NASDAQ
MOFG

MidWestOne Financial Group Inc

Banks-Regional
Financial Services

Prices are adjusted according to historical splits.

MidWestOne Financial Group Inc Stock Price

Vitals

Today's Low:
$20.72
Today's High:
$21.0399
Open Price:
$20.76
52W Low:
$17.3805
52W High:
$34.2283
Prev. Close:
$20.7
Volume:
9741

Company Statistics

Market Cap.:
$325.47 million
Book Value:
31.963
Revenue TTM:
$192.22 million
Operating Margin TTM:
34.14%
Gross Profit TTM:
$209.39 million
Profit Margin:
22.53%
Return on Assets TTM:
0.67%
Return on Equity TTM:
8.75%

Company Profile

MidWestOne Financial Group Inc had its IPO on 2008-01-29 under the ticker symbol MOFG.

The company operates in the Financial Services sector and Banks-Regional industry. MidWestOne Financial Group Inc has a staff strength of 784 employees.

Stock update

Shares of MidWestOne Financial Group Inc opened at $20.76 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $20.72 - $21.04, and closed at $20.92.

This is a +1.06% increase from the previous day's closing price.

A total volume of 9,741 shares were traded at the close of the day’s session.

In the last one week, shares of MidWestOne Financial Group Inc have slipped by -3.24%.

MidWestOne Financial Group Inc's Key Ratios

MidWestOne Financial Group Inc has a market cap of $325.47 million, indicating a price to book ratio of 1.111 and a price to sales ratio of 2.5673.

In the last 12-months MidWestOne Financial Group Inc’s revenue was $192.22 million with a gross profit of $209.39 million and an EBITDA of $0. The EBITDA ratio measures MidWestOne Financial Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, MidWestOne Financial Group Inc’s operating margin was 34.14% while its return on assets stood at 0.67% with a return of equity of 8.75%.

In Q2, MidWestOne Financial Group Inc’s quarterly earnings growth was a negative -40% while revenue growth was a negative 6.9%.

MidWestOne Financial Group Inc’s PE and PEG Ratio

Forward PE
8.5034
Trailing PE
7.5455
PEG
2.52

Its diluted EPS in the last 12-months stands at $2.75 per share while it has a forward price to earnings multiple of 8.5034 and a PEG multiple of 2.52. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into MidWestOne Financial Group Inc’s profitability.

MidWestOne Financial Group Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.5673.

MidWestOne Financial Group Inc stock pays annual dividends of $0.96 per share, indicating a yield of 4.81% and a payout ratio of 27.73%.

Balance sheet and cash flow metrics

Total Assets
$6.52 billion
Total Liabilities
$362.05 million
Operating Cash Flow
$-40179000.00
Capital Expenditure
$903000
Dividend Payout Ratio
27.73%

MidWestOne Financial Group Inc ended 2024 with $6.52 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.52 billion while shareholder equity stood at $501.34 million.

MidWestOne Financial Group Inc ended 2024 with $0 in deferred long-term liabilities, $362.05 million in other current liabilities, 16581000.00 in common stock, $290.55 million in retained earnings and $62.48 million in goodwill. Its cash balance stood at $144.56 million and cash and short-term investments were $979.48 million. The company’s total short-term debt was $362,054,000 while long-term debt stood at $125.75 million.

MidWestOne Financial Group Inc’s total current assets stands at $979.48 million while long-term investments were $2.00 billion and short-term investments were $903.52 million. Its net receivables were $41.67 million compared to accounts payable of $0 and inventory worth $0.

In 2024, MidWestOne Financial Group Inc's operating cash flow was $-40179000.00 while its capital expenditure stood at $903000.

Comparatively, MidWestOne Financial Group Inc paid $0.28 in dividends in 2024.

Other key metrics

Current Trading Price
$20.92
52-Week High
$34.2283
52-Week Low
$17.3805
Analyst Target Price
$26

MidWestOne Financial Group Inc stock is currently trading at $20.92 per share. It touched a 52-week high of $34.2283 and a 52-week low of $34.2283. Analysts tracking the stock have a 12-month average target price of $26.

Its 50-day moving average was $22.18 and 200-day moving average was $24.92 The short ratio stood at 3.26 indicating a short percent outstanding of 0%.

Around 849.9% of the company’s stock are held by insiders while 6644.2% are held by institutions.

Frequently Asked Questions About MidWestOne Financial Group Inc

The stock symbol (also called stock or share ticker) of MidWestOne Financial Group Inc is MOFG

The IPO of MidWestOne Financial Group Inc took place on 2008-01-29

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About

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. In addition, it offers trust and investment services, which includes administering estates, personal trusts, and conservatorships; property and farm management, investment advisory, retail securities brokerage, financial planning, and custodial services; and licensed brokers services including securities trading, financial planning, mutual funds sales, fixed and variable annuities, tax-exempt, and conventional unit trusts. Further, the company provides online and mobile banking, debit cards, automated teller machines, and safe deposit boxes. MidWestOne Financial Group, Inc. was incorporated in 1983 and is headquartered in Iowa City, Iowa.

Address

102 South Clinton Street, Iowa City, IA, United States, 52240