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 | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
MidWestOne Financial Group, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$21.94 |
| 52 Week High | US$27.78 |
| 52 Week Low | US$18.65 |
| Beta | 0.97 |
| 1 Month Change | 5.73% |
| 3 Month Change | -5.43% |
| 1 Year Change | 8.94% |
| 3 Year Change | -28.21% |
| 5 Year Change | -21.33% |
| Change since IPO | 419.63% |
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 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 24Shareholder Returns
| MOFG | US Banks | US Market | |
|---|---|---|---|
| 7D | 2.2% | 0.2% | 1.2% |
| 1Y | 8.9% | 36.8% | 27.7% |
Return vs Industry: MOFG underperformed the US Banks industry which returned 35.4% over the past year.
Return vs Market: MOFG underperformed the US Market which returned 26% over the past year.
Price Volatility
| MOFG volatility | |
|---|---|
| MOFG Average Weekly Movement | 4.9% |
| Banks Industry Average Movement | 3.9% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: MOFG has not had significant price volatility in the past 3 months.
Volatility Over Time: MOFG's weekly volatility (5%) 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$341.26m |
| Earnings (TTM) | US$22.73m |
| Revenue (TTM) | US$161.44m |
15.2x
P/E Ratio0.7x
P/B RatioIs MOFG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MOFG income statement (TTM) | |
|---|---|
| Revenue | US$161.44m |
| Cost of Revenue | US$0 |
| Gross Profit | US$161.44m |
| Other Expenses | US$138.71m |
| Earnings | US$22.73m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.44 |
| Gross Margin | 100.00% |
| Net Profit Margin | 14.08% |
| Debt/Equity Ratio | 107.5% |
How did MOFG perform over the long term?
See historical performance and comparisonDividends
4.4%
Current Dividend Yield67%
Payout RatioDoes MOFG pay a reliable dividends?
See MOFG dividend history and benchmarks| MidWestOne Financial Group dividend dates | |
|---|---|
| Ex Dividend Date | Jun 03 2024 |
| Dividend Pay Date | Jun 17 2024 |
| Days until Ex dividend | 11 days |
| Days until Dividend pay date | 25 days |
Does MOFG pay a reliable dividends?
See MOFG dividend history and benchmarks