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

Other segment segments

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$5.31M+70.7%
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$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$632.47M+80.0%
Enterprise value$681.22M+127%
P/E18×
P/S1.9×+0.9×

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 official record: Midland States Bancorp’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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.