Midland States Bancorp MSBI
NASDAQ MSBI
$32.96 +0.37 (+1.14%)
At close: Oct 22, 2026 · 4:00 PM EDT

Midland States Bancorp, Inc. (MSBI) Tax Rate (2015 - 2026)

Updated

Midland States Bancorp's Tax Rate came in at 22.86% for Q2 2026, up 3.74 percentage points from 19.13% a year earlier but down 0.56 percentage points from the prior quarter.

Analysis

Midland States Bancorp, Inc. (MSBI) Tax Rate (2015 - 2026) Analysis & Trends

Over the trailing twelve months to Jun 30, 2026, Midland States Bancorp reported Tax Rate of 25.78%, up 27.52 percentage points year-over-year; for FY2025, it was -8.19%, down 27.08 percentage points from FY2024.

  • Tax Rate carries a five-year change of -37.80 percentage points (FY2020 to FY2025).
  • Going back by year, Tax Rate was 18.88% in FY2024 (-11.59 pp), 30.48% in FY2023 (+6.77 pp), 23.71% in FY2022 (+5.75 pp) and 17.95% in FY2021 (-11.65 pp).
  • The five-year range for quarterly Tax Rate is -2.30% (Q1 2025) to 54.34% (Q3 2023).
  • Year-over-year, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -3.89 percentage points.
  • The fastest year-over-year change in Tax Rate over five years came in Q3 2023 (a gain of 34.40 percentage points), and the weakest in Q3 2021 (a drop of 74.24 percentage points).
  • Business Quant data shows MSBI's Tax Rate at 23.43% (Q1 2026), 11.08% (Q4 2025) and 33.21% (Q3 2025) in the three quarters before Q2 2026.
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.86%
Mar 31, 2026 23.43%
Sep 30, 2025 33.21%
Jun 30, 2025 19.13%
Sep 30, 2024 18.16%
Jun 30, 2024 19.16%
Mar 31, 2024 22.02%
Dec 31, 2023 26.21%
Sep 30, 2023 54.34%
Jun 30, 2023 23.35%
Mar 31, 2023 21.31%
Dec 31, 2022 25.01%
Sep 30, 2022 19.94%
Jun 30, 2022 24.97%
Mar 31, 2022 24.24%
Dec 31, 2021 24.49%
Sep 30, 2021 23.13%
Mar 31, 2021 22.89%
Dec 31, 2020 22.45%
Sep 30, 2020 97.37%
API Access

Midland States Bancorp, Inc. Tax Rate 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=tax-rate&ticker=MSBI&period=max&api_key=YOUR_API_KEY