Midland States Bancorp Inc (MSBI) - Net Assets
Based on the latest financial reports, Midland States Bancorp Inc (MSBI) has net assets worth $565.50 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.51 Billion) and total liabilities ($5.95 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $565.50 Million |
| % of Total Assets | 8.69% |
| Annual Growth Rate | 13.62% |
| 5-Year Change | -14.81% |
| 10-Year Change | 75.75% |
| Growth Volatility | 19.86 |
Midland States Bancorp Inc - Net Assets Trend (2009–2025)
This chart illustrates how Midland States Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Midland States Bancorp Inc (2009–2025)
The table below shows the annual net assets of Midland States Bancorp Inc from 2009 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $565.50 Million | -20.45% |
| 2024-12-31 | $710.85 Million | -10.23% |
| 2023-12-31 | $791.85 Million | +4.39% |
| 2022-12-31 | $758.57 Million | +14.27% |
| 2021-12-31 | $663.84 Million | +6.83% |
| 2020-12-31 | $621.39 Million | -6.12% |
| 2019-12-31 | $661.91 Million | +8.77% |
| 2018-12-31 | $608.52 Million | +35.36% |
| 2017-12-31 | $449.55 Million | +39.71% |
| 2016-12-31 | $321.77 Million | +38.07% |
| 2015-12-31 | $233.06 Million | +5.97% |
| 2014-12-31 | $219.93 Million | +47.17% |
| 2013-12-31 | $149.44 Million | +14.15% |
| 2012-12-31 | $130.92 Million | +3.12% |
| 2011-12-31 | $126.95 Million | +19.17% |
| 2010-12-31 | $106.53 Million | +45.36% |
| 2009-12-31 | $73.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Midland States Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $565.50 Million | 100.00% |
| Total Equity | $565.50 Million | 100.00% |
Midland States Bancorp Inc Competitors by Market Cap
The table below lists competitors of Midland States Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Swarmer, Inc Common Stock
NASDAQ:SWMR
|
$495.05 Million |
|
Global Dominion Access S.A
MC:DOM
|
$495.16 Million |
|
Earth-Panda Advanced Magnetic Material Co Ltd
SHG:688077
|
$495.18 Million |
|
Shenzhen Crastal Technology Co Ltd
SHE:300824
|
$495.21 Million |
|
JPP Holding Company Limited
TW:5284
|
$495.00 Million |
|
Risuntek Inc
SHE:002981
|
$494.92 Million |
|
Monro Inc
F:MR2
|
$494.86 Million |
|
Raubex
JSE:RBX
|
$494.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Midland States Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 710,847,000 to 565,499,000, a change of -145,348,000 (-20.4%).
- Net loss of 124,281,000 reduced equity.
- Other comprehensive income increased equity by 81,960,000.
- Other factors decreased equity by 103,027,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-124.28 Million | -21.98% |
| Other Comprehensive Income | $81.96 Million | +14.49% |
| Other Changes | $-103.03 Million | -18.22% |
| Total Change | $- | -20.45% |
Book Value vs Market Value Analysis
This analysis compares Midland States Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.94x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.91x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $4.94 | $24.23 | x |
| 2010-12-31 | $7.17 | $24.23 | x |
| 2011-12-31 | $8.25 | $24.23 | x |
| 2012-12-31 | $18.98 | $24.23 | x |
| 2013-12-31 | $10.06 | $24.23 | x |
| 2014-12-31 | $14.78 | $24.23 | x |
| 2015-12-31 | $15.68 | $24.23 | x |
| 2016-12-31 | $22.30 | $24.23 | x |
| 2017-12-31 | $24.59 | $24.23 | x |
| 2018-12-31 | $25.84 | $24.23 | x |
| 2019-12-31 | $27.02 | $24.23 | x |
| 2020-12-31 | $26.62 | $24.23 | x |
| 2021-12-31 | $29.44 | $24.23 | x |
| 2022-12-31 | $33.87 | $24.23 | x |
| 2023-12-31 | $35.79 | $24.23 | x |
| 2024-12-31 | $32.70 | $24.23 | x |
| 2025-12-31 | $25.88 | $24.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Midland States Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -21.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -26.58%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 11.51x
- Recent ROE (-21.98%) is below the historical average (7.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 25.02% | 19.82% | 0.08x | 15.20x | $11.01 Million |
| 2010 | 11.33% | 11.78% | 0.06x | 15.34x | $1.42 Million |
| 2011 | 8.96% | 12.06% | 0.06x | 11.98x | $-1.32 Million |
| 2012 | 6.45% | 11.27% | 0.05x | 12.01x | $-4.65 Million |
| 2013 | 9.71% | 15.71% | 0.05x | 11.64x | $-439.00K |
| 2014 | 4.93% | 12.13% | 0.03x | 12.20x | $-11.13 Million |
| 2015 | 10.44% | 13.95% | 0.06x | 12.39x | $1.04 Million |
| 2016 | 9.80% | 16.48% | 0.06x | 10.05x | $-635.00K |
| 2017 | 3.57% | 7.63% | 0.05x | 9.82x | $-28.90 Million |
| 2018 | 6.48% | 13.38% | 0.05x | 9.26x | $-21.43 Million |
| 2019 | 8.43% | 17.06% | 0.05x | 9.20x | $-10.41 Million |
| 2020 | 3.63% | 7.13% | 0.05x | 11.05x | $-39.60 Million |
| 2021 | 12.25% | 25.96% | 0.04x | 11.21x | $14.93 Million |
| 2022 | 13.21% | 22.96% | 0.06x | 10.36x | $24.38 Million |
| 2023 | 9.53% | 113.32% | 0.01x | 9.93x | $-3.73 Million |
| 2024 | 5.35% | 6.97% | 0.07x | 10.56x | $-33.04 Million |
| 2025 | -21.98% | -26.58% | 0.07x | 11.51x | $-180.83 Million |
Industry Comparison
This section compares Midland States Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $11,062,731,826
- Average return on equity (ROE) among peers: 7.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Midland States Bancorp Inc (MSBI) | $565.50 Million | 25.02% | 10.51x | $495.04 Million |
| Ameris Bancorp (ABCB) | $33.90 Million | 18.88% | 9.07x | $5.66 Billion |
| ACNB Corporation (ACNB) | $51.46 Million | 12.55% | 7.93x | $483.21 Million |
| Addiko Bank AG (ADBKF) | $8.03 Billion | -1.21% | 0.00x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $121.52 Million | 5.31% | 5.94x | $135.98 Million |
| Absa Group Limited (AGRPF) | $56.49 Billion | 12.11% | 11.71x | $6.72 Billion |
| AIB Group plc (AIBGY) | $11.34 Billion | -21.29% | 14.38x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $31.62 Billion | 12.93% | 7.37x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $2.35 Billion | 17.54% | 13.16x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $588.14 Million | 11.94% | 10.65x | $248.47 Million |
About Midland States Bancorp Inc
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 the Banking and Wealth Management segments. The company offers commercial loans; commercial real estate loans that include a variety of property types, such as owner-occu… Read more