Midland Financial Statements From 2010 to 2024

MSBI Stock  USD 27.41  0.02  0.07%   
Midland States financial statements provide useful quarterly and yearly information to potential Midland States Bancorp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Midland States financial statements helps investors assess Midland States' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Midland States' valuation are summarized below:
Gross Profit
303.5 M
Profit Margin
0.2301
Market Capitalization
586.2 M
Enterprise Value Revenue
4.0531
Revenue
259.9 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 2024 to make sure the company is sustainable this year. The Midland States' current Enterprise Value is estimated to increase to about 1.1 B, while Market Cap is projected to decrease to under 355.9 M.

Midland States Total Revenue

63.26 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 Depreciation And Amortization of 8.5 M, Interest Expense of 176.7 M or Selling General Administrative of 82.9 M, as well as many indicators such as Price To Sales Ratio of 3.03, Dividend Yield of 0.0611 or PTB Ratio of 0.73. Midland financial statements analysis is a perfect complement when working with Midland States Valuation or Volatility modules.
  
Check out the analysis of Midland States Correlation against competitors.

Midland States Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.8 B7.9 B4.4 B
Slightly volatile
Short and Long Term Debt Total478.3 M604.4 M411.5 M
Slightly volatile
Total Current Liabilities3.6 B3.4 B501.9 M
Slightly volatile
Total Stockholder Equity454.9 M791.9 M417.9 M
Slightly volatile
Property Plant And Equipment Net75.2 M82.8 M69.9 M
Slightly volatile
Retained Earnings338.5 M322.4 M150.9 M
Slightly volatile
Accounts Payable104.9 M110.5 M367.5 M
Pretty Stable
Cash236.4 M134.2 M220.1 M
Slightly volatile
Non Current Assets Total773.6 M1.2 B681.9 M
Slightly volatile
Other Assets3.5 B6.5 B3.1 B
Slightly volatile
Cash And Short Term Investments128.3 M135.1 M536.2 M
Slightly volatile
Net Receivables254.1 M498.3 M226.5 M
Slightly volatile
Good Will98.7 M186.2 M92 M
Slightly volatile
Common Stock Total Equity202.1 K199.8 K232.1 K
Pretty Stable
Common Stock Shares Outstanding19.8 M22.1 M17.6 M
Slightly volatile
Liabilities And Stockholders EquityB7.9 B4.4 B
Slightly volatile
Non Current Liabilities Total7.4 B7.1 B2.2 B
Slightly volatile
Other Current Assets160.7 M169.1 M765.4 M
Slightly volatile
Other Stockholder Equity281 M435.5 M257.4 M
Slightly volatile
Total Liabilities7.4 B7.1 B3.4 B
Slightly volatile
Property Plant And Equipment Gross92.3 M137.5 M85.5 M
Slightly volatile
Total Current Assets128.3 M135.1 M659.7 M
Slightly volatile
Short Term Debt118.7 M184.9 M87.7 M
Slightly volatile
Intangible Assets53.8 M36.4 M48.9 M
Slightly volatile
Common Stock176.9 K216 K218.1 K
Pretty Stable
Other Liabilities59.7 M95.6 M60.2 M
Slightly volatile
Net Tangible Assets387.6 M535 M316.1 M
Slightly volatile
Long Term Debt381.9 M419.5 M288.5 M
Slightly volatile
Short Term Investments634 M915.9 M494.2 M
Slightly volatile
Long Term InvestmentsB963.8 M449.1 M
Slightly volatile
Property Plant Equipment87 M90 M78.5 M
Slightly volatile
Long Term Debt Total172.4 M172.2 M139.6 M
Slightly volatile
Capital Surpluse410.6 M516.6 M306.2 M
Slightly volatile
Earning Assets703.2 M937.7 M631.5 M
Slightly volatile
Retained Earnings Total Equity185.1 M324.8 M157.5 M
Slightly volatile
Capital Lease Obligations10.5 M12.3 M6.8 M
Slightly volatile
Preferred Stock Total Equity133.5 M127.1 M74 M
Slightly volatile
Non Current Liabilities Other592.6 M529 M436 M
Slightly volatile
Net Invested Capital1.4 B1.3 B1.2 B
Slightly volatile
Capital Stock116.3 M110.8 M24.4 M
Slightly volatile

