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MSBI logoMidland States Bancorp, Inc. (MSBI) Earnings History

Annual and quarterly earnings data from 2009 to 2025

TTM Net Income
-$124M
Net Loss
TTM EPS
$-5.69
Diluted
YoY EPS Growth
-565.2%
Declining
Net Margin
-26.6%
Profitability
Operating Margin-22.1%
Gross Margin57.4%
ROE-19.5%
ROA-1.8%
Highest Annual Net Income$100M (2022)
Highest Quarterly EPS$1.30 (Q4 2022)
Consecutive Profitable Years0 years
Q4 2025
Net Income-$3M
EPS$-0.24
QoQ Growth-138.2%Declining

Loading earnings history...

MSBI EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
N/A
N/M
3-Year
N/A
N/M
5-Year
N/A
N/M
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

MSBI Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202557.4%-22.1%-26.6%
202443.2%8.6%7.0%
202350.7%17.3%12.0%
202269.6%30.1%23.0%
202189.3%31.6%26.0%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Midland States Bancorp, Inc. (MSBI) Earnings Overview

As of May 8, 2026, Midland States Bancorp, Inc. (MSBI) reported trailing twelve-month net income of -$124M, reflecting -565.2% year-over-year growth. The company earned $-5.69 per diluted share over the past four quarters, with a net profit margin of -26.6%.

Looking at the long-term picture, MSBI's historical earnings data spans multiple years. The company achieved its highest annual net income of $100M in fiscal 2022.

Midland States Bancorp, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →

Compared to peers including MBWM ($89M net income, 23.9% margin), FULT ($392M net income, 20.7% margin), IBCP ($69M net income, 21.7% margin), MSBI has room to improve margins relative to the peer group. Compare MSBI vs MBWM →

MSBI Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
MSBI logoMSBICurrent
-$124M$-5.69-26.6%-19.5%-565.2%—
MBWM logoMBWM
$89M$5.4623.9%13.6%+10.8%
FULT logoFULT
$392M$2.1420.7%11.7%+32.5%
IBCP logoIBCP
$69M$3.2921.7%14.3%+3.5%
NBTB logoNBTB
$169M$3.2219.5%9.9%+12.5%
BANF logoBANF
$238M$7.0223.8%14.2%+1.6%
Best in group
Lowest in group

MSBI Historical Earnings Data (2009–2025)

17 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025-$124M-426.7%-$103M$-6.14-26.6%-22.1%
2024$38M-37.8%$47M$1.327.0%8.6%
2023$61M-39.0%$88M$2.3312.0%17.3%
2022$100M+23.3%$131M$4.2323.0%30.1%
2021$81M+260.8%$99M$3.5726.0%31.6%
2020$23M-59.6%$32M$0.957.1%10.1%
2019$56M+41.5%$72M$2.2617.1%22.2%
2018$39M+145.5%$51M$1.6613.4%17.2%
2017$16M-49.1%$26M$0.877.6%12.6%
2016$32M+29.7%$50M$2.1716.5%26.4%

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Compare MSBI vs BRK-A

Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..

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MSBI — Frequently Asked Questions

Quick answers to the most common questions about buying MSBI stock.

Is MSBI growing earnings?

MSBI EPS fell to $-5.69, with earnings declining -565.2%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-124M.

What are MSBI's profit margins?

Midland States Bancorp, Inc. net margin is -26.6%, with operating margin at -22.1%. Below-average margins reflect competitive or cost pressures.

How consistent are MSBI's earnings?

MSBI earnings data spans 2009-2025. The declining earnings trend is -565.2% YoY. Historical data enables comparison across business cycles.

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MSBI Earnings Over Time (2014–2025)

Net income and EPS trends