MidWestOne Financial Group

The Company operates through its bank subsidiaries, MidWestOne Bank, Central Bank and MidWestOne Insurance Services, Inc. MidWestOne Bank and Central Bank provide service retail banking in the communities in which their respective branch offices are located. Its deposit products include checking and other demand deposit accounts, negotiable order of withdrawal accounts, savings accounts, certificates of deposit, individual retirement accounts, non-interest-bearing demand deposits and money market accounts. MidWestOne Bank and Central Bank offer commercial and industrial, agricultural, real estate mortgage and consumer loans. Other products and services include debit cards, automated teller machines, online banking, mobile banking and safe deposit boxes. The principal service consists of making loans to and accepting deposits from individuals, businesses, governmental units and institutional customers.
Type
Public
HQ
Belle Plaine, US
Founded
1934
Size (employees)
587 (est)-9%
MidWestOne Financial Group was founded in 1934 and is headquartered in Belle Plaine, US

MidWestOne Financial Group Office Locations

MidWestOne Financial Group has offices in Belle Plaine, Burlington, Cedar Falls, Centerville
Belle Plaine, US (HQ)
802 13th St
Centerville, US
7111 21st Ave N
Cedar Falls, US
4510 Prairie Pkwy
Burlington, US
3225 Division St

MidWestOne Financial Group Metrics

MidWestOne Financial Group Financial Metrics

Revenue (2016)

$112.3 m

Revenue growth (2015-16), %

12%

Gross profit

$99.6 m

Gross profit margin (2016), %

89%

Net income (2016)

$20.4 m

Market capitalization (21-Mar-2017)

$394.3 m

Closing share price (21-Mar-2017)

$34.5

Cash (31-Dec-2016)

$43.2 m
MidWestOne Financial Group's current market capitalization is $394.3 m.
MidWestOne Financial Group's revenue was reported to be $112.3 m in FY, 2016 which is a 11.5% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$66.1 m$64.4 m$100.7 m$112.3 m

Revenue growth, %

(3%)56%12%

Cost of goods sold

$12.1 m$9.6 m$10.6 m$12.7 m

Gross profit

$54 m$54.9 m$90.1 m$99.6 m

Gross profit Margin, %

82%85%89%89%

Operating expense total

$42.1 m$43.4 m$73.2 m$87.8 m

EBIT

$52.6 m$53.7 m$84.9 m$91.6 m

EBIT margin, %

80%83%84%82%

Pre tax profit

$25.3 m$25.6 m$32.9 m$27.3 m

Income tax expense

$6.6 m$7 m$7.8 m$6.9 m

Net Income

$18.6 m$18.5 m$25.1 m$20.4 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$24.9 m$23.4 m$47.1 m$43.2 m

Accounts Receivable

$10.4 m$10.9 m$13.7 m$13.9 m

Inventories

PP&E

$27.7 m$37.8 m$76.2 m$75 m

Goodwill

$64.5 m$64.7 m

Total Assets

$1.8 b$1.8 b$3 b$3.1 b

Accounts Payable

$765 k$863 k$1.5 m$1.5 m

Additional Paid-in Capital

$80.5 m$80.5 m$163.5 m$163.7 m

Retained Earnings

$91.5 m$105.1 m$123.9 m$137 m

Total Equity

$296.2 m$305.5 m

Financial Leverage

10.1 x10.1 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$18.6 m$18.5 m$8.2 m$8.2 m

Depreciation and Amortization

$663 k$547 k$3.3 m$4 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$28.3 m$23.3 m$32.7 m$38.2 m

Cash From Investing Activities

($5.4 m)($47.4 m)$5 m($123.6 m)

Long-term Borrowings

$2.5 m$5 m

Dividends Paid

($4.3 m)($4.9 m)($6.3 m)($7.3 m)

Cash From Financing Activities

($45.2 m)$22.7 m($14 m)$81.5 m

Interest Paid

$10 m$12.8 m

Income Taxes Paid

$7.7 m$8 m

MidWestOne Financial Group Market Value History

MidWestOne Financial Group Online Presence

MidWestOne Financial Group Company Life

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