Midland States Bancorp (MSBI) Research & Development (2016 - 2020)
Midland States Bancorp (MSBI) has disclosed Research & Development for 5 consecutive years, with $6.0 million as the latest value for Q4 2020.
- For Q4 2020, Research & Development fell 8.93% year-over-year to $6.0 million; the TTM value through Dec 2020 reached $22.6 million, up 5.86%, while the annual FY2025 figure was $28.0 million, 0.66% down from the prior year.
- Research & Development hit $6.0 million in Q4 2020 for Midland States Bancorp, up from $5.7 million in the prior quarter.
- Across five years, Research & Development topped out at $10.8 million in Q3 2018 and bottomed at $2.6 million in Q3 2016.
- Average Research & Development over 5 years is $4.8 million, with a median of $5.0 million recorded in 2018.
- Year-over-year, Research & Development soared 123.74% in 2017 and then tumbled 51.27% in 2019.
- 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 skyrocketed by 45.3% to $5.3 million in 2018, then rose by 24.28% to $6.6 million in 2019, then dropped by 8.93% to $6.0 million in 2020.
- According to Business Quant data, Research & Development over the past three periods came in at $6.0 million, $5.7 million, and $5.5 million for Q4 2020, Q3 2020, and Q2 2020 respectively.