Midland States Bancorp (MSBI) Interest Expenses: 2016-2020
Historic Interest Expenses for Midland States Bancorp (MSBI) over the last 5 years, with Dec 2020 value amounting to $9.2 million.
- Midland States Bancorp's Interest Expenses fell 41.64% to $9.2 million in Q4 2020 from the same period last year, while for Dec 2020 it was $45.8 million, marking a year-over-year decrease of 23.37%. This contributed to the annual value of $189.8 million for FY2024, which is 12.78% up from last year.
- Latest data reveals that Midland States Bancorp reported Interest Expenses of $9.2 million as of Q4 2020, which was down 11.01% from $10.3 million recorded in Q3 2020.
- Midland States Bancorp's Interest Expenses' 5-year high stood at $15.8 million during Q4 2019, with a 5-year trough of $3.9 million in Q3 2016.
- For the 3-year period, Midland States Bancorp's Interest Expenses averaged around $12.4 million, with its median value being $12.5 million (2018).
- As far as peak fluctuations go, Midland States Bancorp's Interest Expenses soared by 94.95% in 2018, and later crashed by 41.64% in 2020.
- Quarterly analysis of 5 years shows Midland States Bancorp's Interest Expenses stood at $4.0 million in 2016, then surged by 85.58% to $7.5 million in 2017, then spiked by 74.93% to $13.1 million in 2018, then climbed by 20.68% to $15.8 million in 2019, then tumbled by 41.64% to $9.2 million in 2020.
- Its Interest Expenses stands at $9.2 million for Q4 2020, versus $10.3 million for Q3 2020 and $11.6 million for Q2 2020.