Midland Financial Statements From 2010 to 2025

MSBI Stock  USD 18.18  0.22  1.20%   
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
170.1 M
Profit Margin
(0.08)
Market Capitalization
395.5 M
Enterprise Value Revenue
2.7314
Revenue
170.1 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 2025 to make sure the company is sustainable this year. The current Market Cap is estimated to decrease to about 360.3 M. Enterprise Value is estimated to decrease to about 493 M

Midland States Total Revenue

73.86 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 199.3 M or Selling General Administrative of 82.9 M, as well as many indicators such as Price To Sales Ratio of 7.14, Ptb Ratio of 1.67 or Capex To Depreciation 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 BB4.7 B
Slightly volatile
Short and Long Term Debt Total478.3 M695.1 M429.2 M
Slightly volatile
Total Current LiabilitiesB3.8 B727.5 M
Slightly volatile
Total Stockholder Equity956.2 M910.6 M480.1 M
Slightly volatile
Property Plant And Equipment Net75.2 M95.2 M71.5 M
Slightly volatile
Retained Earnings389.3 M370.7 M167.8 M
Slightly volatile
Accounts Payable120.7 M127 M353.5 M
Pretty Stable
Cash236.4 M154.3 M216 M
Slightly volatile
Non Current Assets Total9.3 B8.9 B2.1 B
Slightly volatile
Cash And Short Term Investments147.6 M155.3 M513.6 M
Slightly volatile
Net Receivables601.7 M573 M269.9 M
Slightly volatile
Good Will98.7 M186.2 M96.4 M
Slightly volatile
Common Stock Total Equity202.1 K199.8 K231.5 K
Pretty Stable
Common Stock Shares Outstanding20.1 M21.7 M17.9 M
Slightly volatile
Liabilities And Stockholders EquityBB4.7 B
Slightly volatile
Non Current Liabilities Total8.5 B8.1 B2.6 B
Slightly volatile
Other Current Assets144.6 M152.2 M726.1 M
Slightly volatile
Other Stockholder Equity281 M500.8 M272.6 M
Slightly volatile
Total Liabilities8.5 B8.1 B3.8 B
Slightly volatile
Property Plant And Equipment Gross92.3 M158.2 M90.1 M
Slightly volatile
Total Current Assets802.8 M728.3 M737.3 M
Slightly volatile
Short Term Debt118.7 M212.6 M95.5 M
Slightly volatile
Intangible Assets53.8 M41.8 M48.4 M
Slightly volatile
Common Stock176.9 K194.4 K216.6 K
Pretty Stable
Other Liabilities59.7 M95.6 M61.7 M
Slightly volatile
Net Tangible Assets387.6 M535 M325.4 M
Slightly volatile
Long Term Debt381.9 M482.5 M300.7 M
Slightly volatile
Short Term Investments634 M1.1 B529.1 M
Slightly volatile
Long Term Investments1.2 B1.1 B499.8 M
Slightly volatile
Property Plant Equipment87 M90 M78.5 M
Slightly volatile
Long Term Debt Total172.4 M172.2 M140.2 M
Slightly volatile
Capital Surpluse410.6 M516.6 M315.1 M
Slightly volatile
Earning Assets703.2 M937.7 M643 M
Slightly volatile
Retained Earnings Total Equity185.1 M324.8 M165.3 M
Slightly volatile
Capital Lease Obligations10.5 M12.3 M7.1 M
Slightly volatile
Preferred Stock Total Equity133.5 M127.1 M76.3 M
Slightly volatile
Non Current Liabilities Other592.6 M529 M437.5 M
Slightly volatile
Net Invested Capital1.4 B1.5 B1.2 B
Slightly volatile
Capital Stock133.7 M127.4 M31.9 M
Slightly volatile

Midland States Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense199.3 M189.8 M56.3 M
Slightly volatile
Selling General Administrative82.9 M111 M76.5 M
Slightly volatile
Total Revenue73.9 M77.7 M157.6 M
Slightly volatile
Gross Profit73.9 M77.7 M157.6 M
Slightly volatile
Other Operating Expenses44.8 M47.1 M82.9 M
Pretty Stable
Operating Income64 M123.7 M63.1 M
Slightly volatile
EBIT68 M123.7 M64.3 M
Slightly volatile
Selling And Marketing Expenses4.6 M2.8 M9.2 M
Slightly volatile
Net Income From Continuing Ops54.3 M108.4 M43.8 M
Slightly volatile
Cost Of Revenue487 M463.8 M196.4 M
Slightly volatile
Net Income Applicable To Common Shares114.4 M109 M43.7 M
Slightly volatile
Minority Interest32.5 K34.2 K182 K
Slightly volatile
Tax Provision44.3 M42.2 M19.1 M
Slightly volatile
Net Interest Income196 M277.7 M162.6 M
Slightly volatile
Interest Income249.3 M448.3 M207.9 M
Slightly volatile
Reconciled Depreciation12.7 M11.1 M14.3 M
Very volatile

