Midland Financial Statements From 2010 to 2026

MSBI Stock  USD 21.72  0.00  0.00%   
Midland States' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Midland States' valuation are provided below:
Gross Profit
210.7 M
Profit Margin
(0.72)
Market Capitalization
457.1 M
Enterprise Value Revenue
3.4764
Revenue
210.7 M
We have found one hundred twenty available fundamental ratios for Midland States, which can be analyzed and compared to other ratios and to its peers in the industry. Traders should compare all of Midland States last-minute fundamentals against the fundamentals between 2010 and 2026 to make sure the company is sustainable this year. The current Market Cap is estimated to decrease to about 293.4 M

Midland States Total Revenue

659.36 Million

Check Midland States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Midland States' main balance sheet or income statement drivers, such as Total Revenue of 659.4 M, Operating Income of 50.7 M or EBIT of 49.9 M, as well as many indicators such as Price To Sales Ratio of 1.06, Dividend Yield of 0.0643 or PTB Ratio of 0.81. Midland financial statements analysis is a perfect complement when working with Midland States Valuation or Volatility modules.
  
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Check out the analysis of Midland States Correlation against competitors.

Midland States Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding19.7 M25 M18.8 M
Slightly volatile
Total Assets4.8 B8.6 B4.8 B
Slightly volatile
Short and Long Term Debt Total519.3 M486.7 M472.7 M
Slightly volatile
Total Current Liabilities7.7 B7.4 B3.8 B
Slightly volatile
Total Stockholder Equity455.7 M817.5 M458.5 M
Slightly volatile
Property Plant And Equipment Net75 M98.6 M72.5 M
Slightly volatile
Retained Earnings152.8 M284.9 M153.2 M
Slightly volatile
Accounts Payable135.8 M142.9 M341.8 M
Pretty Stable
Cash229.7 M131.2 M208.9 M
Slightly volatile
Non Current Assets Total3.8 B6.9 B3.6 B
Slightly volatile
Cash And Short Term Investments722.3 M1.2 B697.3 M
Slightly volatile
Net Receivables309.6 M462.4 M282.5 M
Slightly volatile
Good Will98 M186.2 M100.2 M
Slightly volatile
Common Stock Total Equity202.1 K199.8 K230.9 K
Pretty Stable
Liabilities And Stockholders Equity4.8 B8.6 B4.8 B
Slightly volatile
Non Current Liabilities Total551.9 M445 M504.9 M
Pretty Stable
Other Stockholder Equity275.8 M499.5 M281.4 M
Slightly volatile
Total Liabilities4.4 B7.8 B4.4 B
Slightly volatile
Property Plant And Equipment Gross97.4 M166.3 M94.1 M
Slightly volatile
Total Current Assets937.3 M1.7 B952.6 M
Slightly volatile
Short Term Debt141.3 M100.6 M128.9 M
Very volatile
Intangible Assets49.9 M34.4 M46.9 M
Pretty Stable
Common Stock168 K193.5 K216 K
Pretty Stable
Other Liabilities59.7 M95.6 M62.9 M
Slightly volatile
Net Tangible Assets387.6 M535 M333.7 M
Slightly volatile
Long Term Debt380.7 M386.1 M297 M
Slightly volatile
Short Term Investments671.6 M1.1 B558.7 M
Slightly volatile
Long Term Investments1.5 B1.4 B582.8 M
Slightly volatile
Property Plant Equipment87 M90 M78.5 M
Slightly volatile
Long Term Debt Total172.4 M172.2 M140.8 M
Slightly volatile
Capital Surpluse410.6 M516.6 M323 M
Slightly volatile
Earning Assets703.2 M937.7 M653.2 M
Slightly volatile
Retained Earnings Total Equity185.1 M324.8 M172.2 M
Slightly volatile
Capital Lease Obligations10.5 M12.3 M7.3 M
Slightly volatile
Preferred Stock Total Equity133.5 M127.1 M78.3 M
Slightly volatile
Non Current Liabilities Other592.6 M529 M438.8 M
Slightly volatile
Net Invested Capital990.9 M921.2 M1.1 B
Pretty Stable
Capital Stock133.7 M127.4 M36.5 M
Slightly volatile

