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Midland States Bancorp MSBI Goodwill impairment

Goodwill impairment at other companies

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Northwest BancsharesNWBI
$0
Citizens Financial Services, Inc. logo
Citizens Financial Services, Inc.CZFS
$0
BCB Bancorp logo
BCB BancorpBCBP
$5.25M

Other financials

Income statement

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Revenue$79.5M+4.6%
Net income$18.5M+113%
EPS (diluted)$0.74+111%

Balance sheet

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Cash & equivalents$113.7M+11.4%
Total debt$162.4M+220%
Total equity$559.0M-2.2%
Total assets$6.5B-10.1%

Cash flow

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Operating cash flow$17.0M-31.3%
CapEx$619.0K-66.5%
Free cash flow$16.3M-28.5%

Valuation

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Market cap$688.97M+82.8%
Enterprise value$737.72M+237%
P/E19.6×
P/S2.1×+1.0×

Profitability

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Net margin10.7%
FCF margin37%-5.4pp

Returns & leverage

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Return on equity6.2%
Debt / equity0.3×+0.2×

Where this comes from

Reported directly by Midland States Bancorp in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Midland States Bancorp’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:10 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001466026-26-000049
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Communications431329
Loan expense3,3051,335
Loan servicing fees1,116750
Impairment on goodwill153,977
Amortization of intangible assets717911
Other expense3,0862,873
Total noninterest expense50,424203,005
Income (loss) before income taxes24,112(137,802)

ITEM 1 – FINANCIAL STATEMENTS

FAQ

What is Midland States Bancorp's goodwill impairment?
Midland States Bancorp (MSBI) reported goodwill impairment of $0 in Q1 2026.
How has Midland States Bancorp's goodwill impairment changed year-over-year?
Midland States Bancorp's goodwill impairment decreased by 100.0% year-over-year, from $153.98M to $0.
What does goodwill impairment mean?
Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

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