MidWestOne Financial Group Inc (MOFG) - Total Assets
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. See MidWestOne Financial Group Inc net assets for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see market value of MidWestOne Financial Group Inc.
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 |
|---|---|---|
|
Bank of Guiyang Co Ltd
SHG:601997
|
China | CN¥746.59 Billion |
|
Vestjysk Bank A/S
CO:VJBA
|
Denmark | Dkr50.22 Billion |
|
VersaBank
TO:VBNK
|
Canada | CA$6.15 Billion |
|
Bank Agris Tbk
JK:AGRS
|
Indonesia | Rp22.51 Trillion |
|
RMB Holdings Ltd
JSE:RMH
|
South Africa | ZAC720.00 Million |
|
Bank Tabungan Pensiunan Nasional Syariah PT
JK:BTPS
|
Indonesia | Rp21.66 Trillion |
|
Banco Bradesco DRC
BA:BBD
|
Argentina | AR$2.20 Trillion |
|
Grupo Financiero Galicia S.A.
BA:GGAL
|
Argentina | AR$42.00 Trillion |
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 | 0.16 |
| Asset Growth Rate (YoY) | -3.0% |
| Total Assets | $6.24 Billion |
| Market Capitalization | $1.02 Billion USD |
Valuation Analysis
Below Book Valuation: The market values MidWestOne Financial Group Inc's assets below their book value (0.16x), 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 | -- |
About 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