Midland States Bancorp (MSBI) Tax Rate: 2016-2020
Historic Tax Rate for Midland States Bancorp (MSBI) over the last 5 years, with Dec 2020 value amounting to 22.45%.
- Midland States Bancorp's Tax Rate rose 205.00% to 22.45% in Q4 2020 from the same period last year, while for Dec 2020 it was 29.60%, marking a year-over-year increase of 658.00%. This contributed to the annual value of 18.88% for FY2024, which is 1159.00% down from last year.
- Per Midland States Bancorp's latest filing, its Tax Rate stood at 22.45% for Q4 2020, which was down 76.94% from 97.37% recorded in Q3 2020.
- Midland States Bancorp's Tax Rate's 5-year high stood at 97.37% during Q3 2020, with a 5-year trough of 12.09% in Q3 2017.
- Its 3-year average for Tax Rate is 30.19%, with a median of 22.60% in 2020.
- Its Tax Rate has fluctuated over the past 5 years, first plummeted by 5,266bps in 2018, then skyrocketed by 7,328bps in 2020.
- Over the past 5 years, Midland States Bancorp's Tax Rate (Quarterly) stood at 41.82% in 2016, then spiked by 3,254bps to 74.36% in 2017, then slumped by 5,266bps to 21.70% in 2018, then crashed by 130bps to 20.40% in 2019, then soared by 205bps to 22.45% in 2020.
- Its Tax Rate stands at 22.45% for Q4 2020, versus 97.37% for Q3 2020 and 21.41% for Q2 2020.