MainSource Financial Group

MainSource Bank is a subsidiary of MainSource Financial Group, Inc., which is headquartered in Greensburg, Indiana. MainSource Financial Group is listed on the NASDAQ National Market (under the symbol:"MSFG") and is a community-focused, financial holding company with assets of approximately $4.0 billion.
Our story started over 110 years ago. Since then, we’ve grown quite a bit – but we’ve never outgrown the idea that friendly, personal service truly matters.
We’re a complete provider of both consumer and commercial financial services. We pride ourselves on providing a unique mix of small-bank service and big-bank services. And despite our regional presence across the Midwest, we believe in local decision-making.
In addition to providing traditional banking services, MainSource Bank offers insurance, brokerage, trust, and title services in all of our locations, allowing us to be your single source for the full range of financial services.

Type
Public
HQ
Greensburg, US
Founded
1906
Size (employees)
888 (est)+6%
MainSource Financial Group was founded in 1906 and is headquartered in Greensburg, US

MainSource Financial Group Office Locations

MainSource Financial Group has an office in Greensburg
Greensburg, US (HQ)
3rd St

MainSource Financial Group Data and Metrics

MainSource Financial Group Financial Metrics

MainSource Financial Group's revenue was reported to be $180.9 m in 2016
USD

Revenue (Y, 2016)

180.9 m

Revenue growth (Y, 2015 - Y, 2016), %

63%

Gross profit (Y, 2016)

170.2 m

Gross profit margin (Y, 2016), %

94%

Net income (Y, 2016)

38.3 m

EBIT (Y, 2016)

115.9 m

Market capitalization (26-Jun-2017)

782.6 m

Closing share price (26-Jun-2017)

31.9

Cash (31-Dec-2016)

86.6 m
MainSource Financial Group's current market capitalization is $782.6 m.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015Y, 2016

Revenue

101.3 m102.8 m111.1 m180.9 m

Revenue growth, %

2%8%63%

Cost of goods sold

8.4 m10.7 m

Gross profit

102.7 m170.2 m

Gross profit Margin, %

92%94%

Operating expense total

105.6 m118 m

EBIT

31.7 m36.8 m45.8 m115.9 m

EBIT margin, %

31%36%41%64%

Pre tax profit

45.8 m50.5 m

Income tax expense

239 k3.7 m6 m5.3 m7.8 m10.2 m12.1 m

Net Income

26.3 m29 m35.5 m38.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

61.3 m62.5 m67.6 m86.6 m

PP&E

56 m60.5 m63 m76.4 m

Goodwill

64.9 m73.5 m76 m101.3 m

Total Assets

2.9 b3.1 b3.4 b4.1 b

Additional Paid-in Capital

224.8 m246.6 m247.6 m299.1 m

Retained Earnings

77.6 m97.9 m121.7 m145.7 m

Total Equity

305.5 m360.7 m381.4 m449.5 m

Financial Leverage

9.4 x8.7 x8.9 x9.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

26.3 m29 m35.5 m38.3 m

Depreciation and Amortization

5.8 m5.9 m6.4 m7.3 m

Cash From Operating Activities

60.1 m43.4 m53.4 m47.3 m

Purchases of PP&E

(234 m)(61.8 m)(345.8 m)(242.7 m)

Cash From Investing Activities

(179.2 m)

Long-term Borrowings

(560.4 m)(874.7 m)(647.3 m)(452 m)

Cash From Financing Activities

123.2 m150.9 m

Interest Paid

10.4 m8.8 m8.4 m10.4 m

Income Taxes Paid

2.4 m4.7 m5 m5.4 m
USDY, 2016

Revenue/Employee

215.1 k

Financial Leverage

9.1 x

MainSource Financial Group Market Value History

MainSource Financial Group Online and Social Media Presence

MainSource Financial Group Company Life and Culture

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