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Midland States Bancorp (MSBI) Research & Development: 2016-2020

Historic Research & Development for Midland States Bancorp (MSBI) over the last 5 years, with Dec 2020 value amounting to $6.0 million.

  • Midland States Bancorp's Research & Development fell 8.93% to $6.0 million in Q4 2020 from the same period last year, while for Dec 2020 it was $22.6 million, marking a year-over-year increase of 5.86%. This contributed to the annual value of $28.2 million for FY2024, which is 7.13% up from last year.
  • Latest data reveals that Midland States Bancorp reported Research & Development of $6.0 million as of Q4 2020, which was up 4.61% from $5.7 million recorded in Q3 2020.
  • In the past 5 years, Midland States Bancorp's Research & Development ranged from a high of $10.8 million in Q3 2018 and a low of $2.6 million during Q3 2016.
  • Its 3-year average for Research & Development is $5.8 million, with a median of $5.4 million in 2018.
  • Per our database at Business Quant, Midland States Bancorp's Research & Development soared by 123.74% in 2017 and then plummeted by 51.27% in 2019.
  • Quarterly analysis of 5 years shows Midland States Bancorp's Research & Development stood at $2.8 million in 2016, then rose by 28.71% to $3.6 million in 2017, then surged by 45.30% to $5.3 million in 2018, then rose by 24.28% to $6.6 million in 2019, then declined by 8.93% to $6.0 million in 2020.
  • Its Research & Development stands at $6.0 million for Q4 2020, versus $5.7 million for Q3 2020 and $5.5 million for Q2 2020.