vs

Side-by-side financial comparison of Information Services Group Inc. (III) and Midland States Bancorp, Inc. (MSBI). Click either name above to swap in a different company.

Midland States Bancorp, Inc. is the larger business by last-quarter revenue ($79.5M vs $61.2M, roughly 1.3× Information Services Group Inc.). Midland States Bancorp, Inc. runs the higher net margin — 23.2% vs 4.3%, a 18.9% gap on every dollar of revenue. Over the past eight quarters, Information Services Group Inc.'s revenue compounded faster (-2.4% CAGR vs -6.4%).

EBSCO Information Services, headquartered in Ipswich, Massachusetts, is a division of EBSCO Industries Inc., a private company headquartered in Birmingham, Alabama. EBSCO provides products and services to libraries of many types around the world. Its products include EBSCONET, a complete e-resource management system, and EBSCOhost, which supplies a fee-based online research service with 375 full-text databases, a collection of 600,000-plus ebooks, subject indexes, point-of-care medical refere...

Rainier Bancorporation was the Seattle-based parent corporation of Rainier National Bank, a Washington state bank with branches throughout the state. Rainier traced its roots back to the National Bank of Commerce, which was founded by Richard Holyoke in 1889. The name Rainier National Bank was adopted in 1974. Rainier Bancorp expanded into Alaska with the purchase of Anchorage's People's Bank & Trust in 1983 and into Oregon with the purchase of Gresham's Mount Hood Security Bank in 1986, expa...

III vs MSBI — Head-to-Head

Bigger by revenue
MSBI
MSBI
1.3× larger
MSBI
$79.5M
$61.2M
III
Higher net margin
MSBI
MSBI
18.9% more per $
MSBI
23.2%
4.3%
III
Faster 2-yr revenue CAGR
III
III
Annualised
III
-2.4%
-6.4%
MSBI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
III
III
MSBI
MSBI
Revenue
$61.2M
$79.5M
Net Profit
$2.6M
$18.5M
Gross Margin
44.8%
Operating Margin
8.4%
Net Margin
4.3%
23.2%
Revenue YoY
5.9%
Net Profit YoY
-14.1%
739.3%
EPS (diluted)
$0.06
$0.74

