MidWestOne Financial Group Company Profile (NASDAQ:MOFG)

About MidWestOne Financial Group (NASDAQ:MOFG)

MidWestOne Financial Group logoMidWestOne Financial Group, Inc. is a bank holding and financial holding company. The Company operates through its bank subsidiaries, MidWestOne Bank, Central Bank and MidWestOne Insurance Services, Inc. that operates through three agencies located in central and east-central Iowa. As of December 31, 2016, the Bank operated a total of 43 banking offices in Iowa, Minnesota, Wisconsin, and Florida. It provides full service retail banking in the communities in which its branch offices are located and also offers trust and investment management services. The Bank offers deposit products, including checking and other demand deposit accounts, negotiable order of withdrawal (NOW) accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts and other time deposits. The Bank offers commercial and industrial, agricultural, real estate mortgage and consumer loans.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Commercial Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:MOFG
  • CUSIP: 59851110
  • Web: www.midwestone.com
Capitalization:
  • Market Cap: $445 million
  • Outstanding Shares: 12,219,000
Average Prices:
  • 50 Day Moving Avg: $34.09
  • 200 Day Moving Avg: $34.38
  • 52 Week Range: $27.93 - $39.20
P/E:
  • Trailing P/E Ratio: 17.78
  • Foreward P/E Ratio: 13.89
  • P/E Growth: 2.47
Sales & Book Value:
  • Annual Revenue: $114.71 million
  • Price / Sales: 3.89
  • Book Value: $28.06 per share
  • Price / Book: 1.30
Dividend:
  • Annual Dividend: $0.68
  • Dividend Yield: 1.9%
Profitability:
  • Net Margins: 17.60%
  • Return on Equity: 7.55%
  • Return on Assets: 0.79%
Debt:
  • Debt-to-Equity Ratio: 0.38%
  • Current Ratio: 0.86%
  • Quick Ratio: 0.86%
Misc:
  • Average Volume: 36,284 shs.
  • Beta: 1.25
  • Short Ratio: 4.32
 

Frequently Asked Questions for MidWestOne Financial Group (NASDAQ:MOFG)

What is MidWestOne Financial Group's stock symbol?

MidWestOne Financial Group trades on the NASDAQ under the ticker symbol "MOFG."

How often does MidWestOne Financial Group pay dividends? What is the dividend yield for MidWestOne Financial Group?

MidWestOne Financial Group declared a quarterly dividend on Thursday, October 12th. Stockholders of record on Friday, December 1st will be given a dividend of $0.17 per share on Friday, December 15th. This represents a $0.68 annualized dividend and a dividend yield of 1.86%. The ex-dividend date of this dividend is Thursday, November 30th. View MidWestOne Financial Group's Dividend History.

How were MidWestOne Financial Group's earnings last quarter?

MidWestOne Financial Group, Inc. (NASDAQ:MOFG) released its earnings results on Thursday, July, 27th. The company reported $0.59 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.59 by $0.00. The company earned $31.57 million during the quarter, compared to the consensus estimate of $31.17 million. MidWestOne Financial Group had a return on equity of 7.55% and a net margin of 17.60%. View MidWestOne Financial Group's Earnings History.

When will MidWestOne Financial Group make its next earnings announcement?

MidWestOne Financial Group is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for MidWestOne Financial Group.

Where is MidWestOne Financial Group's stock going? Where will MidWestOne Financial Group's stock price be in 2017?

2 brokers have issued 1 year price targets for MidWestOne Financial Group's shares. Their predictions range from $37.00 to $40.00. On average, they expect MidWestOne Financial Group's stock price to reach $38.50 in the next twelve months. View Analyst Ratings for MidWestOne Financial Group.

Who are some of MidWestOne Financial Group's key competitors?

Who are MidWestOne Financial Group's key executives?

MidWestOne Financial Group's management team includes the folowing people:

  • Kevin W. Monson, Chairman of the Board
  • Charles N. Funk, President, Chief Executive Officer, Director
  • Katie A. Lorenson, Chief Financial Officer, Senior Vice President
  • Mitchell W. Cook, Senior Regional President - Minnesota and Wisconsin markets
  • Kevin E. Kramer, Chief Operating Officer
  • Kurt R. Weise, Executive Vice President, Director
  • Kent L. Jehle, Executive Vice President, Chief Credit Officer
  • Karin M. Taylor, Senior Vice President, Chief Risk Officer
  • James M. Cantrell, Chief Investment Officer, Vice President, Treasurer
  • John M. Morrison, Director

How do I buy MidWestOne Financial Group stock?

