MidWestOne Financial Group
MOFG
$20.41
Share price
-2.76%
Change (1 day)
-0.97%
Change (1 year)
Categories
Operating Margin for MidWestOne Financial Group (MOFG)
Operating Margin as of April 2024 (TTM): 30.37%
According to MidWestOne Financial Group 's latest financial reports and stock price the company's current Operating Margin is 30.37%. At the end of 2021 the company had an Operating Margin of 45.02%.
Operating Margin history for MidWestOne Financial Group from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 45.02% | 547.49% |
| 2020 | 6.95% | -75.78% |
| 2019 | 28.70% | -2.65% |
| 2018 | 29.48% | 28.33% |
| 2017 | 22.98% | 3.78% |
| 2016 | 22.14% | -25.2% |
| 2015 | 29.60% | -18.72% |
| 2014 | 36.42% | -0.94% |
| 2013 | 36.76% | 15.22% |
| 2012 | 31.91% | 13.03% |
| 2011 | 28.23% | 31.33% |
| 2010 | 21.49% | 198.03% |
| 2009 | 7.21% | -113.23% |
| 2008 | -54.53% | -270.98% |
| 2007 | 31.89% | 4.28% |
| 2006 | 30.58% | -3.31% |
| 2005 | 31.63% | 0.42% |
| 2004 | 31.50% | -6.91% |
| 2003 | 33.84% | -6.61% |
| 2002 | 36.23% | 23.78% |
| 2001 | 29.27% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Wells Fargo WFC | 23.13% | -23.84% | 🇺🇸 USA |
 West Bancorporation WTBA | 0.00% | N/A | 🇺🇸 USA |
 UMB Financial UMBF | 33.77% | 11.20% | 🇺🇸 USA |
 QCR Holdings
QCRH | 36.09% | 18.83% | 🇺🇸 USA |
 Enterprise Financial Services Corp EFSC | 48.56% | 59.89% | 🇺🇸 USA |
 Commerce Bancshares
CBSH | 41.06% | 35.20% | 🇺🇸 USA |
 Great Southern Bancorp GSBC | 40.75% | 34.18% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.