Midland States Bancorp (MSBI) Rent Expense (2015 - 2026)
Midland States Bancorp (MSBI) recorded quarterly Rent Expense of $4.5 million in Q1 2026, up 4.18% quarter-over-quarter from $4.4 million in Q4 2025, and up 0.82% on a YoY basis from $4.5 million in Q1 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.
- In Q1 2026, Rent Expense rose 0.82% year-over-year to $4.5 million; the TTM figure through Mar 2026 stood at $17.3 million (up 0.69% YoY), while the FY2025 annual figure was $17.2 million, up 2.61% from the prior year.
- Rent Expense was $4.5 million for Q1 2026 at Midland States Bancorp, up from $4.4 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $4.5 million in Q1 2026 to a low of $3.5 million in Q2 2022.
- Historically, Rent Expense has averaged $4.1 million across 5 years, with a median of $4.1 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Rent Expense fell 8.09% in 2022, then advanced 18.32% in 2023.
- A 5-year view of Rent Expense shows it 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.
- The last three Rent Expense figures came in at $4.5 million (Q1 2026), $4.4 million (Q4 2025), and $4.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Midland States Bancorp | 642.23 Mn | 524.91 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 |