Midland States Bancorp (MSBI) Tax Rate (2015 - 2026)
Midland States Bancorp's quarterly Tax Rate came in at 23.43% in Q1 2026, up 2573.0% year-on-year from 0.88% in Q1 2025, and up 111.37% quarter-over-quarter from 11.08% in Q4 2025.
Midland States Bancorp has reported Tax Rate for 12 years, with the latest figure at 23.43% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 2573.0% year-over-year to 23.43%; the trailing twelve-month figure through Mar 2026 stood at 25.27% (up 2997.0% YoY), and the FY2025 full-year result was 8.19%, down 2708.0% from the prior year.
- Tax Rate for Q1 2026 stood at 23.43%, up from 11.08% in the prior quarter.
- The five-year high for Tax Rate was 54.34% in Q3 2023, with the low at 2.3% in Q1 2025.
- Average Tax Rate over 5 years is 22.6%, with a median of 22.02% recorded in 2024.
- Year-over-year, Tax Rate soared 3440 bps in 2023 and tumbled 3618 bps in 2024.
- Tracing MSBI's Tax Rate over 5 years: stood at 25.01% in 2022, then rose by 5 bps to 26.21% in 2023, then declined by 20 bps to 20.99% in 2024, then plunged by 47 bps to 11.08% in 2025, then jumped 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 | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 19.21 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 18.98 |
| 10 | Midland States Bancorp | 588.55 Mn | 471.23 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 |
| Sep 30, 2023 | 54.34 |
| Sep 30, 2023 | 54.34 |
| Jun 30, 2023 | 23.35 |
| Jun 30, 2023 | 23.35 |
| Mar 31, 2023 | 21.31 |
| Mar 31, 2023 | 21.31 |
| Dec 31, 2022 | 25.01 |
| Dec 31, 2022 | 25.01 |
| Sep 30, 2022 | 19.94 |
| Sep 30, 2022 | 19.94 |
| Jun 30, 2022 | 24.97 |
| Jun 30, 2022 | 24.97 |
| Mar 31, 2022 | 24.24 |
| Mar 31, 2022 | 24.24 |
| Dec 31, 2021 | 24.49 |
| Dec 31, 2021 | 24.49 |
| Sep 30, 2021 | 23.13 |
| Sep 30, 2021 | 23.13 |
| Jun 30, 2021 | -5.69 |
| Jun 30, 2021 | -5.69 |
| Mar 31, 2021 | 22.89 |
| Mar 31, 2021 | 22.89 |
| Dec 31, 2020 | 22.45 |
| Dec 31, 2020 | 22.45 |
| Sep 30, 2020 | 97.37 |
| Sep 30, 2020 | 97.37 |
| Jun 30, 2020 | 21.41 |
| Jun 30, 2020 | 21.41 |
| Mar 31, 2020 | 22.74 |
| Mar 31, 2020 | 22.74 |
| Dec 31, 2019 | 20.40 |
| Dec 31, 2019 | 20.40 |
| Sep 30, 2019 | 24.09 |
| Sep 30, 2019 | 24.09 |
| Jun 30, 2019 | 23.55 |
| Jun 30, 2019 | 23.55 |
| Mar 31, 2019 | 23.75 |
| Mar 31, 2019 | 23.75 |
| Dec 31, 2018 | 21.70 |
| Dec 31, 2018 | 21.70 |
| Sep 30, 2018 | 22.28 |
| Sep 30, 2018 | 22.28 |
| Jun 30, 2018 | 19.24 |
| Jun 30, 2018 | 19.24 |
| Mar 31, 2018 | 43.24 |
| Mar 31, 2018 | 43.24 |
| Dec 31, 2017 | 74.36 |
| Dec 31, 2017 | 74.36 |
| Sep 30, 2017 | 12.09 |
| Sep 30, 2017 | 12.09 |
| Jun 30, 2017 | 28.01 |
| Jun 30, 2017 | 28.01 |
| Mar 31, 2017 | 26.00 |
| Mar 31, 2017 | 26.00 |
| Dec 31, 2016 | 41.82 |
| Dec 31, 2016 | 41.82 |
| Sep 30, 2016 | 33.75 |
| Sep 30, 2016 | 33.75 |
| Jun 30, 2016 | 35.17 |
| Jun 30, 2016 | 35.17 |
| Mar 31, 2016 | 35.17 |
| Mar 31, 2016 | 35.17 |
| Dec 31, 2015 | 26.75 |
| Dec 31, 2015 | 26.75 |
| Sep 30, 2015 | 35.84 |
| Sep 30, 2015 | 35.84 |
| Jun 30, 2015 | 29.28 |
| Jun 30, 2015 | 29.28 |
| Mar 31, 2015 | 35.27 |
| Mar 31, 2015 | 35.27 |