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Midland States Bancorp Inc   (MSBI)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

MSBI's Operating Income Growth by Quarter and Year

Midland States Bancorp Inc 's Operating Income results by quarter and year




MSBI Operating Income (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter December - 20.51 43.90 -2.52
III Quarter September - 29.58 29.38 25.43
II Quarter June - 28.82 29.17 19.04
I Quarter March 18.24 28.67 27.39 57.16
FY   18.24 107.58 129.84 99.11



MSBI Operating Income first quarter 2024 Y/Y Growth Comment
Midland States Bancorp Inc reported fall in Operating Income in the first quarter 2024 by -36.38% to $ 18.24 millions, from the same quarter in 2023.
The drop in the first quarter 2024 Midland States Bancorp Inc 's Operating Income compares unfavorably to the Company's average Operating Income doubling of 107.98%.

Looking into first quarter 2024 results within Regional Banks industry 34 other companies have achieved higher Operating Income growth. While Midland States Bancorp Inc ' s Operating Income drop of -36.38% ranks overall at the positon no. 811 in the first quarter 2024.

Explain Operating Income growth


MSBI Operating Income ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter December - -53.28 % - -
III Quarter September - 0.68 % 15.53 % 677.68 %
II Quarter June - -1.2 % 53.2 % 19.07 %
I Quarter March -36.38 % 4.67 % -52.08 % 2743.78 %
FY   - -17.14 % 31.01 % 209.53 %

Financial Statements
Midland States Bancorp Inc 's first quarter 2024 Operating Income $ 18.24 millions MSBI's Income Statement
Midland States Bancorp Inc 's first quarter 2023 Operating Income $ 28.67 millions Quarterly MSBI's Income Statement
New: More MSBI's historic Operating Income Growth >>


MSBI Operating Income (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter December - -30.66 % 49.42 % -
III Quarter September - 2.64 % 0.72 % 33.56 %
II Quarter June - 0.52 % 6.5 % -66.69 %
I Quarter March -11.07 % -34.69 % - 431.72 %
FY (Year on Year)   - -17.14 % 31.01 % 209.53 %




Operating Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #35
Financial Sector #226
Overall #811

Operating Income Y/Y Growth Statistics
High Average Low
1250.54 % 107.98 % -85.45 %
(Dec 31 2019)   (Dec 31 2020)
Operating Income first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry #35
Financial Sector #226
Overall #811
Operating Income Y/Y Growth Statistics
High Average Low
1250.54 % 107.98 % -85.45 %
(Dec 31 2019)   (Dec 31 2020)

Operating Income by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Midland States Bancorp Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
923.9 % 119.18 % -97.75 %
(Sep 30 2017)  


MSBI's I. Quarter Q/Q Operating Income Comment
In the I. Quarter 2024 Midland States Bancorp Inc disclosed drop in Operating Income from the fourth quarter by -11.07% to $ 18.24 millions, from $ 20.51 millions released a quarter before.

But that's not big concern, as I. Quarter Operating Income frequently seem to plunge in this quarter Christian Reed, Financial sector expert located in Boston told.

Within Regional Banks industry 92 other companies have achieved higher Operating Income quarter on quarter growth. While Midland States Bancorp Inc 's Operating Income growth quarter on quarter, overall rank is 925.


Operating Income Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #93
Financial Sector #302
Overall #925
Operating Income Q/Q Growth Company Ranking
Within: No.
Regional Banks Industry #93
Financial Sector #302
Overall #925
Operating Income Q/Q Growth Statistics
High Average Low
923.9 % 119.18 % -97.75 %
(Sep 30 2017)  


MSBI's I. Quarter Q/Q Operating Income Comment
In the I. Quarter 2024 Midland States Bancorp Inc realized drop in Operating Income sequentially by -11.07% to $ 18.24 millions, from $ 20.51 millions declared a quarter before.

When you look into current slump at the I. Quarter, you must assume, that commonly I. Quarter performance emerge weaker in contrast to the fourth quarter

Within Regional Banks industry 92 other companies have achieved higher Operating Income quarter on quarter growth. While Midland States Bancorp Inc 's Operating Income growth quarter on quarter, overall rank is 925.