Midland States Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense176.7 M168.3 M45.9 M
Slightly volatile
Selling General Administrative82.9 M96.5 M74.2 M
Slightly volatile
Total Revenue63.3 M66.6 M162.2 M
Slightly volatile
Gross Profit63.3 M66.6 M162.2 M
Slightly volatile
Other Operating Expenses38.9 M41 M84.9 M
Pretty Stable
Operating Income64 M107.6 M59.1 M
Slightly volatile
EBIT68 M107.6 M60.3 M
Slightly volatile
Income Before Tax55.2 M107.6 M50.7 M
Slightly volatile
Net Income40 M75.5 M36.4 M
Slightly volatile
Income Tax Expense33.7 M32.1 M14.8 M
Slightly volatile
Selling And Marketing Expenses4.6 M3.2 M9.6 M
Slightly volatile
Net Income From Continuing Ops54.3 M94.3 M39.4 M
Slightly volatile
Cost Of Revenue487 M463.8 M182.6 M
Slightly volatile
Net Income Applicable To Common Shares114.4 M109 M40.3 M
Slightly volatile
Minority Interest32.5 K34.2 K191.6 K
Slightly volatile
Tax Provision20 M36.7 M15.9 M
Slightly volatile
Net Interest Income196 M241.5 M155 M
Slightly volatile
Interest Income249.3 M389.8 M191.8 M
Slightly volatile
Reconciled Depreciation12.7 M12.4 M14.6 M
Pretty Stable

