Midland States Bancorp (MSBI) Financials

$32.88

$-0.67 (-2.00%)

As on 22-Sep-2026 16:25EDT

Market cap

$696 Mln

Revenue (TTM)

$443 Mln

P/E Ratio

21.4

P/B Ratio

1.5

Div. Yield

3.8 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	442.94	467.59	546.05	66.59	436.51	313.23
Cost of Revenue	159.79	199.29	310.11	403.29	132.78	33.54
Gross Profit	283.15	268.30	235.94	66.59	303.73	279.70
Operating Expenses	225.19	371.55	189.04	40.98	172.34	180.59
Operating Profit (EBIT)	57.96	-103.24	46.90	107.57	131.39	99.11
Other Income	--	--	--	--	--	--
Profit before Tax	57.96	-114.87	46.90	107.57	131.39	99.11
Provision for Tax	14.94	9.41	8.86	32.11	31.15	17.80
Profit after Tax (Net Income)	43.02	-124.28	38.04	75.46	100.24	81.32
Minority Interest	--	--	--	--	--	--
Consolidated Profit	--	--	--	--	94.75	81.32

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	569.69	565.50	710.85	791.85	758.57	663.84
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	416.01	463.36	386.95	470.16	467.44	498.64
Current Liabilities	5,714.92	5,484.56	6,409.01	6,604.85	6,629.49	6,281.33
Total Liabilities	12,415.54	6,513.42	7,506.81	7,866.87	7,855.50	7,443.81

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	4,690.28	5,070.50	6,038.42	6,318.48	6,421.87	5,421.16
Current Assets	1,988.68	1,442.92	1,468.39	1,548.39	1,433.64	2,022.65
Total Assets	8,689.30	6,513.42	7,506.81	7,866.87	7,855.50	7,443.81
Total Debt*	344.89	380.20	423.25	604.41	644.39	536.61
Net Current Assets	--	--	--	--	--	--

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	125.68	176.55	154.64	236.76	334.44
Cash Flow from Investing Activities	--	748.91	136.71	-76.08	-1,098.89	-478.50
Cash from Financing Activities	--	-861.54	-333.55	-104.13	332.08	482.79
Net Cash Inflow / Outflow	--	--	--	--	--	338.73

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	2.02	-5.69	1.75	3.46	4.45	3.60
Cash EPS ($)	--	-5.14	2.36	4.02	5.09	4.33
Adjusted Book Value ($)	--	25.88	32.79	36.29	33.71	29.40
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	5.75	8.14	7.09	10.52	14.81
Free Cash Flow per Share ($)	--	5.51	7.83	6.69	10.37	14.69

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	-11.95	3.01	5.39	7.70	5.70
ROE (%)	7.58	-19.47	5.06	9.73	14.09	12.65
ROA (%)	0.53	-1.77	0.49	0.96	1.31	1.14
EBIT Margin (%)	13.09	-22.08	8.59	161.55	30.10	31.64
Net Margin (%)	9.71	-26.58	6.97	113.32	22.96	25.96
Cash Profit Margin (%)	0.00	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	16.75	-0.14	7.20	-0.85	0.39	-0.01
EBIT Growth (%)	326.56	-320.13	-56.40	-18.12	32.56	209.59
Net Profit Growth (%)	672.46	-426.68	-49.58	-24.72	23.27	260.82
EPS Growth (%)	659.23	-4.24	-0.49	-0.22	0.24	2.67
Book Value Growth (%)	2.81	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	21.36	-3.72	13.90	7.97	5.98	6.88
Price / Book Value	1.52	0.82	0.74	0.76	0.79	0.84
Dividend Yield (%)	3.81	--	--	--	--	--
EV/EBITDA	--	6.17	-1.90	1.45	2.21	-4.19
Close Price ($)	31.14	21.17	24.40	27.56	26.62	24.79
High Price ($)	31.49	25.76	28.10	28.47	30.60	30.32
Low Price ($)	14.24	14.24	20.54	17.98	23.48	17.70
Market Cap ($ Cr)	696.03	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	0.50	0.67	0.60	0.76	0.85	0.81
Short term debt to equity ratio	0.01	0.11	0.12	0.23	0.24	0.12
Current Ratio	0.35	0.26	0.23	0.23	0.22	0.32
Quick Ratio	0.35	--	--	0.26	0.32	0.44
Interest Coverage	1.45	-0.68	0.25	0.64	2.35	3.29

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	5.35	5.10	73.63	748.29	117.31	141.35
Asset Turnover	0.05	0.07	0.07	0.01	0.06	0.04
Receivable days	--	166.34	301.12	2,770.89	399.47	510.94
Inventory Days	--	--	-188.44	-375.45	-1,902.54	-6,011.25
Payable days	--	227.75	138.23	86.35	239.45	28,290.39
Cash Conversion Cycle	--	--	-25.55	2,309.09	-1,742.51	-33,790.69

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.