Midland States Bancorp, Inc. (MSBI) Tax Rate (2015 - 2026)
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.
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 Comparison
Historic Data
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MSBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();