Midland States Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue659.4 M628 M267.1 M
Slightly volatile
Operating Income50.7 M53.9 M49.6 M
Slightly volatile
EBIT49.9 M53.9 M48.9 M
Slightly volatile
Income Before Tax49.8 M53.9 M48.8 M
Slightly volatile
Net Income36.4 M43.8 M36 M
Slightly volatile
Income Tax Expense13.1 M10.2 M12.4 M
Slightly volatile
Interest Expense229.2 M218.2 M67.6 M
Slightly volatile
Selling General Administrative72.6 M113.8 M67.8 M
Slightly volatile
Gross Profit180 M271.3 M171.6 M
Slightly volatile
Other Operating Expenses602.7 M574 M223.9 M
Slightly volatile
Cost Of Revenue374.5 M356.6 M116.9 M
Slightly volatile
Total Operating Expenses131 M217.4 M126.1 M
Slightly volatile
Selling And Marketing Expenses4.5 M3.5 M8.9 M
Slightly volatile
Net Income From Continuing Ops53.2 M43.8 M39.5 M
Slightly volatile
Net Income Applicable To Common Shares114.4 M109 M46.7 M
Slightly volatile
Minority Interest32.5 K34.2 K173.5 K
Slightly volatile
Tax Provision18.9 M10.2 M15.1 M
Slightly volatile
Net Interest Income202.4 M271.8 M167 M
Slightly volatile
Interest Income271.2 M490 M224.5 M
Slightly volatile
Reconciled Depreciation12.5 M11.8 M14.3 M
Very volatile

Midland States Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Dividends Paid43.5 M41.4 M20.1 M
Slightly volatile
Capital Expenditures4.3 M6.2 M5.3 M
Very volatile
Total Cash From Operating Activities122.5 M203 M128.9 M
Slightly volatile
Net Income36.7 M43.8 M36.3 M
Slightly volatile
End Period Cash Flow211.1 M132 M203.8 M
Slightly volatile
Stock Based Compensation3.7 M3.5 M1.6 M
Slightly volatile
Begin Period Cash Flow217.1 M155.3 M202.8 M
Slightly volatile
Depreciation12.7 M15.1 M11.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.061.112.7703
Slightly volatile
Dividend Yield0.06430.06120.0381
Slightly volatile
PTB Ratio0.810.861.4236
Slightly volatile
Days Sales Outstanding14.4815.24346
Slightly volatile
Book Value Per Share16.7430.5622.0456
Slightly volatile
Operating Cash Flow Per Share5.027.336.8947
Slightly volatile
Stock Based Compensation To Revenue0.00380.0050.0051
Pretty Stable
Capex To Depreciation0.690.60.5002
Slightly volatile
PB Ratio0.810.861.4236
Slightly volatile
EV To Sales1.681.763.023
Slightly volatile
Net Income Per Share1.31.581.6784
Slightly volatile
Payables Turnover2.732.878.5177
Slightly volatile
Sales General And Administrative To Revenue0.310.210.2673
Very volatile
Capex To Revenue0.01380.01450.0311
Slightly volatile
Cash Per Share57.6554.936.2131
Slightly volatile
POCF Ratio3.273.4516.9123
Slightly volatile
Interest Coverage0.210.221.247
Pretty Stable
Payout Ratio0.450.850.6012
Very volatile
Capex To Operating Cash Flow0.04270.0450.1925
Slightly volatile
Days Payables Outstanding132132198
Slightly volatile
Income Quality3.094.184.1754
Pretty Stable
ROE0.10.06150.0893
Slightly volatile
EV To Operating Cash Flow5.185.4513.8219
Slightly volatile
PE Ratio29.6915.9927.0457
Slightly volatile
Return On Tangible Assets0.00890.0060.0081
Pretty Stable
Earnings Yield0.0520.06470.0664
Slightly volatile
Intangibles To Total Assets0.0220.02290.0278
Pretty Stable
Current Ratio18.0417.4417.5215
Slightly volatile
Tangible Book Value Per Share11.3522.615.0121
Slightly volatile
Receivables Turnover26.0324.795.8364
Slightly volatile
Graham Number22.232.3928.6588
Slightly volatile
Shareholders Equity Per Share16.6729.5121.9086
Slightly volatile
Debt To Equity1.220.681.0472
Pretty Stable
Capex Per Share0.340.370.3055
Pretty Stable
Revenue Per Share23.8122.6713.4956
Slightly volatile
Interest Debt Per Share19.9925.4524.4234
Slightly volatile
Debt To Assets0.080.05060.0938
Very volatile
Short Term Coverage Ratios1.431.821.6744
Slightly volatile
Price Earnings Ratio29.6915.9927.0457
Slightly volatile
Operating Cycle14.4815.24346
Slightly volatile
Price Book Value Ratio0.810.861.4236
Slightly volatile
Days Of Payables Outstanding132132198
Slightly volatile
Dividend Payout Ratio0.450.850.6012
Very volatile
Price To Operating Cash Flows Ratio3.273.4516.9123
Slightly volatile
Pretax Profit Margin0.07340.07730.1805
Pretty Stable
Ebt Per Ebit0.520.720.5605
Slightly volatile
Operating Profit Margin0.07340.07730.2049
Pretty Stable
Effective Tax Rate0.310.220.2709
Pretty Stable
Company Equity Multiplier12.5312.1811.2702
Slightly volatile
Long Term Debt To Capitalization0.310.320.3939
Pretty Stable
Total Debt To Capitalization0.560.430.4997
Pretty Stable
Return On Capital Employed0.00690.00720.058
Slightly volatile
Debt Equity Ratio1.220.681.0472
Pretty Stable
Ebit Per Revenue0.07340.07730.2049
Pretty Stable
Quick Ratio18.0417.4417.5215
Slightly volatile
Dividend Paid And Capex Coverage Ratio4.23.75.5206
Slightly volatile
Net Income Per E B T0.570.730.7019
Pretty Stable
Cash Ratio1.431.5120.9836
Slightly volatile
Operating Cash Flow Sales Ratio0.380.290.4966
Slightly volatile
Days Of Sales Outstanding14.4815.24346
Slightly volatile
Cash Flow Coverage Ratios0.220.380.299
Slightly volatile
Price To Book Ratio0.810.861.4236
Slightly volatile
Fixed Asset Turnover2.875.733.6998
Slightly volatile
Capital Expenditure Coverage Ratio28.5723.0238.2688
Slightly volatile
Price Cash Flow Ratio3.273.4516.9123
Slightly volatile
Debt Ratio0.080.05060.0938
Very volatile
Cash Flow To Debt Ratio0.220.380.299
Slightly volatile
Price Sales Ratio1.061.112.7703
Slightly volatile
Return On Assets0.00870.00580.0079
Pretty Stable
Asset Turnover0.06110.08340.0571
Pretty Stable
Net Profit Margin0.110.06270.1314
Very volatile
Gross Profit Margin0.830.50.768
Slightly volatile
Price Fair Value0.810.861.4236
Slightly volatile
Return On Equity0.10.06150.0893
Slightly volatile

