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Midland States Bancorp MSBI Banking — Interest Expense

Other segment segments

Corporate
$1.35M-41.9%
Wealth Management
$20K+17.6%

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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+84.4%
Enterprise value$743.74M+240%
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:InterestExpenseOperating.

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
Interest income$86,022$86,022
Interest expense27,238201,34728,605
Net interest income (expense)58,784(20)(1,347)57,417
Provision for credit losses5,0035,003
Wealth management revenue8,2488,248
Other noninterest income15,006(1,132)13,874
Total noninterest income15,0068,248(1,132)22,122
Salaries and employee benefits21,7634,39426,157

ITEM 1 – FINANCIAL STATEMENTS

FAQ

What is Midland States Bancorp's banking — interest expense?
Midland States Bancorp (MSBI) reported banking — interest expense of $27.24M in Q1 2026.
How has Midland States Bancorp's banking — interest expense changed year-over-year?
Midland States Bancorp's banking — interest expense decreased by 29.7% year-over-year, from $38.73M to $27.24M.
What is the long-term trend for Midland States Bancorp's banking — interest expense?
Over 3 years (2022 to 2025), Midland States Bancorp's banking — interest expense has grown at a 46.4% compound annual growth rate (CAGR), from $45.52M to $142.71M.
What does banking — interest expense mean?
This metric measures the total interest costs incurred by the banking segment on its interest-bearing liabilities, such as deposits and borrowed funds. It reflects the cost of funding the segment's operations and is a key component in determining net interest margin.

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