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Midland States Bancorp MSBI Gross charge-offs

Gross charge-offs at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
$3B+1.7%
Mid Penn Bancorp logo
Mid Penn BancorpMPB
$61K-93.3%
Northwest Bancshares logo
Northwest BancsharesNWBI
$6.8M-14.0%
Customers Bancorp logo
Customers BancorpCUBI
$17.33M+1.0%
First Merchants Corporation logo
First Merchants CorporationFRME

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$688.97M+82.8%
Enterprise value$737.72M+237%
P/E19.6×
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:FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff.

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)Commercial Loan Portfolio / CommercialCommercial Loan Portfolio / CommercialrealestateCommercial Loan Portfolio / Constructionand landdevelopmentOther Loan Portfolio / ResidentialrealestateOther Loan Portfolio / ConsumerOther Loan Portfolio / LeasefinancingTotal
Balances, December 31, 2025$23,676$28,284$2,619$6,652$4,804$3,184$69,219
Provision for credit losses on loans2,4893,206(16)(459)137465,403
Charge-offs(2,062)(3,838)(35)(65)(896)(737)(7,633)
Recoveries474175158178886
Balances, March 31, 2026$24,577$27,653$2,568$6,203$4,203$2,671$67,875
Balances, December 31, 2024$42,776$36,837$3,550$8,002$5,400$14,639$111,204
Provision for credit losses on loans3,5802,954(529)(74)9403,97910,850
Charge-offs(13,300)(723)(72)(453)(3,448)(17,996)

ITEM 1 – FINANCIAL STATEMENTS

FAQ

What is Midland States Bancorp's gross charge-offs?
Midland States Bancorp (MSBI) reported gross charge-offs of $7.63M in Q1 2026.
How has Midland States Bancorp's gross charge-offs changed year-over-year?
Midland States Bancorp's gross charge-offs decreased by 57.6% year-over-year, from $18M to $7.63M.

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