MidWestOne Financial Group, Inc. (MOFG)
Market Cap | 354.32M |
Revenue (ttm) | 176.03M |
Net Income (ttm) | 34.13M |
Shares Out | 15.69M |
EPS (ttm) | 2.16 |
PE Ratio | 10.45 |
Forward PE | 10.44 |
Dividend | $0.97 (4.30%) |
Ex-Dividend Date | Nov 30, 2023 |
Volume | 24,338 |
Open | 21.34 |
Previous Close | 21.06 |
Day's Range | 20.90 - 22.69 |
52-Week Range | 17.80 - 34.88 |
Beta | 0.98 |
Analysts | Hold |
Price Target | 27.75 (+22.9%) |
Earnings Date | Jan 25, 2024 |
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 range of deposit products, which includes noninterest bearing and interest bearing demand deposits, savings, money market, and time deposits accounts. The company provides commercial, real estate, agricultural, credit card, and consumer loans; and financing arrangements including brokered deposits, term de... [Read more]
Financial Performance
In 2022, MOFG's revenue was $209.39 million, an increase of 1.61% compared to the previous year's $206.07 million. Earnings were $60.84 million, a decrease of -12.45%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for MOFG stock is "Hold." The 12-month stock price forecast is $27.75, which is an increase of 22.90% from the latest price.
News

MidWestOne Financial Group, Inc. Reports Financial Results for the Third Quarter of 2023
IOWA CITY, Iowa, Oct. 26, 2023 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“we”, “our”, or the "Company”) today reported results for the third quarter of 2023.

MidWestOne Financial Group, Inc. Announces Third Quarter 2023 Earnings Conference Call
IOWA CITY, Iowa, Oct. 13, 2023 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“MidWestOne” or the “Company”), parent company of MidWestOne Bank, today announced that its third qu...

MidWestOne Financial Group, Inc. Announces Strategic Acquisition in Denver
IOWA CITY, Iowa, Sept. 27, 2023 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“MidWestOne”, “we”, “our”, or the “Company”) today announced that it has executed a definitive merg...

MidWestOne Financial Group, Inc. Announces Sale of Florida Operations
IOWA CITY, Iowa, Sept. 25, 2023 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“MidWestOne”, “we”, “our”, or the “Company”) today announced that it has executed a definitive purc...

KBRA Releases Surveillance Report for MidWestOne Financial Group, Inc.
NEW YORK--(BUSINESS WIRE)-- #KBRA--On June 22, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Iowa City, Io...

MidWestOne Financial Group, Inc. Reports Financial Results for the Second Quarter of 2023
IOWA CITY, Iowa, Aug. 01, 2023 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“we”, “our”, or the "Company”) today reported results for the second quarter of 2023.

MidWestOne Financial Group, Inc. Announces Second Quarter 2023 Earnings Conference Call
IOWA CITY, Iowa, July 24, 2023 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“MidWestOne” or the “Company”), parent company of MidWestOne Bank, today announced that its second q...

KBRA Affirms Ratings for MidWestOne Financial Group, Inc.
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA affirms the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Iowa City, Iowa-based MidWestOne...

MidWestOne Financial Group, Inc. Reports Financial Results For The First Quarter Of 2023
~Announces Strategic Plan and Financial Targets~ ~Repositioning of the Company's Balance Sheet Provides Earnings, Margin and Return Accretion~ IOWA CITY, Iowa, April 27, 2023 (GLOBE NEWSWIRE) -- MidW...

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MidWestOne Financial Group, Inc. Announces First Quarter 2023 Earnings Conference Call
IOWA CITY, Iowa , April 13, 2023 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“MidWestOne” or the “Company”), parent company of MidWestOne Bank, today announced that its first ...

MidWestOne Financial Group, Inc. Reports Financial Results for the Fourth Quarter and Full Year of 2022
Fourth Quarter Summary 1

MidWestOne Financial Group, Inc. Reports Financial Results for the Third Quarter of 2022
Third Quarter Summary 1

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 an...

MidWestOne Financial Group, Inc. Reports Financial Results For the Second Quarter of 2022
Second Quarter Summary 1

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...

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 fo...

MidWestOne Financial Group, Inc. Reports Financial Results for the First Quarter of 2022
First Quarter Summary 1

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

MidWestOne Financial Group, Inc. Reports Financial Results for the Fourth Quarter and Full Year of 2021
Fourth Quarter Summary 1

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Sale of Iowa First Bancshares Corp. to MidWestOne Financial Group, Inc.
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.news...

MidWestOne Financial Group, Inc. Reports Financial Results for the Third Quarter of 2021
Third Quarter Summary1

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 jo...

MidWestOne Financial Gr: Q2 Earnings Insights
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,...

MidWestOne Financial Group, Inc. Reports Financial Results for the Second Quarter of 2021
Second Quarter Summary (1)