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NASDAQ: MOFG
Midwestone Financial Group Inc Stock

$23.50+1.32 (+5.95%)
Updated Mar 27, 2024
MOFG Price
$23.50
Fair Value Price
N/A
Market Cap
$370.14M
52 Week Low
$17.80
52 Week High
$27.78
P/E
17.67x
P/B
0.71x
P/S
2.69x
PEG
N/A
Dividend Yield
4.13%
Revenue
$156.75M
Earnings
$20.86M
Gross Margin
100%
Operating Margin
15.84%
Profit Margin
13.3%
Debt to Equity
11.26
Operating Cash Flow
$63M
Beta
1.11
Next Earnings
Apr 25, 2024
Ex-Dividend
N/A
Next Dividend
N/A

MOFG 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. It offers deposit products, such as noninterest 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 industrial, commercial and residential real estate, agricultural, and credit card loans, as well as consumer loans, such as secured and unsecured personal, and automobile 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, and financial planning and custodial services, as well as investment-related services, including securities trading, mutual funds sales, fixed and variable annuities, tax-exempted, and conventional unit trusts. Further, the company provides other products and services comprising treasury management, debit cards, automated teller machines, online and mobile banking, and safe deposit boxes. It offers its products and services primarily through a network of 56 banking offices located in central and eastern Iowa, the Minneapolis/St. Paul metropolitan area of Minnesota, southwestern Wisconsin, southwestern Florida, and Denver, Colorado. MidWestOne Financial Group, Inc. was incorporated in 1983 and is headquartered in Iowa City, Iowa.

Zen Score

Industry Average (34)
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Due Diligence Checks

MOFG was unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
MOFG is good value based on its earnings relative to its share price (17.67x), compared to the US market average (44.45x)
P/E vs Market Valuation
MOFG is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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MOFG News

Valuation

MOFG fair value

Fair Value of MOFG stock based on Discounted Cash Flow (DCF)
Price
$23.50
Fair Value
$30.23
Undervalued by
22.25%
MOFG was unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MOFG price to earnings (PE)

For valuing profitable companies with steady earnings
Company
17.67x
Industry
-10.57x
Market
44.45x
MOFG is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
MOFG is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

MOFG price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.71x
Industry
1.02x
MOFG is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MOFG's financial health

Profit margin

Revenue
$34.7M
Net Income
$2.7M
Profit Margin
7.9%
MOFG's Earnings (EBIT) of $24.83M... subscribe to Premium to read more.
Interest Coverage Financials
MOFG's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$6.4B
Liabilities
$5.9B
Debt to equity
11.26
MOFG's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
MOFG's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$6.7M
Investing
$46.7M
Financing
-$46.5M
MOFG's operating cash flow ($62.57M)... subscribe to Premium to read more.
Debt Coverage Financials

MOFG vs Bank Stocks

TickerMarket Cap1d %P/EP/B
MOFG$370.14M+5.95%17.67x0.71x
SMMF$378.55M+0.74%6.75x0.86x
SHBI$378.60M+2.70%27.14x0.74x
SMBK$358.73M+3.65%12.37x0.78x
FFIC$358.40M+5.12%12.84x0.54x

Midwestone Financial Group Stock FAQ

What is Midwestone Financial Group's quote symbol?

(NASDAQ: MOFG) Midwestone Financial Group trades on the NASDAQ under the ticker symbol MOFG. Midwestone Financial Group stock quotes can also be displayed as NASDAQ: MOFG.

If you're new to stock investing, here's how to buy Midwestone Financial Group stock.

What is the 52 week high and low for Midwestone Financial Group (NASDAQ: MOFG)?

(NASDAQ: MOFG) Midwestone Financial Group's 52-week high was $27.78, and its 52-week low was $17.80. It is currently -15.41% from its 52-week high and 32.02% from its 52-week low.

How much is Midwestone Financial Group stock worth today?

(NASDAQ: MOFG) Midwestone Financial Group currently has 15,750,471 outstanding shares. With Midwestone Financial Group stock trading at $23.50 per share, the total value of Midwestone Financial Group stock (market capitalization) is $370.14M.

Midwestone Financial Group stock was originally listed at a price of $17.40 in Jan 29, 2008. If you had invested in Midwestone Financial Group stock at $17.40, your return over the last 16 years would have been 35.06%, for an annualized return of 1.9% (not including any dividends or dividend reinvestments).

How much is Midwestone Financial Group's stock price per share?

(NASDAQ: MOFG) Midwestone Financial Group stock price per share is $23.50 today (as of Mar 27, 2024).

What is Midwestone Financial Group's Market Cap?

(NASDAQ: MOFG) Midwestone Financial Group's market cap is $370.14M, as of Mar 28, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Midwestone Financial Group's market cap is calculated by multiplying MOFG's current stock price of $23.50 by MOFG's total outstanding shares of 15,750,471.
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