Midland States Bancorp, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $325.0M | $375.1M | $363.6M | $406.6M | $277.6M | $260.4M | $265.1M | $251.9M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $-114.9M | $46.9M | $256.2M | $187.4M | $129.3M | $77.8M | $132.2M | $94.1M |
| Operating Margin | -35.3% | 12.5% | 70.5% | 46.1% | 46.6% | 29.9% | 49.9% | 37.4% |
| Interest Expense | — | — | $168.3M | $56.0M | $30.1M | $45.8M | $59.7M | $43.3M |
| Pretax Income | $-114.9M | $46.9M | $88.0M | $131.4M | $99.1M | $32.0M | $72.5M | $50.8M |
| Income Tax Expense | $9.4M | $8.9M | $26.8M | $31.1M | $17.8M | $9.5M | $16.7M | $11.4M |
| Net Income | $-124.3M | $38.0M | $61.2M | $100.2M | $81.3M | $22.5M | $55.8M | $39.4M |
| Net Margin | -38.2% | 10.1% | 16.8% | 24.7% | 29.3% | 8.7% | 21.0% | 15.7% |
| EPS (Basic) | $-6.12 | $1.32 | $2.33 | $4.29 | $3.58 | $0.95 | $2.28 | $1.69 |
| EPS (Diluted) | $-6.12 | $1.32 | $2.33 | $4.28 | $3.57 | $0.95 | $2.26 | $1.66 |
| Shares Outstanding (Basic) | 21.8M | 21.7M | 22.1M | 22.3M | 22.5M | 23.3M | 24.3M | 23.1M |
| Shares Outstanding (Diluted) | 21.8M | 21.7M | 22.1M | 22.4M | 22.5M | 23.3M | 24.5M | 23.5M |
| Dividends Per Share | $1.26 | $1.24 | $1.20 | $1.16 | $1.12 | $1.07 | $0.97 | $0.88 |