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Midland States Bancorp MSBI Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

First Mid Bancshares, Inc. logo
First Mid Bancshares, Inc.FMBH
$1.34M-20.6%
Northwest Bancshares logo
Northwest BancsharesNWBI
$2.04M+53.4%
Old National Bancorp logo
Old National BancorpONB
$7.56M+40.5%
Greene County Bancorp logo
Greene County BancorpGCBC
$708K+13.3%
UBS
United BanksharesUBSI
$2.99M-11.2%
West Bancorporation logo
West BancorporationWTBA
$308K+9.2%

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:BankOwnedLifeInsuranceIncome.

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 bank owned life insurance income?
Midland States Bancorp (MSBI) reported bank owned life insurance income of $2.08M in Q1 2026.
How has Midland States Bancorp's bank owned life insurance income changed year-over-year?
Midland States Bancorp's bank owned life insurance income decreased by 11.1% year-over-year, from $2.33M to $2.08M.
What is the long-term trend for Midland States Bancorp's bank owned life insurance income?
Over 4 years (2021 to 2025), Midland States Bancorp's bank owned life insurance income has grown at a 17.5% compound annual growth rate (CAGR), from $4.5M to $8.56M.
What does bank owned life insurance income mean?
This represents the tax-advantaged income earned on life insurance policies held by the bank on the lives of key employees or executives. It serves as a stable, non-interest income source that helps offset the costs of employee benefit programs. The metric reflects the performance of the underlying cash value of these insurance assets.