Midland States Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation2.6 M2.5 M1.2 M
Slightly volatile
Begin Period Cash Flow233.1 M160.6 M214.3 M
Slightly volatile
Depreciation12.1 M12.7 M11.2 M
Slightly volatile
Dividends Paid37.3 M35.5 M17.4 M
Slightly volatile
Capital Expenditures5.2 M8.7 M4.3 M
Slightly volatile
Total Cash From Operating Activities133 M154.6 M120.7 M
Slightly volatile
Net Income40.5 M75.5 M37.1 M
Slightly volatile
End Period Cash Flow238.5 M135.1 M222.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.032.16542.5858
Slightly volatile
Dividend Yield0.06110.05820.0401
Slightly volatile
PTB Ratio0.730.76971.321
Slightly volatile
Days Sales Outstanding19.6720.7323
Slightly volatile
Book Value Per Share46.4635.804758.4914
Slightly volatile
Operating Cash Flow Per Share4.546.99225.5518
Slightly volatile
Stock Based Compensation To Revenue0.00930.00880.0056
Slightly volatile
Capex To Depreciation0.730.68630.5144
Slightly volatile
PB Ratio0.730.76971.321
Slightly volatile
EV To Sales3.73.83593.0257
Pretty Stable
ROIC0.06670.0540.0632
Slightly volatile
Net Income Per Share3.583.4122.0641
Slightly volatile
Sales General And Administrative To Revenue0.320.34890.3748
Pretty Stable
Capex To Revenue0.03740.0310.0282
Slightly volatile
Cash Per Share25.4947.482132.6414
Slightly volatile
POCF Ratio3.743.941514.3183
Slightly volatile
Interest Coverage0.610.63931.9738
Pretty Stable
Payout Ratio0.420.47030.5493
Pretty Stable
Capex To Operating Cash Flow0.05360.05650.259
Slightly volatile
Income Quality2.852.04933.4218
Slightly volatile
ROE0.110.09530.0938
Pretty Stable
EV To Operating Cash Flow12.356.98229.7709
Slightly volatile
PE Ratio7.678.077315.7089
Slightly volatile
Return On Tangible Assets0.00680.00980.0083
Very volatile
Earnings Yield0.130.12380.0815
Slightly volatile
Intangibles To Total Assets0.0230.02520.0282
Slightly volatile
Current Ratio0.03790.0399104
Pretty Stable
Tangible Book Value Per Share40.7926.839951.3878
Slightly volatile
Receivables Turnover19.1618.257.2958
Slightly volatile
Graham Number55.0552.428632.7474
Slightly volatile
Shareholders Equity Per Share37.5935.804724.0534
Slightly volatile
Debt To Equity0.940.76330.8101
Pretty Stable
Capex Per Share0.330.39480.2953
Slightly volatile
Revenue Per Share8.1412.727310.6491
Slightly volatile
Interest Debt Per Share36.6934.938321.2749
Slightly volatile
Debt To Assets0.060.07680.072
Pretty Stable
Short Term Coverage Ratios0.790.83653.4329
Very volatile
Price Earnings Ratio7.678.077315.7089
Slightly volatile
Price Book Value Ratio0.730.76971.321
Slightly volatile
Dividend Payout Ratio0.420.47030.5493
Pretty Stable
Price To Operating Cash Flows Ratio3.743.941514.3183
Slightly volatile
Pretax Profit Margin0.210.38220.2602
Very volatile
Ebt Per Ebit0.520.690.6508
Very volatile
Operating Profit Margin0.240.38220.3006
Pretty Stable
Effective Tax Rate0.320.29850.288
Pretty Stable
Company Equity Multiplier12.549.934811.2574
Slightly volatile
Long Term Debt To Capitalization0.30.34630.3975
Slightly volatile
Total Debt To Capitalization0.470.43290.4194
Pretty Stable
Return On Capital Employed0.02520.0240.0156
Pretty Stable
Debt Equity Ratio0.940.76330.8101
Pretty Stable
Ebit Per Revenue0.240.38220.3006
Pretty Stable
Quick Ratio0.03790.0399114
Pretty Stable
Dividend Paid And Capex Coverage Ratio3.873.49734.7118
Slightly volatile
Net Income Per E B T0.550.70150.6657
Slightly volatile
Cash Ratio0.03770.039747.2207
Slightly volatile
Operating Cash Flow Sales Ratio0.410.54940.4896
Slightly volatile
Days Of Sales Outstanding19.6720.7323
Slightly volatile
Cash Flow Coverage Ratios0.240.25580.7826
Very volatile
Price To Book Ratio0.730.76971.321
Slightly volatile
Fixed Asset Turnover2.293.39892.7655
Very volatile
Capital Expenditure Coverage Ratio28.4317.711435.0026
Slightly volatile
Price Cash Flow Ratio3.743.941514.3183
Slightly volatile
Debt Ratio0.060.07680.072
Pretty Stable
Cash Flow To Debt Ratio0.240.25580.7826
Very volatile
Price Sales Ratio3.032.16542.5858
Slightly volatile
Return On Assets0.00910.00960.0082
Very volatile
Asset Turnover0.04970.03580.0455
Slightly volatile
Net Profit Margin0.140.26810.1772
Slightly volatile
Price Fair Value0.730.76971.321
Slightly volatile
Return On Equity0.110.09530.0938
Pretty Stable

Midland States Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap355.9 M609.5 M424.8 M
Slightly volatile
Enterprise Value1.1 B1.1 B623.3 M
Slightly volatile

Midland Fundamental Market Drivers

Cash And Short Term Investments135.1 M

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 Revenue66.6 M63.3 M
Cost Of Revenue463.8 M487 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.35  0.32 
Capex To Revenue 0.03  0.04 
Revenue Per Share 12.73  8.14 
Ebit Per Revenue 0.38  0.24 

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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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
0.802
Dividend Share
1.23
Earnings Share
2.3
Revenue Per Share
11.952
Quarterly Revenue Growth
0.066
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.