Midland States Bancorp (MSBI) Research & Development (2015 - 2026)
Midland States Bancorp (MSBI) posted Research & Development of $7.0 million for Q2 2026, down 1.0% on a QoQ basis from $7.1 million in Q1 2026, and down 0.58% year-over-year from $7.0 million in Q2 2025.
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Analysis
Midland States Bancorp (MSBI) Research & Development (2015 - 2026) Analysis & Trends
Midland States Bancorp has reported Research & Development for 12 years, with the latest figure at $7.0 million in Q2 2026.
- On a quarterly basis, Research & Development fell 0.58% year-over-year to $7.0 million in Q2 2026; TTM through Jun 2026 was $28.1 million, a 0.38% change from a year earlier, with the FY2025 full-year figure at $28.0 million, down 0.66% from the prior year.
- Research & Development was $7.0 million for Q2 2026 at Midland States Bancorp, down from $7.1 million in the prior quarter.
- The five-year high for Research & Development was $7.3 million in Q4 2024, with the low at $5.9 million in Q1 2022.
- Average Research & Development over 5 years is $6.7 million, with a median of $6.9 million recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Research & Development dropped 6.19% in 2022, then rose 10.49% in 2023.
- Over 5 years, Research & Development stood at $6.3 million in 2022, then advanced by 10.49% to $7.0 million in 2023, then gained by 4.52% to $7.3 million in 2024, then decreased by 6.1% to $6.8 million in 2025, then climbed by 2.34% to $7.0 million in 2026.
- The last three Research & Development figures came in at $7.0 million (Q2 2026), $7.1 million (Q1 2026), and $6.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 433.80 Bn | 553.74 Bn | - | - |
| 2 | Truist Financial | 59.87 Bn | 59.87 Bn | - | - |
| 3 | Fifth Third Bancorp | 48.33 Bn | 24.61 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 32.77 Bn | 32.77 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 32.41 Bn | 27.92 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 28.48 Bn | 28.48 Bn | - | - |
| 7 | Regions Financial | 24.32 Bn | 24.39 Bn | - | - |
| 8 | Keycorp | 22.28 Bn | -25.41 Bn | - | 108.00 Mn |
| 9 | First Citizens Bancshares | 22.03 Bn | 21.51 Bn | 29.00 Mn | - |
| 10 | Midland States Bancorp | 695.35 Mn | 392.75 Mn | - | 6.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.99 Mn |
| 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 |
API Access
Midland States Bancorp Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=MSBI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "MSBI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=MSBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();