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MidWestOne Financial Group Welcomes Three Key Executive Leaders to the Organization
Newsfilter· 2024-06-03 15:00
IOWA CITY, Iowa, June 03, 2024 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (NASDAQ: MOFG), parent company of MidWestOne Bank, a pre-eminent relationship-driven community bank, is pleased to announce the hiring of three new executive leaders: Paul Ho-Sing-Loy, Executive Vice President and Chief Information Officer; Steve Heimermann, Executive Vice President and Head of Wealth Management; and Elda Macias, Senior Vice President and Chief Marketing Officer. MidWestOne Financial Group has introduced a n ...
MidWestOne Financial Group Welcomes Three Key Executive Leaders to the Organization
GlobeNewswire News Room· 2024-06-03 15:00
IOWA CITY, Iowa, June 03, 2024 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (NASDAQ: MOFG), parent company of MidWestOne Bank, a pre-eminent relationship-driven community bank, is pleased to announce the hiring of three new executive leaders: Paul Ho-Sing-Loy, Executive Vice President and Chief Information Officer; Steve Heimermann, Executive Vice President and Head of Wealth Management; and Elda Macias, Senior Vice President and Chief Marketing Officer. MidWestOne Financial Group has introduced a n ...
MidWestOne(MOFG) - 2024 Q1 - Quarterly Report
2024-05-07 21:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35968 MIDWESTONE FINANCIAL GROUP, INC. (Exact name of Registrant as specified in its charter) Iowa 42-1206172 (State or other jurisdiction ...
MidWestOne(MOFG) - 2024 Q1 - Earnings Call Transcript
2024-04-26 20:55
MidWestOne Financial Group, Inc. (NASDAQ:MOFG) Q1 2024 Earnings Conference Call April 26, 2024 12:00 PM ET Company Participants Barry Ray - Chief Financial Officer Chip Reeves - Chief Executive Officer Len Devaisher - President and Chief Operating Officer Gary Sims - Chief Credit Officer Conference Call Participants Brendan Nosal - Hovde Terry McEvoy - Stephens Nathan Race - Piper Sandler Damon DelMonte - KBW Operator Good morning, ladies and gentlemen and welcome to the MidWestOne Financial Group, Inc. Fir ...
MidWestOne(MOFG) - 2024 Q1 - Earnings Call Presentation
2024-04-26 20:55
Forward Looking Statements & Non-GAAP Measures This presentation contains certain "forward-looking statements" within the meaning of such term in the Private Securities Litigation Reform Act of 1995. We and our representatives may, from time to time, make written or oral statements that are "forward-looking" and provide information other than historical information. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from ...
MidWestOne (MOFG) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-04-26 00:01
For the quarter ended March 2024, MidWestOne (MOFG) reported revenue of $44.48 million, up 23.5% over the same period last year. EPS came in at $0.21, compared to $0.72 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $44.5 million, representing a surprise of -0.04%. The company delivered an EPS surprise of -51.16%, with the consensus EPS estimate being $0.43.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...
MidWestOne (MOFG) Misses Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-25 23:31
MidWestOne (MOFG) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -51.16%. A quarter ago, it was expected that this holding company for MidWestOne Bank would post earnings of $0.47 per share when it actually produced earnings of $0.51, delivering a surprise of 8.51%.Over the last four ...
MidWestOne(MOFG) - 2024 Q1 - Quarterly Results
2024-04-25 20:21
FOR IMMEDIATE RELEASE April 25, 2024 MIDWESTONE FINANCIAL GROUP, INC. REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2024 Iowa City, Iowa - MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“we”, “our”, or the "Company”) today reported results for the first quarter of 2024. First Quarter 2024 Summary1 • Completed acquisition of Denver Bankshares, Inc. ("DNVB"), the related core banking system conversion, and closure of the legacy MidWestOne Denver banking office. • Net income of $3.3 million, or $0.21 pe ...
MidWestOne Financial Group, Inc. Reports Financial Results for the First Quarter of 2024
Newsfilter· 2024-04-25 20:15
IOWA CITY, Iowa, April 25, 2024 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (NASDAQ:MOFG) ("we", "our", or the "Company") today reported results for the first quarter of 2024. First Quarter 2024 Summary1 Completed acquisition of Denver Bankshares, Inc. ("DNVB"), the related core banking system conversion, and closure of the legacy MidWestOne Denver banking office.Net income of $3.3 million, or $0.21 per diluted common share. Revenue was $44.5 million, comprised of net interest income of $34.7 milli ...
MidWestOne(MOFG) - 2023 Q4 - Annual Report
2024-03-08 20:43
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number 001-35968 MIDWESTONE FINANCIAL GROUP, INC. (Exact name of Registrant as specified in its charter) (State or Other Jurisdiction of (I.R.S. ...