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Midland States Bancorp MSBI Banking — Depreciation on premises and equipment

Other segment segments

Wealth Management
$11K+10.0%
Corporate
$0

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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$694.99M+82.8%
Enterprise value$743.74M+237%
P/E19.8×
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:Depreciation.

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
(dollars in thousands) / Three Months Ended March 31, 2026BankingWealth ManagementCorporateTotal
Other noninterest income15,006(1,132)13,874
Total noninterest income15,0068,248(1,132)22,122
Salaries and employee benefits21,7634,39426,157
Depreciation expense1,206111,217
Amortization of intangible assets471246717
Other noninterest expense21,0181,815(500)22,333
Total noninterest expense44,4586,466(500)50,424
Income (loss) before income taxes24,3291,762(1,979)24,112

ITEM 1 – FINANCIAL STATEMENTS

FAQ

What is Midland States Bancorp's banking — depreciation on premises and equipment?
Midland States Bancorp (MSBI) reported banking — depreciation on premises and equipment of $1.21M in Q1 2026.
How has Midland States Bancorp's banking — depreciation on premises and equipment changed year-over-year?
Midland States Bancorp's banking — depreciation on premises and equipment decreased by 1.8% year-over-year, from $1.23M to $1.21M.
What is the long-term trend for Midland States Bancorp's banking — depreciation on premises and equipment?
Over 3 years (2022 to 2025), Midland States Bancorp's banking — depreciation on premises and equipment has grown at a 0.4% compound annual growth rate (CAGR), from $4.78M to $4.85M.
What does banking — depreciation on premises and equipment mean?
This metric represents the systematic allocation of the cost of physical assets, such as bank branches and technology hardware, over their useful lives. It reflects the ongoing capital expenditure requirements to maintain the segment's operational infrastructure.

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