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
III
III
MSBI
MSBI
Q1 26
$79.5M
Q4 25
$61.2M
$85.6M
Q3 25
$62.4M
$81.1M
Q2 25
$61.6M
$82.2M
Q1 25
$59.6M
$76.1M
Q4 24
$57.8M
$93.9M
Q3 24
$61.3M
$92.7M
Q2 24
$64.3M
$90.9M
Net Profit
III
III
MSBI
MSBI
Q1 26
$18.5M
Q4 25
$2.6M
$-2.9M
Q3 25
$3.1M
$7.6M
Q2 25
$2.2M
$12.0M
Q1 25
$1.5M
$-141.0M
Q4 24
$3.0M
$-30.8M
Q3 24
$1.1M
$20.4M
Q2 24
$2.0M
$25.7M
Gross Margin
III
III
MSBI
MSBI
Q1 26
Q4 25
44.8%
Q3 25
42.2%
Q2 25
42.2%
Q1 25
43.1%
Q4 24
41.5%
Q3 24
40.4%
Q2 24
39.5%
Operating Margin
III
III
MSBI
MSBI
Q1 26
Q4 25
8.4%
-5.5%
Q3 25
7.4%
13.9%
Q2 25
7.6%
18.1%
Q1 25
5.7%
-181.2%
Q4 24
0.3%
-66.5%
Q3 24
7.0%
26.9%
Q2 24
5.7%
35.0%
Net Margin
III
III
MSBI
MSBI
Q1 26
23.2%
Q4 25
4.3%
-4.9%
Q3 25
4.9%
9.3%
Q2 25
3.5%
14.6%
Q1 25
2.5%
-185.4%
Q4 24
5.3%
-52.5%
Q3 24
1.9%
22.1%
Q2 24
3.2%
28.3%
EPS (diluted)
III
III
MSBI
MSBI
Q1 26
$0.74
Q4 25
$0.06
$-0.22
Q3 25
$0.06
$0.24
Q2 25
$0.04
$0.44
Q1 25
$0.03
$-6.58
Q4 24
$0.07
$-1.49
Q3 24
$0.02
$0.83
Q2 24
$0.04
$1.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
III
III
MSBI
MSBI
Cash + ST InvestmentsLiquidity on hand
$28.7M
$89.4M
Total DebtLower is stronger
$33.2M
Stockholders' EquityBook value
$94.7M
$569.5M
Total Assets
$211.0M
$6.5B
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
III
III
MSBI
MSBI
Q1 26
$89.4M
Q4 25
$28.7M
$127.8M
Q3 25
$28.7M
$166.1M
Q2 25
$25.2M
$176.6M
Q1 25
$20.1M
$102.0M
Q4 24
$23.1M
$114.8M
Q3 24
$9.7M
$121.9M
Q2 24
$11.8M
$124.6M
Total Debt
III
III
MSBI
MSBI
Q1 26
$33.2M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
III
III
MSBI
MSBI
Q1 26
$569.5M
Q4 25
$94.7M
$565.5M
Q3 25
$94.7M
$584.0M
Q2 25
$94.1M
$573.7M
Q1 25
$95.0M
$571.4M
Q4 24
$96.3M
$710.8M
Q3 24
$96.6M
$771.2M
Q2 24
$95.5M
$736.8M
Total Assets
III
III
MSBI
MSBI
Q1 26
$6.5B
Q4 25
$211.0M
$6.5B
Q3 25
$213.3M
$6.9B
Q2 25
$200.7M
$7.1B
Q1 25
$202.4M
$7.3B
Q4 24
$204.5M
$7.5B
Q3 24
$227.1M
$7.7B
Q2 24
$235.3M
$7.7B
Debt / Equity
III
III
MSBI
MSBI
Q1 26
0.06×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
III
III
MSBI
MSBI
Operating Cash FlowLast quarter
$5.1M
Free Cash FlowOCF − Capex
$4.3M
FCF MarginFCF / Revenue
7.0%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
1.94×
TTM Free Cash FlowTrailing 4 quarters
$25.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
III
III
MSBI
MSBI
Q1 26
Q4 25
$5.1M
$125.7M
Q3 25
$11.1M
$80.0M
Q2 25
$11.9M
$28.1M
Q1 25
$978.0K
$24.7M
Q4 24
$6.6M
$176.5M
Q3 24
$8.8M
$46.5M
Q2 24
$2.2M
$31.4M
Free Cash Flow
III
III
MSBI
MSBI
Q1 26
Q4 25
$4.3M
$120.3M
Q3 25
$9.5M
$78.6M
Q2 25
$11.1M
$26.7M
Q1 25
$141.0K
$22.9M
Q4 24
$6.0M
$169.6M
Q3 24
$8.4M
$44.4M
Q2 24
$1.3M
$29.9M
FCF Margin
III
III
MSBI
MSBI
Q1 26
Q4 25
7.0%
140.6%
Q3 25
15.2%
96.9%
Q2 25
18.0%
32.4%
Q1 25
0.2%
30.1%
Q4 24
10.4%
180.6%
Q3 24
13.7%
47.9%
Q2 24
2.0%
32.9%
Capex Intensity
III
III
MSBI
MSBI
Q1 26
Q4 25
1.2%
6.2%
Q3 25
2.5%
1.7%
Q2 25
1.4%
1.7%
Q1 25
1.4%
2.4%
Q4 24
0.9%
7.3%
Q3 24
0.6%
2.3%
Q2 24
1.4%
1.7%
Cash Conversion
III
III
MSBI
MSBI
Q1 26
Q4 25
1.94×
Q3 25
3.62×
10.58×
Q2 25
5.46×
2.33×
Q1 25
0.66×
Q4 24
2.15×
Q3 24
7.66×
2.28×
Q2 24
1.07×
1.22×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

III
III

Segment breakdown not available.

MSBI
MSBI

Net Interest Income$57.4M72%
Noninterest Income$22.1M28%

Related Comparisons