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MidWestOne Financial Q3 profit rises 2% on higher interest income
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MidWestOne Financial Q3 profit rises 2% on higher interest income
Oct 23, 2025 1:38 PM

Overview

* MidWestOne Financial Group ( MOFG ) Q3 net income rises to $17.0 mln, reflecting improved financial performance

* Revenue for Q3 2025 increased 2% from Q2, driven by higher net interest income

* Company announces partnership with Nicolet Bankshares to create leading midsize bank

Outlook

* Company did not provide specific financial guidance for the current quarter or year in its press release

Result Drivers

* NET INTEREST INCOME - Increased due to higher earning asset volumes, partially offset by higher funding volumes

* NONINTEREST INCOME - Stable at $10.3 mln, driven by growth in investment services and trust activities

* EFFICIENCY RATIO - Improved due to disciplined expense management

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 EPS $0.82

Q3 Net $17.01

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the banks peer group is "buy"

* Wall Street's median 12-month price target for Midwestone Financial Group Inc (IOWA) ( MOFG ) is $32.00, about 11.1% above its October 21 closing price of $28.45

* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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