Midland States Bancorp (MSBI) Tax Rate (2015 - 2026)

Midland States Bancorp (MSBI) recorded quarterly Tax Rate of 23.43% in Q1 2026, up 111.37% quarter-over-quarter from 11.08% in Q4 2025, and up 2573.0% on a YoY basis from 0.88% in Q1 2025.

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

Midland States Bancorp's Tax Rate history runs 12 years deep, the most recent figure standing at 23.43% for Q1 2026.

  • In Q1 2026, Tax Rate rose 2573.0% year-over-year to 23.43%; the TTM figure through Mar 2026 stood at 25.27% (up 2997.0% YoY), while the FY2025 annual figure was 8.19%, down 2708.0% from the prior year.
  • Tax Rate was 23.43% for Q1 2026 at Midland States Bancorp, up from 11.08% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 54.34% in Q3 2023 to a low of 2.3% in Q1 2025.
  • Historically, Tax Rate has averaged 22.6% across 5 years, with a median of 22.02% in 2024.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 3440 bps in 2023, then tumbled 3618 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 25.01% in 2022, then increased by 5 bps to 26.21% in 2023, then dropped by 20 bps to 20.99% in 2024, then sank by 47 bps to 11.08% in 2025, then soared by 111 bps to 23.43% in 2026.
  • The last three Tax Rate figures came in at 23.43% (Q1 2026), 11.08% (Q4 2025), and 33.21% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -22.54%
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -23.21%
4 First Capital 215.78 Bn 215.63 Bn - 19.21%
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 19.83%
7 NatWest 168.65 Bn -51.67 Bn - -25.87%
8 Shinhan Financial 136.54 Bn 104.11 Bn - 25.76%
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 Midland States Bancorp 642.23 Mn 524.91 Mn - 23.43%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.43%
Mar 31, 2026 23.43%
Dec 31, 2025 11.08%
Dec 31, 2025 11.08%
Sep 30, 2025 33.21%
Sep 30, 2025 33.21%
Jun 30, 2025 19.13%
Jun 30, 2025 19.13%
Mar 31, 2025 -2.30%
Mar 31, 2025 -2.30%
Dec 31, 2024 20.99%
Dec 31, 2024 20.99%
Sep 30, 2024 18.16%
Sep 30, 2024 18.16%
Jun 30, 2024 19.16%
Jun 30, 2024 19.16%
Mar 31, 2024 22.02%
Mar 31, 2024 22.02%
Dec 31, 2023 26.21%
Dec 31, 2023 26.21%