Why MidWestOne Financial Rocketed Over 33% Today
Key Points MidWestOne Financial reported earnings above expectations. However, what really accounted for the increase was its agreement to get acquired by Nicolet Bank of Green Bay. Consolidation across the Midwest regional banking sector continues. 10 stocks we like better than MidWestOne Financial Group › Shares of MidWestOne Financial (NASDAQ: MOFG) rallied a whopping 33.3% as of 1:02 p.m. ET Friday. MidWestOne reported earnings last night and delivered an earnings beat. However, the massive ...