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.
Company Growth (employees)
Type
Public
HQ
Muncie, US
Founded
1889
Size (employees)
395 (est)+2%
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.
USD

Revenue (FY, 2016)

73.2 m

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

6%

Gross profit (FY, 2016)

64 m

Gross profit margin (FY, 2016), %

87%

Net income (FY, 2016)

13.2 m

EBIT (FY, 2016)

43.7 m

Market capitalization (21-Sep-2017)

276.9 m

Cash (31-Dec-2016)

26.9 m

EV

490.6 m
MutualFirst Financial's current market capitalization is $276.9 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

65.2 m66.1 m68.9 m73.2 m

Revenue growth, %

1%4%6%

Cost of goods sold

9.2 m

Gross profit

64 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

25.3 m29.6 m20.9 m26.9 m

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
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

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)
USDY, 2016

EV/EBIT

11.2 x

EV/CFO

26.4 x

Revenue/Employee

187.3 k

Debt/Equity

1.7 x

Debt/Assets

0.2 x

Financial Leverage

11.1 x
Show all financial metrics

MutualFirst Financial Operating Metrics

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

Bank Branches

303130

Total Loans Issued

$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

Non-performing Loans

$7.44 m$7.17 m$5.38 m
Show all operating metrics

MutualFirst Financial Market Value History

Traffic Overview of MutualFirst Financial

MutualFirst Financial Online and Social Media Presence

MutualFirst Financial Company Life and Culture

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