Charles Funk - MidWestOne Financial CEO

MOFG Stock  USD 21.45  0.10  0.47%   

CEO

Mr. Charles N. Funk is President, Chief Executive Officer, Director of the Company. He is the President and Chief Executive Officer of the Company and the Bank. He joined the Bank in these same roles in November 2000. Prior to that, he held positions as President and Central Region Manager and Chief Investment Officer for Brenton BankDes Moines. Mr. Funk has taught for the Colorado Graduate School of Banking in Boulder, Colorado, the Iowa School of Banking, and the Stonier Graduate School of Banking at Georgetown University. He has served on the board of Folience and the American Bankers Association and was the Chairman of the Iowa Bankers Association in 2010 and 2011
Age 63
Address 102 South Clinton Street, Iowa City, IA, United States, 52240
Phone319 356 5800
Webhttps://www.midwestonefinancial.com/corporate-prof
Funk graduated with a Bachelor’s degree from William Jewell College.

MidWestOne Financial Management Efficiency

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 Non Currrent Assets Other 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 81.4 M. 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 company 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. Debt can assist MidWestOne Financial until it has trouble settling it off, either with new capital or with free cash flow. So, MidWestOne Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MidWestOne Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MidWestOne to invest in growth at high rates of return. When we think about MidWestOne Financial's use of debt, we should always consider it together with 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.
Kurt Weise, Director
Charles Funk, CEO and President Director, CEO of MidWestOne Bank and President of MidWestOne Bank and Director of MidWestOne Bank
Heather DeStefano, Senior Innovation
John Ruppel, Chief Officer
William Ruud, Director
Karin Taylor, Vice President
Douglas Greeff, Director
Scott Zaiser, Independent Director
James Cantrell, Chief Risk Officer, VP, Chief Risk Officer of MidWestOne Bank and Sr. VP of MidWestOne Bank
Gary Ortale, CFO, Principal Accounting Officer, Executive VP, CFO of MidWestOne Bank and Executive VP of MidWestOne Bank
Ruth Stanoch, Director
Kevin Kramer, COO
John Morrison, Chairman of the Board
Barry Ray, CFO, Principal Financial Officer and Principal Accounting Officer
Gregory Turner, Exec Communications
Susan Moore, Senior Officer
Mitchell Cook, Senior Regional President - Minnesota and Wisconsin markets
Susan Evans, COO and COO of MidWestOne Bank
Len Devaisher, President COO
Nathaniel Kaeding, Independent Director
Richard Donohue, Independent Director
Joe Haselen, Regional Area
Kevin Monson, Chairman of the Board
Jennifer Hauschildt, Director
Charles Reeves, CEO Director
Katie Lorenson, Vice President
Gary Sims, Senior Vice President - Credit Administration
David Lindstrom, Senior Vice President - Retail Banking
Chase Stafford, VP Banking
Kent Jehle, Chief Credit Officer, Executive VP, Chief Credit Officer of Midwestone Bank and Executive VP of Midwestone Bank
Michael Hatch, Director
Richard Hartig, Director
Robert Latham, Independent Director
Douglas True, Independent Director
Timothy Heth, VP Officer
Tracy McCormick, Independent Director
Richard Schwab, Director
Stephen West, Independent Director
Larry Albert, Director

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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MidWestOne Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MidWestOne Financial's short interest history, or implied volatility extrapolated from MidWestOne Financial options trading.

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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 tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the MidWestOne Financial information on this page should be used as a complementary analysis to other MidWestOne Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running MidWestOne Financial's price analysis, check to measure MidWestOne Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MidWestOne Financial is operating at the current time. Most of MidWestOne Financial's value examination focuses on studying past and present price action to predict the probability of MidWestOne Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MidWestOne Financial's price. Additionally, you may evaluate how the addition of MidWestOne Financial to your portfolios can decrease your overall portfolio volatility.
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Is MidWestOne Financial's industry 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
(0.83)
Dividend Share
0.97
Earnings Share
1.33
Revenue Per Share
9.998
Quarterly Revenue Growth
(0.34)
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.