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

Midland States Bancorp's (MSBI) quarterly Research & Development came in at $7.1 million in Q1 2026, up 2.11% year-on-year from $6.9 million in Q1 2025, and up 3.38% quarter-over-quarter from $6.8 million in Q4 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.

  • On a quarterly basis, Research & Development rose 2.11% year-over-year to $7.1 million in Q1 2026; TTM through Mar 2026 was $28.1 million, a 0.84% decrease from a year earlier, with the FY2025 full-year figure at $28.0 million, down 0.66% from the prior year.
  • Research & Development climbed to $7.1 million in Q1 2026 per MSBI's latest filing, from $6.8 million in the prior quarter.
  • Across five years, Research & Development topped out at $7.3 million in Q4 2024 and bottomed at $5.9 million in Q1 2022.
  • The 5-year median for Research & Development is $6.8 million (2025), against an average of $6.7 million.
  • Across the five-year window, Research & Development declined 6.19% in 2022 and gained 10.49% in 2023, its largest moves.
  • Year by year, Research & Development 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.
  • Per Business Quant, the three latest MSBI Research & Development figures stand at $7.1 million (Q1 2026), $6.8 million (Q4 2025), and $7.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 1.10 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 554,000.00
9 Pnc Financial Services 100.96 Bn 101.01 Bn - -
10 Midland States Bancorp 659.70 Mn 542.38 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