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Side-by-side financial comparison of MidWestOne Financial Group, Inc. (MOFG) and Turning Point Brands, Inc. (TPB). Click either name above to swap in a different company.

Turning Point Brands, Inc. is the larger business by last-quarter revenue ($121.0M vs $61.3M, roughly 2.0× MidWestOne Financial Group, Inc.). MidWestOne Financial Group, Inc. runs the higher net margin — 27.8% vs 6.8%, a 21.0% gap on every dollar of revenue. On growth, MidWestOne Financial Group, Inc. posted the faster year-over-year revenue change (35.9% vs 29.2%). Turning Point Brands, Inc. produced more free cash flow last quarter ($21.5M vs $16.7M). Over the past eight quarters, MidWestOne Financial Group, Inc.'s revenue compounded faster (37.2% CAGR vs 20.7%).

MidWestOne Financial Group, Inc. is a bank holding company headquartered in Iowa City, Iowa. The bank operates 56 branches. It is the 3rd largest bank headquartered in Iowa. It operates in Iowa, Minnesota, Wisconsin, Colorado, and Florida.

Turning Point Australia (TPAUS) is a conservative lobby group based in Australia, affiliated with Turning Point USA but independent of it. Founded by Joel Jammal and first registered in 2023, the group has become active in trying to influence the outcome of the 2026 South Australian state election in March 2026.

MOFG vs TPB — Head-to-Head

Bigger by revenue
TPB
TPB
2.0× larger
TPB
$121.0M
$61.3M
MOFG
Growing faster (revenue YoY)
MOFG
MOFG
+6.8% gap
MOFG
35.9%
29.2%
TPB
Higher net margin
MOFG
MOFG
21.0% more per $
MOFG
27.8%
6.8%
TPB
More free cash flow
TPB
TPB
$4.8M more FCF
TPB
$21.5M
$16.7M
MOFG
Faster 2-yr revenue CAGR
MOFG
MOFG
Annualised
MOFG
37.2%
20.7%
TPB

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
MOFG
MOFG
TPB
TPB
Revenue
$61.3M
$121.0M
Net Profit
$17.0M
$8.2M
Gross Margin
55.9%
Operating Margin
35.1%
16.5%
Net Margin
27.8%
6.8%
Revenue YoY
35.9%
29.2%
Net Profit YoY
117.8%
239.8%
EPS (diluted)
$0.82
$0.40

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MOFG
MOFG
TPB
TPB
Q4 25
$121.0M
Q3 25
$61.3M
$119.0M
Q2 25
$60.2M
$116.6M
Q1 25
$57.6M
$106.4M
Q4 24
$48.9M
$93.7M
Q3 24
$37.5M
$90.7M
Q2 24
$57.9M
$93.2M
Q1 24
$44.5M
$83.1M
Net Profit
MOFG
MOFG
TPB
TPB
Q4 25
$8.2M
Q3 25
$17.0M
$21.1M
Q2 25
$10.0M
$14.5M
Q1 25
$15.1M
$14.4M
Q4 24
$16.3M
$2.4M
Q3 24
$-95.7M
$12.4M
Q2 24
$15.8M
$13.0M
Q1 24
$3.3M
$12.0M
Gross Margin
MOFG
MOFG
TPB
TPB
Q4 25
55.9%
Q3 25
59.2%
Q2 25
57.1%
Q1 25
56.0%
Q4 24
56.0%
Q3 24
55.6%
Q2 24
54.1%
Q1 24
58.2%
Operating Margin
MOFG
MOFG
TPB
TPB
Q4 25
16.5%
Q3 25
35.1%
21.8%
Q2 25
20.9%
22.6%
Q1 25
34.0%
21.8%
Q4 24
43.1%
19.1%
Q3 24
-347.0%
22.9%
Q2 24
36.0%
24.5%
Q1 24
9.5%
23.2%
Net Margin
MOFG
MOFG
TPB
TPB
Q4 25
6.8%
Q3 25
27.8%
17.7%
Q2 25
16.6%
12.4%
Q1 25
26.3%
13.5%
Q4 24
33.4%
2.6%
Q3 24
-255.1%
13.6%
Q2 24
27.3%
14.0%
Q1 24
7.3%
14.5%
EPS (diluted)
MOFG
MOFG
TPB
TPB
Q4 25
$0.40
Q3 25
$0.82
$1.13
Q2 25
$0.48
$0.79
Q1 25
$0.73
$0.79
Q4 24
$1.30
$0.15
Q3 24
$-6.05
$0.68
Q2 24
$1.00
$0.68
Q1 24
$0.21
$0.63