Shares of MidWestOne Financial Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is MidWestOne Financial Group's stock price today?

One share of MidWestOne Financial Group stock can currently be purchased for approximately $36.53.


MarketBeat Community Rating for MidWestOne Financial Group (NASDAQ MOFG)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  60 (Vote Outperform)
Underperform Votes:  99 (Vote Underperform)
Total Votes:  159
MarketBeat's community ratings are surveys of what our community members think about MidWestOne Financial Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for MidWestOne Financial Group (NASDAQ:MOFG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $38.50 (5.39% upside)
Consensus Price Target History for MidWestOne Financial Group (NASDAQ:MOFG)
Price Target History for MidWestOne Financial Group (NASDAQ:MOFG)
Analysts' Ratings History for MidWestOne Financial Group (NASDAQ:MOFG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/27/2017Piper Jaffray CompaniesSet Price TargetHold$37.00LowView Rating Details
5/19/2017Keefe, Bruyette & WoodsReiterated RatingBuy$40.00LowView Rating Details
(Data available from 10/17/2015 forward)

Earnings

Earnings History for MidWestOne Financial Group (NASDAQ:MOFG)
Earnings by Quarter for MidWestOne Financial Group (NASDAQ:MOFG)
Earnings History by Quarter for MidWestOne Financial Group (NASDAQ MOFG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$0.64N/AView Earnings Details
7/27/2017Q2 2017$0.59$0.59$31.17 million$31.57 millionViewN/AView Earnings Details
1/28/2016$0.65$0.72ViewN/AView Earnings Details
10/22/2015Q3 2015$0.67$0.68$31.35 million$31.79 millionViewN/AView Earnings Details
7/23/2015Q2 2015$0.61$0.66$25.63 million$27.81 millionViewN/AView Earnings Details
1/22/2015Q4 2014$0.56$0.57$17.76 million$17.44 millionViewN/AView Earnings Details
10/23/2014Q3 2014$0.55$0.59$17.52 million$17.57 millionViewN/AView Earnings Details
8/18/2014$0.53$0.56ViewN/AView Earnings Details
7/31/2014Q2 2014$0.53$0.56$17.24 million$17.41 millionViewN/AView Earnings Details
4/24/2014Q1 2014$0.49$0.58$16.67 million$17.74 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for MidWestOne Financial Group (NASDAQ:MOFG)
2017 EPS Consensus Estimate: $2.46
2018 EPS Consensus Estimate: $2.60
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.58$0.61$0.60
Q2 20172$0.58$0.59$0.59
Q3 20172$0.62$0.63$0.63
Q4 20172$0.64$0.66$0.65
Q1 20181$0.59$0.59$0.59
Q2 20181$0.63$0.63$0.63
Q3 20181$0.68$0.68$0.68
Q4 20181$0.70$0.70$0.70
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for MidWestOne Financial Group (NASDAQ:MOFG)
Next Dividend:12/15/2017
Annual Dividend:$0.68
Dividend Yield:1.86%
Payout Ratio:33.17% (Trailing 12 Months of Earnings)
27.87% (Based on This Year's Estimates)
25.86% (Based on Next Year's Estimates)
Dividend Payments by Quarter for MidWestOne Financial Group (NASDAQ:MOFG)

