MidWestOne Financial Group (MOFG) Competitors

$21.35
-0.10 (-0.47%)
(As of 05/3/2024 ET)

MOFG vs. EBTC, WTBA, BSRR, CZNC, CCNE, BMRC, THFF, WASH, CCBG, and FMNB

Should you be buying MidWestOne Financial Group stock or one of its competitors? The main competitors of MidWestOne Financial Group include Enterprise Bancorp (EBTC), West Bancorporation (WTBA), Sierra Bancorp (BSRR), Citizens & Northern (CZNC), CNB Financial (CCNE), Bank of Marin Bancorp (BMRC), First Financial (THFF), Washington Trust Bancorp (WASH), Capital City Bank Group (CCBG), and Farmers National Banc (FMNB). These companies are all part of the "regional banks" industry.

MidWestOne Financial Group vs.

Enterprise Bancorp (NASDAQ:EBTC) and MidWestOne Financial Group (NASDAQ:MOFG) are both small-cap finance companies, but which is the superior investment? We will compare the two companies based on the strength of their community ranking, valuation, institutional ownership, dividends, earnings, profitability, media sentiment, analyst recommendations and risk.

Enterprise Bancorp has a beta of 0.6, indicating that its share price is 40% less volatile than the S&P 500. Comparatively, MidWestOne Financial Group has a beta of 0.97, indicating that its share price is 3% less volatile than the S&P 500.

Enterprise Bancorp has higher earnings, but lower revenue than MidWestOne Financial Group. Enterprise Bancorp is trading at a lower price-to-earnings ratio than MidWestOne Financial Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enterprise Bancorp$218.66M1.42$38.06M$2.918.70
MidWestOne Financial Group$268.04M1.25$20.86M$1.4414.83

MidWestOne Financial Group has a consensus price target of $24.13, suggesting a potential upside of 13.00%. Given Enterprise Bancorp's higher possible upside, analysts clearly believe MidWestOne Financial Group is more favorable than Enterprise Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enterprise Bancorp
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
MidWestOne Financial Group
0 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Enterprise Bancorp received 28 more outperform votes than MidWestOne Financial Group when rated by MarketBeat users. Likewise, 67.89% of users gave Enterprise Bancorp an outperform vote while only 53.12% of users gave MidWestOne Financial Group an outperform vote.

CompanyUnderperformOutperform
Enterprise BancorpOutperform Votes
241
67.89%
Underperform Votes
114
32.11%
MidWestOne Financial GroupOutperform Votes
213
53.12%
Underperform Votes
188
46.88%

38.9% of Enterprise Bancorp shares are held by institutional investors. Comparatively, 65.4% of MidWestOne Financial Group shares are held by institutional investors. 21.7% of Enterprise Bancorp shares are held by insiders. Comparatively, 2.8% of MidWestOne Financial Group shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Enterprise Bancorp has a net margin of 15.80% compared to Enterprise Bancorp's net margin of 7.78%. MidWestOne Financial Group's return on equity of 11.47% beat Enterprise Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Enterprise Bancorp15.80% 11.47% 0.80%
MidWestOne Financial Group 7.78%5.52%0.44%

In the previous week, MidWestOne Financial Group had 9 more articles in the media than Enterprise Bancorp. MarketBeat recorded 11 mentions for MidWestOne Financial Group and 2 mentions for Enterprise Bancorp. MidWestOne Financial Group's average media sentiment score of 1.56 beat Enterprise Bancorp's score of 0.36 indicating that Enterprise Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enterprise Bancorp
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
MidWestOne Financial Group
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Neutral

Enterprise Bancorp pays an annual dividend of $0.96 per share and has a dividend yield of 3.8%. MidWestOne Financial Group pays an annual dividend of $0.97 per share and has a dividend yield of 4.5%. Enterprise Bancorp pays out 33.0% of its earnings in the form of a dividend. MidWestOne Financial Group pays out 67.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Enterprise Bancorp has increased its dividend for 6 consecutive years and MidWestOne Financial Group has increased its dividend for 13 consecutive years. MidWestOne Financial Group is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Enterprise Bancorp beats MidWestOne Financial Group on 11 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MOFG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MOFG vs. The Competition

MetricMidWestOne Financial GroupState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$336.26M$2.36B$9.37B$7.70B
Dividend Yield4.52%4.27%5.87%3.96%
P/E Ratio14.8312.1350.0318.88
Price / Sales1.252.033,399.1793.69
Price / Cash6.918.4827.5435.73
Price / Book0.641.033.194.36
Net Income$20.86M$414.19M$1.00B$214.85M
7 Day Performance4.61%1.93%0.86%2.26%
1 Month Performance-5.11%1.63%-0.14%-2.17%
1 Year Performance13.87%25.30%13.74%11.29%

MidWestOne Financial Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EBTC
Enterprise Bancorp
3.7412 of 5 stars
$24.43
+0.8%
N/A-5.9%$300M$218.66M7.88570Positive News
WTBA
West Bancorporation
1.2592 of 5 stars
$16.83
+0.1%
$21.50
+27.7%
+7.0%$281.57M$170.37M11.69181
BSRR
Sierra Bancorp
4.3343 of 5 stars
$19.96
+5.4%
$21.50
+7.7%
+34.1%$277.29M$118.16M8.46491Positive News
CZNC
Citizens & Northern
3.788 of 5 stars
$17.88
-0.6%
$21.00
+17.4%
+1.0%$274.99M$137.92M11.39404Analyst Downgrade
CCNE
CNB Financial
4.5532 of 5 stars
$19.25
+0.3%
$22.00
+14.3%
+12.9%$403.47M$218.14M8.09765
BMRC
Bank of Marin Bancorp
2.8958 of 5 stars
$15.74
+1.7%
$22.00
+39.8%
+12.6%$256.56M$144.48M12.69329Earnings Report
Dividend Announcement
Analyst Report
Analyst Revision
News Coverage
THFF
First Financial
3.9853 of 5 stars
$37.21
+0.9%
$43.00
+15.6%
+18.8%$439.45M$271.10M7.31861Analyst Report
WASH
Washington Trust Bancorp
2.6028 of 5 stars
$26.46
+2.8%
N/A+7.7%$450.61M$364.80M9.42665Gap Up
CCBG
Capital City Bank Group
4.3347 of 5 stars
$27.18
+0.3%
$34.67
+27.5%
-5.6%$460.51M$223.61M8.47970
FMNB
Farmers National Banc
1.376 of 5 stars
$12.63
+1.4%
$15.33
+21.4%
+11.5%$474.26M$255.20M9.43666Positive News

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This page (NASDAQ:MOFG) was last updated on 5/5/2024 by MarketBeat.com Staff

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