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MOFG

MidWestOne Financial Group NasdaqGS:MOFG Stock Report

Last Price

US$19.63

Market Cap

US$307.9m

7D

-3.8%

1Y

-31.4%

Updated

25 Sep, 2023

Data

Company Financials +

MidWestOne Financial Group, Inc.

NasdaqGS:MOFG Stock Report

Mkt Cap: US$307.9m

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
Valuation6/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

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$19.63
52 Week HighUS$35.58
52 Week LowUS$17.80
Beta1.01
1 Month Change-6.92%
3 Month Change-8.40%
1 Year Change-31.44%
3 Year Change8.69%
5 Year Change-40.62%
Change since IPO364.92%

Recent News & Updates

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

Recent updates

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

Have Insiders Sold MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Shares Recently?

Feb 26
Have Insiders Sold MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Shares Recently?

Don't Buy MidWestOne Financial Group, Inc. (NASDAQ:MOFG) For Its Next Dividend Without Doing These Checks

Feb 21
Don't Buy MidWestOne Financial Group, Inc. (NASDAQ:MOFG) For Its Next Dividend Without Doing These Checks

MidWestOne Financial Group, Inc. 2020 Q4 - Results - Earnings Call Presentation

Feb 01

MidWestOne Financial Group, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Jan 31
MidWestOne Financial Group, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

MidWestOne Financial Group's (NASDAQ:MOFG) Shareholders Are Down 19% On Their Shares

Jan 25
MidWestOne Financial Group's (NASDAQ:MOFG) Shareholders Are Down 19% On Their Shares

Is MidWestOne Financial Group, Inc. (NASDAQ:MOFG) At Risk Of Cutting Its Dividend?

Dec 30
Is MidWestOne Financial Group, Inc. (NASDAQ:MOFG) At Risk Of Cutting Its Dividend?

Does MidWestOne Financial Group's (NASDAQ:MOFG) CEO Salary Compare Well With Industry Peers?

Dec 09
Does MidWestOne Financial Group's (NASDAQ:MOFG) CEO Salary Compare Well With Industry Peers?

MidWestOne Financial goes ex-dividend on Monday

Nov 28

Here's What MidWestOne Financial Group, Inc.'s (NASDAQ:MOFG) Shareholder Ownership Structure Looks Like

Nov 18
Here's What MidWestOne Financial Group, Inc.'s (NASDAQ:MOFG) Shareholder Ownership Structure Looks Like

Shareholder Returns

MOFGUS BanksUS Market
7D-3.8%-2.5%-2.7%
1Y-31.4%-3.5%16.8%

Return vs Industry: MOFG underperformed the US Banks industry which returned -5.7% over the past year.

Return vs Market: MOFG underperformed the US Market which returned 15.1% over the past year.

Price Volatility

Is MOFG's price volatile compared to industry and market?
MOFG volatility
MOFG Average Weekly Movement4.1%
Banks Industry Average Movement4.1%
Market Average Movement5.5%
10% most volatile stocks in US Market14.2%
10% least volatile stocks in US Market2.5%

Stable Share Price: MOFG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MOFG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1983784Chip Reeveshttps://www.midwestonefinancial.com

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, which includes noninterest bearing and interest bearing demand deposits, savings, money market, and time deposits accounts. The company provides commercial, real estate, agricultural, credit card, and consumer loans; and financing arrangements including 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$307.90m
Earnings (TTM)US$43.31m
Revenue (TTM)US$192.22m

7.1x

P/E Ratio

0.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MOFG income statement (TTM)
RevenueUS$192.22m
Cost of RevenueUS$0
Gross ProfitUS$192.22m
Other ExpensesUS$148.91m
EarningsUS$43.31m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.76
Gross Margin100.00%
Net Profit Margin22.53%
Debt/Equity Ratio101.0%

How did MOFG perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

35%

Payout Ratio