diluted)	$0.82+86.4%	$0.74+111.2%	-$0.24	$0.24-71.1%	$0.44-58.5%	-$6.58-815.2%	-$1.49	$0.83+102.4%
Diluted Shares (Avg)	21M-3.4%	21M-2.3%	N/A	22M+0.9%	22M+0.4%	22M0.0%	N/A	22M-1.4%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

MSBIP Balance Sheet

MSBIP quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Total Assets	$6.5B-13.2%	$7.5B-3.6%	$7.8B0.0%	$7.8B+4.7%	$7.4B+8.4%	$6.9B+12.8%	$6.1B+8.0%	$5.6B+27.8%	$4.4B+36.5%	$3.2B+12.1%	$2.9B+7.8%	$2.7B
Cash & Equivalents	$127.8M+11.4%	$114.8M-15.0%	$135.1M-15.9%	$160.6M-76.4%	$680.4M+99.1%	$341.6M-13.4%	$394.5M+84.6%	$213.7M-0.7%	$215.2M+12.8%	$190.7M-10.2%	$212.5M+32.9%	$159.9M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$7.9M-95.1%	$161.9M0.0%	$161.9M0.0%	$161.9M0.0%	$161.9M0.0%	$161.9M-5.7%	$171.8M+4.3%	$164.7M+67.0%	$98.6M+101.9%	$48.8M+5.0%	$46.5M	N/A
Total Liabilities	$5.9B-12.5%	$6.8B-3.9%	$7.1B-0.3%	$7.1B+4.7%	$6.8B+8.5%	$6.2B+15.2%	$5.4B+7.9%	$5.0B+26.9%	$4.0B+36.1%	$2.9B+9.8%	$2.7B+7.9%	$2.5B
Total Equity	$565.5M-20.4%	$710.8M-0.6%	$715.1M+2.7%	$696.1M+16.0%	$600.2M-3.4%	$621.4M-6.1%	$661.9M+8.8%	$608.5M+35.4%	$449.5M+39.7%	$321.8M+38.2%	$232.9M+6.1%	$219.5M
Retained Earnings	$86.8M-64.9%	$247.7M+0.8%	$245.6M-13.0%	$282.4M+32.9%	$212.5M+35.9%	$156.3M-5.8%	$165.9M+24.0%	$133.8M+16.9%	$114.5M+1.7%	$112.5M+23.8%	$90.9M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$6.7B-5.7%	$6.5B-10.1%	$6.5B-13.2%	$6.9B-10.3%	$7.1B-7.8%	$7.3B-6.2%	$7.5B-3.6%	$7.7B-2.4%
Cash & Equivalents	$298.7M+69.2%	$113.7M+11.4%	$127.8M+11.4%	$166.1M+36.3%	$176.6M+41.7%	$102.0M-39.0%	$114.8M-15.0%	$121.9M-7.8%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$7.9M0.0%	$7.9M0.0%	$7.9M-95.1%	$7.9M-95.1%	$7.9M-95.1%	$7.9M-95.1%	$161.9M0.0%	$161.9M0.0%
Total Liabilities	$6.1B-6.2%	$6.0B-10.8%	$5.9B-12.5%	$6.3B-8.7%	$6.5B-6.3%	$6.7B-4.6%	$6.8B-3.9%	$6.9B-3.9%
Total Equity	$569.7M-0.7%	$559.0M-2.2%	$565.5M-20.4%	$584.0M-24.3%	$573.7M-22.1%	$571.4M-21.0%	$710.8M-0.6%	$771.2M+13.2%
Retained Earnings	$107.0M+6.3%	$96.2M-1.6%	$86.8M-64.9%	$99.0M-65.6%	$100.7M-63.5%	$97.7M-62.3%	$247.7M+0.8%	$287.5M+22.7%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

