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

Historic Rent Expense for Midland States Bancorp (MSBI) over the last 5 years, with Dec 2020 value amounting to $3.5 million.

  • Midland States Bancorp's Rent Expense fell 24.13% to $3.5 million in Q4 2020 from the same period last year, while for Dec 2020 it was $17.6 million, marking a year-over-year decrease of 6.69%. This contributed to the annual value of $16.8 million for FY2024, which is 5.00% up from last year.
  • As of Q4 2020, Midland States Bancorp's Rent Expense stood at $3.5 million, which was down 27.44% from $4.9 million recorded in Q3 2020.
  • Midland States Bancorp's Rent Expense's 5-year high stood at $5.0 million during Q3 2018, with a 5-year trough of $3.2 million in Q1 2017.
  • Its 3-year average for Rent Expense is $4.6 million, with a median of $4.8 million in 2018.
  • In the last 5 years, Midland States Bancorp's Rent Expense spiked by 35.60% in 2018 and then decreased by 24.13% in 2020.
  • Over the past 5 years, Midland States Bancorp's Rent Expense (Quarterly) stood at $3.3 million in 2016, then grew by 18.19% to $3.9 million in 2017, then climbed by 29.41% to $5.0 million in 2018, then dropped by 6.81% to $4.7 million in 2019, then decreased by 24.13% to $3.5 million in 2020.
  • Its Rent Expense stands at $3.5 million for Q4 2020, versus $4.9 million for Q3 2020 and $4.3 million for Q2 2020.