Midwestone Financial Group Stock Net Income
| MOFG Stock | USD 21.62 0.29 1.36% |
MidWestOne Financial Group fundamentals help investors to digest information that contributes to MidWestOne Financial's financial success or failures. It also enables traders to predict the movement of MidWestOne Stock. The fundamental analysis module provides a way to measure MidWestOne Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MidWestOne Financial stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 20.9 M | 16.1 M | |
| Net Income Applicable To Common Shares | 70 M | 73.5 M | |
| Net Income From Continuing Ops | 34.1 M | 32.6 M | |
| Net Income Per Share | 1.33 | 1.20 | |
| Net Income Per E B T | 0.84 | 0.58 |
MidWestOne | Net Income |
MidWestOne Financial Group Company Net Income Analysis
MidWestOne Financial's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current MidWestOne Financial Net Income | 20.86 M |
Most of MidWestOne Financial's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MidWestOne Financial Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MidWestOne Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for MidWestOne Financial is extremely important. It helps to project a fair market value of MidWestOne Stock properly, considering its historical fundamentals such as Net Income. Since MidWestOne Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MidWestOne Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MidWestOne Financial's interrelated accounts and indicators.
MidWestOne Net Income Historical Pattern
Today, most investors in MidWestOne Financial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various MidWestOne Financial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of MidWestOne Financial net income as a starting point in their analysis.
MidWestOne Financial Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
MidWestOne Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, MidWestOne Financial Group reported net income of 20.86 M. This is 98.37% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 96.35% higher than that of the company.
MidWestOne Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MidWestOne Financial's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MidWestOne Financial could also be used in its relative valuation, which is a method of valuing MidWestOne Financial by comparing valuation metrics of similar companies.MidWestOne Financial is currently under evaluation in net income category among related companies.
MidWestOne Financial Current Valuation Drivers
We derive many important indicators used in calculating different scores of MidWestOne Financial from analyzing MidWestOne Financial's financial statements. These drivers represent accounts that assess MidWestOne Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of MidWestOne Financial's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 303.4M | 538.7M | 513.9M | 496.9M | 421.9M | 238.9M | |
| Enterprise Value | 425.3M | 836.5M | 646.3M | 941.5M | 763.7M | 801.9M |
MidWestOne Financial ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, MidWestOne Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to MidWestOne Financial's managers, analysts, and investors.Environmental | Governance | Social |
MidWestOne Financial Institutional Holders
Institutional Holdings refers to the ownership stake in MidWestOne Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of MidWestOne Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing MidWestOne Financial's value.| Shares | American Century Companies Inc | 2024-03-31 | 127.2 K | Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 119.5 K | Thrivent Financial For Lutherans | 2023-12-31 | 112.4 K | Bridgeway Capital Management, Llc | 2023-12-31 | 108.5 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 88.1 K | Bank Of New York Mellon Corp | 2023-12-31 | 84.3 K | Goldman Sachs Group Inc | 2023-12-31 | 80 K | Pinnacle Holdings, Llc | 2023-12-31 | 72.4 K | Prudential Financial Inc | 2024-03-31 | 60.7 K | Midwestone Financial Group, Inc. | 2023-12-31 | 4.2 M | Blackrock Inc | 2023-12-31 | 1.3 M |
MidWestOne Fundamentals
| Return On Equity | 0.0442 | |||
| Return On Asset | 0.0035 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.21 % | |||
| Current Valuation | 781.49 M | |||
| Shares Outstanding | 15.76 M | |||
| Shares Owned By Insiders | 8.72 % | |||
| Shares Owned By Institutions | 69.97 % | |||
| Number Of Shares Shorted | 93.47 K | |||
| Price To Earning | 18.60 X | |||
| Price To Book | 0.62 X | |||
| Price To Sales | 2.07 X | |||
| Revenue | 249.61 M | |||
| Gross Profit | 209.38 M | |||
| EBITDA | 24.83 M | |||
| Net Income | 20.86 M | |||
| Cash And Equivalents | 100.08 M | |||
| Cash Per Share | 6.41 X | |||
| Total Debt | 423.56 M | |||
| Debt To Equity | 0.16 % | |||
| Book Value Per Share | 33.52 X | |||
| Cash Flow From Operations | 62.57 M | |||
| Short Ratio | 2.44 X | |||
| Earnings Per Share | 1.45 X | |||
| Price To Earnings To Growth | 2.52 X | |||
| Target Price | 25.1 | |||
| Number Of Employees | 732 | |||
| Beta | 0.97 | |||
| Market Capitalization | 336.06 M | |||
| Total Asset | 6.43 B | |||
| Retained Earnings | 294.78 M | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 2.94 % | |||
| Net Asset | 6.43 B | |||
| Last Dividend Paid | 0.97 |
About MidWestOne Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MidWestOne Financial Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MidWestOne Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MidWestOne Financial Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether MidWestOne Financial is a strong investment it is important to analyze MidWestOne Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MidWestOne Financial's future performance. For an informed investment choice regarding MidWestOne Stock, refer to the following important reports:Check out MidWestOne Financial Piotroski F Score and MidWestOne Financial Altman Z Score analysis. Note that the MidWestOne Financial information on this page should be used as a complementary analysis to other MidWestOne Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for MidWestOne Stock analysis
When running MidWestOne Financial's price analysis, check to measure MidWestOne Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MidWestOne Financial is operating at the current time. Most of MidWestOne Financial's value examination focuses on studying past and present price action to predict the probability of MidWestOne Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MidWestOne Financial's price. Additionally, you may evaluate how the addition of MidWestOne Financial to your portfolios can decrease your overall portfolio volatility.
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Is MidWestOne Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MidWestOne Financial. If investors know MidWestOne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MidWestOne Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.329 | Dividend Share 0.97 | Earnings Share 1.45 | Revenue Per Share 10.285 | Quarterly Revenue Growth 0.134 |
The market value of MidWestOne Financial is measured differently than its book value, which is the value of MidWestOne that is recorded on the company's balance sheet. Investors also form their own opinion of MidWestOne Financial's value that differs from its market value or its book value, called intrinsic value, which is MidWestOne Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MidWestOne Financial's market value can be influenced by many factors that don't directly affect MidWestOne Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MidWestOne Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if MidWestOne Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MidWestOne Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.