Dividend History by Quarter for MidWestOne Financial Group (NASDAQ MOFG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/12/2017quarterly$0.171.87%11/30/201712/1/201712/15/2017
7/18/2017Quarterly$0.171.93%8/30/20179/1/20179/15/2017
4/26/2017quarterly$0.171.85%5/30/20176/1/20176/15/2017
1/30/2017quarterly$0.171.87%2/27/20173/1/20173/15/2017
10/13/2016Quarterly$0.1611/29/201612/1/201612/15/2016
7/25/2016Quarterly$0.168/30/20169/1/20169/15/2016
4/25/2016Quarterly$0.165/27/20166/1/20166/15/2016
1/20/2016Quarterly$0.162/26/20163/1/20163/15/2016
10/21/2015Quarterly$0.1511/27/201512/1/201512/15/2015
4/22/2015quarterly$0.152.04%5/28/20156/1/20156/15/2015
1/27/2015quarterly$0.152.14%2/25/20152/6/20153/16/2015
10/20/2014quarterly$0.152.35%11/26/201412/1/201412/15/2014
7/22/2014quarterly$0.152.47%8/27/20149/1/20149/15/2014
4/23/2014quarterly$0.152.34%5/28/20146/1/20146/16/2014
1/27/2014quarterly$0.152.34%2/26/20143/1/20143/17/2014
10/23/2013quarterly$0.131.96%11/26/201312/1/201312/16/2013
7/19/2013quarterly$0.131.83%8/28/20139/1/20139/16/2013
4/24/2013quarterly$0.132.08%5/29/20136/1/20136/17/2013
1/17/2013quarterly$0.132.24%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for MidWestOne Financial Group (NASDAQ:MOFG)
Insider Ownership Percentage: 25.30%
Institutional Ownership Percentage: 46.44%
Insider Trades by Quarter for MidWestOne Financial Group (NASDAQ:MOFG)
Institutional Ownership by Quarter for MidWestOne Financial Group (NASDAQ:MOFG)
Insider Trades by Quarter for MidWestOne Financial Group (NASDAQ:MOFG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/22/2017Kurt R WeiseDirectorSell889$32.91$29,256.99View SEC Filing  
8/8/2017Douglas K TrueDirectorBuy300$34.15$10,245.00View SEC Filing  
6/2/2017Kurt R WeiseDirectorSell300$34.91$10,473.00View SEC Filing  
3/22/2017John M MorrisonDirectorSell2,000,000$32.88$65,760,000.00View SEC Filing  
8/9/2016Michael A HatchDirectorBuy150$28.84$4,326.00View SEC Filing  
8/8/2016Ruth E StanochDirectorBuy700$28.48$19,936.00View SEC Filing  
2/3/2016Michael A. HatchDirectorBuy2,000$26.98$53,960.00View SEC Filing  
11/25/2015John M MorrisonDirectorSell57,500$29.00$1,667,500.00View SEC Filing  
11/25/2015Kurt R WeiseEVPBuy31,250$29.00$906,250.00View SEC Filing  
11/24/2015Larry D AlbertDirectorBuy7,250$29.00$210,250.00View SEC Filing  
9/2/2015Robert J LathamDirectorSell1,050$29.09$30,544.50View SEC Filing  
6/10/2014Robert J LathamDirectorSell4,000$24.14$96,560.00View SEC Filing  
6/6/2014Robert J LathamDirectorSell6,000$24.29$145,740.00View SEC Filing  
5/21/2014Richard R DonohueDirectorBuy1,000$22.95$22,950.00View SEC Filing  
5/19/2014Richard R DonohueDirectorBuy1,000$23.25$23,250.00View SEC Filing  
5/15/2014Stephen L WestDirectorBuy2,100$23.50$49,350.00View SEC Filing  
5/8/2014Kevin W MonsonDirectorBuy4,000$23.96$95,840.00View SEC Filing  
4/30/2014Richard J SchwabDirectorBuy2,048$24.59$50,360.32View SEC Filing  
2/7/2014Kevin W MonsonDirectorBuy1,100$24.00$26,400.00View SEC Filing  
2/5/2014Kevin W MonsonDirectorBuy2,300$24.00$55,200.00View SEC Filing  
2/3/2014Kevin W MonsonDirectorBuy1,600$23.95$38,320.00View SEC Filing  
1/28/2014John P PothovenDirectorSell1,200$24.09$28,908.00View SEC Filing  
11/22/2013Robert J LathamDirectorSell6,800$26.73$181,764.00View SEC Filing  
11/21/2013Robert J LathamDirectorSell4,000$26.26$105,040.00View SEC Filing  
8/8/2013John P PothovenDirectorSell1,500$26.11$39,165.00View SEC Filing  
12/10/2012Stephen L WestDirectorBuy1,500$20.25$30,375.00View SEC Filing  
11/28/2012Kevin W MonsonDirectorBuy1,000$19.80$19,800.00View SEC Filing  
11/16/2012Robert J LathamDirectorBuy1,000$19.41$19,410.00View SEC Filing  
11/14/2012Richard R DonohueDirectorBuy1,000$19.83$19,830.00View SEC Filing  
