# Midland States Bancorp, Inc.: overview

MSBI · Nasdaq · CIK 1466026 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/msbi.md) · [Financials](/companies/msbi/financials.md) · [Filings](/companies/msbi/filings.md) · [Insiders](/companies/msbi/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | not reported | [(6.58)](/filings/0001466026-26-000049.md) | [0.44](/filings/0001466026-26-000078.md) | [0.24](/filings/0001466026-26-000099.md) | not reported | [0.74](/filings/0001466026-26-000049.md) | [0.82](/filings/0001466026-26-000078.md) | [0.95](/filings/0001466026-26-000099.md) |
| Free cash flow | $m | [52.8 d](/filings/0001466026-26-000020.md) | [22.9](/filings/0001466026-26-000049.md) | [26.7 d](/filings/0001466026-26-000078.md) | [78.6 d](/filings/0001466026-26-000099.md) | [(7.8) d](/filings/0001466026-26-000020.md) | [16.3](/filings/0001466026-26-000049.md) | [29.2 d](/filings/0001466026-26-000078.md) | [37.9 d](/filings/0001466026-26-000099.md) |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL not reported.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | not reported | not reported | not reported | not reported | not reported |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | not reported | not reported | not reported | not reported | not reported |
| Diluted EPS | $ per share | [3.57](/filings/0001466026-24-000009.md) | [4.28](/filings/0001466026-25-000021.md) | [2.33](/filings/0001466026-26-000020.md) | [1.32](/filings/0001466026-26-000020.md) | [(6.12)](/filings/0001466026-26-000020.md) |
| Free cash flow | $m | [332](/filings/0001466026-24-000009.md) | [282](/filings/0001466026-25-000021.md) | [145](/filings/0001466026-26-000020.md) | [170](/filings/0001466026-26-000020.md) | [120](/filings/0001466026-26-000020.md) |

- Revenue. XBRL not reported.
- Gross margin (gross profit / revenue). XBRL not reported.
- Operating margin (operating income / revenue). XBRL not reported.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/msbi/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $90.9m | 2,920,667 |  | Added +65,013 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $26.8m | 859,377 |  | Reduced −31,423 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $26.4m | 847,353 |  | Reduced −54,039 |
| [Busey Bank](/funds/1427202.md) | 2026-06-30 | $23.6m | 759,286 |  | Unchanged |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $21.6m | 694,107 |  | Reduced −71,815 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $17.6m | 563,718 |  | Reduced −22,444 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $16.7m | 537,292 |  | Added +3,335 |
| [HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC](/funds/1164833.md) | 2026-06-30 | $16.1m | 517,334 |  | Reduced −23,030 |
| [Patriot Financial Partners GP II, L.P.](/funds/2061817.md) | 2026-06-30 | $13.7m | 438,500 |  | Unchanged |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $10.6m | 340,862 |  | Reduced −55,401 |

## Recent filings

[All 1,321 filings](/companies/msbi/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 16:07 ET | [10-Q](/filings/0001466026-26-000099.md) | Quarterly report, period 2026-09-30 | 0001466026-26-000099 |
| 2026-10-22 | 16:05 ET | [8-K](/filings/0001466026-26-000097.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001466026-26-000097 |
| 2026-08-04 | 16:05 ET | [8-K](/filings/0001104659-26-090358.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-090358 |
| 2026-07-30 | 16:19 ET | [10-Q](/filings/0001466026-26-000078.md) | Quarterly report, period 2026-06-30 | 0001466026-26-000078 |
| 2026-07-28 | 09:28 ET | [8-K](/filings/0001104659-26-087359.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-087359 |
| 2026-07-23 | 16:07 ET | [8-K](/filings/0001466026-26-000071.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001466026-26-000071 |
| 2026-05-11 | 16:55 ET | [8-K](/filings/0001104659-26-058721.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-058721 |
| 2026-05-08 | 16:02 ET | [8-K](/filings/0001104659-26-057892.md) | 5.07 Shareholder vote results | 0001104659-26-057892 |
| 2026-05-05 | 17:20 ET | [8-K](/filings/0001104659-26-055732.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-055732 |
| 2026-05-05 | 16:42 ET | [8-K](/filings/0001104659-26-055691.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001104659-26-055691 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001466026-26-000020.md), filed Mar 2, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1466026
- Tickers: MSBI, MSBIP
- Exchange: Nasdaq
- SIC code: 6022 State Commercial Banks
- State of incorporation: IL
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 17:29 ET. No prices; not investment advice.