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Midland States Bancorp MSBI Wealth Management — Salaries and employee benefits
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Where this comes from
Reported directly by Midland States Bancorp in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
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 |
|---|---|---|---|---|
| Wealth management revenue | — | 8,248 | — | 8,248 |
| Other noninterest income | 15,006 | — | (1,132) | 13,874 |
| 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 |
ITEM 1 – FINANCIAL STATEMENTS
FAQ
- What is Midland States Bancorp's wealth management — salaries and employee benefits?
- Midland States Bancorp (MSBI) reported wealth management — salaries and employee benefits of $4.39M in Q1 2026.
- How has Midland States Bancorp's wealth management — salaries and employee benefits changed year-over-year?
- Midland States Bancorp's wealth management — salaries and employee benefits increased by 25.5% year-over-year, from $3.5M to $4.39M.
- What is the long-term trend for Midland States Bancorp's wealth management — salaries and employee benefits?
- Over 3 years (2022 to 2025), Midland States Bancorp's wealth management — salaries and employee benefits has grown at a 9.5% compound annual growth rate (CAGR), from $12.48M to $16.41M.
- What does wealth management — salaries and employee benefits mean?
- This metric tracks the total compensation costs, including salaries, bonuses, and benefits, for personnel dedicated to the wealth management segment. As wealth management is a human-capital-intensive business, this represents the largest component of operating expenses. Monitoring this helps assess the segment's cost structure and investment in talent.
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