MSBI · Financials · Bank · FY2025 filings ·
Scored by the financial-sector model
Form 4 reports mix P/S market or private transactions with compensation-plan mechanics. Activity casually described as “insider selling” can include compensation mechanics; awards, tax withholding, and option exercises are shown by their exact filed class here, never collapsed into “Bought” or “Sold.”
These are disclosed filing facts and arithmetic aggregates, not a signal or verdict.
This machine-readable surface covers SEC ownership filings from 2003; it does not represent earlier paper-era records.
Records still being gathered — partial as of retrieval Sep 18, 2026.
Among the rows shown, A/F/M acquisition, payment or withholding, and exercise or conversion rows outnumber S sale rows (6 versus 3). The filing codes alone do not establish that every such row arose from a compensation plan.
Trailing-12-month totals and the 90-day cluster result are withheld because this issuer walk is incomplete.
| Insider | Shares owned after | Date | Filing detail | ||||
|---|---|---|---|---|---|---|---|
| Mooney Kyle OwenRole not disclosed | Exercise or conversion of derivative security (M)Table I · Acquired · Common Stock · 1 paired event | 2,400 | $28.43 | $68,232 | 16,010 | Sep 8, 2026 | 1 filed lot
|
| Mooney Kyle OwenRole not disclosed | Open-market or private sale (S)Table I · Disposed · Common Stock | 2,400 | $33.33 | $79,992 | 13,610 | Sep 8, 2026 | 1 filed lot
|
| Mooney Kyle OwenRole not disclosed | Exercise or conversion of derivative security (M)Table II · Disposed · Option (right to buy) · 1 paired event | 2,400 | —Exercise or conversion of derivative security (M) | — | 3,278 | Sep 8, 2026 | 1 filed lot
|
| Mooney Kyle OwenRole not disclosed | Open-market or private sale (S)Table I · Disposed · Common Stock | 489 | $33.16 | $16,215 | 13,610 | Aug 18, 2026 | 1 filed lot
|
| Mooney Kyle OwenRole not disclosed | Exercise or conversion of derivative security (M)Table I · Acquired · Common Stock · 1 paired event | 1,198 | $28.59 | $34,251 | 15,297 | Aug 11, 2026 | 1 filed lot
|
| Mooney Kyle OwenRole not disclosed | Open-market or private sale (S)Table I · Disposed · Common Stock | 1,198 | $33.51 | $40,145 | 14,099 | Aug 11, 2026 | 1 filed lot
|
| Mooney Kyle OwenRole not disclosed | Exercise or conversion of derivative security (M)Table II · Disposed · Option (right to buy) · 1 paired event | 1,198 | —Exercise or conversion of derivative security (M) | — | 0 | Aug 11, 2026 | 1 filed lot
|
| Mooney Kyle OwenRole not disclosed | Payment of exercise price or tax liability (F)Table I · Disposed · Common Stock | 50 | $34.24 | $1,712 | 14,099 | Aug 5, 2026 | 1 filed lot
|
| Mooney Kyle OwenRole not disclosed | Payment of exercise price or tax liability (F)Table I · Disposed · Common Stock | 58 | $34.53 | $2,003 | 14,149 | Aug 4, 2026 | 1 filed lot
|
Source-event as of . Retrieved .
Flagship explainer
Start with net interest income, then follow the filed path to net income.
| Filed line | Value | % of net interest income | Source |
|---|---|---|---|
| $237M | 100% |
| |
| Income before tax | −$115M | −49% |
|
| Income tax | $9.4M | 4% |
|
| −$124M | −52% |
|
Flagship explainer
MIDLAND STATES BANCORP, INC.'s filing tags don't support a full breakdown — here's what is filed:
| Filed line | Value | % of assets | Source |
|---|---|---|---|
| Total assets | $6.5B | 100% |
|
| Cash and equivalents | $128M | 2% |
|
| Property, plant and equipment | $85.1M | 1% |
|
| Goodwill | $7.9M | 0% |
|
| Deferred tax assets | $56.8M | 1% |
|
| Operating lease right-of-use assets | $8.1M | 0% |
|
| Total liabilities | $5.9B | 91% |
|
| $60.2M | 1% |
| |
| Stockholders’ equity | $565M | 9% |
|
Flagship explainer
One or more filed inputs needed for the five-factor decomposition are unavailable.
| Input | Value | Fiscal year | Source |
|---|---|---|---|
| Net income | −$124M | FY2025 |
|
| Income before tax | −$115M | FY2025 |
|
| Operating income | Unavailable | FY2025 |
|
| Revenue | Unavailable | FY2025 |
|
| Ending assets | $6.5B | FY2025 |
|
| Beginning assets | $7.5B | FY2024 |
|
| Ending equity | $565M | FY2025 |
|
| Beginning equity | $711M | FY2024 |
|
Flagship explainer
MIDLAND STATES BANCORP, INC.’s filing does not supply enough provenance-matched cash-flow lines for a truthful flow chart — here’s what is filed:
| Filed line | Value | % of cash from operations | Source |
|---|---|---|---|
| Cash from operations | $126M | 100% |
|
| Depreciation and amortization | $8.1M | 6% |
|
| Cash from investing | $749M | 596% |
|
| Cash from financing | −$862M | −686% |
|
| Net change in cash | $13M | 10% |
|
Curated 19-manager tier
Delayed public 13F reports for 2026-Q2—not live positions, trades, or recommendations.
0 holding0 exited0 not holding0/19 resolved19 not retrieved
| Manager | Reported position | Quarter-over-quarter | Filing accession |
|---|---|---|---|
| Abrams Capital | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Akre Capital | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Baupost Group | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Berkshire Hathaway | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Brave Warrior Advisors | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Dodge & Cox | Not retrieved | Comparison not retrieved | Filing not retrieved |
| First Eagle | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Fundsmith | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Gardner Russo & Quinn | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Gates Foundation Trust | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Mairs & Power | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Markel / Markel-Gayner | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Oakmark / Harris Associates | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Pershing Square | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Polen Capital | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Sequoia / Ruane Cunniff | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Southeastern Asset Management | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Tweedy, Browne | Not retrieved | Comparison not retrieved | Filing not retrieved |
| Yacktman Asset Management | Not retrieved | Comparison not retrieved | Filing not retrieved |
Position size uses shares and filed value from each manager’s 13F. Portfolio weight uses the eligible long-share filing denominator. Changes compare only with the immediately preceding calendar quarter.
Flagship explainer
Records still being gathered — partial as of retrieval Sep 18, 2026.
Partial coverage: the incomplete Form 4 walk cannot establish no activity, an activity date, or zero counts.
Median ROE 7.5% on average equity, above the 10% hurdle in 22% of 9 years.
Q3 scored 3 evidenced ratios equally; reserve score is unadjusted for Q4 and capped at 70.
Profitable in 90% of 10 years, ROE volatile.
Net interest income is 3.24% of average assets, very steady over 9 years through FY2025.
Not scored for this company
Scored 4 of 5 applicable components (bank model); weights renormalized over the scored set.
The 15-year revenue, margin, and ROIC series is built for the operating model’s lens and isn’t published for banks and insurers — a balance-sheet business is read through the components above, not through operating-company margins.
| Reading | ||
|---|---|---|
| Aug 3, 2026 | 52 | |
| Jul 26, 2026 | 51 | |
| Jul 26, 2026 | 51 | |
Append-only — readings are added, never rewritten. Only readings on the same methodology version (moat-index-financials@1.0.0) are comparable; a change across versions is a scoring change, not a company event.