Company Quick10K Filing
Mutualfirst Financial
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 9 $277
10-K 2020-03-12 Annual: 2019-12-31
10-Q 2019-11-06 Quarter: 2019-09-30
10-Q 2019-08-08 Quarter: 2019-06-30
10-Q 2019-05-09 Quarter: 2019-03-31
10-K 2019-03-15 Annual: 2018-12-31
10-Q 2018-11-08 Quarter: 2018-09-30
10-Q 2018-08-08 Quarter: 2018-06-30
10-Q 2018-05-09 Quarter: 2018-03-31
10-K 2018-03-15 Annual: 2017-12-31
10-Q 2017-11-08 Quarter: 2017-09-30
10-Q 2017-08-09 Quarter: 2017-06-30
10-Q 2017-05-10 Quarter: 2017-03-31
10-K 2017-03-16 Annual: 2016-12-31
10-Q 2016-11-09 Quarter: 2016-09-30
10-Q 2016-08-09 Quarter: 2016-06-30
10-Q 2016-05-10 Quarter: 2016-03-31
10-K 2016-03-15 Annual: 2015-12-31
10-Q 2015-11-09 Quarter: 2015-09-30
10-Q 2015-08-05 Quarter: 2015-06-30
10-Q 2015-05-11 Quarter: 2015-03-31
10-K 2015-03-13 Annual: 2014-12-31
10-Q 2014-11-10 Quarter: 2014-09-30
10-Q 2014-08-04 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-03-14 Annual: 2013-12-31
10-Q 2013-11-12 Quarter: 2013-09-30
10-Q 2013-08-09 Quarter: 2013-06-30
10-Q 2013-05-15 Quarter: 2013-03-31
10-K 2013-03-22 Annual: 2012-12-31
10-Q 2012-11-14 Quarter: 2012-09-30
10-Q 2012-08-14 Quarter: 2012-06-30
10-Q 2012-05-14 Quarter: 2012-03-31
10-K 2012-03-16 Annual: 2011-12-31
10-Q 2011-11-10 Quarter: 2011-09-30
10-Q 2011-08-11 Quarter: 2011-06-30
10-Q 2011-05-16 Quarter: 2011-03-31
10-K 2011-03-16 Annual: 2010-12-31
10-Q 2010-11-15 Quarter: 2010-09-30
10-Q 2010-08-13 Quarter: 2010-06-30
10-Q 2010-05-17 Quarter: 2010-03-31
10-K 2010-03-18 Annual: 2009-12-31
8-K 2020-03-06 Shareholder Vote, Exhibits
8-K 2020-02-13 Other Events, Exhibits
8-K 2020-01-31 Earnings, Exhibits
8-K 2019-11-21 Other Events, Exhibits
8-K 2019-10-29 Enter Agreement, Regulation FD, Exhibits
8-K 2019-10-21
8-K 2019-10-18
8-K 2019-08-22 Other Events, Exhibits
8-K 2019-07-23 Earnings, Exhibits
8-K 2019-07-01 Enter Agreement, Officers, Exhibits
8-K 2019-05-02 Other Events, Exhibits
8-K 2019-05-02 Shareholder Vote, Regulation FD, Other Events, Exhibits
8-K 2019-04-23 Earnings, Exhibits
8-K 2019-02-21 Other Events, Exhibits
8-K 2019-01-30 Earnings, Exhibits
8-K 2019-01-18 Other Events, Exhibits
8-K 2019-01-17 Other Events, Exhibits
8-K 2018-11-15 Other Events, Exhibits
8-K 2018-10-25 Earnings, Exhibits
8-K 2018-08-16 Other Events, Exhibits
8-K 2018-08-01 Regulation FD, Exhibits
8-K 2018-07-25 Earnings, Exhibits
8-K 2018-07-24 Regulation FD, Exhibits
8-K 2018-05-04 Shareholder Vote, Regulation FD, Other Events, Exhibits
8-K 2018-05-04 Other Events, Exhibits
8-K 2018-04-27 Earnings, Exhibits
8-K 2018-03-16 Enter Agreement, Exhibits
8-K 2018-02-28 M&A, Officers, Other Events, Exhibits
8-K 2018-02-22 Other Events, Exhibits
8-K 2018-02-02 Earnings, Exhibits
8-K 2018-01-19 Other Events, Exhibits
8-K 2018-01-03 Other Events

