MOFG
MidWestOne Financial Group Inc
NASDAQ: MOFG · FINANCIAL SERVICES · BANKS - REGIONAL
$49.31
+0.00% today
Updated 2026-04-30
Market cap
$1.02B
P/E ratio
14.72
P/S ratio
4.59x
EPS (TTM)
$3.35
Dividend yield
2.01%
52W range
$26 – $50
Volume
0.6M
MidWestOne Financial Group Inc (MOFG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $44.51M | $42.88M | $47.11M | $81.94M | $88.28M | $86.60M | $83.48M | $84.85M | $80.83M | $79.72M | $121.92M | $135.76M | $141.68M | $151.32M | $213.69M | $223.41M | $219.22M | $244.28M | $249.61M | $206.03M |
| Revenue growth (YoY) | — | -3.7% | +9.9% | +73.9% | +7.7% | -1.9% | -3.6% | +1.6% | -4.7% | -1.4% | +52.9% | +11.4% | +4.4% | +6.8% | +41.2% | +4.5% | -1.9% | +11.4% | +2.2% | -17.5% |
| Cost of revenue | $15.89M | $17.31M | $19.54M | $34.76M | $35.97M | $29.07M | $23.13M | $18.33M | $13.48M | $10.75M | $15.78M | $20.70M | $32.48M | $30.14M | $45.95M | $60.19M | $13.15M | $34.89M | $18.41M | $145.52M |
| Gross profit | $28.61M | $25.57M | $27.57M | $47.18M | $52.31M | $57.53M | $60.35M | $66.52M | $67.34M | $68.97M | $106.14M | $115.06M | $109.20M | $121.18M | $167.74M | $163.22M | $206.07M | $209.38M | $249.61M | $60.51M |
| Gross margin | 64.3% | 59.6% | 58.5% | 57.6% | 59.3% | 66.4% | 72.3% | 78.4% | 83.3% | 86.5% | 87.1% | 84.7% | 77.1% | 80.1% | 78.5% | 73.1% | 94.0% | 85.7% | 100.0% | 29.4% |
| R&D | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $10.83M | $10.08M | $10.93M | $23.36M | $28.24M | $26.02M | $24.81M | $31.91M | $25.66M | $25.88M | $43.26M | $51.18M | $49.13M | $51.29M | $66.35M | $68.25M | $71.51M | $79.76M | $85.64M | $86.44M |
| Operating income | $9.20M | $7.89M | $8.95M | $-25.01M | $4.33M | $13.53M | $17.92M | $21.75M | $25.25M | $25.55M | $32.94M | $27.25M | $29.07M | $37.97M | $50.20M | $13.32M | $89.48M | $76.60M | $24.83M | $-83.99M |
| Operating margin | 20.7% | 18.4% | 19.0% | -30.5% | 4.9% | 15.6% | 21.5% | 25.6% | 31.2% | 32.1% | 27.0% | 20.1% | 20.5% | 25.1% | 23.5% | 6.0% | 40.8% | 31.4% | 9.9% | -40.8% |
| EBITDA | $11.96M | $9.16M | $10.28M | $-21.81M | $10.17M | $19.27M | $23.24M | $27.17M | $30.41M | $28.27M | $39.52M | $35.67M | $37.60M | $47.01M | $52.95M | $17.88M | $91.04M | $86.76M | $24.83M | $-76.29M |
| EBITDA margin | 26.9% | 21.4% | 21.8% | -26.6% | 11.5% | 22.3% | 27.8% | 32.0% | 37.6% | 35.5% | 32.4% | 26.3% | 26.5% | 31.1% | 24.8% | 8.0% | 41.5% | 35.5% | 9.9% | -37.0% |
| EBIT | $9.20M | $7.89M | $8.95M | $-25.01M | $4.33M | $13.53M | $17.92M | $21.75M | $25.25M | $25.55M | $32.97M | $27.25M | $29.17M | $37.97M | $50.20M | $13.32M | $89.48M | $76.60M | $24.83M | $-83.99M |
| Interest expense | $15.43M | $16.76M | $19.04M | $30.39M | $28.24M | $23.12M | $19.78M | $15.95M | $12.13M | $9.55M | $10.65M | $12.72M | $15.14M | $22.84M | $38.79M | $31.82M | $20.48M | $30.40M | $105.44M | $136.74M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $6.09M | $5.80M | $6.65M | $-24.56M | $4.41M | $10.13M | $13.31M | $16.53M | $18.61M | $18.52M | $25.12M | $20.39M | $18.70M | $30.35M | $43.63M | $6.62M | $69.49M | $60.84M | $20.86M | $-60.29M |
| Net income growth (YoY) | — | -4.8% | +14.7% | -469.5% | +118.0% | +129.8% | +31.4% | +24.2% | +12.5% | -0.5% | +35.6% | -18.8% | -8.3% | +62.3% | +43.8% | -84.8% | +949.2% | -12.4% | -65.7% | -389.0% |
| Profit margin | 13.7% | 13.5% | 14.1% | -30.0% | 5.0% | 11.7% | 15.9% | 19.5% | 23.0% | 23.2% | 20.6% | 15.0% | 13.2% | 20.1% | 20.4% | 3.0% | 31.7% | 24.9% | 8.4% | -29.3% |