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MutualFirst Financial operates as the bank holding company for the MutualBank that provides various financial services to individuals, and small and mid-sized businesses. It accepts various deposits and offers lending of different types. The Company operates as an insurance agent and sells insurance products. It also provides trust, investment, broker advisory, retirement plan, and private banking products and services.

HQWarren, PA, US
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2018)485(+25%)
Revenue (FY, 2019)$24.9 M(+28%)
Share Price (Apr 2020)$24.9
Cybersecurity ratingAMore

Key People/Management at MutualFirst Financial

Torey Cook

Torey Cook

VP, Trust Officer
Judy Widmer

Judy Widmer

VP, Trust Officer
David Riggs

David Riggs

VP, Trust Investment Officer
Jenny Butler

Jenny Butler

VP, Trust Officer
Ray Lombardi

Ray Lombardi

AVP, Retirement Plan Services
Susan Smith

Susan Smith

AVP, Trust Officer
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MutualFirst Financial Office Locations

MutualFirst Financial has an office in Warren
Warren, PA, US (HQ)
100 Liberty St
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MutualFirst Financial Financials and Metrics

MutualFirst Financial Revenue

MutualFirst Financial's revenue was reported to be $24.92 m in FY, 2019

Revenue (FY, 2019)


Net income (FY, 2019)


Market capitalization (30-Apr-2020)


Closing stock price (30-Apr-2020)


Cash (31-Dec-2019)

MutualFirst Financial's current market capitalization is $214.1 m.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019



Revenue growth, %


Cost of goods sold


Gross profit

USDQ2, 2011

Financial Leverage

10.5 x
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MutualFirst Financial Operating Metrics

MutualFirst Financial's Total Loans was reported to be $1.2b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches


Non-performing Loans

$7.44 m$7.17 m$5.38 m

Total Loans

$1.02 b$1.03 b$1.04 b$1.06 b$1.08 b$1.09 b$1.11 b$1.14 b$1.17 b$1.17 b$1.19 b
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MutualFirst Financial Cybersecurity Score

Cybersecurity ratingPremium dataset



SecurityScorecard logo

MutualFirst Financial Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset


out of 100

CSRHub logo

MutualFirst Financial Online and Social Media Presence

Embed Graph

MutualFirst Financial News and Updates

Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether MutualFirst Financial, Inc. has obtained a Fair Price in its sale to Northwest Bancshares, Inc.

MILWAUKEE, Oct. 29, 2019 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating MutualFirst (Nasdaq:MFSF) for possible breaches of fiduciary duty and other violations of the law in connection with the sale of MutualFirst to Northwest. Click here to learn how to join the action:...

Northwest Bancshares, Inc. enters attractive Indiana markets through merger with MutualFirst Financial, Inc.

Immediately Accretive to EPS; Complementary Operations and Culture; Expansion into Attractive Midwest Market.read more

MutualFirst Financial Holds Annual Meeting

MUNCIE, Ind., May 2, 2019 /PRNewswire/ -- MutualFirst Financial, Inc. (NASDAQ: MFSF), the holding company for MutualBank, held its twentieth annual meeting of stockholders at the Bank's headquarters on May 1, 2019. It was the 130th annual meeting for MutualBank. The company acted on four...

MutualFirst Financial, Inc. Announces Stock Repurchase Program

MUNCIE, Ind., Jan. 18, 2019 /PRNewswire/ -- MutualFirst Financial, Inc. has announced its intention today to repurchase up to 430,000 shares or approximately 5% of its outstanding shares in the open market and in privately negotiated transactions. These shares will be purchased from time...

MutualFirst Financial Announces Annual Meeting Date

MUNCIE, Ind., Jan. 17, 2019 /PRNewswire/ -- MutualFirst Financial, Inc. (NASDAQ: MFSF), will hold its annual meeting of stockholders at the Bank's headquarters at 110 E. Charles Street, Muncie, Indiana on Wednesday, May 1, 2019 at 3:00 p.m. local time. The Record Date for voting has been...

MutualFirst Financial, Inc. Declares An 11% Increase In Cash Dividend

MUNCIE, Ind., Nov. 15, 2018 /PRNewswire/ -- MutualFirst Financial, Inc. (NASDAQ:MFSF), the holding company of MutualBank, has announced the Company will pay a cash dividend of $.20 per share for the fourth quarter of 2018. This dividend represents a 11% increase. The dividend will be...
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MutualFirst Financial Frequently Asked Questions

  • When was MutualFirst Financial founded?

    MutualFirst Financial was founded in 1889.

  • Who are MutualFirst Financial key executives?

    MutualFirst Financial's key executives are Torey Cook, Judy Widmer and David Riggs.

  • How many employees does MutualFirst Financial have?

    MutualFirst Financial has 485 employees.

  • What is MutualFirst Financial revenue?

    Latest MutualFirst Financial annual revenue is $24.9 m.

  • What is MutualFirst Financial revenue per employee?

    Latest MutualFirst Financial revenue per employee is $51.4 k.

  • Who are MutualFirst Financial competitors?

    Competitors of MutualFirst Financial include Bank of America, Orrstown Financial Services and Wayne Savings.

  • Where is MutualFirst Financial headquarters?

    MutualFirst Financial headquarters is located at 100 Liberty St, Warren.

  • Where are MutualFirst Financial offices?

    MutualFirst Financial has an office in Warren.

  • How many offices does MutualFirst Financial have?

    MutualFirst Financial has 1 office.