Midland States Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap293.4 M476 M466 M
Slightly volatile
Enterprise Value96.2 M108.2 M118.1 M
Slightly volatile

Midland Fundamental Market Drivers

Midland Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Midland States Financial Statements

Investors use fundamental indicators, such as Midland States' revenue or net income, to determine how well the company is positioned to perform in the future. Although Midland States' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Deferred Revenue-127 M-133.4 M
Total Revenue628 M659.4 M
Cost Of Revenue356.6 M374.5 M
Sales General And Administrative To Revenue 0.21  0.31 
Capex To Revenue 0.01  0.01 
Revenue Per Share 22.67  23.81 
Ebit Per Revenue 0.08  0.07 

Currently Active Assets on Macroaxis

When determining whether Midland States Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Midland Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Midland States Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Midland States Bancorp Stock:
Check out the analysis of Midland States Correlation against competitors.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Midland States. If investors know Midland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Midland States listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.71)
Dividend Share
1.25
Earnings Share
(7.38)
Revenue Per Share
9.663
Quarterly Revenue Growth
(0.18)
The market value of Midland States Bancorp is measured differently than its book value, which is the value of Midland that is recorded on the company's balance sheet. Investors also form their own opinion of Midland States' value that differs from its market value or its book value, called intrinsic value, which is Midland States' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Midland States' market value can be influenced by many factors that don't directly affect Midland States' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Midland States' value and its price as these two are different measures arrived at by different means. Investors typically determine if Midland States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Midland States' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.