Midland Historical Income Statement

MSBI Stock  USD 23.88  0.05  0.21%   
Historical analysis of Midland States income statement accounts such as Total Revenue of 72.7 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.
 
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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.
  
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.

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

As of now, Midland States' Income Before Tax is increasing as compared to previous years. The Midland States' current Net Income is estimated to increase to about 91.1 M, while Selling General Administrative is projected to decrease to under 82.9 M.

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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Midland States Bancorp. It is also known as Midland States overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Midland States Bancorp whose combined shares represent less than 50% of the total outstanding shares issued by Midland States have a minority interest in Midland States.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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' Income Before Tax is increasing as compared to previous years. The Midland States' current Net Income is estimated to increase to about 91.1 M, while Selling General Administrative is projected to decrease to under 82.9 M.
 2022 2023 2024 2025 (projected)
Gross Profit322.3M66.6M76.6M72.7M
Total Revenue322.3M66.6M76.6M72.7M

Midland States income statement Correlations

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0.170.41-0.24-0.24-0.140.530.580.510.320.80.750.89-0.30.730.70.75-0.510.930.750.82-0.30.77
0.820.410.660.660.440.630.70.81-0.490.560.590.5-0.770.250.650.62-0.930.340.70.640.430.22
0.62-0.240.661.00.510.460.410.54-0.660.210.290.02-0.42-0.290.320.32-0.6-0.170.350.150.74-0.33
0.62-0.240.661.00.510.460.410.54-0.660.210.290.02-0.42-0.290.320.32-0.6-0.170.350.150.74-0.33
0.33-0.140.440.510.51-0.09-0.050.06-0.9-0.1-0.03-0.26-0.19-0.110.050.28-0.22-0.340.170.070.84-0.19
0.380.530.630.460.46-0.090.960.90.080.860.880.76-0.40.340.910.67-0.680.660.860.8-0.020.33
0.520.580.70.410.41-0.050.960.970.00.870.890.79-0.490.450.920.67-0.730.680.850.81-0.050.39
0.720.510.810.540.540.060.90.97-0.190.810.840.73-0.640.380.850.66-0.810.590.80.740.10.31
-0.590.32-0.49-0.66-0.66-0.90.080.0-0.190.170.080.320.370.260.02-0.140.250.46-0.060.06-0.850.34
0.350.80.560.210.21-0.10.860.870.810.170.990.95-0.420.670.920.85-0.670.910.870.83-0.120.56
0.390.750.590.290.29-0.030.880.890.840.080.990.92-0.440.640.930.86-0.680.860.870.82-0.050.51
0.320.890.50.020.02-0.260.760.790.730.320.950.92-0.410.710.850.79-0.660.970.80.81-0.280.67
-0.83-0.3-0.77-0.42-0.42-0.19-0.4-0.49-0.640.37-0.42-0.44-0.41-0.22-0.46-0.420.67-0.31-0.45-0.41-0.17-0.17
0.090.730.25-0.29-0.29-0.110.340.450.380.260.670.640.71-0.220.560.58-0.350.750.460.54-0.290.6
0.370.70.650.320.320.050.910.920.850.020.920.930.85-0.460.560.86-0.70.780.950.930.00.49
0.40.750.620.320.320.280.670.670.66-0.140.850.860.79-0.420.580.86-0.680.740.90.850.250.49
-0.71-0.51-0.93-0.6-0.6-0.22-0.68-0.73-0.810.25-0.67-0.68-0.660.67-0.35-0.7-0.68-0.5-0.71-0.65-0.28-0.27
0.140.930.34-0.17-0.17-0.340.660.680.590.460.910.860.97-0.310.750.780.74-0.50.740.79-0.410.73
0.40.750.70.350.350.170.860.850.8-0.060.870.870.8-0.450.460.950.9-0.710.740.970.120.52
0.320.820.640.150.150.070.80.810.740.060.830.820.81-0.410.540.930.85-0.650.790.97-0.030.6
0.44-0.30.430.740.740.84-0.02-0.050.1-0.85-0.12-0.05-0.28-0.17-0.290.00.25-0.28-0.410.12-0.03-0.42
0.020.770.22-0.33-0.33-0.190.330.390.310.340.560.510.67-0.170.60.490.49-0.270.730.520.6-0.42
Click cells to compare fundamentals

Midland States Account Relationship Matchups

Midland States income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization16.0M13.1M12.1M4.8M5.5M8.5M
Interest Expense45.8M30.1M56.0M168.3M193.5M203.2M
Selling General Administrative112.3M114.5M90.3M96.5M111.0M82.9M
Total Revenue272.7M285.1M322.3M66.6M76.6M72.7M
Gross Profit272.7M285.1M322.3M66.6M76.6M72.7M
Other Operating Expenses240.7M186.0M3.3M41.0M47.1M44.8M
Operating Income32.0M99.1M168.3M107.6M123.7M64.0M
Ebit35.5M102.4M132.1M107.6M123.7M68.0M
Ebitda51.5M115.5M144.2M107.6M123.7M76.1M
Total Operating Expenses(240.7M)(186.0M)3.3M41.0M36.9M38.7M
Income Before Tax32.0M99.1M129.8M107.6M123.7M129.9M
Net Income22.5M81.3M99.0M75.5M86.8M91.1M
Income Tax Expense9.5M17.8M30.8M32.1M36.9M38.8M
Selling And Marketing Expenses3.5M3.2M3.3M3.2M2.8M4.6M
Total Other Income Expense Net(65.3M)99.1M(38.5M)107.6M123.7M129.9M
Net Income From Continuing Ops41.5M81.3M99.0M94.3M108.4M54.3M
Net Income Applicable To Common Shares55.3M22.5M81.3M94.8M109.0M114.4M
Tax Provision9.5M17.8M30.8M36.7M42.2M44.3M
Net Interest Income199.1M207.7M245.7M241.5M277.7M196.0M
Interest Income244.9M237.8M301.8M389.8M448.3M249.3M
Reconciled Depreciation19.5M16.3M14.4M12.4M11.1M12.7M

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 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.