Midland States Bancorp (MSBI) Tax Rate (2016 - 2020)

Midland States Bancorp's Tax Rate history spans 5 years, with the latest figure at 22.45% 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 reached 22.45% in Q4 2020 per MSBI's latest filing, down from 97.37% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 97.37% in Q3 2020 to a low of 12.09% in Q3 2017.
  • Average Tax Rate over 5 years is 32.43%, with a median of 23.92% recorded in 2019.
  • Peak YoY movement for Tax Rate: tumbled -5266bps in 2018, then skyrocketed 7328bps in 2020.
  • A 5-year view of Tax Rate shows it 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.
  • Per Business Quant, the three most recent readings for MSBI's Tax Rate are 22.45% (Q4 2020), 97.37% (Q3 2020), and 21.41% (Q2 2020).