Midland States Bancorp, Inc.MSBI
What Midland States Bancorp, Inc. does.
Midland States Bancorp, Inc., an Illinois corporation formed in 1988, is a diversified financial holding company headquartered in Effingham, Illinois. Our banking subsidiary, Midland States Bank, an Illinois state-chartered bank formed in 1881, has branches across Illinois and in Missouri, and provides a full range of commercial and consumer banking products and services, merchant credit card services, trust and investment management, insurance and financial planning services. As of December 31, 2025, the Company had total assets of $6.51 billion, and our wealth management group had assets under administration of approximately $4.48 billion.
Our strategic plan focuses on delivering a superior customer experience through a high-tech, high-touch approach, while remaining committed to core community banking and relationship-driven growth. We continue to enhance our regional franchise approach that serves our core customers with a consistent, high-performance culture rooted in our One Midland values and with a strong foundation in Enterprise Risk Management.
Community Banking. Our community banking business primarily consists of commercial and retail lending and deposit taking. We deliver a comprehensive range of banking products and services to individuals, businesses, municipalities and other entities within our market areas, which include Illinois and the St. Louis metropolitan area, where we operated 53 full-service banking offices as of December 31, 2025.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $260.4M | $277.6M | $406.6M | $363.6M | $375.1M | $325.0M |
| Net income | $22.5M | $81.3M | $100.2M | $61.2M | $38.0M | -$124.3M |
| Free cash flow | $496.6M | $331.7M | $282.3M | $144.6M | $169.6M | $120.3M |
More on MSBI.
- Midland States Bancorp, Inc. summary
- Midland States Bancorp, Inc. financial statements
- Midland States Bancorp, Inc. key metrics
- Midland States Bancorp, Inc. health scores and style box
- Midland States Bancorp, Inc. earnings
- Midland States Bancorp, Inc. dividends
- Midland States Bancorp, Inc. valuation
- Midland States Bancorp, Inc. ownership and insiders
- Midland States Bancorp, Inc. peers
Figures from Midland States Bancorp, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.