Investor Presentaiton
Efficiency
Scale
Strategic Initiatives Strengthening Franchise
Significant Corporate Actions Since Coming Public in 2016...
Action
Three whole bank acquisitions
Four Wealth Management acquisitions
Expanded equipment finance group
Strategic Rationale
Low-cost deposits
"
Recurring revenue
Diversify revenue with
attractive risk-adjusted yields
Action
Branch network and facility reductions
Accelerate technology investments
Strategic Rationale
Increasing adoption of digital
Harness data to drive
efficiencies for increased
wallet share
10
Notes:
(1)
Represents a non-GAAP financial measure. See "Non-GAAP Reconciliation" in the appendix.
Financial Impact
2016
2023
Total Assets
$3.2B
$7.9B
AUA
$1.7B
$3.7B
Equipment Finance
$191M
$1.0B
Financial Impact
Efficiency Ratio (1)
2016
68.66%
2023
55.91%
Deposits/Branch
$53M
$119M
Midland ◉
States Bancorp, Inc.View entire presentation