Filing Flows › Midland States Bancorp (MSBI) › Q3 2026 › vs Q3 2025
Midland States Bancorp (MSBI) Q3 2026 vs Q3 2025 (year over year)
Midland States Bancorp's revenue rose $4.8M (+6%) from $81.1M in Q3 2025 to $86.0M in Q3 2026. The biggest changes: Noninterest income +$3.2M (+16%); Net interest income +$1.6M (+3%). Operating margin 34.2% against 13.9% (+20.2 pts).
Midland States Bancorp, Q3 2026: revenue $86.0M (+6% year over year), operating margin 34.2%, net earnings $22.8M, operating cash flow $38.4M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 34.2% | 13.9% | +20.2 pts |
| Net margin | 26.5% | 9.3% | +17.2 pts |
| Free cash flow margin | 44.0% | 96.9% | -52.9 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Net interest income | $62.7M | $61.1M | $1.6M | +3% |
| Noninterest income | $23.2M | $20.0M | $3.2M | +16% |
| Revenue | $86.0M | $81.1M | $4.8M | +6% |
| Operating profit | $29.4M | $11.3M | $18.1M | +160% |
| Costs & expenses | $56.6M | $69.8M | −$13.2M | -19% |
| Pre-tax earnings | $29.4M | $11.3M | $18.1M | +160% |
| Credit loss provision | $3.7M | $20.0M | −$16.3M | -81% |
| Noninterest expense | $52.8M | $49.8M | $3.0M | +6% |
| Net earnings | $22.8M | $7.6M | $15.3M | +202% |
| Income tax | $6.6M | $3.8M | $2.8M | +75% |
| Depreciation & amortization | $1.9M | $2.0M | −$95K | -5% |
| Working capital & other | $13.7M | $70.5M | −$56.8M | -81% |
| Operating cash flow | $38.4M | $80.0M | −$41.6M | -52% |
| Free cash flow (OCF − capex) | $37.9M | $78.6M | −$40.8M | -52% |
| Capital expenditures | $513K | $1.4M | −$860K | -63% |
Questions
How much did Midland States Bancorp's revenue grow year over year in Q3 2026?
Midland States Bancorp's revenue rose $4.8M (+6%) from $81.1M in Q3 2025 to $86.0M in Q3 2026.
What drove Midland States Bancorp's revenue change in Q3 2026?
Noninterest income +$3.2M (+16%); Net interest income +$1.6M (+3%).