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MidWestOne Financial Group, Inc. Reports Financial Results For the First Quarter of 2025
MOFGMidWestOne(MOFG) GlobeNewswire·2025-04-24 20:15

IOWA CITY, Iowa, April 24, 2025 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (Nasdaq: MOFG) ("we," "our," or the "Company") today reported results for the first quarter of 2025. First Quarter 2025 Summary1 Net income of 15.1million,or15.1 million, or 0.73 per diluted common share. Net interest margin (tax equivalent) was 3.44%;2 core net interest margin expanded 10 basis points ("bps") to 3.36%.2Noninterest expenses were $36.3 million; efficiency ratio was 59.38%.2Return on average assets of 1.00%. Criticized l ...