Midland States Bancorp, Inc.

NasdaqGS MSBI

Midland States Bancorp, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: 0.65

Midland States Bancorp, Inc. Debt to Equity Ratio is 0.65 for the Trailing 12 Months (TTM) ending September 30, 2024, a -18.55% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Midland States Bancorp, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 0.79, a 15.64% change year over year.
  • Midland States Bancorp, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was 0.69, a -38.28% change year over year.
  • Midland States Bancorp, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 1.11, a -11.87% change year over year.
  • Midland States Bancorp, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was 1.26, a 7.63% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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NasdaqGS: MSBI

Midland States Bancorp, Inc.

CEO Mr. Jeffrey G. Ludwig CPA
IPO Date May 24, 2016
Location United States
Headquarters 1201 Network Centre Drive
Employees 907
Sector Finance
Industries
Description

Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company accepts various deposits, such as checking, savings, money market, and sweep accounts, as well as certificates of deposits. It also offers term loans to purchase capital equipment; lines of credit for working capital and operational purposes; commercial real estate loans for owner occupied and non-owner occupied commercial property, as well as farmland loans; construction and land development loans developers of commercial real estate investment properties, residential developments, individual clients for construction of single family homes, as well as to construct owner-user properties; and residential real estate loans and home equity lines of credit.. In addition, the company provides consumer installment loans for the purchase of cars, boats, and other recreational vehicles, as well as for the purchase of major appliances and other home improvement projects; commercial equipment leasing; and trust and wealth management products and services, including financial and estate planning, trustee and custodial services, investment management, tax and insurance planning, business planning, corporate retirement plan consulting and administration, and retail brokerage services. As of December 31, 2021, it operated 52 full-service banking offices. The company was founded in 1881 and is headquartered in Effingham, Illinois.

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StockViz Staff

January 15, 2025

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