Is MidWestOne Financial Group, Inc. overvalued or undervalued?

As of 24 October 2025, the valuation grade for MidWestOne Financial Group, Inc. moved from fair to expensive, indicating that the stock is overvalued. The company exhibits a Price to Book Value of 1.08, an EV to Capital Employed of 1.11, and a Dividend Yield of 1.86%. Compared to its peers, Five Star Bancorp has a P/E ratio of 13.58, while Mid Penn Bancorp, Inc. shows a P/E of 12.76, both suggesting that MidWestOne is trading at a premium relative to these companies.
The company's financial metrics reveal significant challenges, including a negative ROE of -8.35% and a ROCE of -19.99%, which further support the overvaluation verdict. Although specific return data is not available, the absence of positive returns against the S&P 500 reinforces the notion that the stock may not be a favorable investment at its current price of 39.54.