MidWestOne Financial Group Inc (MOFG) Files 10-K for the Fiscal Year Ended on December 31, 2018

MidWestOne Financial Group Inc (MOFG, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. MidWestOne Financial Group Inc is a bank holding company. The company through its subsidiary provides commercial and retail lending services to individuals, businesses, governmental units and institutional customers in central and east-central Iowa. MidWestOne Financial Group Inc has a market cap of $368.330 million; its shares were traded at around $30.24 with a P/E ratio of 12.19 and P/S ratio of 2.89. The dividend yield of MidWestOne Financial Group Inc stocks is 2.61%.

For the last quarter MidWestOne Financial Group Inc reported a revenue of $32.4 million, compared with the revenue of $31.95 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $128.8 million, an increase of 1.8% from last year. For the last five years MidWestOne Financial Group Inc had an average revenue growth rate of 15.4% a year.

The reported diluted earnings per share was $2.48 for the year, an increase of 60% from previous year. Over the last five years MidWestOne Financial Group Inc had an average EPS decline of 2% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, MidWestOne Financial Group Inc has the cash and cash equivalents of $45.5 million, compared with $50.3 million in the previous year. The long term debt was $167.4 million, compared with $151.3 million in the previous year. MidWestOne Financial Group Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $30.24, MidWestOne Financial Group Inc is traded at close to its historical median P/S valuation band of $27.79. The P/S ratio of the stock is 2.89, while the historical median P/S ratio is 2.65. The stock lost 8.56% during the past 12 months.

For the complete 20-year historical financial data of MOFG, click here.