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:
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(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.)