11/7/2012Kevin W MonsonDirectorBuy3,000$20.19$60,570.00View SEC Filing  
11/2/2012Gary John OrtaleCFOBuy1,500$20.36$30,540.00View SEC Filing  
11/1/2012Richard R DonohueDirectorBuy1,000$20.20$20,200.00View SEC Filing  
10/31/2012Kevin W MonsonDirectorBuy1,000$20.05$20,050.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for MidWestOne Financial Group (NASDAQ:MOFG)
Latest Headlines for MidWestOne Financial Group (NASDAQ:MOFG)
Source:
DateHeadline
americanbankingnews.com logoMidWestOne Financial Group, Inc. (MOFG) Plans Quarterly Dividend of $0.17
www.americanbankingnews.com - October 12 at 5:17 PM
finance.yahoo.com logoETFs with exposure to MidWestOne Financial Group, Inc. : October 9, 2017
finance.yahoo.com - October 9 at 3:21 PM
americanbankingnews.com logoZacks: Analysts Anticipate MidWestOne Financial Group, Inc. (MOFG) Will Announce Earnings of $0.63 Per Share
www.americanbankingnews.com - October 9 at 10:08 AM
finance.yahoo.com logoMidWestOne Financial Group, Inc. breached its 50 day moving average in a Bullish Manner : MOFG-US : September 25, 2017
finance.yahoo.com - October 2 at 11:41 AM
finance.yahoo.com logoMidWestOne Financial Group, Inc. breached its 50 day moving average in a Bullish Manner : MOFG-US : September 25, 2017
finance.yahoo.com - October 2 at 11:41 AM
finance.yahoo.com logoMidWestOne Financial Group, Inc. :MOFG-US: Earnings Analysis: Q2, 2017 By the Numbers : September 28, 2017
finance.yahoo.com - October 2 at 11:41 AM
finance.yahoo.com logoMidWestOne Financial Group, Inc. :MOFG-US: Earnings Analysis: Q2, 2017 By the Numbers : September 28, 2017
finance.yahoo.com - October 2 at 11:41 AM
americanbankingnews.com logoComparing Macatawa Bank Corporation (MCBC) & MidWestOne Financial Group (MOFG)
www.americanbankingnews.com - October 2 at 8:32 AM
finance.yahoo.com logoMidWestOne Financial Group, Inc. : MOFG-US: Dividend Analysis : September 01st, 2017 (record date) : By the numbers : September 22, 2017
finance.yahoo.com - September 23 at 8:18 AM
finance.yahoo.com logoMidWestOne Financial Group, Inc. – Value Analysis (NASDAQ:MOFG) : September 15, 2017
finance.yahoo.com - September 15 at 2:14 AM
finance.yahoo.com logoMidWestOne Financial Group, Inc. breached its 50 day moving average in a Bullish Manner : MOFG-US : September 13, 2017
finance.yahoo.com - September 14 at 7:50 AM
thestreet.com logoReminder - MidWestOne Financial Group (MOFG) Goes Ex-Dividend Soon
www.thestreet.com - August 30 at 6:47 AM
americanbankingnews.com logoInsider Selling: MidWestOne Financial Group, Inc. (MOFG) Director Sells 889 Shares of Stock
www.americanbankingnews.com - August 23 at 1:14 PM
americanbankingnews.com logoMidWestOne Financial Group, Inc. (MOFG) Expected to Post Quarterly Sales of $32.09 Million
www.americanbankingnews.com - August 16 at 2:34 AM
americanbankingnews.com logoDouglas K. True Purchases 300 Shares of MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Stock
www.americanbankingnews.com - August 8 at 4:22 PM
finance.yahoo.com logoEdited Transcript of MOFG earnings conference call or presentation 31-Jul-17 4:00pm GMT
finance.yahoo.com - August 1 at 1:57 AM
seekingalpha.com logoMidwestone Financial Group's (MOFG) CEO Charles Funk on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 31 at 8:57 PM
americanbankingnews.com logoFIG Partners Comments on MidWestOne Financial Group, Inc.'s Q3 2017 Earnings (NASDAQ:MOFG)
www.americanbankingnews.com - July 31 at 7:44 AM
americanbankingnews.com logoMidWestOne Financial Group, Inc. (NASDAQ:MOFG) Given a $37.00 Price Target by Piper Jaffray Companies Analysts
www.americanbankingnews.com - July 30 at 9:46 PM
americanbankingnews.com logoMidWestOne Financial Group, Inc. (MOFG) Issues Earnings Results, Hits Estimates