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MOFG
MOFG
TPB
TPB
Cash + ST InvestmentsLiquidity on hand
$222.8M
Total DebtLower is stronger
$98.0M
Stockholders' EquityBook value
$606.1M
$372.0M
Total Assets
$6.2B
$763.8M
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MOFG
MOFG
TPB
TPB
Q4 25
$222.8M
Q3 25
$201.2M
Q2 25
$109.9M
Q1 25
$99.6M
Q4 24
$48.9M
Q3 24
$33.6M
Q2 24
$142.2M
Q1 24
$130.9M
Total Debt
MOFG
MOFG
TPB
TPB
Q4 25
Q3 25
$98.0M
Q2 25
$112.3M
Q1 25
$111.4M
Q4 24
$113.4M
Q3 24
$115.1M
Q2 24
$114.8M
Q1 24
$122.1M
Stockholders' Equity
MOFG
MOFG
TPB
TPB
Q4 25
$372.0M
Q3 25
$606.1M
$358.2M
Q2 25
$589.0M
$224.8M
Q1 25
$579.6M
$203.4M
Q4 24
$559.7M
$190.4M
Q3 24
$562.2M
$185.7M
Q2 24
$543.3M
$172.8M
Q1 24
$528.0M
$160.0M
Total Assets
MOFG
MOFG
TPB
TPB
Q4 25
$763.8M
Q3 25
$6.2B
$742.8M
Q2 25
$6.2B
$595.8M
Q1 25
$6.3B
$564.6M
Q4 24
$6.2B
$493.4M
Q3 24
$6.6B
$488.0M
Q2 24
$6.6B
$591.6M
Q1 24
$6.7B
$586.3M
Debt / Equity
MOFG
MOFG
TPB
TPB
Q4 25
Q3 25
0.16×
Q2 25
0.19×
Q1 25
0.19×
Q4 24
0.20×
Q3 24
0.20×
Q2 24
0.21×
Q1 24
0.23×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MOFG
MOFG
TPB
TPB
Operating Cash FlowLast quarter
$17.7M
$24.9M
Free Cash FlowOCF − Capex
$16.7M
$21.5M
FCF MarginFCF / Revenue
27.3%
17.8%
Capex IntensityCapex / Revenue
1.5%
2.8%
Cash ConversionOCF / Net Profit
1.04×
3.03×
TTM Free Cash FlowTrailing 4 quarters
$109.6M
$43.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MOFG
MOFG
TPB
TPB
Q4 25
$24.9M
Q3 25
$17.7M
$3.3M
Q2 25
$24.9M
$11.8M
Q1 25
$8.7M
$17.4M
Q4 24
$63.2M
$17.7M
Q3 24
$-2.8M
$13.2M
Q2 24
$25.2M
$13.4M
Q1 24
$9.6M
$22.6M
Free Cash Flow
MOFG
MOFG
TPB
TPB
Q4 25
$21.5M
Q3 25
$16.7M
$-721.0K
Q2 25
$23.8M
$7.8M
Q1 25
$8.3M
$15.2M
Q4 24
$60.8M
$16.6M
Q3 24
$-3.0M
$12.6M
Q2 24
$24.6M
$10.9M
Q1 24
$9.1M
$22.3M
FCF Margin
MOFG
MOFG
TPB
TPB
Q4 25
17.8%
Q3 25
27.3%
-0.6%
Q2 25
39.5%
6.7%
Q1 25
14.4%
14.3%
Q4 24
124.2%
17.8%
Q3 24
-7.9%
13.9%
Q2 24
42.5%
11.7%
Q1 24
20.4%
26.8%
Capex Intensity
MOFG
MOFG
TPB
TPB
Q4 25
2.8%
Q3 25
1.5%
3.4%
Q2 25
1.9%
3.4%
Q1 25
0.7%
2.1%
Q4 24
4.9%
1.2%
Q3 24
0.6%
0.7%
Q2 24
1.1%
2.7%
Q1 24
1.2%
0.4%
Cash Conversion
MOFG
MOFG
TPB
TPB
Q4 25
3.03×
Q3 25
1.04×
0.16×
Q2 25
2.50×
0.82×
Q1 25
0.57×
1.21×
Q4 24
3.87×
7.34×
Q3 24
1.07×
Q2 24
1.60×
1.03×
Q1 24
2.93×
1.89×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MOFG
MOFG

Segment breakdown not available.

TPB
TPB

US$111.5M92%
Non Us$9.6M8%

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