Midland States Bancorp (MSBI) Research & Development (2015 - 2026)

Midland States Bancorp (MSBI) recorded quarterly Research & Development of $7.1 million in Q1 2026, up 3.38% quarter-over-quarter from $6.8 million in Q4 2025, and up 2.11% on a YoY basis from $6.9 million in Q1 2025.

Midland States Bancorp (MSBI) Research & Development (2015 - 2026) Analysis & Trends

Midland States Bancorp's Research & Development history runs 12 years deep, the most recent figure standing at $7.1 million for Q1 2026.

  • In Q1 2026, Research & Development rose 2.11% year-over-year to $7.1 million; the TTM figure through Mar 2026 stood at $28.1 million (down 0.84% YoY), while the FY2025 annual figure was $28.0 million, down 0.66% from the prior year.
  • Research & Development was $7.1 million for Q1 2026 at Midland States Bancorp, up from $6.8 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $7.3 million in Q4 2024 to a low of $5.9 million in Q1 2022.
  • Historically, Research & Development has averaged $6.7 million across 5 years, with a median of $6.8 million in 2025.
  • The sharpest annual moves came in 2022 and 2023: Research & Development slipped 6.19% in 2022, then increased 10.49% in 2023.
  • A 5-year view of Research & Development shows it stood at $6.3 million in 2022, then gained by 10.49% to $7.0 million in 2023, then rose by 4.52% to $7.3 million in 2024, then retreated by 6.1% to $6.8 million in 2025, then advanced by 3.38% to $7.1 million in 2026.
  • The last three Research & Development figures came in at $7.1 million (Q1 2026), $6.8 million (Q4 2025), and $7.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (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 - 1.10 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 554,000.00
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 - 7.07 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 7.07 Mn
Dec 31, 2025 6.83 Mn
Sep 30, 2025 7.19 Mn
Jun 30, 2025 7.04 Mn
Mar 31, 2025 6.92 Mn
Dec 31, 2024 7.28 Mn
Sep 30, 2024 6.96 Mn
Jun 30, 2024 7.21 Mn
Mar 31, 2024 6.72 Mn
Dec 31, 2023 6.96 Mn
Sep 30, 2023 6.47 Mn
Jun 30, 2023 6.54 Mn
Mar 31, 2023 6.31 Mn
Dec 31, 2022 6.30 Mn
Sep 30, 2022 6.09 Mn
Jun 30, 2022 6.08 Mn
Mar 31, 2022 5.87 Mn
Dec 31, 2021 5.82 Mn
Sep 30, 2021 6.50 Mn
Jun 30, 2021 6.29 Mn