MSBIP Cash Flow Statement

MSBIP quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Operating Cash Flow	$119.4M	$125.7M-28.8%	$176.5M+15.1%	$153.4M-46.3%	$285.8M-14.5%	$334.4M-33.0%	$499.1M-7.3%	$538.7M+454.8%	$97.1M+37.8%	$70.4M+192.0%	$24.1M-67.1%	$73.3M+241.0%	$21.5M
Depreciation & Amortization	N/A	$8.1M-9.8%	$9.0M-5.6%	$9.5M-7.0%	$10.3M-9.8%	$11.4M-15.5%	$13.4M-1.7%	$13.7M+4.2%	$13.1M+57.4%	$8.3M+15.4%	$7.2M-4.9%	$7.6M+36.2%	$5.6M
Capital Expenditures	$3.0M	$5.3M-22.5%	$6.9M-21.0%	$8.7M+151.6%	$3.5M+27.7%	$2.7M+5.0%	$2.6M-53.3%	$5.5M-23.1%	$7.2M+16.5%	$6.2M+183.7%	$2.2M-64.4%	$6.1M+109.4%	$2.9M
Free Cash Flow	$116.4M	$120.3M-29.1%	$169.6M+17.3%	$144.6M-48.8%	$282.3M-14.9%	$331.7M-33.2%	$496.6M-6.9%	$533.1M+493.1%	$89.9M+39.9%	$64.3M+192.8%	$21.9M-67.3%	$67.2M+261.7%	$18.6M
Investing Cash Flow	$437.2M	$748.9M+447.8%	$136.7M+282.8%	-$74.8M+93.4%	-$1.1B-137.8%	-$478.5M+63.5%	-$1.3B-259.8%	-$364.8M-5349.5%	-$6.7M+97.1%	-$234.6M+34.7%	-$359.1M-56.4%	-$229.5M	N/A
Financing Cash Flow	-$434.4M	-$861.5M-158.3%	-$333.5M-220.3%	-$104.1M-131.4%	$332.1M-31.2%	$482.8M-36.5%	$760.4M+10857.1%	$6.9M+107.6%	-$91.9M-148.7%	$188.6M-39.8%	$313.2M+50.0%	$208.8M	N/A
Dividends Paid	$27.8M	$27.7M+2.2%	$27.1M+1.9%	$26.6M+2.5%	$25.9M+3.0%	$25.2M+0.9%	$25.0M+5.8%	$23.6M+18.1%	$20.0M+42.6%	$14.0M+42.2%	$9.9M+28.1%	$7.7M+119.0%	$3.5M
Share Buybacks	$20.3M	$9.7M+76.4%	$5.5M-69.4%	$17.9M+1513.9%	$1.1M-90.5%	$11.7M-70.5%	$39.6M+885.7%	$4.0M	$0	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$29.5M+5.1%	$17.0M-31.3%	-$7.1M-112.7%	$80.0M+72.0%	$28.1M-10.8%	$24.7M-42.7%	$55.5M-0.7%	$46.5M+138.9%
Depreciation & Amortization	$1.9M-8.2%	$1.9M-10.0%	$2.0M-11.7%	$2.0M-10.7%	$2.0M-9.6%	$2.1M-7.4%	$2.2M-5.0%	$2.2M-1.6%
Capital Expenditures	$276K-80.1%	$619K-66.5%	$740K-72.8%	$1.4M-34.8%	$1.4M-10.6%	$1.8M+250.3%	$2.7M+62.9%	$2.1M-11.3%
Free Cash Flow	$29.2M+9.5%	$16.3M-28.5%	-$7.8M-114.8%	$78.6M+77.1%	$26.7M-10.8%	$22.9M-46.3%	$52.8M-2.6%	$44.4M+159.8%
Investing Cash Flow	$25.6M-88.9%	-$68.4M-273.2%	$334.7M+220.3%	$145.2M+6858.5%	$229.5M+2981.3%	$39.5M+46.6%	$104.5M+5.3%	-$2.1M-107.4%
Financing Cash Flow	$130.0M+171.1%	$37.2M+148.4%	-$366.0M-119.0%	-$235.7M-400.0%	-$182.9M-124.3%	-$76.9M-103.9%	-$167.1M-9.8%	-$47.1M+38.9%
Dividends Paid	$6.8M+0.2%	$6.9M+1.6%	$7.1M+4.5%	$7.0M+4.0%	$6.8M+0.3%	$6.8M+0.1%	$6.8M+3.4%	$6.7M+2.2%
Share Buybacks	$2.7M	$7.9M	$9.7M+33203.4%	$0-100.0%	$0-100.0%	$0-100.0%	-$29K-99.0%	$534K-91.2%

Not reported in any period shown, so not listed: Stock-Based Compensation.

