| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | September 11, 2024 4:00 P.M. |
| Form: | S-3 | ||||||
| |||||||
| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | September 11, 2024 4:00 P.M. |
| Form: | S-3 | ||||||
| |||||||
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/26/2024 | $23.50 → $21.50 | Market Perform | Hovde Group |
| 3/13/2024 | $24.00 | Neutral | Piper Sandler |
| 3/4/2024 | Market Perform | Hovde Group | |
| 6/12/2023 | Outperform | Hovde Group | |
| 12/13/2022 | $37.00 | Outperform → Mkt Perform | Keefe Bruyette |
IOWA CITY, Iowa, Oct. 24, 2024 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (NASDAQ:MOFG) ("we", "our", or the "Company") today reported results for the third quarter of 2024. Third Quarter 2024 Summary1 Completed a common equity capital raise, resulting in net proceeds to the Company of $118.6 million to facilitate a balance sheet repositioning. $140.4 million of securities impairment related to the repositioning was recognized in pre-tax earnings.Subsequent to quarter-end: Sold $1.0 billion of debt securities with a weighted average yield of 1.58%, and a weighted average life of 5.6 years.Purchased $589.8 million of debt securities, with a weighted average yield of 4.65%,
IOWA CITY, Iowa, Oct. 11, 2024 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (NASDAQ:MOFG) ("MidWestOne" or the "Company"), parent company of MidWestOne Bank, today announced that its third quarter 2024 financial results will be released after market closes on Thursday, October 24, 2024. The Company will host a conference call to discuss its financial results at 11:00 a.m. Central Time on Friday, October 25, 2024. Investors and analysts interested in participating in the call may pre-register utilizing the following link: https://www.netroadshow.com/events/login?show=e1a9f566&confId=71942. After pre-registering for this event, you will receive your access details via email. On th
IOWA CITY, Iowa, July 25, 2024 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (NASDAQ:MOFG) ("we", "our", or the "Company") today reported results for the second quarter of 2024. Second Quarter 2024 Summary1 Completed sale of our Florida banking operations for a 7.5% deposit premium. Included in the sale were $133.3 million of deposits and $163.6 million of loans. Net income of $15.8 million, or $1.00 per diluted common share. Revenue of $57.9 million, which included gain on sale of $11.1 million and a positive MSR valuation adjustment of $129 thousand.Noninterest expense of $35.8 million, which included merger-related costs of $854 thousand. Net interest margin (tax equiva
SC 13G/A - MidWestOne Financial Group, Inc. (0001412665) (Subject)
SC 13G/A - MidWestOne Financial Group, Inc. (0001412665) (Subject)
SC 13G - MidWestOne Financial Group, Inc. (0001412665) (Subject)
4 - MidWestOne Financial Group, Inc. (0001412665) (Issuer)
4 - MidWestOne Financial Group, Inc. (0001412665) (Issuer)
4 - MidWestOne Financial Group, Inc. (0001412665) (Issuer)
8-K - MidWestOne Financial Group, Inc. (0001412665) (Filer)
8-K - MidWestOne Financial Group, Inc. (0001412665) (Filer)
8-K - MidWestOne Financial Group, Inc. (0001412665) (Filer)
IOWA CITY, Iowa, Oct. 24, 2024 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (NASDAQ:MOFG) ("we", "our", or the "Company") today reported results for the third quarter of 2024. Third Quarter 2024 Summary1 Completed a common equity capital raise, resulting in net proceeds to the Company of $118.6 million to facilitate a balance sheet repositioning. $140.4 million of securities impairment related to the repositioning was recognized in pre-tax earnings.Subsequent to quarter-end: Sold $1.0 billion of debt securities with a weighted average yield of 1.58%, and a weighted average life of 5.6 years.Purchased $589.8 million of debt securities, with a weighted average yield of 4.65%,
IOWA CITY, Iowa, Oct. 11, 2024 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (NASDAQ:MOFG) ("MidWestOne" or the "Company"), parent company of MidWestOne Bank, today announced that its third quarter 2024 financial results will be released after market closes on Thursday, October 24, 2024. The Company will host a conference call to discuss its financial results at 11:00 a.m. Central Time on Friday, October 25, 2024. Investors and analysts interested in participating in the call may pre-register utilizing the following link: https://www.netroadshow.com/events/login?show=e1a9f566&confId=71942. After pre-registering for this event, you will receive your access details via email. On th
IOWA CITY, Iowa, July 25, 2024 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (NASDAQ:MOFG) ("we", "our", or the "Company") today reported results for the second quarter of 2024. Second Quarter 2024 Summary1 Completed sale of our Florida banking operations for a 7.5% deposit premium. Included in the sale were $133.3 million of deposits and $163.6 million of loans. Net income of $15.8 million, or $1.00 per diluted common share. Revenue of $57.9 million, which included gain on sale of $11.1 million and a positive MSR valuation adjustment of $129 thousand.Noninterest expense of $35.8 million, which included merger-related costs of $854 thousand. Net interest margin (tax equiva
Piper Sandler analyst Nathan Race maintains MidWestOne Financial Gr (NASDAQ:MOFG) with a Neutral and lowers the price target from $24 to $22.
MidWestOne Financial Gr (NASDAQ:MOFG) reported quarterly earnings of $0.21 per share which missed the analyst consensus estimate of $0.36 by 41.67 percent. This is a 133.33 percent increase over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $34.731 million which beat the analyst consensus estimate of $34.585 million by 0.42 percent. This is a 13.34 percent decrease over sales of $40.076 million the same period last year.
Hovde Group reiterated coverage of MidWestOne Financial Group with a rating of Market Perform and set a new price target of $21.50 from $23.50 previously
Piper Sandler resumed coverage of MidWestOne Financial Group with a rating of Neutral and set a new price target of $24.00
Hovde Group resumed coverage of MidWestOne Financial Group with a rating of Market Perform
4 - MidWestOne Financial Group, Inc. (0001412665) (Issuer)
4 - MidWestOne Financial Group, Inc. (0001412665) (Issuer)
4 - MidWestOne Financial Group, Inc. (0001412665) (Issuer)