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Midland States Bancorp MSBI Corporate — Income tax expense (benefit)

Other segment segments

Banking
$5.31M+70.7%
Wealth Management
$759K-0.1%

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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:IncomeTaxExpenseBenefit.

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 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
Income tax expense (benefit)5,305759(415)5,649
Net income (loss)$19,024$1,003$(1,564)$18,463
Total assets$6,561,452$37,760$(51,249)$6,547,963
(dollars in thousands)BankingWealthManagementCorporateTotal
Three Months Ended March 31, 2025

ITEM 1 – FINANCIAL STATEMENTS

FAQ

What is Midland States Bancorp's corporate — income tax expense (benefit)?
Midland States Bancorp (MSBI) reported corporate — income tax expense (benefit) of -$415K in Q1 2026.
How has Midland States Bancorp's corporate — income tax expense (benefit) changed year-over-year?
Midland States Bancorp's corporate — income tax expense (benefit) increased by 40.3% year-over-year, from -$695K to -$415K.
What is the long-term trend for Midland States Bancorp's corporate — income tax expense (benefit)?
Over 2 years (2022 to 2024), Midland States Bancorp's corporate — income tax expense (benefit) has grown at a -16.6% compound annual growth rate (CAGR), from -$6.38M to -$4.44M.
What does corporate — income tax expense (benefit) mean?
The amount of income tax expense or benefit allocated to the corporate segment based on its pre-tax earnings. This reflects the fiscal impact of tax regulations on the segment's bottom-line performance.

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