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Midland States Bancorp MSBI Wealth Management — Intangible Amortization
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Where this comes from
Reported directly by Midland States Bancorp in its filing.
Tagged under the XBRL concept us-gaap:AmortizationOfIntangibleAssets.
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, 2026 | Banking | Wealth Management | Corporate | Total |
|---|---|---|---|---|
| Total noninterest income | 15,006 | 8,248 | (1,132) | 22,122 |
| Salaries and employee benefits | 21,763 | 4,394 | — | 26,157 |
| Depreciation expense | 1,206 | 11 | — | 1,217 |
| Amortization of intangible assets | 471 | 246 | — | 717 |
| Other noninterest expense | 21,018 | 1,815 | (500) | 22,333 |
| Total noninterest expense | 44,458 | 6,466 | (500) | 50,424 |
| Income (loss) before income taxes | 24,329 | 1,762 | (1,979) | 24,112 |
| Income tax expense (benefit) | 5,305 | 759 | (415) | 5,649 |
ITEM 1 – FINANCIAL STATEMENTS
FAQ
- What is Midland States Bancorp's wealth management — intangible amortization?
- Midland States Bancorp (MSBI) reported wealth management — intangible amortization of $246K in Q1 2026.
- How has Midland States Bancorp's wealth management — intangible amortization changed year-over-year?
- Midland States Bancorp's wealth management — intangible amortization decreased by 7.9% year-over-year, from $267K to $246K.
- What is the long-term trend for Midland States Bancorp's wealth management — intangible amortization?
- Over 3 years (2022 to 2025), Midland States Bancorp's wealth management — intangible amortization has grown at a -7.4% compound annual growth rate (CAGR), from $1.29M to $1.03M.
- What does wealth management — intangible amortization mean?
- This metric captures the periodic expense related to the write-down of intangible assets, such as acquired client lists or brand value, specific to the wealth management segment. It reflects the accounting cost of past acquisitions or business combinations within the segment. Investors monitor this to understand the impact of historical growth strategies on current earnings.
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