MidWestOne Financial Group, Inc. (MOFG)

NASDAQ: MOFG · IEX Real-Time Price · USD
34.74
-0.02 (-0.06%)
Dec 2, 2022 4:00 PM EST - Market closed
-0.06%
Market Cap 542.76M
Revenue (ttm) 204.88M
Net Income (ttm) 59.09M
Shares Out 15.62M
EPS (ttm) 3.77
PE Ratio 9.21
Forward PE 8.74
Dividend $0.95 (2.73%)
Ex-Dividend Date Nov 30, 2022
Volume 15,599
Open 34.47
Previous Close 34.76
Day's Range 34 - 34.91
52-Week Range 27.17 - 35.58
Beta 0.96
Analysts Buy
Price Target 37.13 (+6.9%)
Earnings Date Nov 7, 2022

About MOFG

MidWestOne Financial Group, Inc. operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers. It offers deposit products, such as noninterest bearing and interest-bearing demand deposit accounts, interest checking accounts, savings accounts, money market accounts, certificates of deposit, and time deposits. The company also provides commercial and industrial, commercial and residential real estate, agricultu... [Read more]

Industry Banks
Employees 731
Stock Exchange NASDAQ
Ticker Symbol MOFG
Full Company Profile

Financial Performance

In 2021, MOFG's revenue was $206.07 million, an increase of 26.26% compared to the previous year's $163.22 million. Earnings were $69.49 million, an increase of 949.16%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for MOFG stock is "Buy." The 12-month stock price forecast is 37.13, which is an increase of 6.88% from the latest price.

Price Target
$37.13
(6.88% upside)
Analyst Consensus: Buy
Stock Forecasts

News

MidWestOne (MOFG)'s Technical Outlook is Bright After Key Golden Cross

Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?

1 week ago - Zacks Investment Research

Is MidWestOne Financial Group (MOFG) Stock Undervalued Right Now?

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 v...

1 month ago - Zacks Investment Research

MidWestOne (MOFG) Q3 Earnings and Revenues Beat Estimates

MidWestOne (MOFG) delivered earnings and revenue surprises of 15.84% and 8%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

MidWestOne Names Charles N. Reeves as New CEO

Seasoned Banking Leader Brings Track Record of Driving Growth for Community, Regional and National Institutions Seasoned Banking Leader Brings Track Record of Driving Growth for Community, Regional and ...

1 month ago - GlobeNewsWire

Is MidWestOne Financial Group (MOFG) a Great Value Stock Right Now?

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 v...

3 months ago - Zacks Investment Research

MidWestOne (MOFG) Lags Q2 Earnings Estimates

MidWestOne (MOFG) delivered earnings and revenue surprises of -10.11% and 7.92%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

MidWestOne Financial Group, Inc. Completes Acquisition of Iowa First Bancshares Corp.

IOWA CITY, Iowa, June 09, 2022 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (NASDAQ: MOFG) (“MidWestOne”), parent company of MidWestOne Bank (the “Bank”), today announced the completion of its a...

5 months ago - GlobeNewsWire

Should Value Investors Buy MidWestOne Financial Group (MOFG) Stock?

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 v...

5 months ago - Zacks Investment Research

Here's Why MidWestOne (MOFG) Is a Great 'Buy the Bottom' Stock Now

MidWestOne (MOFG) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a tr...

6 months ago - Zacks Investment Research

MidWestOne Bank Providing Flex to Avoid Overdraft Fees

IOWA CITY, Iowa, May 02, 2022 (GLOBE NEWSWIRE) -- MidWestOne Bank, subsidiary of MidWestOne Financial Group, Inc. (Nasdaq: MOFG), today announced changes to save customers money by eliminating fees for ...

7 months ago - GlobeNewsWire

Are Investors Undervaluing MidWestOne Financial Group (MOFG) Right Now?

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 v...

7 months ago - Zacks Investment Research

CEO Charlie Funk to Retire From MidWestOne In 2022

Twenty-One-Year Career Marked by Family-oriented Community Banking Focus and Significant Growth Twenty-One-Year Career Marked by Family-oriented Community Banking Focus and Significant Growth

9 months ago - GlobeNewsWire

MidWestOne (MOFG) Q4 Earnings Miss Estimates

MidWestOne (MOFG) delivered earnings and revenue surprises of -7.14% and 3.83%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Analysts Estimate MidWestOne (MOFG) to Report a Decline in Earnings: What to Look Out for

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.

10 months ago - Zacks Investment Research

Best Income Stocks to Buy for January 7th

CIO, HBNC, and MOFG made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 7, 2022

Other symbols: CIOHBNC
10 months ago - Zacks Investment Research

MidWestOne (MOFG) Hits 52-Week High, Can the Run Continue?

MidWestOne (MOFG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

1 year ago - Zacks Investment Research

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Sale of Iowa...

New York, New York--(Newsfile Corp. - November 3, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To view an enhanced version of this graphic, please visit:https://orders.newsfi...

1 year ago - Newsfile Corp

MidWestOne (MOFG) Q3 Earnings and Revenues Surpass Estimates

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?

1 year ago - Zacks Investment Research

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

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 join...

1 year ago - GlobeNewsWire

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

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.

1 year ago - Zacks Investment Research