Midland States Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based CompensationM2.9 M1.3 M
Slightly volatile
Begin Period Cash Flow233.1 M184.7 M212.5 M
Slightly volatile
Depreciation12.1 M14.6 M11.4 M
Slightly volatile
Dividends Paid42.8 M40.8 M19.2 M
Slightly volatile
Capital Expenditures5.2 M10 M4.7 M
Slightly volatile
Total Cash From Operating Activities133 M177.8 M124.3 M
Slightly volatile
Net Income91.1 M86.8 M43.4 M
Slightly volatile
End Period Cash Flow238.5 M155.3 M217.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio7.146.80313.0652
Pretty Stable
PTB Ratio1.670.891.3528
Slightly volatile
Capex To Depreciation0.730.790.5316
Slightly volatile
PB Ratio1.670.891.3528
Slightly volatile
ROIC0.01580.01660.0398
Slightly volatile
Sales General And Administrative To Revenue0.310.220.3578
Very volatile
POCF Ratio4.314.5313.7421
Slightly volatile
Interest Coverage0.550.581.883
Slightly volatile
Capex To Operating Cash Flow0.06170.06490.2474
Slightly volatile
Income Quality2.851.843.3229
Pretty Stable
ROE0.110.09530.0948
Very volatile
EV To Operating Cash Flow12.358.039.6621
Slightly volatile
Return On Tangible Assets0.00680.00890.0083
Very volatile
Intangibles To Total Assets0.0230.02270.0279
Slightly volatile
Current Ratio0.210.2297.4873
Pretty Stable
Receivables Turnover0.890.934.6661
Pretty Stable
Debt To Equity1.050.880.8868
Pretty Stable
Revenue Per Share3.413.586610.2592
Very volatile
Debt To Assets0.06860.06910.0795
Pretty Stable
Dividend Yield0.02810.05240.0389
Pretty Stable
Days Sales Outstanding239405369
Very volatile
Book Value Per Share46.4632.2256.8494
Slightly volatile
Operating Cash Flow Per Share4.546.295.5979
Slightly volatile
Stock Based Compensation To Revenue0.00380.00550.005
Pretty Stable
EV To Sales3.613.072.95
Pretty Stable
Capex To Revenue0.03660.02480.0273
Slightly volatile
Cash Per Share25.4942.7333.2719
Slightly volatile
Payout Ratio0.420.47030.5412
Pretty Stable
Tangible Book Value Per Share40.7924.1649.686
Slightly volatile
Graham Number23.8547.1931.7001
Slightly volatile
Shareholders Equity Per Share17.4532.2223.305
Slightly volatile
Capex Per Share0.330.450.305
Pretty Stable
Interest Debt Per Share17.7431.4421.2385
Slightly volatile
Short Term Coverage Ratios0.720.753.2609
Pretty Stable
Price Book Value Ratio1.670.891.3528
Slightly volatile
Price To Operating Cash Flows Ratio4.314.5313.7421
Slightly volatile
Ebt Per Ebit0.520.690.6583
Very volatile
Operating Profit Margin0.230.240.2889
Very volatile
Effective Tax Rate0.330.41360.2965
Very volatile
Company Equity Multiplier12.5411.4211.2676
Slightly volatile
Long Term Debt To Capitalization0.30.310.392
Pretty Stable
Total Debt To Capitalization0.520.50.4561
Slightly volatile
Return On Capital Employed0.01160.02120.015
Very volatile
Debt Equity Ratio1.050.880.8868
Pretty Stable
Ebit Per Revenue0.230.240.2889
Very volatile
Quick Ratio0.210.22107
Pretty Stable
Dividend Paid And Capex Coverage Ratio3.873.154.6142
Slightly volatile
Net Income Per E B T0.550.58640.6607
Slightly volatile
Cash Ratio0.04460.046944.2729
Slightly volatile
Cash Flow Coverage Ratios0.250.230.3121
Pretty Stable
Price To Book Ratio1.670.891.3528
Slightly volatile
Fixed Asset Turnover2.374.392.9647
Pretty Stable
Capital Expenditure Coverage Ratio28.4315.9433.8112
Slightly volatile
Price Cash Flow Ratio4.314.5313.7421
Slightly volatile
Debt Ratio0.06860.06910.0795
Pretty Stable
Cash Flow To Debt Ratio0.250.230.3121
Pretty Stable
Price Sales Ratio7.146.80313.0652
Pretty Stable
Return On Assets0.00910.0110.0084
Pretty Stable
Asset Turnover0.05090.05910.0474
Pretty Stable
Price Fair Value1.670.891.3528
Slightly volatile
Return On Equity0.110.09530.0948
Very volatile
Operating Cycle239405369
Very volatile
Dividend Payout Ratio0.420.47030.5412
Pretty Stable
Cash Conversion Cycle239405369
Very volatile
Operating Cash Flow Sales Ratio0.40.340.4692
Slightly volatile
Days Of Sales Outstanding239405369
Very volatile

Midland States Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap360.3 M528.9 M431.6 M
Slightly volatile
Enterprise Value493 M971.7 M605 M
Slightly volatile

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 Revenue77.7 M73.9 M
Cost Of Revenue463.8 M487 M
Sales General And Administrative To Revenue 0.22  0.31 
Revenue Per Share 3.59  3.41 
Capex To Revenue 0.02  0.04 
Ebit Per Revenue 0.24  0.23 

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 FinTech Suite module to use AI to screen and filter profitable investment 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
1.24
Earnings Share
(1.05)
Revenue Per Share
7.995
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.