(1)Non-GAAP measure. See the Non-GAAP Measures section for a reconciliation to the most directly comparable GAAP measure. Net interest income of $36.3 million for the second quarter of 2024 increased $1.6 million from the first quarter of 2024, primarily due to higher interest earning asset volumes and yields, partially offset by higher interest-bearing liability volumes and costs. When compared to the second quarter of 2023, net interest income decreased $0.6 million, primarily due to higher funding costs ...

Category: Earnings IOWA CITY, Iowa, July 12, 2024 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (Nasdaq: MOFG) ("MidWestOne" or the "Company"), parent company of MidWestOne Bank, today announced that its second quarter 2024 financial results will be released after market closes on Thursday, July 25, 2024. The Company will host a conference call to discuss its financial results at 11:00 a.m. Central Time on Friday, July 26, 2024. | --- | --- | |-------------------------|-------------------------| | | ...

IOWA CITY, Iowa, July 12, 2024 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (Nasdaq: MOFG) ("MidWestOne" or the "Company"), parent company of MidWestOne Bank, today announced that its second quarter 2024 financial results will be released after market closes on Thursday, July 25, 2024. The Company will host a conference call to discuss its financial results at 11:00 a.m. Central Time on Friday, July 26, 2024. A replay of the conference call will be available within four hours of the conclusion of th ...

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 ...

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 ...

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) (State or other jurisdiction of incorporation ...

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 ...

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 ...

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) 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 ...