Midland States Bancorp (MSBI) Interest Expense - Fed Funds (2016 - 2020)

Midland States Bancorp (MSBI) has disclosed Interest Expense - Fed Funds for 5 consecutive years, with $2.9 million as the latest value for Q4 2020.

  • For Q4 2020, Interest Expense - Fed Funds fell 2.71% year-over-year to $2.9 million; the TTM value through Dec 2020 reached $12.0 million, down 13.65%, while the annual FY2025 figure was $14.6 million, 11.36% down from the prior year.
  • Interest Expense - Fed Funds hit $2.9 million in Q4 2020 for Midland States Bancorp, down from $3.2 million in the prior quarter.
  • Across five years, Interest Expense - Fed Funds topped out at $3.8 million in Q1 2019 and bottomed at $136000.0 in Q1 2016.
  • Average Interest Expense - Fed Funds over 5 years is $2.1 million, with a median of $2.7 million recorded in 2018.
  • Year-over-year, Interest Expense - Fed Funds soared 388.24% in 2017 and then decreased 22.87% in 2020.
  • Midland States Bancorp's Interest Expense - Fed Funds stood at $359000.0 in 2016, then soared by 371.59% to $1.7 million in 2017, then skyrocketed by 117.54% to $3.7 million in 2018, then dropped by 17.92% to $3.0 million in 2019, then dropped by 2.71% to $2.9 million in 2020.
  • According to Business Quant data, Interest Expense - Fed Funds over the past three periods came in at $2.9 million, $3.2 million, and $2.9 million for Q4 2020, Q3 2020, and Q2 2020 respectively.