Mutualfirst Financial Financials

MFSF Metrics, Comps, Filings

Annual | Quarterly

Business

MutualFirst Financial, Inc., a Maryland corporation (“MutualFirst” or the “Company”), is the sole owner of MutualBank (“MutualBank” or the “Bank”). The Bank is an Indiana commercial bank regulated by the Indiana Department of Financial Institutions (“IDFI”) and the Federal Deposit Insurance Corporation (“FDIC”). MutualFirst is a bank holding company subject to regulation by the Board of Governors of the Federal Reserve System (“FRB”). The words “we,” “our” and “us” in this Form 10‑K refer to MutualFirst and MutualBank on a consolidated basis, unless indicated otherwise herein.

At December 31, 2018, we had total assets of $2.0 billion, loans of $1.5 billion, deposits of $1.5 billion and stockholders’ equity of $202.4 million. Our executive offices are located at 110 E. Charles Street, Muncie, Indiana 47305‑2400. Our common stock is traded on the Nasdaq Global Market under the symbol “MFSF.” For more general information about our business, and other 2018 material transactions and results, see “Item 7 - Management’s Discussion and Analysis of Financial Condition and Results of Operation - Overview and Significant Events in 2018.”

· statements of our goals, intentions and expectations;


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Marlin Business Services (MRLN) 300 0% 2.7 2% 1,247 1,039 12 0 25 59 160
Republic First Bancorp (FRBK) 265 0% 8.6 0% 3,086 2,835 6 0 1 31 265
SmartFinancial (SMBK) 305 2.8 1% 2,390 2,084 0 0 20 48 134
Central Valley Community Bancorp (CVCY) 293 8.9 1% 1,584 1,351 0 0 17 28 250
Howard Bancorp (HBMD) 312 0% 9.3 0% 2,293 1,985 2 0 11 36 340
CapStar Financial (CSTR) 281 0% 2.7 1% 2,034 1,766 7 0 16 47 127
Pacific City Financial (PCB) 276 0% 2.3 2% 1,699 1,475 2 0 27 66 154
Mutualfirst Financial (MFSF) 276 5.9 1% 2,074 1,852 0 0 17 41 244
Southern First Bancshares (SFST) 275 0% 3.1 1% 2,202 2,003 8 0 21 45 140
First Bancorp (FNLC) 299 5.1 1% 2,033 1,825 0 0 25 57 288
Baycom (BCML) 265 -2.9 1% 1,771 1,530 0 0 13 25 -72
FVCBankcorp (FVCB) 243 7.5 1% 1,565 1,390 0 0 12 30 223
Reliant Bancorp (RBNC) 270 0% 6.0 1% 1,852 1,633 1 0 16 37 219
ACNB (ACNB) 244 6.8 1% 1,736 1,550 0 0 19 29 199
Parke Bank (PKBK) 247 2.0 1% 1,598 1,425 0 0 23 47 96
Orrstown Financial (ORRF) 253 7.4 1% 2,314 2,090 0 0 13 36 265
AMES National (ATLO) 265 9.0 1% 1,500 1,314 0 0 13 26 232
First Choice Bancorp (FCBP) 258 0% 1.8 1% 1,656 1,397 2 0 22 43 78
National Bankshares (NKSH) 262 0% 15.1 1% 1,273 1,085 5 0 13 17 262
Fidelity D&D Bancorp (FDBC) 236 10.2 1% 1,011 907 0 0 12 21 217

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash552122223
Accounts Receivable
Inventory
PP&E3232525131212226
Assets1,4271521231381471443892,049
Accounts Payable
Long-Term Debt444
Liabilities1,2951,28311101041,4391,847
Stockholders' Equity133139112128137140150202
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A12111112
Tax0-0223373
Net Income3791112131219
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating3253033112027
Cash Investing-10-286-22-0-0-41-76
Cash Financing10-3-32-2-2-132255