MidWestOne Financial Group Q2 2024 Earnings Report

MidWestOne Financial Group EPS Results

• Actual EPS: $0.45
• Consensus EPS: $0.47
• Beat/Miss: Missed by -$0.02
• One Year Ago EPS: N/A

MidWestOne Financial Group Revenue Results

• Actual Revenue: $57.90 million
• Expected Revenue: $45.75 million
• Beat/Miss: Beat by +$12.15 million
• YoY Revenue Growth: N/A

MidWestOne Financial Group Announcement Details

• Quarter: Q2 2024
• Date: 7/25/2024
• Time: N/A

MidWestOne Financial Group (NASDAQ:MOFG) operates as the bank holding company for MidWestOne Bank that provides commercial and retail banking products and services to individuals, businesses, governmental units, and institutional customers. It offers range of deposit products, including noninterest bearing and interest bearing demand deposits, savings, money market, and time deposits accounts. The company also provides commercial, real estate, agricultural, credit card, and consumer loans; and financing arrangements, such as brokered deposits, term debt, subordinated debt, and equity. In addition, it offers trust and investment services comprising administering estates, trusts, and conservatorships; property and farm management, investment advisory, retail securities brokerage, financial planning, and custodial services; and licensed brokers services. Further, the company provides online and mobile banking, debit cards, automated teller machines, and safe deposit boxes. MidWestOne Financial Group, Inc. was founded in 1934 and is headquartered in Iowa City, Iowa.