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 Metrics

MutualFirst Financial Financial Metrics

Revenue (2016)

$73.2 m

Revenue growth (2015-16), %

6%

Net income (2016)

$13.2 m

Market capitalization (21-Mar-2017)

$238.8 m

Closing share price (21-Mar-2017)

$32.6

Cash (31-Dec-2016)

$26.9 m
MutualFirst Financial's current market capitalization is $238.8 m.
MutualFirst Financial's revenue was reported to be $73.2 m in FY, 2016 which is a 6.3% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$65.2 m$66.1 m$68.9 m$73.2 m

Revenue growth, %

1%4%6%

Operating expense total

$39.7 m$41.4 m$43.1 m$45.5 m

EBIT

$39.1 m$41.4 m$42.8 m$43.7 m

EBIT margin, %

60%63%62%60%

Interest expense

$11.2 m$8.9 m$8.8 m$9.2 m

Pre tax profit

$13 m$14.9 m$16.8 m$17.6 m

Income tax expense

$3.8 m$3.9 m$4.6 m$4.4 m

Net Income

$9.2 m$11 m$12.3 m$13.2 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$25.3 m$29.6 m$20.9 m$26.9 m

Accounts Receivable

Inventories

PP&E

$31.5 m$30.9 m$31 m$21.2 m

Goodwill

$1.8 m$1.8 m$1.8 m

Total Assets

$1.4 b$1.4 b$1.5 b$1.6 b

Accounts Payable

Additional Paid-in Capital

$74.9 m$77.4 m$74.2 m

Retained Earnings

$41.7 m$50.2 m$58.1 m$67.1 m

Total Equity

$111.6 m$127.5 m$137 m$140 m

Financial Leverage

12.5 x11.2 x10.8 x11.1 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$9.2 m$11 m$12.3 m$13.2 m

Depreciation and Amortization

$5.8 m$4.1 m$4.5 m$5 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$21.6 m$12 m$16.1 m$18.6 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)

Interest Paid

$11.1 m$8.9 m$8.8 m$9.1 m

MutualFirst Financial Market Value History

MutualFirst Financial Online Presence

MutualFirst Financial Company Life

You may also be interested in