MidWestOne Financial Group Inc
MidWestOne Financial Group, Inc. operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers. The company offers various deposit products, including noninterest bearing and interest bearing demand deposits, demand and interest checking, savings, money market, … Read more
MidWestOne Financial Group Inc (MOFG) - Total Assets
Latest total assets as of September 2025: $6.25 Billion USD
Based on the latest financial reports, MidWestOne Financial Group Inc (MOFG) holds total assets worth $6.25 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
MidWestOne Financial Group Inc - Total Assets Trend (1994–2024)
This chart illustrates how MidWestOne Financial Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MidWestOne Financial Group Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
MidWestOne Financial Group Inc's total assets of $6.25 Billion consist of 25.1% current assets and 74.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.3% |
| Accounts Receivable | $34.75 Million | 0.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $37.25 Million | 0.6% |
| Goodwill | $69.79 Million | 1.1% |
Asset Composition Trend (1994–2024)
This chart illustrates how MidWestOne Financial Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MidWestOne Financial Group Inc's current assets represent 25.1% of total assets in 2024, an increase from 5.2% in 1994.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2024, down from 4.1% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1994.
- Asset Diversification: The largest asset category is goodwill at 1.1% of total assets.
MidWestOne Financial Group Inc Competitors by Total Assets
Key competitors of MidWestOne Financial Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
MidWestOne Financial Group Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - MidWestOne Financial Group Inc generates 0.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - MidWestOne Financial Group Inc is currently not profitable relative to its asset base.
MidWestOne Financial Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.27 | 0.35 | 0.37 |
| Quick Ratio | 0.27 | 0.35 | 0.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.00 Billion | $ -3.52 Billion | $ -3.02 Billion |
MidWestOne Financial Group Inc - Advanced Valuation Insights
This section examines the relationship between MidWestOne Financial Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.68 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | -3.0% |
| Total Assets | $6.24 Billion |
| Market Capitalization | $789.10 Million USD |
Valuation Analysis
Below Book Valuation: The market values MidWestOne Financial Group Inc's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: MidWestOne Financial Group Inc's assets decreased by 3.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for MidWestOne Financial Group Inc (1994–2024)
The table below shows the annual total assets of MidWestOne Financial Group Inc from 1994 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $6.24 Billion | -2.97% |
| 2023-12-31 | $6.43 Billion | -2.29% |
| 2022-12-31 | $6.58 Billion | +9.17% |
| 2021-12-31 | $6.03 Billion | +8.43% |
| 2020-12-31 | $5.56 Billion | +19.41% |
| 2019-12-31 | $4.65 Billion | +41.38% |
| 2018-12-31 | $3.29 Billion | +2.47% |
| 2017-12-31 | $3.21 Billion | +4.31% |
| 2016-12-31 | $3.08 Billion | +3.34% |
| 2015-12-31 | $2.98 Billion | +65.53% |
| 2014-12-31 | $1.80 Billion | +2.57% |
| 2013-12-31 | $1.76 Billion | -2.10% |
| 2012-12-31 | $1.79 Billion | +5.76% |
| 2011-12-31 | $1.70 Billion | +7.21% |
| 2010-12-31 | $1.58 Billion | +3.03% |
| 2009-12-31 | $1.53 Billion | +1.71% |
| 2008-12-31 | $1.51 Billion | +114.96% |
| 2007-12-31 | $701.98 Million | -5.76% |
| 2006-12-31 | $744.91 Million | +10.14% |
| 2005-12-31 | $676.33 Million | +3.96% |
| 2004-12-31 | $650.56 Million | +4.37% |
| 2003-12-31 | $623.31 Million | +15.90% |
| 2002-12-31 | $537.78 Million | -1.47% |
| 2001-12-31 | $545.79 Million | +5.94% |
| 2000-12-31 | $515.21 Million | +5.97% |
| 1999-12-31 | $486.19 Million | +62.93% |
| 1998-12-31 | $298.40 Million | +8.55% |
| 1997-12-31 | $274.90 Million | +9.13% |
| 1996-12-31 | $251.90 Million | +22.79% |
| 1995-12-31 | $205.14 Million | +9.87% |
| 1994-12-31 | $186.71 Million | -- |