Midland States Bancorp (MSBI) Tax Rate (2016 - 2020)
Midland States Bancorp (MSBI) has disclosed Tax Rate for 5 consecutive years, with 22.45% as the latest value for Q4 2020.
- For Q4 2020, Tax Rate rose 205.0% year-over-year to 22.45%; the TTM value through Dec 2020 reached 29.6%, up 658.0%, while the annual FY2025 figure was 8.19%, 2708.0% down from the prior year.
- Tax Rate hit 22.45% in Q4 2020 for Midland States Bancorp, down from 97.37% in the prior quarter.
- Across five years, Tax Rate topped out at 97.37% in Q3 2020 and bottomed at 12.09% in Q3 2017.
- Average Tax Rate over 5 years is 32.43%, with a median of 23.92% recorded in 2019.
- Year-over-year, Tax Rate tumbled -5266bps in 2018 and then skyrocketed 7328bps in 2020.
- Midland States Bancorp's Tax Rate stood at 41.82% in 2016, then surged by 78bps to 74.36% in 2017, then tumbled by -71bps to 21.7% in 2018, then decreased by -6bps to 20.4% in 2019, then rose by 10bps to 22.45% in 2020.
- According to Business Quant data, Tax Rate over the past three periods came in at 22.45%, 97.37%, and 21.41% for Q4 2020, Q3 2020, and Q2 2020 respectively.