Midland States Bancorp Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Mar 31 2024)
12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
Cumulative Operating Income 12 Months Ending $ 97.15 $ 107.57 $ 130.96 $ 130.77 $ 131.12
Y / Y Operating Income Growth (TTM) -25.91 % -17.15 % 57 % 64.55 % 89.08 %
Year on Year Operating Income Growth Overall Ranking # 182 # 319 # 1059 # 1251 # 1599
Seqeuential Operating Income Change (TTM) -9.69 % -17.86 % 0.15 % -0.26 % 0.98 %
Seq. Operating Income Growth (TTM) Overall Ranking # 811 # 185 # 661 # 853 # 1722




Cumulative Operating Income growth Comment
Midland States Bancorp Inc 's cumulative 12 months Operating Income continue to drop, but on the faster rate at -25.91% year on year, at Mar 31 2024 compare to the -17.15% decrease at Dec 31 2023. If the Midland States Bancorp Inc 's fiscal year would end at Mar 31 2024, annual Operating Income would be $97 millions.

In the Financial sector 62 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 182, from total ranking in previous quarter at 319.

Operating Income TTM Q/Q Growth Statistics
High Average Low
1250.54 %
107.98 %
-85.45 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 35
Financial Sector # 63
Overall # 182

Operating Income TTM Y/Y Growth Statistics
High Average Low
1250.54 %
107.98 %
-85.45 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 35
Sector # 226
S&P 500 # 811
Cumulative Operating Income growth Comment
Midland States Bancorp Inc 's cumulative 12 months Operating Income continue to drop, but on the faster rate at -25.91% year on year, at Mar 31 2024 compare to the -17.15% decrease at Dec 31 2023. If the Midland States Bancorp Inc 's fiscal year would end at Mar 31 2024, annual Operating Income would be $97 millions.

In the Financial sector 62 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 182, from total ranking in previous quarter at 319.

Operating Income TTM Q/Q Growth Statistics
High Average Low
1250.54 %
107.98 %
-85.45 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Regional Banks Industry # 35
Financial Sector # 63
Overall # 182

Operating Income TTM Y/Y Growth Statistics
High Average Low
1250.54 %
107.98 %
-85.45 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 35
Sector # 226
S&P 500 # 811




Other Operating Income Growth
Regional Banks Industry Operating Income Growth Trends and Statistics
Financial Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
MSBI's Operating Income Growth Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for MSBI's Competitors
Operating Income Growth for Midland States Bancorp Inc 's Suppliers
Operating Income Growth for MSBI's Customers

You may also want to know
MSBI's Annual Growth Rates MSBI's Profitability Ratios MSBI's Asset Turnover Ratio MSBI's Dividend Growth
MSBI's Roe MSBI's Valuation Ratios MSBI's Financial Strength Ratios MSBI's Dividend Payout Ratio
MSBI's Roa MSBI's Inventory Turnover Ratio MSBI's Growth Rates MSBI's Dividend Comparisons



Companies with similar Operating Income drop for the quarter ending Mar 31 2024 within Financial SectorY/Y Change %Operating Income for the quarter ending Mar 31 2024
Nbt Bancorp Inc-0.07%$ -0.069 millions
Webster Financial Corporation-0.41%$ -0.406 millions
Nasdaq Inc -0.49%$ -0.485 millions
Aon Plc-0.54%$ -0.543 millions
Peoples Financial Corp-0.78%$ -0.782 millions
Lakeland Financial Corporation-0.88%$ -0.877 millions
Public Storage-0.90%$ -0.903 millions
Goosehead Insurance Inc -0.95%$ -0.953 millions
One Liberty Properties Inc -1.06%$ -1.058 millions
Heartland Financial Usa Inc -1.17%$ -1.170 millions
Vornado Realty Trust-1.56%$ -1.561 millions
Capitol Federal Financial Inc -1.73%$ -1.729 millions
Unitedhealth Group Incorporated-1.92%$ -1.917 millions
Cubesmart-1.97%$ -1.969 millions
Selectquote Inc -1.97%$ -1.972 millions
Univest Financial Corporation-2.01%$ -2.013 millions
Gladstone Land Corp-2.47%$ -2.471 millions
Siriuspoint Ltd -2.88%$ -2.879 millions
Community Trust Bancorp Inc-3.02%$ -3.021 millions
Hsbc Usa Inc -3.14%$ -3.136 millions
Cb Financial Services Inc -3.20%$ -3.198 millions
Veris Residential Inc -3.24%$ -3.239 millions
Gaming And Leisure Properties inc -3.46%$ -3.464 millions
Hills Bancorporation-3.61%$ -3.613 millions
Bar Harbor Bankshares-3.74%$ -3.741 millions
Commerce Bancshares Inc -4.11%$ -4.105 millions
Customers Bancorp Inc -4.26%$ -4.257 millions
Southern First Bancshares Inc -4.38%$ -4.380 millions
International Bancshares Corporation-4.42%$ -4.423 millions
Wells Fargo and Company-4.43%$ -4.430 millions




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