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| Date | Value |
|---|---|
| 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% |