MidWestOne Financial Group

MidWestOne Financial Group, Inc. is a financial holding company, focuses on delivering relationship-based business and personal banking products and services through its bank subsidiary, MidWestOne Bank. The Bank provides commercial loans, real estate loans, agricultural loans, credit card loans, and consumer loans. It also provides deposit products including demand and interest checking accounts, savings accounts, money market accounts, and time deposits. The Bank also provides products and services including treasury management, Zelle, online and mobile banking, debit cards, ATMs, and safe deposit boxes. It offers its products and services primarily through its full-service branch network, including 34 branches located throughout central and eastern Iowa, 13 branches located principally in the Minneapolis-St. Paul metropolitan area of Minnesota, seven branches in western Wisconsin, one branch in each of Naples and Fort Myers, Florida, and one branch in Denver, Colorado. MidWestOne Financial Group was founded in 1983 and is headquartered in Iowa City, IA.

Earnings data Q1 2021

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MidWestOne Financial Group (MOFG) excels in Q4 2022 earnings call, outlines growth strategies amidst funding challenges

MidWestOne Financial Group (MOFG) delivered a robust performance in Q4 2022, showcasing strategic leadership, operational excellence, and a focus on growth initiatives. The company addressed key financial aspects, including loan growth, credit quality, and margin pressures, while highlighting opportunities for future expansion. Navigating funding challenges and market dynamics remains a priority for sustaining momentum.

MidWestOne Financial Group advances strategic plan amidst challenges and opportunities

MidWestOne Financial Group (MOFG) made strides in Q1 2023 towards its strategic plan goals, focusing on performance enhancement and efficiency.
While facing challenges such as expense reductions and interest rate pressures, MOFG remains optimistic about its growth prospects and balance sheet strength.
Opportunities lie in talent development, strategic initiatives in key business segments, and potential market optimizations for MOFG in the coming year.

MidWestOne Financial Group reports robust Q2 performance and eyes growth

MidWestOne Financial Group's Q2 2023 earnings call highlighted strong financial performance, strategic initiatives, and growth prospects.
While facing challenges such as interest rate sensitivity and credit quality concerns, the company remains well-positioned for future opportunities.
By focusing on operational strengths, effective expense management, and seizing growth opportunities, MidWestOne Financial Group aims to sustain its competitive edge.

MidWestOne Financial Group reports strong Q3 performance and growth opportunities

MidWestOne Financial Group's Q3 performance reflects a solid foundation for growth, supported by core deposit expansion and strategic acquisitions.
While facing challenges such as margin pressure and expense management, the company's strengths in diversified business lines and asset quality position it well for the future.
By capitalizing on opportunities in talent development, revenue diversification, and operational efficiency, MidWestOne Financial Group can navigate challenges and drive sustainable growth.

MidWestOne Financial Group reports solid Q4 performance and strategic growth outlook

MidWestOne Financial Group's Q4 performance reflected solid loan growth and stable credit risk, with a focus on expense discipline and growth reinvestment.
While facing challenges in NIM and noninterest income, the company is strategically positioned for improved earnings through strategic initiatives and balance sheet restructuring.
Opportunities lie in revenue diversification, hiring in key areas, and market expansion through strategic mergers, positioning the company for growth in fee income and improved financial performance.

MidWestOne Financial Group posts strong Q1 results amid growth strategies

MidWestOne Financial Group (MOFG) delivered a solid start to the year with robust financial results, strategic acquisitions, and operational excellence, positioning the company for future growth.
While facing challenges in margin trends and industry-specific risks, the company's strengths in loan growth, expense control, and talent acquisitions provide a strong foundation for sustained performance.
With a focus on seizing opportunities post-acquisition, optimizing revenue streams, and managing risk effectively, MidWestOne Financial Group (MOFG) remains well-positioned to navigate market dynamics and drive shareholder value.

MidWestOne Financial Group (MOFG) excels in Q2 2024, eyes new opportunities

MidWestOne Financial Group (MOFG) delivered a strong performance in Q2 2024, driven by robust loan growth and stable deposits.
While facing challenges related to margin impact and expense management, MOFG is well-positioned to capitalize on opportunities in new lending verticals and operational enhancements.
The company's strategic focus on employee and customer engagement, along with prudent financial management, sets a positive trajectory for future growth and profitability.

MidWestOne Financial Group (MOFG) reports strong Q3 performance and eyes growth opportunities

MidWestOne Financial Group (MOFG) showcased robust financial performance and operational strength in Q3 2024, underpinned by strategic initiatives and prudent financial management.
While facing challenges such as margin pressures and market uncertainties, the company remains well-positioned to capitalize on growth opportunities and navigate potential risks effectively.
By focusing on operational efficiency, strategic growth initiatives, and prudent risk management, MOFG aims to sustain its positive trajectory and deliver long-term value to stakeholders.

