Midland States Bancorp (MSBI) Return on Invested Capital [ROIC] (2016 - 2026)
Midland States Bancorp (MSBI) posted Return on Invested Capital [ROIC] of 15.46% for Q2 2026, up 11.61 percentage points from 3.85% a year earlier and up 0.61 percentage points from the prior quarter.
Midland States Bancorp (MSBI) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2025, Midland States Bancorp's Return on Invested Capital [ROIC] came in at 3.67%, down 13.16 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -0.38 percentage points (FY2020 to FY2025).
- In prior years, Midland States Bancorp's Return on Invested Capital [ROIC] was 16.82% in FY2024 (+2.13 pp), 14.70% in FY2023 (+1.61 pp), 13.08% in FY2022 (+4.45 pp) and 8.63% in FY2021 (+4.59 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] since Q4 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in four of the last eight quarters, with an average year-over-year change of -3.27 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q2 2026, with a gain of 11.61 percentage points; the weakest was Q3 2025, with a drop of 17.41 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 14.84% (Q1 2026), 3.58% (Q4 2025) and 1.28% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 15.80% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 13.07% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | - |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 12.02% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 49.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 14.05% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 3.63% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 14.79% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | Midland States Bancorp | 683.54 Mn | -38.79 Mn | - | 14.60% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.60% |
| Mar 31, 2026 | 14.06% |
| Dec 31, 2025 | 3.41% |
| Sep 30, 2025 | 1.20% |
| Jun 30, 2025 | 3.57% |
| Mar 31, 2025 | 5.61% |
| Dec 31, 2024 | 15.82% |
| Sep 30, 2024 | 17.50% |
| Jun 30, 2024 | 15.49% |
| Mar 31, 2024 | 14.86% |
| Dec 31, 2023 | 13.44% |
| Sep 30, 2023 | 13.22% |
| Jun 30, 2023 | 13.39% |
| Mar 31, 2023 | 12.27% |
| Dec 31, 2022 | 11.02% |
| Sep 30, 2022 | 9.60% |
| Jun 30, 2022 | 9.27% |
| Mar 31, 2022 | 9.28% |
| Dec 31, 2021 | 8.73% |
| Sep 30, 2021 | 7.24% |
Midland States Bancorp Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MSBI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MSBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();