IOWA CITY, Iowa, Jan. 10, 2025 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (Nasdaq: MOFG) (“MidWestOne” or the “Company”), parent company of MidWestOne Bank, today announced that its fourth quarter 2024 financial results will be released after market closes on Thursday, January 23, 2025. The Company will host a conference call to discuss its financial results at 11:00 a.m. Central Time on Friday, January 24, 2025. Investors and analysts interested in participating in the call may pre-register utili ...

MidWestOne (MOFG) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Ind ...

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 September 30, 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 jurisdict ...

财务数据和关键指标变化 - 公司在第三季度报告了净亏损9570万美元，每股亏损6.05美元，调整后收益为910万美元，每股0.58美元 [16][17] - 净利息收入较上季度增加120万美元，达到3750万美元，税后等效净利息率增加10个基点，达到2.51% [17][18] - 资本水平提高，股东权益从6月30日的542.2百万美元增加至562.2百万美元，主要由于资本募集 [16] 各条业务线数据和关键指标变化 - 商业银行贷款增长强劲，第三季度C&I贷款增长11%，CRE贷款增长3% [10] - SBA贷款业务在第三季度表现良好，产生574,000美元的销售收益 [11] - 财富管理业务的管理资产环比增长2%，尽管费用收入较上季度下降3% [11] 各个市场数据和关键指标变化 - 在丹佛和双子城市场，商业贷款增长显著，尤其是C&I贷款 [10][25] - 消费者和商业存款同比增长，第三季度商业存款增加4730万美元 [9] 公司战略和发展方向和行业竞争 - 公司专注于加速其财务管理和C&I银行业务，预计这些努力将继续推动收入增长 [9][10] - 公司计划在2025年实现中高单数字的贷款增长目标，尽管面临一些CRE贷款的到期压力 [42] 管理层对经营环境和未来前景的评论 - 管理层对未来的盈利能力持乐观态度，预计资本募集和资产负债表重组将显著提高未来的盈利能力 [5][15] - 管理层认为，未来的利率环境将有利于进一步的利差扩展 [21][41] 其他重要信息 - 公司在第三季度进行了约1亿美元的债务证券销售，主要用于偿还高成本借款和购买高收益证券 [15] - 公司在第三季度的非利息收入因证券减值损失而出现130.4百万美元的亏损 [18] 问答环节所有提问和回答 问题: 关于新资产负债表如何应对未来的美联储降息 - 管理层认为，新的资产负债表将更不敏感于负债，预计未来将有进一步的利差扩展机会 [20][21] 问题: 财富管理业务的费用收入下降原因 - 管理层指出，财富管理业务的收入受到了信托服务和投资服务的影响，后者存在一定的偶发性收入 [22] 问题: 丹佛和双子城市场的机会 - 管理层表示这两个市场都有良好的机会，C&I贷款是主要增长驱动力 [25] 问题: 2025年的费用预期 - 管理层预计2025年的费用将保持在中等水平，约为1.4亿美元 [28] 问题: 农业贷款组合的前景 - 管理层对农业贷款组合的客户基础感到乐观，认为其能够抵御市场波动 [30] 问题: 信贷趋势和不良资产的变化 - 管理层表示不良资产有所下降，且正在积极处理分类资产 [47] 问题: 存款竞争的反应 - 管理层观察到竞争对手在降息前采取了积极的存款定价策略，预计未来的存款成本将保持竞争性 [50]

For the quarter ended September 2024, MidWestOne (MOFG) reported revenue of $47.32 million, up 6.5% over the same period last year. EPS came in at $0.58, compared to $0.58 in the year-ago quarter.The reported revenue represents a surprise of -0.18% over the Zacks Consensus Estimate of $47.4 million. With the consensus EPS estimate being $0.56, the EPS surprise was +3.57%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...

MidWestOne (MOFG) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.57%. 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 $0.45, delivering a surprise of -4.26%.Over the last four ...

FOR IMMEDIATE RELEASE October 24, 2024 MIDWESTONE FINANCIAL GROUP, INC. REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2024 Iowa City, Iowa - MidWestOne Financial Group, Inc. (Nasdaq: MOFG) ("we", "our", or the "Company") today reported results for the third quarter of 2024. 1 Third Quarter 2024 Summary 2 2 2 • 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 ...

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 de ...

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. Contacts: Charles N. Reeves Chief Executive Officer 319.356.5800 Barry S. Ray Chief Fi ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these ...