MidWestOne (MOFG) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - MidWestOne (MOFG) reported a revenue of $59.78 million for the quarter ended December 2024, marking a year-over-year increase of 64.1% and exceeding the Zacks Consensus Estimate by 6.61% [1] - The earnings per share (EPS) for the same period was $0.77, compared to $0.51 a year ago, resulting in an EPS surprise of 6.94% over the consensus estimate of $0.72 [1] Financial Performance Metrics - Net Interest Margin was reported at 3.4%, slightly above the two-analyst average estimate of 3.3% [4] - The Efficiency Ratio stood at 59.1%, compared to the estimated 59.2% by two analysts [4] - Total Noninterest Income was $10.84 million, exceeding the average estimate of $10.39 million [4] - Net Interest Income reached $48.94 million, surpassing the average estimate of $45.68 million [4] Stock Performance - Over the past month, shares of MidWestOne have returned +1.4%, while the Zacks S&P 500 composite increased by +2.7% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]