MOFG Stock Overview
Operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
No risks detected for MOFG from our risk checks.
MidWestOne Financial Group, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$28.88 |
| 52 Week High | US$30.51 |
| 52 Week Low | US$19.19 |
| Beta | 1.01 |
| 11 Month Change | 4.98% |
| 3 Month Change | 41.15% |
| 1 Year Change | 49.41% |
| 33 Year Change | -0.93% |
| 5 Year Change | -5.28% |
| Change since IPO | 584.00% |
Recent News & Updates
Recent updates
MidWestOne Financial Group (NASDAQ:MOFG) Has Announced A Dividend Of $0.2425
Apr 30
MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425
Jan 30MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425
Nov 21MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425
Oct 31MidWestOne Financial Group's (NASDAQ:MOFG) Dividend Will Be $0.2425
Aug 28MidWestOne Financial Group (NASDAQ:MOFG) Is Increasing Its Dividend To $0.2425
Aug 04MidWestOne Financial Group's (NASDAQ:MOFG) Shareholders Will Receive A Bigger Dividend Than Last Year
May 02MidWestOne Financial Group (NASDAQ:MOFG) Is Paying Out A Larger Dividend Than Last Year
Feb 01Industry Analysts Just Made A Captivating Upgrade To Their MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Revenue Forecasts
Nov 03MidWestOne names Charles N. Reeves as new CEO
Oct 19MidWestOne Financial declares $0.2375 dividend
Jul 25MidWestOne Financial Group (NASDAQ:MOFG) Has Announced That It Will Be Increasing Its Dividend To US$0.24
May 26MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Larger Dividend Than Last Year At US$0.24
May 06MidWestOne Financial Group (NASDAQ:MOFG) Has Re-Affirmed Its Dividend Of US$0.23
Oct 28Shareholder Returns
| MOFG | US Banks | US Market | |
|---|---|---|---|
| 7D | 0.3% | 5.1% | 2.6% |
| 1Y | 49.4% | 43.3% | 30.5% |
Return vs Industry: MOFG exceeded the US Banks industry which returned 43.3% over the past year.
Return vs Market: MOFG exceeded the US Market which returned 30.5% over the past year.
Price Volatility
| MOFG volatility | |
|---|---|
| MOFG Average Weekly Movement | 5.9% |
| Banks Industry Average Movement | 4.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: MOFG's share price has been volatile over the past 3 months.
Volatility Over Time: MOFG's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1934 | 732 | Chip Reeves | www.midwestonefinancial.com/corporate-profile/default.aspx |
MidWestOne Financial Group, Inc. operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers. It offers range of deposit products, including noninterest bearing and interest bearing demand deposits, savings, money market, and time deposits accounts. The company also provides commercial, real estate, agricultural, credit card, and consumer loans; and financing arrangements, such as brokered deposits, term debt, subordinated debt, and equity.
MidWestOne Financial Group, Inc. Fundamentals Summary
| MOFG fundamental statistics | |
|---|---|
| Market cap | US$471.15m |
| Earnings (TTM) | US$30.96m |
| Revenue (TTM) | US$173.96m |
14.7x
P/E Ratio0.8x
P/B RatioIs MOFG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MOFG income statement (TTM) | |
|---|---|
| Revenue | US$173.96m |
| Cost of Revenue | US$0 |
| Gross Profit | US$173.96m |
| Other Expenses | US$143.01m |
| Earnings | US$30.96m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.96 |
| Gross Margin | 100.00% |
| Net Profit Margin | 17.79% |
| Debt/Equity Ratio | 101.7% |
How did MOFG perform over the long term?
See historical performance and comparison