Midland Historical Income Statement
| MSBIP Stock | USD 25.65 0.55 2.19% |
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.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 gross domestic product. At this time, Midland States' Reconciled Depreciation is relatively stable compared to the past year.
| 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 Account Relationship Matchups
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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 | |
| Total Other Income Expense Net | 72.5M | (65.3M) | 99.1M | (38.5M) | 107.6M | 113.0M | |
| 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 | |
| Tax Provision | 16.7M | 9.5M | 17.8M | 30.8M | 36.7M | 22.5M | |
| Net Interest Income | 189.8M | 199.1M | 207.7M | 245.7M | 241.5M | 231.7M | |
| Interest Income | 249.5M | 244.9M | 237.8M | 301.8M | 389.8M | 302.0M | |
| Net Income From Continuing Ops | 55.8M | 22.5M | 81.3M | 99.0M | 94.3M | 71.9M | |
| Reconciled Depreciation | 19.4M | 19.5M | 16.3M | 14.4M | 12.4M | 13.1M | |
| Net Income Applicable To Common Shares | 55.3M | 22.3M | 80.5M | 94.8M | 109.0M | 64.2M |
Pair Trading with Midland States
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Midland States position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Midland States will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Midland States could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Midland States when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Midland States - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Midland States Bancorp to buy it.
The correlation of Midland States is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Midland States moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Midland States Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Midland States can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Midland Stock Analysis
When running Midland States' price analysis, check to measure Midland States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Midland States is operating at the current time. Most of Midland States' value examination focuses on studying past and present price action to predict the probability of Midland States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midland States' price. Additionally, you may evaluate how the addition of Midland States to your portfolios can decrease your overall portfolio volatility.