← Midland States Bancorp, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | $31.5m |
$15.9m
-49.67%
|
$39.0m
+145.77%
|
$55.3m
+41.63%
|
$22.3m
-59.69%
|
$80.5m
+261.31%
|
$94.8m
+17.71%
|
$65.6m
-30.72%
|
$28.6m
-56.36%
|
($133.7m)
-566.79%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $31.5m | $16.1m | $39.4m | $55.8m | $22.5m | $81.3m | $99.0m | $75.5m | $38.0m | ($124.3m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($9k) | — | — | — | — | — | — | — | — | — | — | |
| Amortization of Intangible Assets | $2.1m | $3.3m | $7.0m | $7.1m | $6.5m | $5.9m | $5.4m | $4.8m | $4.0m | $3.2m | — | |
| Depreciation | $5.1m | $5.0m | $6.2m | $6.6m | $6.9m | $5.5m | $4.8m | $4.8m | $5.0m | $4.9m | $6.5m | |
| Deferred Income Tax Expense (Benefit) | $14.5m | $12.0m | $10.5m | $12.6m | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | ($1.6m) | ($1.5m) | — | ($3.6m) | ($10.4m) | $0 | $0 | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | — | — | — | — | — | — | — | — | $154.0m | $684k | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | $0 | — | — | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | $2.4m | — | — | — | $7.9m | $684k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded | ($198.7m) | ($259.1m) | ($76.3m) | ($200.2m) | ($266.5m) | ($469.8m) | ($221k) | ($412.8m) | ($605.2m) | ($622.9m) | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | ($505k) | ($1.1m) | ($431k) | $1.4m | ($7.2m) | $4.1m | $18.8m | $21.1m | $119.3m | $60.5m | — | |
| Increase (Decrease) in Other Operating Assets | ($6.4m) | ($5.3m) | $5.7m | $8.5m | $32.0m | $32.0m | $9.4m | $18.7m | $16.8m | ($24.5m) | — | |
| Increase (Decrease) in Other Operating Liabilities | ($175k) | ($2.8m) | $3.8m | $3.7m | $4.8m | $24.6m | ($13.6m) | $27.7m | $18.0m | ($40.1m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $25.5m |
$70.5m
+175.83%
|
$97.1m
+37.76%
|
$119.4m
+23.02%
|
$499.1m
+318.03%
|
$334.4m
-33.00%
|
$236.8m
-29.21%
|
$154.6m
-34.68%
|
$176.5m
+14.17%
|
$125.7m
-28.81%
|
$119.4m
-5.02%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $2.1m | $6.2m | $7.2m | $5.5m | $2.6m | $2.7m | $3.5m | $8.7m | $6.9m | $5.3m | ($3.0m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $74.9m | $247.9m | $131.2m | $239.8m | $214.0m | $208.4m | $85.1m | $74.5m | $233.6m | $249.0m | — | |
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded | — | — | — | — | — | ($145k) | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $2.7m | ($60.3m) | $0 | $0 | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($360.4m) | ($234.6m) | ($6.7m) | $54.5m | ($1.3b) | ($478.5m) | ($1.1b) | ($76.1m) | $136.7m | $748.9m | $437.2m | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Gain (Loss) | ($14.7m) | ($222k) | $464k | $674k | $1.7m | $537k | ($230k) | ($9.4m) | ($230k) | $14k | — | |
| Payments for Repurchase of Common Stock | — | — | — | $4.0m | $39.6m | $11.7m | $1.1m | $17.9m | $5.5m | $9.7m | — | |
| Payments of Ordinary Dividends, Common Stock | $9.9m | $14.0m | $20.0m | $23.6m | $25.0m | $25.2m | $25.9m | $26.6m | $27.1m | $27.7m | ($36.7m) | |
| Proceeds from Issuance of Common Stock | $71.5m | $3.2m | $2.3m | $5.8m | $2.5m | $2.2m | $2.2m | $1.7m | $1.3m | $643k | — | |
| Net Cash Provided by (Used in) Financing Activities | $313.0m |
$188.6m
-39.74%
|
($91.9m)
-148.72%
|
$6.9m
+107.55%
|
$760.4m
+10857.07%
|
$482.8m
-36.51%
|
$332.1m
-31.22%
|
($104.1m)
-131.36%
|
($333.5m)
-220.33%
|
($861.5m)
-158.29%
|
($434.4m)
+49.58%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($21.8m) | $24.5m | ($1.5m) | $180.8m | ($52.9m) | $338.7m | ($530.0m) | ($25.6m) | ($20.3m) | $13.0m | $298.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $215.2m | $213.7m | $394.5m | $341.6m | $680.4m | $150.3m | $135.1m | $114.8m | $127.8m | $298.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | — | — | — | — | $44.4m | $3.4m | $20.1m | $21.1m | $120.3m | $59.8m | $43.5m | |
| Bank Owned Life Insurance Income | — | — | $709k | — | $3.6m | $4.5m | $3.6m | $4.4m | $7.7m | $8.6m | — | |
| Gain (Loss) on Sales of Loans, Net | ($35.1m) | $24.3m | $11.2m | $15.1m | $14.1m | $5.0m | $844k | $2.4m | $2.3m | $2.6m | — | |
| Proceeds from Stock Options Exercised | — | — | — | — | — | — | $2.1m | $783k | $692k | $0 | — | |
| Parent Company | $9.9m | $14.0m | $20.0m | $23.6m | $25.0m | $25.2m | $25.9m | $26.6m | $27.1m | $27.7m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $22.0m | $41.0m | $58.2m | $47.7m | $31.7m | $55.1m | $159.1m | $189.6m | $156.6m | — | |
| Income Taxes Paid, Net | $1.1m | $653k | $580k | $479k | $3.0m | $7.8m | $36.5m | $25.1m | $22.5m | $1.6m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | $351k | ($16k) | $2.0m | $1.1m | $1.4m | $2.2m | $17.5m | $0 | $0 | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | ($222k) | ($464k) | $93k | $577k | $361k | $230k | — | $230k | ($14k) | — | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | ($724k) | $258k | ($382k) | $179k | ($215k) | ($425k) | $163k | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | — | ($385k) | ($32k) | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Financing Receivable | — | — | — | — | — | — | — | — | — | ($23.1m) | — | |
| Goodwill | $48.8m | $98.6m | $164.7m | $171.8m | $161.9m | $161.9m | $161.9m | $161.9m | $161.9m | $7.9m | $684k | |
| Income Tax Expense (Benefit) | $18.9m | $10.4m | $11.4m | $16.7m | $9.5m | $17.8m | $30.8m | $32.1m | $8.9m | $9.4m | — | |
| Operating Lease, Expense | — | — | — | $2.7m | $2.3m | $1.4m | $1.5m | $1.4m | $1.4m | $1.5m | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $43.1m | $4.0m | — | — | — | — | — | |
| Stock or Unit Option Plan Expense | $492k | $548k | $334k | $2.4m | $2.2m | $1.9m | $2.2m | $2.5m | $3.0m | $2.9m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.