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Midland States Bancorp (MSBI) Rent Expense (2016 - 2020)

Midland States Bancorp (MSBI) has disclosed Rent Expense for 5 consecutive years, with $3.5 million as the latest value 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 hit $3.5 million in Q4 2020 for Midland States Bancorp, down from $4.9 million in the prior quarter.
  • Across five years, Rent Expense topped out at $5.0 million in Q3 2018 and bottomed at $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.
  • Year-over-year, Rent Expense surged 35.6% in 2018 and then fell 24.13% in 2020.
  • Midland States Bancorp's Rent Expense 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.
  • According to Business Quant data, Rent Expense over the past three periods came in at $3.5 million, $4.9 million, and $4.3 million for Q4 2020, Q3 2020, and Q2 2020 respectively.