MutualFirst Financial

MutualFirst Financial, Inc. (MutualFirst) is the bank holding company of MutualBank (MutualBank or the Bank). The Bank offers financial services through approximately 30 full service retail financial center offices in Allen, Delaware, Elkhart, Grant, Kosciusko, Randolph, Saint Joseph and Wabash counties in Indiana. MutualBank also has trust offices in Carmel and Crawfordsville, Indiana and a loan origination office in New Buffalo, Michigan. The Bank has a subsidiary, Summit Mortgage, Inc., that operates a mortgage banking firm in Fort Wayne, Indiana. In addition, it originates residential mortgage and commercial loans. MutualWealth and MutualFinancial Advisors are the wealth management and brokerage divisions of the Bank that provide a range of fee-based financial services, including trust, investment, insurance, broker advisory, retirement plan and private banking services, in its market areas.
Type
Public
HQ
Muncie, US
Founded
1889
Size (employees)
391 (est)
MutualFirst Financial was founded in 1889 and is headquartered in Muncie, US

MutualFirst Financial Office Locations

MutualFirst Financial has an office in Muncie
Muncie, US (HQ)
110 E Charles St

MutualFirst Financial Data and Metrics

MutualFirst Financial Financial Metrics

MutualFirst Financial's revenue was reported to be $73.2 m in FY, 2016 which is a 6% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

73.2 m

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

6%

Net income (FY, 2016)

13.2 m

EBIT (FY, 2016)

43.7 m

Market capitalization (24-May-2017)

244.6 m

Closing share price (24-May-2017)

33.6

Cash (31-Dec-2016)

26.9 m
MutualFirst Financial's current market capitalization is $244.6 m.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

65.2 m66.1 m68.9 m73.2 m

Revenue growth, %

1%4%6%

Operating expense total

39.7 m41.4 m43.1 m45.5 m

EBIT

39.1 m41.4 m42.8 m43.7 m

EBIT margin, %

60%63%62%60%

Interest expense

11.2 m8.9 m8.8 m9.2 m

Pre tax profit

13 m14.9 m16.8 m17.6 m

Income tax expense

3.8 m3.9 m4.6 m4.4 m

Net Income

9.2 m11 m12.3 m13.2 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

25.3 m29.6 m20.9 m26.9 m

Accounts Receivable

Inventories

PP&E

31.5 m30.9 m31 m21.2 m

Goodwill

1.8 m1.8 m1.8 m

Total Assets

1.4 b1.4 b1.5 b1.6 b

Accounts Payable

Additional Paid-in Capital

74.9 m77.4 m74.2 m

Retained Earnings

41.7 m50.2 m58.1 m67.1 m

Total Equity

111.6 m127.5 m137 m140 m

Financial Leverage

12.5 x11.2 x10.8 x11.1 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

9.2 m11 m12.3 m13.2 m

Depreciation and Amortization

5.8 m4.1 m4.5 m5 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

21.6 m12 m16.1 m18.6 m

Cash From Investing Activities

5.6 m(21.8 m)(67.7 m)(76.6 m)

Long-term Borrowings

(287.1 m)(444.2 m)

Cash From Financing Activities

(34.7 m)14 m42.9 m64 m

Interest Paid

11.1 m8.9 m8.8 m9.1 m
Numbers are in $, USDY, 2016

Revenue/Employee

187.3 k

Financial Leverage

11.1 x

MutualFirst Financial Market Value History

MutualFirst Financial Online and Social Media Presence

MutualFirst Financial Company Life and Culture

You may also be interested in