www.americanbankingnews.com - July 29 at 3:30 PM
americanbankingnews.com logoMidWestOne Financial Group, Inc. (NASDAQ:MOFG) Expected to Post Quarterly Sales of $31.17 Million
www.americanbankingnews.com - July 29 at 7:45 AM
finance.yahoo.com logoMidWestOne posts 2Q profit
finance.yahoo.com - July 28 at 5:18 AM
americanbankingnews.com logo$0.58 EPS Expected for MidWestOne Financial Group, Inc. (MOFG) This Quarter
www.americanbankingnews.com - July 27 at 2:32 PM
finance.yahoo.com logoMidWestOne Financial Group, Inc. breached its 50 day moving average in a Bearish Manner : MOFG-US : July 25, 2017
finance.yahoo.com - July 26 at 12:41 AM
americanbankingnews.com logoMidWestOne Financial Group, Inc. (MOFG) Declares Dividend Increase - $0.17 Per Share
www.americanbankingnews.com - July 19 at 10:45 AM
finance.yahoo.com logoMidWestOne Financial Group, Inc. – Value Analysis (NASDAQ:MOFG) : July 11, 2017
finance.yahoo.com - July 12 at 4:11 AM
finance.yahoo.com logoMidWestOne Financial Group, Inc. breached its 50 day moving average in a Bullish Manner : MOFG-US : July 10, 2017
finance.yahoo.com - July 11 at 2:15 AM
americanbankingnews.com logo$31.17 Million in Sales Expected for MidWestOne Financial Group, Inc. (NASDAQ:MOFG) This Quarter
www.americanbankingnews.com - July 5 at 11:02 AM
americanbankingnews.com logoMidWestOne Financial Group, Inc. (NASDAQ:MOFG) Expected to Post Earnings of $0.58 Per Share
www.americanbankingnews.com - July 3 at 11:20 AM
streetinsider.com logoForm 3 MidWestOne Financial For: Apr 20 Filed by: True Douglas K
www.streetinsider.com - April 26 at 6:43 PM
biz.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financ
biz.yahoo.com - March 21 at 6:32 PM
us.rd.yahoo.com logo4:10 pm MidWestOne Financial Group commences common stock offering by the co and/or selling shareholder, the John M. Morrison Revocable Trust #4
us.rd.yahoo.com - March 17 at 8:53 AM
biz.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - March 17 at 8:53 AM
biz.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 2 at 6:48 PM
biz.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Files SEC form 8-K, Other Events
us.rd.yahoo.com - February 18 at 5:48 PM
thestreet.com logoOversold Conditions For MidWestOne Financial Group (MOFG)
www.thestreet.com - February 7 at 7:54 PM
seekingalpha.com logoMidWestOne Financial Group's (MOFG) CEO Charles Funk on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - January 28 at 1:48 AM
biz.yahoo.com logoQ4 2016 Midwestone Financial Group Inc Earnings Release - After Market Close
biz.yahoo.com - January 26 at 9:50 PM
biz.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Files SEC form 8-K, Results of Operations and Financial Condition
biz.yahoo.com - January 26 at 9:50 PM
biz.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 3 at 6:17 PM
seekingalpha.com logoMidWestOne Financial Group's (MOFG) CEO Charles Funk on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - October 29 at 9:10 AM
biz.yahoo.com logoQ3 2016 Midwestone Financial Group Inc Earnings Release - After Market Close
biz.yahoo.com - October 27 at 11:03 AM
biz.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Files SEC form 8-K, Termination of a Material Definitive Agreement
biz.yahoo.com - October 3 at 5:50 PM
seekingalpha.com logoMidWestOne Financial Group's (MOFG) CEO Charles Funk on Q2 2016 Results - Earnings Call Transcript
seekingalpha.com - July 31 at 10:21 AM
biz.yahoo.com logoMIDWESTONE FINANCIAL GROUP, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - April 18 at 5:00 PM

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Chart

MidWestOne Financial Group (MOFG) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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