Midwestone Financial Group (MOFG) AI Stock Analysis

• Market Cap: $628.85M
• Dividend Yield: 3.19%
• Average Volume (3M): 113.65K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.99
• Revenue Growth: -35.26%
• EPS Growth: -305.96%
• Country: US
• Employees: 757
• Sector: Financial
• Sector Strength: 73
• Industry: Banks - Regional
• EPS (TTM): 0.48
• Shares Outstanding: 20,706,266
• 10 Day Avg. Volume: 95,496
• 30 Day Avg. Volume: 113,653
• PEG Ratio: 0.02
• Price to Book (P/B): 0.89
• Price to Sales (P/S): 2.41
• P/FCF Ratio: 8.16
• Enterprise Value/Market Cap: 1.01
• Enterprise Value/Revenue: 3.01
• Enterprise Value/Gross Profit: 8.30
• Enterprise Value/Ebitda: -9.98
• 1Y Price Target: $34.50
• Price Target Upside: 17.23% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 56 Neutral
• Price Target: $30.00 ▲(1.94% Upside)

MidWestOne Financial Group's overall stock score reflects significant financial challenges, particularly in profitability and revenue growth. While technical indicators and valuation present a neutral to slightly negative outlook, the earnings call and corporate events provide some positive sentiment and strategic optimism. The company's ability to manage expenses and focus on strategic initiatives offers a potential path to improvement.

Positive Factors

Loan and Interest Income Growth

The company's strong loan and interest income growth indicates effective lending strategies and improved profitability, supporting long-term financial health.

Wealth Management and SBA Performance

Growth in wealth management and SBA performance enhances revenue diversification and positions the company well in the competitive financial services sector.

New Talent Acquisition

Acquiring new talent in key markets strengthens the company's operational capabilities and supports future growth and market expansion.

Negative Factors

Significant CRE Loan Issue

The CRE loan issue highlights potential weaknesses in credit risk management, which could affect asset quality and financial stability.

Decline in Total Assets

A decline in total assets may indicate challenges in asset management and could impact the company's ability to leverage growth opportunities.

Deposit Challenges

Flat or declining deposits can limit the company's funding capacity and affect its ability to support loan growth and other financial services.

Midwestone Financial Group Business Overview & Revenue Model

Company Description

Midwestone Financial Group (MOFG) is a financial services holding company based in the Midwest United States, primarily engaged in providing a wide range of banking and financial services. The company operates through its subsidiaries, which include community banks and investment management firms, offering products such as personal and commercial banking, mortgage loans, wealth management, and insurance services. MOFG is dedicated to serving its customers with a focus on community involvement and personalized financial solutions.

How the Company Makes Money

Midwestone Financial Group generates revenue primarily through interest income from loans and investments, as well as non-interest income from fees for various financial services. Key revenue streams include interest earned on commercial and consumer loans, mortgage originations, and deposits. Additionally, MOFG earns non-interest income through wealth management services, insurance commissions, and service fees associated with deposit accounts. The company may also benefit from partnerships with other financial institutions or businesses that enhance its service offerings and customer reach, contributing to its overall financial performance.

Midwestone Financial Group Financial Statement Overview

Summary

MidWestOne Financial Group faces several financial challenges, particularly in profitability and revenue growth. While the balance sheet remains stable with low leverage, the income statement highlights operational and profitability issues. Cash flow remains a strength, with consistent positive free cash flow providing some stability. Overall, the company needs to address revenue and profitability decline to improve its financial health.

Income Statement

The income statement reveals some challenges for MidWestOne Financial Group. Gross profit margin is stable, but the net profit margin is negative for the TTM (Trailing-Twelve-Months), indicating losses. The revenue growth rate is declining, with a decrease in total revenue over recent periods. EBIT margin is also negative, highlighting operational inefficiencies. The negative EBITDA margin further underscores financial difficulties.

Balance Sheet

The balance sheet presents a mixed picture. The debt-to-equity ratio is relatively low, suggesting manageable leverage. However, the return on equity (ROE) is negative due to the net loss, indicating poor profitability. The equity ratio is consistent, reflecting stability in the capital structure despite recent earnings challenges.

