Midland States Bancorp (MSBI) Rent Expense (2016 - 2020)
Midland States Bancorp's Rent Expense history spans 5 years, with the latest figure at $3.5 million for Q4 2020.
- For Q4 2020, Rent Expense fell 24.13% year-over-year to $3.5 million; the TTM value through Dec 2020 reached $17.6 million, down 6.69%, while the annual FY2025 figure was $17.2 million, 2.61% up from the prior year.
- Rent Expense reached $3.5 million in Q4 2020 per MSBI's latest filing, down from $4.9 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $5.0 million in Q3 2018 to a low of $3.2 million in Q1 2017.
- Average Rent Expense over 5 years is $4.2 million, with a median of $4.3 million recorded in 2018.
- Peak YoY movement for Rent Expense: surged 35.6% in 2018, then fell 24.13% in 2020.
- A 5-year view of Rent Expense shows it stood at $3.3 million in 2016, then increased by 18.19% to $3.9 million in 2017, then rose by 29.41% to $5.0 million in 2018, then fell by 6.81% to $4.7 million in 2019, then dropped by 24.13% to $3.5 million in 2020.
- Per Business Quant, the three most recent readings for MSBI's Rent Expense are $3.5 million (Q4 2020), $4.9 million (Q3 2020), and $4.3 million (Q2 2020).