Midland States Bancorp annual free cash flow
2014
2015
2016
2017
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2021
2022
2023
2024
2025
Midland States Bancorp Free Cash Flow (FCF) History (MSBI)
Midland States Bancorp reported $120.3M in free cash flow for fiscal 2025, a decrease of 29.07% from the previous fiscal year, with a free cash flow margin of 37.03%.
View full Midland States Bancorp company overviewMidland States Bancorp free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $120.3M | −$49.3M | −29.07% | +37.03% |
| 2024 | 2024-12-31 | $169.6M | $25.0M | +17.30% | +45.23% |
| 2023 | 2023-12-31 | $144.6M | −$137.7M | −48.78% | +39.78% |
| 2022 | 2022-12-31 | $282.3M | −$49.4M | −14.88% | +69.45% |
| 2021 | 2021-12-31 | $331.7M | −$164.8M | −33.20% | +119.51% |
| 2020 | 2020-12-31 | $496.6M | −$36.6M | −6.86% | +190.70% |
| 2019 | 2019-12-31 | $533.1M | $443.2M | +493.06% | +201.10% |
| 2018 | 2018-12-31 | $89.9M | $25.6M | +39.87% | +35.69% |
| 2017 | 2017-12-31 | $64.3M | $42.3M | +192.83% | +34.00% |
| 2016 | 2016-12-31 | $21.9M | −$45.3M | −67.34% | +12.38% |
| 2015 | 2015-12-31 | $67.2M | $48.6M | +261.73% | +40.88% |
| 2014 | 2014-12-31 | $18.6M | — | — | +21.85% |
Midland States Bancorp quarterly free cash flow
Q3.15
Q1.16
Q2.16
Q3.16
Q4.16
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Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
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Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $29.2M | $2.5M | +9.48% | +35.03% |
| Q1 2026 | 2026-03-31 | $16.3M | −$6.5M | −28.47% | +20.55% |
| Q4 2025 | 2025-12-31 | −$7.8M | −$60.6M | — | −9.12% |
| Q3 2025 | 2025-09-30 | $78.6M | $34.2M | +77.05% | +96.89% |
| Q2 2025 | 2025-06-30 | $26.7M | −$3.2M | −10.78% | +32.43% |
| Q1 2025 | 2025-03-31 | $22.9M | −$19.7M | −46.28% | +30.05% |
| Q4 2024 | 2024-12-31 | $52.8M | −$31.6M | −37.44% | +56.21% |
| Q3 2024 | 2024-09-30 | $44.4M | $40.3M | +981.90% | +47.92% |
| Q2 2024 | 2024-06-30 | $29.9M | −$13.0M | −30.32% | +32.89% |
| Q1 2024 | 2024-03-31 | $42.5M | $29.3M | +221.82% | +43.59% |
| Q4 2023 | 2023-12-31 | $84.4M | $6.0M | +7.71% | +60.47% |
| Q3 2023 | 2023-09-30 | $4.1M | −$46.3M | −91.86% | +5.85% |
| Q2 2023 | 2023-06-30 | $42.9M | −$72.0M | −62.66% | +55.28% |
| Q1 2023 | 2023-03-31 | $13.2M | −$25.4M | −65.81% | +17.33% |
| Q4 2022 | 2022-12-31 | $78.4M | $45.9M | +141.27% | +43.95% |
| Q3 2022 | 2022-09-30 | $50.4M | −$33.2M | −39.66% | +63.16% |
| Q2 2022 | 2022-06-30 | $114.9M | $57.0M | +98.59% | +151.27% |
| Q1 2022 | 2022-03-31 | $38.7M | −$119.1M | −75.50% | +53.37% |
| Q4 2021 | 2021-12-31 | $32.5M | −$60.2M | −64.96% | +42.28% |
| Q3 2021 | 2021-09-30 | $83.6M | −$105.1M | −55.69% | +125.62% |
| Q2 2021 | 2021-06-30 | $57.9M | −$103.5M | −64.15% | +85.67% |
| Q1 2021 | 2021-03-31 | $157.8M | $104.0M | +193.10% | +236.64% |
| Q4 2020 | 2020-12-31 | $92.7M | $1.6M | +1.75% | +136.60% |
| Q3 2020 | 2020-09-30 | $188.7M | −$203.0M | −51.84% | +273.81% |
| Q2 2020 | 2020-06-30 | $161.4M | $139.8M | +646.38% | +235.99% |
| Q1 2020 | 2020-03-31 | $53.8M | $25.1M | +87.48% | +97.45% |
| Q4 2019 | 2019-12-31 | $91.1M | $61.3M | +206.04% | +134.55% |
| Q3 2019 | 2019-09-30 | $391.7M | $364.5M | +1340.17% | +567.19% |
| Q2 2019 | 2019-06-30 | $21.6M | $25.2M | — | +32.93% |
| Q1 2019 | 2019-03-31 | $28.7M | −$7.8M | −21.34% | +45.82% |
| Q4 2018 | 2018-12-31 | $29.8M | $22.9M | +332.02% | +42.70% |
| Q3 2018 | 2018-09-30 | $27.2M | $18.5M | +211.04% | +42.93% |
| Q2 2018 | 2018-06-30 | −$3.6M | −$5.9M | — | −5.57% |
| Q1 2018 | 2018-03-31 | $36.5M | −$9.8M | −21.10% | +66.75% |
| Q4 2017 | 2017-12-31 | $6.9M | $13.9M | — | +13.77% |
| Q3 2017 | 2017-09-30 | $8.7M | −$46.7M | −84.24% | +16.76% |
| Q2 2017 | 2017-06-30 | $2.4M | −$19.3M | −89.09% | +5.50% |
| Q1 2017 | 2017-03-31 | $46.3M | $94.7M | — | +105.65% |
| Q4 2016 | 2016-12-31 | −$7.0M | −$60.1M | — | −12.47% |
| Q3 2016 | 2016-09-30 | $55.5M | — | — | +131.48% |
| Q2 2016 | 2016-06-30 | $21.7M | — | — | +51.61% |
| Q1 2016 | 2016-03-31 | −$48.5M | — | — | −132.22% |
| Q3 2015 | 2015-09-30 | $53.1M | — | — | +133.06% |
Midland States Bancorp free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $496.6M to $120.3M, a compound annual decline of 24.68%. Midland States Bancorp's latest reported quarter, Q2 2026, generated $29.2M in free cash flow, an increase of 9.48% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Midland States Bancorp filings at SEC.gov ↗