Midland States Bancorp (MSBI) Rent Expense (2015 - 2026)
Midland States Bancorp (MSBI) posted quarterly Rent Expense of $4.2 million for Q2 2026, up 1.51% year-over-year from $4.2 million in Q2 2025, and down 6.75% quarter-over-quarter from $4.5 million in Q1 2026.
Midland States Bancorp (MSBI) Rent Expense (2015 - 2026) Analysis & Trends
Midland States Bancorp's Rent Expense history runs 12 years deep, the most recent figure standing at $4.2 million for Q2 2026.
- In Q2 2026, Rent Expense rose 1.51% year-over-year to $4.2 million; the TTM figure through Jun 2026 stood at $17.3 million (changed 0.12% YoY), while the FY2025 annual figure was $17.2 million, up 2.61% from the prior year.
- Rent Expense for Q2 2026 stood at $4.2 million, down from $4.5 million in the prior quarter.
- The five-year high for Rent Expense was $4.5 million in Q1 2026, with the low at $3.5 million in Q2 2022.
- The 5-year median for Rent Expense is $4.2 million (2024), against an average of $4.1 million.
- The sharpest annual moves came in 2022 and 2023: Rent Expense declined 8.09% in 2022, then gained 18.32% in 2023.
- Midland States Bancorp's Rent Expense stood at $3.7 million in 2022, then rose by 4.96% to $3.9 million in 2023, then rose by 8.95% to $4.3 million in 2024, then increased by 1.56% to $4.4 million in 2025, then decreased by 2.85% to $4.2 million in 2026.
- Business Quant data shows MSBI's Rent Expense at $4.2 million in Q2 2026, $4.5 million in Q1 2026, and $4.4 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 121.20 Bn | 85.00 Bn | - | - |
| 2 | Pnc Financial Services | 97.72 Bn | 97.72 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 95.92 Bn | 95.92 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.78 Bn | -144.31 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.99 Bn | -81.33 Bn | - | - |
| 7 | Nu Holdings | 70.73 Bn | 57.04 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.59 Bn | 61.59 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.49 Bn | 25.77 Bn | - | 154.00 Mn |
| 10 | Midland States Bancorp | 683.87 Mn | 381.27 Mn | - | 4.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.23 Mn |
| Jun 30, 2026 | 4.23 Mn |
| Mar 31, 2026 | 4.54 Mn |
| Mar 31, 2026 | 4.54 Mn |
| Dec 31, 2025 | 4.35 Mn |
| Dec 31, 2025 | 4.35 Mn |
| Sep 30, 2025 | 4.21 Mn |
| Sep 30, 2025 | 4.21 Mn |
| Jun 30, 2025 | 4.17 Mn |
| Jun 30, 2025 | 4.17 Mn |
| Mar 31, 2025 | 4.50 Mn |
| Mar 31, 2025 | 4.50 Mn |
| Dec 31, 2024 | 4.29 Mn |
| Dec 31, 2024 | 4.29 Mn |
| Sep 30, 2024 | 4.39 Mn |
| Sep 30, 2024 | 4.39 Mn |
| Jun 30, 2024 | 3.96 Mn |
| Jun 30, 2024 | 3.96 Mn |
| Mar 31, 2024 | 4.14 Mn |
| Mar 31, 2024 | 4.14 Mn |