MSBIP Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MSBIP quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K
Net Margin	-38.2%-48.4pp	10.1%-6.7pp	16.8%-7.8pp	24.6%-4.6pp	29.3%+20.6pp	8.7%-12.4pp	21.0%+5.4pp	15.7%+7.2pp	8.5%-9.3pp	17.8%+3.0pp	14.8%+2.1pp	12.7%
Return on Equity	-22.0%-27.3pp	5.3%-3.2pp	8.6%-5.8pp	14.4%+0.8pp	13.6%+9.9pp	3.6%-4.8pp	8.4%+2.0pp	6.5%+2.9pp	3.6%-6.2pp	9.8%-0.6pp	10.4%+5.5pp	4.9%
Return on Assets	-1.9%-2.4pp	0.5%-0.3pp	0.8%-0.5pp	1.3%+0.2pp	1.1%+0.8pp	0.3%-0.6pp	0.9%+0.2pp	0.7%+0.3pp	0.4%-0.6pp	1.0%+0.1pp	0.8%+0.4pp	0.4%
Debt-to-Equity	10.52+1.0x	9.56-0.3x	9.89-0.3x	10.19-1.1x	11.30+1.2x	10.05+1.9x	8.20-0.1x	8.26-0.6x	8.82-0.2x	9.05-2.3x	11.39+0.2x	11.20
Asset Turnover	0.050.0x	0.050.0x	0.050.0x	0.050.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.050.0x	0.060.0x	0.03
FCF Margin	37.0%-8.2pp	45.2%+5.4pp	39.8%-29.7pp	69.5%	119.5%	190.7%	201.1%	35.7%+1.7pp	34.0%+21.6pp	12.4%-28.5pp	40.9%+19.0pp	21.9%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	23.9%+9.2pp	23.2%	-3.4%+29.4pp	9.3%-12.7pp	14.6%-13.7pp	-185.4%	-32.8%-54.6pp	22.1%+12.2pp
Return on Equity	3.5%+1.4pp	3.3%+28.0pp	-0.5%+3.8pp	1.3%-1.4pp	2.1%-1.4pp	-24.7%-27.8pp	-4.3%-7.1pp	2.6%+1.4pp
Return on Assets	0.3%+0.1pp	0.3%+2.2pp	0.0%+0.4pp	0.1%-0.2pp	0.2%-0.2pp	-1.9%-2.2pp	-0.4%-0.7pp	0.3%+0.2pp
Debt-to-Equity	10.76-0.6x	10.71-1.0x	10.52+1.0x	10.83+1.8x	11.39+1.9x	11.75+2.0x	9.56-0.3x	8.99-1.6x
Asset Turnover	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x
FCF Margin	35.0%+2.6pp	20.5%-9.5pp	-9.1%-65.3pp	96.9%+49.0pp	32.4%-0.5pp	30.0%-13.5pp	56.2%-2.7pp	47.9%+28.5pp

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.

Where Midland States Bancorp, Inc. Ranks

Frequently Asked Questions

What is Midland States Bancorp, Inc.'s annual revenue?

Midland States Bancorp, Inc. (MSBIP) reported $325.0M in total revenue for fiscal year 2025. This represents a -13.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Midland States Bancorp, Inc.'s revenue growing?

Midland States Bancorp, Inc. (MSBIP) revenue declined by 13.4% year-over-year, from $375.1M to $325.0M in fiscal year 2025.

Is Midland States Bancorp, Inc. profitable?

No, Midland States Bancorp, Inc. (MSBIP) reported a net income of -$124.3M in fiscal year 2025, with a net profit margin of -38.2%.

What is Midland States Bancorp, Inc.'s net profit margin?

Midland States Bancorp, Inc. (MSBIP) had a net profit margin of -38.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Midland States Bancorp, Inc. pay dividends?

Yes, Midland States Bancorp, Inc. (MSBIP) paid $1.26 per share in dividends during fiscal year 2025.

What is Midland States Bancorp, Inc.'s return on equity (ROE)?

Midland States Bancorp, Inc. (MSBIP) has a return on equity of -22.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Midland States Bancorp, Inc.'s free cash flow?

Midland States Bancorp, Inc. (MSBIP) generated $120.3M in free cash flow during fiscal year 2025. This represents a -29.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Midland States Bancorp, Inc.'s operating cash flow?

Midland States Bancorp, Inc. (MSBIP) generated $125.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Midland States Bancorp, Inc.'s total assets?

Midland States Bancorp, Inc. (MSBIP) had $6.5B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Midland States Bancorp, Inc.'s capital expenditures?

Midland States Bancorp, Inc. (MSBIP) invested $5.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Midland States Bancorp, Inc. buy back shares?

Yes, Midland States Bancorp, Inc. (MSBIP) spent $9.7M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Midland States Bancorp, Inc. have outstanding?

Midland States Bancorp, Inc. (MSBIP) had 21M shares outstanding as of fiscal year 2025.

What is Midland States Bancorp, Inc.'s debt-to-equity ratio?

Midland States Bancorp, Inc. (MSBIP) had a debt-to-equity ratio of 10.52 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Midland States Bancorp, Inc.'s return on assets (ROA)?

Midland States Bancorp, Inc. (MSBIP) had a return on assets of -1.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Midland States Bancorp, Inc.'s Piotroski F-Score?

Midland States Bancorp, Inc. (MSBIP) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Midland States Bancorp, Inc.'s earnings high quality?

Midland States Bancorp, Inc. (MSBIP) reported a net loss of $124.3M while generating $125.7M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.