MSBI (Midland States Bancorp) Debt-to-Equity : 0.62 (As of Sep. 2024)

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What is Midland States Bancorp Debt-to-Equity?

Midland States Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $150.0 Mil. Midland States Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $357.7 Mil. Midland States Bancorp's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $818.3 Mil. Midland States Bancorp's debt to equity for the quarter that ended in Sep. 2024 was 0.62.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Midland States Bancorp's Debt-to-Equity or its related term are showing as below:

MSBI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.91 Max: 1.55
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of Midland States Bancorp was 1.55. The lowest was 0.37. And the median was 0.91.

MSBI's Debt-to-Equity is ranked better than
51.07% of 1449 companies
in the Banks industry
Industry Median: 0.63 vs MSBI: 0.62

Midland States Bancorp Debt-to-Equity Historical Data

The historical data trend for Midland States Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Midland States Bancorp Debt-to-Equity Chart

Midland States Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.04

1.55

0.68

0.79

0.76

Midland States Bancorp Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.83	0.76	0.44	0.88	0.62

Competitive Comparison of Midland States Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Midland States Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Midland States Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Midland States Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Midland States Bancorp's Debt-to-Equity falls into.

Midland States Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Midland States Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(184.865	+	419.546)	/	791.853
	=	0.76

Midland States Bancorp's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(150	+	357.744)	/	818.259
	=	0.62

Midland States Bancorp (NAS:MSBI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Midland States Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Midland States Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Midland States Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Midland States Bancorp Inc (NAS:MSBI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

6HU:Germany

Address

1201 Network Centre Drive, Effingham, IL, USA, 62401

Website

https://www.midlandsb.com

Midland States Bancorp Inc is a diversified financial holding company. The company provides a full range of commercial and consumer banking products and services, business equipment financing, merchant credit card services, trust and investment management, and insurance and financial planning services. The Banking segment which generates the majority of the revenue, provides a wide range of financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage and other consumer loan products; commercial equipment financing etc. The Wealth Management segment consists of trust and fiduciary services, brokerage and retirement planning services. The Other segment includes the operating results of the parent company.

Executives

Donald J. Spring	officer: Chief Accounting Officer	1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Robert F. Schultz	director	MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Jeffrey G. Ludwig	officer: EVP & CFO	MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Jeffrey M Mcdonnell	director	1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Douglas J. Tucker	officer: SVP Corporate Counsel	MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Richard Dean Bingham	director	1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Jeffrey S. Mefford	officer: EVP-Banking, Midland States Bank	MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Jeffrey C. Smith	director	MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Eric Lemke	officer: Chief Financial Officer	1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Jerry L. Mcdaniel	director	1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Sherina M. Edwards	director	1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401
Jeffrey A. Brunoehler	officer: SVP Credit - CCO, Midland States Bank	MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
John M Schultz	director	MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Leon J Holschbach	director, officer: CEO	C/O MIDLAND STATES BANCORP, INC., 133 WEST JEFFERSON AVENUE, EFFINGHAM IL 62401
Stephen A. Erickson	officer: Chief Financial Officer	1201 NETWORK CENTRE DRIVE, EFFINGHAM IL 62401