Midland States Bancorp (MSBI) Rent Expense (2015 - 2026)
Midland States Bancorp's (MSBI) quarterly Rent Expense came in at $4.5 million in Q1 2026, up 0.82% year-on-year from $4.5 million in Q1 2025, and up 4.18% quarter-over-quarter from $4.4 million in Q4 2025.
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 $4.5 million for Q1 2026.
- On a quarterly basis, Rent Expense rose 0.82% year-over-year to $4.5 million in Q1 2026; TTM through Mar 2026 was $17.3 million, a 0.69% increase from a year earlier, with the FY2025 full-year figure at $17.2 million, up 2.61% from the prior year.
- Rent Expense improved to $4.5 million in Q1 2026 per MSBI's latest filing, from $4.4 million in the prior quarter.
- Across five years, Rent Expense topped out at $4.5 million in Q1 2026 and bottomed at $3.5 million in Q2 2022.
- The 5-year median for Rent Expense is $4.1 million (2024), against an average of $4.1 million.
- Across the five-year window, Rent Expense decreased 8.09% in 2022 and grew 18.32% in 2023, its largest moves.
- Year by year, Rent Expense stood at $3.7 million in 2022, then gained by 4.96% to $3.9 million in 2023, then gained by 8.95% to $4.3 million in 2024, then rose by 1.56% to $4.4 million in 2025, then gained by 4.18% to $4.5 million in 2026.
- Per Business Quant, the three latest MSBI Rent Expense figures stand at $4.5 million (Q1 2026), $4.4 million (Q4 2025), and $4.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 634,000.00 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.45 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 262.00 Mn |
| 10 | Midland States Bancorp | 659.70 Mn | 542.38 Mn | - | 4.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 3.93 Mn |
| Dec 31, 2023 | 3.93 Mn |