MidWestOne Financial Group Past Earnings Performance
Past criteria checks 2/6
MidWestOne Financial Group has been growing earnings at an average annual rate of 6.2%, while the Banks industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 5.1% per year. MidWestOne Financial Group's return on equity is 4.3%, and it has net margins of 14.1%.
Key information
6.2%
Earnings growth rate
3.6%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 5.1% |
| Return on equity | 4.3% |
| Net Margin | 14.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance 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 28MidWestOne Financial Group (NASDAQ:MOFG) Has Affirmed Its Dividend Of US$0.23
Jul 26MidWestOne Financial goes ex-dividend tomorrow
May 27Shareholders May Be A Little Conservative With MidWestOne Financial Group, Inc.'s (NASDAQ:MOFG) CEO Compensation For Now
Apr 24Revenue & Expenses BreakdownBeta
How MidWestOne Financial Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 161 | 23 | 114 | 0 |
| 31 Dec 23 | 157 | 21 | 113 | 0 |
| 30 Sep 23 | 175 | 34 | 115 | 0 |
| 30 Jun 23 | 192 | 43 | 118 | 0 |
| 31 Mar 23 | 196 | 48 | 115 | 0 |
| 31 Dec 22 | 209 | 61 | 115 | 0 |
| 30 Sep 22 | 206 | 59 | 112 | 0 |
| 30 Jun 22 | 199 | 57 | 108 | 0 |
| 31 Mar 22 | 200 | 62 | 106 | 0 |
| 31 Dec 21 | 206 | 69 | 103 | 0 |
| 30 Sep 21 | 209 | 72 | 103 | 0 |
| 30 Jun 21 | 201 | 36 | 101 | 0 |
| 31 Mar 21 | 193 | 30 | 100 | 0 |
| 31 Dec 20 | 163 | 7 | 101 | 0 |
| 30 Sep 20 | 159 | 3 | 99 | 0 |
| 30 Jun 20 | 163 | 35 | 99 | 0 |
| 31 Mar 20 | 164 | 34 | 98 | 0 |
| 31 Dec 19 | 168 | 44 | 91 | 0 |
| 30 Sep 19 | 149 | 38 | 83 | 0 |
| 30 Jun 19 | 133 | 32 | 79 | 0 |
| 31 Mar 19 | 121 | 30 | 74 | 0 |
| 31 Dec 18 | 121 | 30 | 74 | 0 |
| 30 Sep 18 | 113 | 21 | 73 | 0 |
| 30 Jun 18 | 110 | 21 | 70 | 0 |
| 31 Mar 18 | 110 | 20 | 68 | 0 |
| 31 Dec 17 | 109 | 19 | 71 | 0 |
| 30 Sep 17 | 113 | 24 | 66 | 0 |
| 30 Jun 17 | 115 | 24 | 66 | 0 |
| 31 Mar 17 | 114 | 22 | 67 | 0 |
| 31 Dec 16 | 115 | 20 | 70 | 0 |
| 30 Sep 16 | 121 | 25 | 69 | 0 |
| 30 Jun 16 | 122 | 26 | 68 | 0 |
| 31 Mar 16 | 119 | 26 | 65 | 0 |
| 31 Dec 15 | 106 | 25 | 57 | 0 |
| 30 Sep 15 | 92 | 21 | 49 | 0 |
| 30 Jun 15 | 79 | 18 | 42 | 0 |
| 31 Mar 15 | 69 | 18 | 37 | 0 |
| 31 Dec 14 | 69 | 19 | 36 | 0 |
| 30 Sep 14 | 68 | 19 | 35 | 0 |
| 30 Jun 14 | 67 | 19 | 35 | 0 |
| 31 Mar 14 | 67 | 19 | 35 | 0 |
| 31 Dec 13 | 67 | 19 | 35 | 0 |
| 30 Sep 13 | 68 | 19 | 36 | 0 |
| 30 Jun 13 | 67 | 18 | 36 | 0 |
Quality Earnings: MOFG has high quality earnings.
Growing Profit Margin: MOFG's current net profit margins (14.1%) are lower than last year (24.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MOFG's earnings have grown by 6.2% per year over the past 5 years.
Accelerating Growth: MOFG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MOFG had negative earnings growth (-53%) over the past year, making it difficult to compare to the Banks industry average (-12.9%).
Return on Equity
High ROE: MOFG's Return on Equity (4.3%) is considered low.