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MidWestOne Financial Group, Inc. (MOFG)

Stock Price: $18.47 USD -0.28 (-1.49%)
Updated Aug 4, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 297.18M
Revenue (ttm) 163.14M
Net Income (ttm) 34.37M
Shares Out 16.10M
EPS (ttm) 2.18
PE Ratio 8.47
Forward PE 30.67
Dividend $0.88
Dividend Yield 4.76%

Stock Quote

Trading Day Aug 4, 2020
Last Price $18.47
Previous Close $18.75
Change ($) -0.28
Change (%) -1.49%
Day's Open 18.62
Day's Range 18.28 - 18.63
Day's Volume 33,427
52-Week Range 15.25 - 39.03

More Stats

Market Cap 297.18M
Enterprise Value 511.00M
Earnings Date (est) Oct 22, 2020
Ex-Dividend Date May 29, 2020
Shares Outstanding 16.10M
Float 14.78M
EPS (basic) 2.19
EPS (diluted) 2.18
FCF / Share 3.41
Dividend $0.88
Dividend Yield 4.76%
Earnings Yield 11.80%
FCF Yield 18.51%
Payout Ratio 37.80%
Shares Short 285,633
Short Ratio 3.62
Short % of Float 1.47%
Beta 1.07
PE Ratio 8.47
Forward PE 30.67
P/FCF Ratio 5.40
PS Ratio 1.82
PB Ratio 0.56
Revenue 163.14M
Operating Income 36.86M
Net Income 34.37M
Free Cash Flow 55.01M
Net Cash -213.82M
Net Cash / Share -13.29
Gross Margin 102.82%
Operating Margin 22.59%
Profit Margin 21.00%
FCF Margin 33.72%
ROA 0.72%
ROE 7.02%
ROIC 0.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (5)

Buy 3
Overweight 0
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$23.50*
(27.23% upside)
Low
19.0
Current: $18.47
High
29.0
Target: 23.50
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue16812110911510668.9767.3470.7160.1656.82
Revenue Growth38.42%10.98%-5.09%8.43%53.86%2.41%-4.76%17.54%5.87%-
Gross Profit16812110911510668.9767.3470.7160.1656.82
Operating Income50.2037.9729.0827.2532.9425.5525.2521.7517.9213.53
Net Income43.6330.3518.7020.3925.1218.5218.6116.5313.3110.13
Shares Outstanding16.1612.2212.2211.4411.418.358.478.498.578.61
Earnings Per Share2.932.481.551.782.422.192.181.941.471.07
EPS Growth18.15%60%-12.92%-26.45%10.5%0.46%12.37%31.97%37.38%-
Dividend Per Share0.810.780.670.640.600.580.500.360.220.20
Dividend Growth3.85%16.42%4.69%6.67%3.45%16%38.89%63.64%10%-
Operating Cash Flow47.3142.7641.0738.1832.7123.2628.2622.5423.7420.48
Capital Expenditures-2.13-5.04-4.96-3.34-13.74-12.26-4.501.73-2.45-0.91
Free Cash Flow45.1837.7336.1234.8518.9711.0023.7624.2621.2819.57
Cash & Equivalents73.4845.4850.9743.2347.1023.4124.8947.1932.6220.52
Total Debt371300249274202187189204213193
Net Cash / Debt-298-255-198-231-155-163-164-157-180-172
Assets4,6543,2913,2123,0802,9801,8001,7551,7931,6951,581
Liabilities4,1452,9342,8722,7742,6841,6081,5771,6191,5391,423
Book Value509357340305296193178174156158
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name MidWestOne Financial Group, Inc.
Country United States
Employees 771
CEO Charles N. Funk

Stock Information

Ticker Symbol MOFG
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: MOFG

Description

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, institutional customers, and government agencies in Iowa, Minnesota, Wisconsin, Florida, and Colorado. It offers deposit products, such as non-interest-bearing and interest-bearing demand deposit accounts, interest checking accounts, savings accounts, money market accounts, certificates of deposit, and time deposits. The company also provides commercial and residential real estate, commercial and industrial, agricultural, consumer, and credit card loans. In addition, it offers various trust and investment services, including administering estates, personal trusts, and conservatorships, as well as property management, farm management, investment advisory, retail securities brokerage, financial planning, securities trading, mutual funds sales, fixed and variable annuities and tax-exempt, conventional unit trusts, and custodial services. Further, the company provides other products and services comprising treasury management, debit cards, automated teller machines, online banking, mobile banking, and safe deposit boxes. It offers its products and services primarily through a network of full-service branches, including 34 branches located throughout central and eastern Iowa; 13 branches located in the Minneapolis-St. Paul metropolitan area of Minnesota; seven branches in western Wisconsin; one branch in each of Naples and Fort Myers, Florida; and one branch in Denver, Colorado. MidWestOne Financial Group, Inc. was incorporated in 1983 and is headquartered in Iowa City, Iowa.