Cash Flow

Cash flow analysis shows some resilience. The operating cash flow to net income ratio is strong, indicating good cash conversion despite net losses. Free cash flow is positive and stable, which is a positive aspect. However, the free cash flow growth rate shows little change, reflecting stagnant cash generation capacity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	211.62M	206.03M	268.04M	244.28M	219.22M	223.41M
Gross Profit	76.60M	60.51M	156.75M	209.38M	206.07M	163.22M
EBITDA	-63.74M	-76.29M	37.41M	86.76M	91.04M	17.88M
Net Income	-48.42M	-60.29M	20.86M	60.84M	69.49M	6.62M
Balance Sheet
Total Assets	6.25B	6.24B	6.43B	6.58B	6.03B	5.56B
Cash, Cash Equivalents and Short-Term Investments	1.56B	1.53B	871.37M	1.24B	2.49B	1.74B
Total Debt	112.88M	116.56M	138.56M	531.08M	336.25M	439.48M
Total Liabilities	5.67B	5.68B	5.90B	6.09B	5.50B	5.04B
Stockholders Equity	579.63M	559.70M	524.38M	492.79M	527.48M	515.25M
Cash Flow
Free Cash Flow	59.98M	60.78M	58.52M	87.67M	109.54M	7.03M
Operating Cash Flow	62.27M	63.18M	62.57M	90.33M	111.55M	9.16M
Investing Cash Flow	386.10M	312.30M	129.73M	-273.27M	-428.32M	-867.44M
Financing Cash Flow	-295.23M	-252.32M	-197.01M	65.55M	437.94M	867.46M

Midwestone Financial Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 29.43
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MOFG, the sentiment is Positive. The current price of 29.43 is below the 20-day moving average (MA) of 29.44, above the 50-day MA of 29.02, and above the 200-day MA of 29.09, indicating a neutral trend. The MACD of 0.36 indicates Positive momentum. The RSI at 51.70 is Neutral, neither overbought nor oversold. The STOCH value of 30.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MOFG.

Midwestone Financial Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FSBC	81 Outperform	$704.29M	13.50	13.01%	2.44%	20.43%	1.84%
MCB	78 Outperform	$833.81M	12.96	9.72%	0.19%	9.96%	-0.17%
HTB	76 Outperform	$722.26M	12.06	10.60%	0.88%	2.03%	4.81%
SMBC	74 Outperform	$651.10M	11.12	11.29%	1.67%	11.79%	17.30%
CCBG	73 Outperform	$744.61M	12.79	11.69%	2.26%	9.68%	13.46%
Sector *	68 Neutral	$17.85B	11.54	9.95%	3.76%	9.70%	1.08%
MOFG	56 Neutral	$628.85M	―	-9.58%	3.19%	-35.26%	-305.96%

Midwestone Financial Group Corporate Events

Midwestone Financial Redeems $65M Subordinated Notes

On July 30, 2025, MidWestOne Financial Group, Inc. redeemed its $65.0 million 5.75% Fixed-to-Floating Rate Subordinated Notes due 2030. This redemption was completed using a combination of cash on hand and proceeds from a $50.0 million senior term note, which closed on July 29, 2025, and is structured with a 5-year maturity and 7-year amortization, bearing interest at a floating rate.

The most recent analyst rating on (MOFG) stock is a Buy with a $39.00 price target. To see the full list of analyst forecasts on Midwestone Financial Group stock, see the MOFG Stock Forecast page.

MidWestOne Financial Group Plans Q3 Investor Presentations

MidWestOne Financial Group announced that its executive officers will present to institutional investors during the third quarter of 2025. This initiative aims to engage with investors and provide insights into the company’s operations and financial performance. The presentations are part of MidWestOne’s efforts to strengthen its market position and communicate its growth strategies to stakeholders.

The most recent analyst rating on (MOFG) stock is a Buy with a $39.00 price target. To see the full list of analyst forecasts on Midwestone Financial Group stock, see the MOFG Stock Forecast page.

Midwestone Financial Group Announces Board Resignation and Dividend

On July 22, 2025, Dr. Azeemuddin Ahmed resigned from the Board of Directors of MidWestOne Financial Group and its subsidiary, MidWestOne Bank, without any disagreements with the company. The same day, the Board amended the company’s bylaws to allow flexibility in extending a director’s service and declared a cash dividend of $0.2425 per common share, payable on September 16, 2025. MidWestOne Financial Group reported a 15% increase in pre-tax, pre-provision net revenue for the second quarter of 2025, with a net income of $10 million despite a credit loss expense due to a single commercial real estate office credit. The company saw improvements in its criticized loans ratio and allowance for credit losses ratio, and it continues to focus on strategic initiatives to enhance its community banking services.

The most recent analyst rating on (MOFG) stock is a Buy with a $39.00 price target. To see the full list of analyst forecasts on Midwestone Financial Group stock, see the MOFG Stock Forecast page.

Midwestone Financial Group to Release Q2 2025 Results

On July 11, 2025, MidWestOne Financial Group, Inc. announced it will release its second quarter 2025 financial results after market close on July 24, 2025. A conference call to discuss these results will be held on July 25, 2025, at 11:00 a.m. Central Time. This announcement is significant for stakeholders as it provides an opportunity to gain insights into the company’s recent activities and financial performance, potentially impacting its market positioning and investor relations.

The most recent analyst rating on (MOFG) stock is a Hold with a $36.00 price target. To see the full list of analyst forecasts on Midwestone Financial Group stock, see the MOFG Stock Forecast page.