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MidWestOne Financial Group NasdaqGS:MOFG Stock Report

Last Price

US$20.99

Market Cap

US$330.6m

7D

6.4%

1Y

2.7%

Updated

25 Apr, 2024

Data

Company Financials +

MidWestOne Financial Group, Inc.

NasdaqGS:MOFG Stock Report

Market Cap: US$330.6m

MOFG Stock Overview

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.

MOFG fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends5/6

MidWestOne Financial Group, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MidWestOne Financial Group
Historical stock prices
Current Share PriceUS$20.99
52 Week HighUS$27.78
52 Week LowUS$17.80
Beta0.94
1 Month Change-5.37%
3 Month Change-20.16%
1 Year Change2.69%
3 Year Change-33.09%
5 Year Change-25.94%
Change since IPO397.13%

Recent News & Updates

Recent updates

MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

Jan 30
MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

Nov 21
MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

Oct 31
MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

MidWestOne Financial Group's (NASDAQ:MOFG) Dividend Will Be $0.2425

Aug 28
MidWestOne Financial Group's (NASDAQ:MOFG) Dividend Will Be $0.2425

MidWestOne Financial Group (NASDAQ:MOFG) Is Increasing Its Dividend To $0.2425

Aug 04
MidWestOne Financial Group (NASDAQ:MOFG) Is Increasing Its Dividend To $0.2425

MidWestOne Financial Group's (NASDAQ:MOFG) Shareholders Will Receive A Bigger Dividend Than Last Year

May 02
MidWestOne Financial Group's (NASDAQ:MOFG) Shareholders Will Receive A Bigger Dividend Than Last Year

MidWestOne Financial Group (NASDAQ:MOFG) Is Paying Out A Larger Dividend Than Last Year

Feb 01
MidWestOne Financial Group (NASDAQ:MOFG) Is Paying Out A Larger Dividend Than Last Year

Industry Analysts Just Made A Captivating Upgrade To Their MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Revenue Forecasts

Nov 03
Industry Analysts Just Made A Captivating Upgrade To Their MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Revenue Forecasts

MidWestOne names Charles N. Reeves as new CEO

Oct 19

MidWestOne Financial declares $0.2375 dividend

Jul 25

MidWestOne Financial Group (NASDAQ:MOFG) Has Announced That It Will Be Increasing Its Dividend To US$0.24

May 26
MidWestOne Financial Group (NASDAQ:MOFG) Has Announced That It Will Be Increasing Its Dividend To US$0.24

MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Larger Dividend Than Last Year At US$0.24

May 06
MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Larger Dividend Than Last Year At US$0.24

MidWestOne Financial Group (NASDAQ:MOFG) Has Re-Affirmed Its Dividend Of US$0.23

Oct 28
MidWestOne Financial Group (NASDAQ:MOFG) Has Re-Affirmed Its Dividend Of US$0.23

MidWestOne Financial Group (NASDAQ:MOFG) Has Affirmed Its Dividend Of US$0.23

Jul 26
MidWestOne Financial Group (NASDAQ:MOFG) Has Affirmed Its Dividend Of US$0.23

MidWestOne Financial goes ex-dividend tomorrow

May 27

Shareholders May Be A Little Conservative With MidWestOne Financial Group, Inc.'s (NASDAQ:MOFG) CEO Compensation For Now

Apr 24
Shareholders May Be A Little Conservative With MidWestOne Financial Group, Inc.'s (NASDAQ:MOFG) CEO Compensation For Now

Shareholder Returns

MOFGUS BanksUS Market
7D6.4%5.3%1.0%
1Y2.7%31.6%21.9%

Return vs Industry: MOFG underperformed the US Banks industry which returned 34.4% over the past year.

Return vs Market: MOFG underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is MOFG's price volatile compared to industry and market?
MOFG volatility
MOFG Average Weekly Movement5.7%
Banks Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

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

FoundedEmployeesCEOWebsite
1934732Chip Reeveswww.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

How do MidWestOne Financial Group's earnings and revenue compare to its market cap?
MOFG fundamental statistics
Market capUS$330.60m
Earnings (TTM)US$20.86m
Revenue (TTM)US$156.75m

15.8x

P/E Ratio

0.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MOFG income statement (TTM)
RevenueUS$156.75m
Cost of RevenueUS$0
Gross ProfitUS$156.75m
Other ExpensesUS$135.89m
EarningsUS$20.86m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 26, 2024

Earnings per share (EPS)1.32
Gross Margin100.00%
Net Profit Margin13.31%
Debt/Equity Ratio85.2%

How did MOFG perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

73%

Payout Ratio
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