David Lindstrom - MidWestOne Financial Senior Vice President - Retail Banking

MOFG Stock  USD 33.70  0.95  2.90%   

President

Mr. David Lindstrom serves as Senior Vice President Retail Banking of the Company. Lindstrom joins MidWest One after most recently serving nearly four years as the Market President of the Minneapoliswest market for BMO Harris Bank in Minneapolis. At BMO Harris, Lindstrom was responsible for retail, premier, and small business banking in various roles over the past six years. Prior to the acquisition by BMO Harris, Lindstrom spent twenty two years at MI Bank in various roles to include corporate leader of retail banking and Senior Vice President in regional and district manager capacities. He brings significant experience to MidWest One Bank in the areas of retail leadership, business development and customer relationship management. Lindstrom is a graduate of University of Wisconsin, Madison, and currently resides in Minneapolis, Minnesota. He is on the Board of Directors of the Minneapolis Chamber of Commerce and Board of Directors, Minnesota Home Ownership Center. since 2018.
Age 57
Tenure 6 years
Address 102 South Clinton Street, Iowa City, IA, United States, 52240
Phone319 356 5800
Webhttps://www.midwestonefinancial.com/corporate-prof

MidWestOne Financial Management Efficiency

The company has return on total asset (ROA) of (0.0114) % which means that it has lost $0.0114 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1384) %, meaning that it created substantial loss on money invested by shareholders. MidWestOne Financial's management efficiency ratios could be used to measure how well MidWestOne Financial manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to 0. The current Return On Capital Employed is estimated to decrease to 0.01. At this time, MidWestOne Financial's Other Assets are most likely to increase significantly in the upcoming years. The MidWestOne Financial's current Intangible Assets is estimated to increase to about 39.3 M, while Total Current Assets are projected to decrease to roughly 77.6 M.
MidWestOne Financial Group currently holds 423.56 M in liabilities with Debt to Equity (D/E) ratio of 0.16, which may suggest the company is not taking enough advantage from borrowing. Note, when we think about MidWestOne Financial's use of debt, we should always consider it together with its cash and equity.

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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. MidWestOne Financial Group, Inc. was incorporated in 1983 and is headquartered in Iowa City, Iowa. Midwestone Fnl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 731 people. MidWestOne Financial Group (MOFG) is traded on NASDAQ Exchange in USA. It is located in 102 South Clinton Street, Iowa City, IA, United States, 52240 and employs 732 people. MidWestOne Financial is listed under Regional Banks category by Fama And French industry classification.

Management Performance

MidWestOne Financial Leadership Team

Elected by the shareholders, the MidWestOne Financial's board of directors comprises two types of representatives: MidWestOne Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MidWestOne. The board's role is to monitor MidWestOne Financial's management team and ensure that shareholders' interests are well served. MidWestOne Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MidWestOne Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Len Devaisher, President COO
Heather DeStefano, Senior Innovation
John Ruppel, Chief Officer
Joe Haselen, Regional Area
Charles Reeves, CEO Director
Gary Sims, Senior Vice President - Credit Administration
Elda MBA, Senior Officer
James Cantrell, Chief Risk Officer, VP, Chief Risk Officer of MidWestOne Bank and Sr. VP of MidWestOne Bank
David Lindstrom, Senior Vice President - Retail Banking
Barry CPA, CFO VP
Chase Stafford, VP Banking
Steven Heimermann, Executive Management
Sing Ho, Executive Officer
Barry Ray, CFO, Principal Financial Officer and Principal Accounting Officer
Gregory Turner, Exec Communications
Timothy Heth, VP Officer
Susan Moore, Senior Officer

MidWestOne Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MidWestOne Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether MidWestOne Financial is a strong investment it is important to analyze MidWestOne Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MidWestOne Financial's future performance. For an informed investment choice regarding MidWestOne Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MidWestOne Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MidWestOne Financial. If investors know MidWestOne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MidWestOne Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.083
Dividend Share
0.97
Earnings Share
(4.69)
Revenue Per Share
2.328
Quarterly Revenue Growth
0.284
The market value of MidWestOne Financial is measured differently than its book value, which is the value of MidWestOne that is recorded on the company's balance sheet. Investors also form their own opinion of MidWestOne Financial's value that differs from its market value or its book value, called intrinsic value, which is MidWestOne Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MidWestOne Financial's market value can be influenced by many factors that don't directly affect MidWestOne Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MidWestOne Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if MidWestOne Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MidWestOne Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.