Name | Value |
---|---|
Revenues | 19.3M |
Cost of Revenue | 0.0M |
Gross Profit | 19.3M |
Operating Expense | 3.2M |
Operating I/L | 22.6M |
Other Income/Expense | 0.0M |
Interest Income | 104.8M |
Pretax | 22.6M |
Income Tax Expense | 4.1M |
Net Income/Loss | 18.5M |
Midland States Bancorp, Inc. is a financial holding company operating through Banking, Wealth Management, and Other segments. The company offers various banking products and services, including deposits, loans for capital equipment, working capital, commercial and residential real estate, consumer installment loans, commercial equipment leasing, and trust and wealth management products. It generates revenue through interest income from loans and leases, fees from wealth management services, and interest earned on deposits. With 52 full-service banking offices, the company serves individuals, businesses, municipalities, and other entities, providing a wide range of financial solutions to meet their diverse needs.