Midland Historical Income Statement
| MSBI Stock | USD 27.18 0.23 0.84% |
Historical analysis of Midland States income statement accounts such as Total Revenue of 63.3 M can show how well Midland States Bancorp performed in making a profits. Evaluating Midland States income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Midland States's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Midland States Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Midland States Bancorp is a good buy for the upcoming year.
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About Midland Income Statement Analysis
Midland States Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Midland States shareholders. The income statement also shows Midland investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Midland States Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Midland States Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Midland States Bancorp minus its cost of goods sold. It is profit before Midland States operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from Midland States Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Midland States Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Midland States' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Midland States Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Midland States Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. As of now, Midland States' Total Operating Expenses is decreasing as compared to previous years. The Midland States' current Income Tax Expense is estimated to increase to about 33.7 M, while Selling General Administrative is projected to decrease to under 82.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 285.1M | 322.3M | 66.6M | 63.3M | Total Revenue | 285.1M | 322.3M | 66.6M | 63.3M |
Midland States income statement Correlations
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Midland States income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 19.4M | 16.0M | 13.1M | 12.1M | 4.8M | 8.5M | |
| Interest Expense | 59.7M | 45.8M | 30.1M | 56.0M | 168.3M | 176.7M | |
| Selling General Administrative | 117.3M | 112.3M | 114.5M | 90.3M | 96.5M | 82.9M | |
| Total Revenue | 262.9M | 272.7M | 285.1M | 322.3M | 66.6M | 63.3M | |
| Gross Profit | 262.9M | 272.7M | 285.1M | 322.3M | 66.6M | 63.3M | |
| Other Operating Expenses | 190.4M | (240.7M) | (186.0M) | 3.3M | 41.0M | 43.0M | |
| Operating Income | 72.5M | 32.0M | 99.1M | 168.3M | 107.6M | 64.0M | |
| Ebit | 72.5M | 35.5M | 102.4M | 132.1M | 107.6M | 68.0M | |
| Ebitda | 91.9M | 51.5M | 115.5M | 144.2M | 107.6M | 76.1M | |
| Total Operating Expenses | (190.4M) | (240.7M) | (186.0M) | 3.3M | 41.0M | 43.0M | |
| Income Before Tax | 72.5M | 32.0M | 99.1M | 129.8M | 107.6M | 55.2M | |
| Net Income | 55.8M | 22.5M | 81.3M | 99.0M | 75.5M | 40.0M | |
| Income Tax Expense | 16.7M | 9.5M | 17.8M | 30.8M | 32.1M | 33.7M | |
| Selling And Marketing Expenses | 3.9M | 3.5M | 3.2M | 3.3M | 3.2M | 4.6M | |
| Total Other Income Expense Net | 72.5M | (65.3M) | 99.1M | (38.5M) | 107.6M | 113.0M | |
| Net Income From Continuing Ops | 55.8M | 41.5M | 81.3M | 99.0M | 94.3M | 54.3M | |
| Net Income Applicable To Common Shares | 55.3M | 22.5M | 81.3M | 94.8M | 109.0M | 114.4M | |
| Tax Provision | 16.7M | 9.5M | 17.8M | 30.8M | 36.7M | 20.0M | |
| Net Interest Income | 189.8M | 199.1M | 207.7M | 245.7M | 241.5M | 196.0M | |
| Interest Income | 249.5M | 244.9M | 237.8M | 301.8M | 389.8M | 249.3M | |
| Reconciled Depreciation | 19.4M | 19.5M | 16.3M | 14.4M | 12.4M | 12.7M |
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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Midland States Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.