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MidWestOne (MOFG) delivered earnings and revenue surprises of 6.19% and 2.21%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

MidWestOne (MOFG) Q3 Earnings and Revenues Surpass Estimates

MidWestOne Financial Group, Inc. Reports Financial Results for the Third Quarter of 2021

IOWA CITY, Iowa and MUSCATINE, Iowa, Nov. 01, 2021 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (“MidWestOne”) (NASDAQ: MOFG) and Iowa First Bancshares Corp. (“IOFB”) (OTC Pink: IOFB) today jointly announced the execution of a definitive merger agreement providing for the acquisition of IOFB by MidWestOne in a transaction valued at approximately $47.6 million. The combined company will have approximately $6.2 billion in total assets with over 60 banking offices throughout Iowa, Minnesota, Wisconsin, Florida and Colorado.

MidWestOne Financial Group, Inc. to Acquire Iowa First Bancshares Corp.

MidWestOne (MOFG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why MidWestOne (MOFG) is Poised to Beat Earnings Estimates Again

MidWestOne (MOFG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

MidWestOne (MOFG) to Report Q3 Results: Wall Street Expects Earnings Growth

MidWestOne (MOFG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

All You Need to Know About MidWestOne (MOFG) Rating Upgrade to Strong Buy

MidWestOne Financial Group, Inc. (MOFG) CEO Charles Funk on Q2 2021 Results - Earnings Call Transcript

MidWestOne (MOFG) delivered earnings and revenue surprises of 18.68% and 3.78%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

MidWestOne (MOFG) Tops Q2 Earnings and Revenue Estimates

Shares of MidWestOne Financial Gr (NASDAQ:MOFG) moved higher in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 47.95% year over year to $1.08, which beat the estimate of $0.89.

MidWestOne Financial Gr: Q2 Earnings Insights

MidWestOne Financial Group, Inc. Reports Financial Results for the Second Quarter of 2021

MidWestOne Financial Group, Inc. (MOFG) CEO Charles Funk on Q1 2021 Results - Earnings Call Transcript

MidWestOne (MOFG) delivered earnings and revenue surprises of 66.67% and 3.15%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

MidWestOne (MOFG) Q1 Earnings and Revenues Surpass Estimates

MidWestOne Financial Group, Inc. Reports Financial Results for the First Quarter of 2021

MidWestOne Financial (MOFG) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How MidWestOne Financial (MOFG) Stock Stands Out in a Strong Industry

MidWestOne Financial Group, Inc. (MOFG) CEO Charlie Funk on Q4 2020 Results - Earnings Call Transcript

MidWestOne (MOFG) delivered earnings and revenue surprises of 52.94% and 3.25%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

MidWestOne (MOFG) Q4 Earnings and Revenues Beat Estimates

Shares of MidWestOne Financial Gr (NASDAQ:MOFG) were unchanged in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 6.12% over the past year to $1.04, which beat the estimate of $0.67.

MidWestOne Financial Gr: Q4 Earnings Insights

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy MidWestOne (MOFG) Stock?

MidWestOne Financial's (MOFG) CEO Charlie Funk on Q3 2020 Results - Earnings Call Transcript

Shares of MidWestOne Financial Gr (NASDAQ:MOFG) were flat in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share decreased 17.05% over the past year to $0.73, which beat the estimate of $0.61.

Recap: MidWestOne Financial Gr Q3 Earnings

MidWestOne (MOFG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: MidWestOne (MOFG) Q3 Earnings Expected to Decline

MidWestOne Financial's (MOFG) CEO Charlie Funk on Q2 2020 Results - Earnings Call Transcript

MidWestOne (MOFG) delivered earnings and revenue surprises of 231.82% and -1.40%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

MidWestOne (MOFG) Surpasses Q2 Earnings Estimates

MidWestOne Financial Group, Inc. Reports Financial Results for the Second Quarter of 2020

IOWA CITY, Iowa, July  28, 2020  (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (Nasdaq – MOFG; the “Company”) announced today the issuance of $65 million aggregate principal amount of fixed-to-floating rate subordinated notes (the “Notes”) in a private placement transaction to certain qualified institutional buyers and institutional accredited investors. The Notes are intended to qualify as Tier 2 capital for regulatory purposes. The Company intends to use the net proceeds from the offering for general corporate purposes and to support its organic growth plans, including maintaining its regulatory capital ratios.

News for MidWestOne Financial Group Stock (MOFG)