12 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | — | -$124M | — | — | -22.0% | -1.9% | $120M | — | $128M |
| 2024 | — | $38M | — | — | 5.4% | 0.5% | $170M | — | $115M |
| 2023 | — | $61M | — | — | 8.6% | 0.8% | $145M | — | $135M |
| 2022 | — | $100M | — | — | 14.4% | 1.3% | $282M | — | $161M |
| 2021 | — | $81M | — | — | 13.5% | 1.1% | $332M | — | $680M |
| 2020 | — | $23M | — | — | 3.6% | 0.3% | $497M | — | $342M |
| 2019 | — | $56M | — | — | 8.4% | 0.9% | $533M | — | $395M |
| 2018 | — | $39M | — | — | 6.5% | 0.7% | $90M | — | $214M |
| 2017 | — | $16M | — | — | 3.6% | 0.4% | $64M | — | $215M |
| 2016 | — | $32M | — | — | 9.8% | 1.0% | $22M | — | $191M |
| 2015 | — | $24M | — | — | 10.4% | 0.8% | $67M | — | $212M |
| 2014 | — | $11M | — | — | 4.9% | 0.4% | — | — | $160M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | — | $20M | — | — | 3.5% | 0.3% | $29M | — | $299M |
| Mar '26 | — | $18M | — | — | 3.3% | 0.3% | $16M | — | $114M |
| Dec '25 | — | -$3M | — | — | -0.5% | -0.0% | -$8M | — | $128M |
| Sep '25 | — | $8M | — | — | 1.3% | 0.1% | $79M | — | $166M |
| Jun '25 | — | $12M | — | — | 2.1% | 0.2% | $27M | — | $177M |
| Mar '25 | — | -$141M | — | — | -24.7% | -1.9% | $23M | — | $102M |
| Dec '24 | — | -$31M | — | — | -4.3% | -0.4% | $53M | — | $115M |
| Sep '24 | — | $20M | — | — | 2.6% | 0.3% | $44M | — | $122M |
| Jun '24 | — | $26M | — | — | 3.5% | 0.3% | $30M | — | $125M |
| Mar '24 | — | $23M | — | — | 3.1% | 0.3% | $43M | — | $167M |
| Dec '23 | — | $6M | — | — | 0.9% | 0.1% | $84M | — | $135M |
| Sep '23 | — | $9M | — | — | 1.3% | 0.1% | $4M | — | $132M |
| Jun '23 | — | $17M | — | — | 2.4% | 0.2% | $43M | — | $161M |
| Mar '23 | — | $22M | — | — | 3.1% | 0.3% | $13M | — | $138M |
| Dec '22 | — | $33M | — | — | 4.7% | 0.4% | $40M | — | $161M |
| Sep '22 | — | $24M | — | — | 3.2% | 0.3% | $50M | — | $313M |
| Jun '22 | — | $22M | — | — | 3.4% | 0.3% | $115M | — | $270M |
| Mar '22 | — | $21M | — | — | 3.2% | 0.3% | $39M | — | $332M |
| Dec '21 | — | $23M | — | — | 3.8% | 0.3% | $32M | — | $680M |
| Sep '21 | — | $20M | — | — | 3.0% | 0.3% | $84M | — | $663M |
How the market has priced MSBI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
See the revenue and net-income charts above for Midland States Bancorp, Inc.'s multi-year trend.
As of FY2025, Midland States Bancorp, Inc. reported — of total debt against $128M of cash.
In FY2025, gross margin was —, operating margin —, and net margin —.
As of Sep '26, Midland States Bancorp, Inc. traded at a price-to-earnings ratio of about 8.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.