Midland States Bancorp, Inc. employees and revenue per employee

MSBI · Banks - Regional · $667M market cap

Midland States Bancorp, Inc. had 861 employees at the end of fiscal Dec 2025, down 3.9% from a year earlier. Revenue for the year was $468M, down 14.4% from a year earlier, or $543K per employee. Revenue fell, and headcount fell or held flat with it.

Employees

861

-3.9% YoY

Revenue

$468M

-14.4% YoY

Revenue / employee

$543K

Peer median $558K

Rank in industry

99 of 182

Banks - Regional

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016
85193300'16'17'18'19'20'21'22'23'24'25Revenue 244Staff 120

Hover a year for the numbers.

MSBI employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Dec 2025861$468M$543K-3.9%-14.4%
Dec 2024896$546M$609K-2.0%+7.4%
Dec 2023914$508M$556K-2.2%+16.5%
Dec 2022935$437M$467K+3.1%+39.4%
Dec 2021907$313M$345K+0.3%-0.9%
Dec 2020904$316M$350K-17.8%-3.4%
Dec 20191,100$327M$297K+0.0%+10.9%
Dec 20181,100$295M$268K+31.0%+40.0%
Dec 2017840$211M$251K+17.5%+10.0%
Dec 2016715$191M$268K——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
904'20907'21935'22914'23896'24861'25
Revenue per employee, last six fiscal years
$350K'20$345K'21$467K'22$556K'23$609K'24$543K'25

Midland States Bancorp, Inc. against similar companies

The closest industry peers by revenue, from Banks - Regional.

CompanyEmployeesRevenueRevenue / employeeShape
AMAL
Amalgamated Financial Corp.
450$455M$1.01MHiring ahead
NPB
Northpointe Bancshares, Inc.
483$471M$976KLeaner
HAFC
Hanmi Financial Corporation
610$445M$729KEfficient growth
PGC
Peapack-Gladstone Financial Corporation
682$441M$647KHiring ahead
BFST
Business First Bancshares, Inc.
821$512M$624KLeaner
BHRB
Burke & Herbert Financial Services Corp.
832$491M$590KEfficient growth
MSBI
Midland States Bancorp, Inc.
861$468M$543KContracting
GABC
German American Bancorp, Inc.
984$487M$495KLeaner
FMBH
First Mid Bancshares, Inc.
1,170$466M$398KLeaner
Every Financial Services company

Questions about Midland States Bancorp, Inc.

How many employees does Midland States Bancorp, Inc. have?
Midland States Bancorp, Inc. reported 861 employees for the fiscal year ending Dec 2025, in the annual report it filed on March 2, 2026. That is down 3.9% from a year earlier.
What is Midland States Bancorp, Inc.'s revenue per employee?
Midland States Bancorp, Inc. brought in $468M of revenue in fiscal Dec 2025, which is $543K per employee. That ranks 99 of 182 companies we track in Banks - Regional, where the median is $558K.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare MSBI with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Source: employee counts and revenue as stated in Midland States Bancorp, Inc.'s annual reports (Form 10-K), latest filed March 2, 2026. This is data, not a recommendation to buy or sell MSBI.