MidWestOne Financial Group, Inc.

NASDAQ•MOFG

CEO: Mr. Charles N. Reeves

Sector: Financial Services

Industry: Banks - Regional

Listing Date: 2008-01-29

MidWestOne Financial Group, Inc. 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.

Contact Information

102 South Clinton Street, Iowa City, IA, 52240, United States

319-356-5800

www.midwestonefinancial.com/corporate-profile/default.aspx

Market Cap

$1.02B

P/E (TTM)

17.4

15.4

Dividend Yield

2.0%

52W High

$49.69

52W Low

$24.62

52W Range

98%

Rank60Top 89.2%

2.1

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 2.1 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$89.20M-257.33%

4-Quarter Trend

EPS

$0.82-113.55%

4-Quarter Trend

FCF

$16.75M+0.00%

4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Profitability Rebound Strong Q3 2025 net income reached $17.0M, a significant turnaround from the $(95.7)M loss reported in Q3 2024, driving diluted EPS to $0.82.

Net Interest Income Rises Tax equivalent NIM improved substantially to 3.57% for the quarter, driven by higher earning asset yields and lower funding costs compared to prior year.

Loan Portfolio Growth Gross loans held for investment grew $100.9M sequentially to $4.43B, reflecting strong organic growth despite a $11.0M reclassification to loans held for sale.

Capital Position Solid Consolidated total risk-based capital ratio stood at 13.08% as of September 30, 2025, maintaining a strong well-capitalized position.

Risk Factors

Asset Quality Deterioration Nonperforming assets increased $8.8M sequentially to $33.9M, resulting in the nonperforming asset ratio rising 14 basis points to 0.54% by period end.

Merger Consideration Volatility Merger consideration value is tied to Nicolet stock price, creating uncertainty for shareholders regarding the final value received per share.

Credit Loss Expense Increase Q3 2025 credit loss expense rose to $2.1M from $1.5M, reflecting provisions for organic loan growth and unfunded commitments.

Regulatory Approval Uncertainty Consummation of the Nicolet merger is subject to regulatory approvals which may impose unexpected restrictions or delays on closing.

Outlook

Nicolet Merger Execution The planned merger with Nicolet is expected to close in the first half of 2026, subject to regulatory clearances and shareholder approval.

Interest Rate Sensitivity Sensitivity analysis shows potential NII decrease of 4.9% if rates drop 100 bps, highlighting exposure to sustained rate movements.

ACL Model Sensitivity The ACL estimation model remains sensitive to forecasts for unemployment, retail sales, CRE index, and U.S. GDP changes.

Debt Structure Optimization Long-term debt decreased due to redemption of subordinated notes, partially offset by closing a new $50.0M senior term note in July 2025.

Peer Comparison

Revenue (TTM)

CUBI

$1.41B

+3.9%

BFST

$511.93M

+11.8%

AMAL

$455.03M

+4.5%

Gross Margin (Latest Quarter)

FCBC

90.9%

+4.8pp

CPF

82.0%

+10.7pp

HBT

81.4%

+3.2pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
CUBI	$2.53B	11.3	11.2%	6.9%
AMAL	$1.26B	12.1	13.7%	1.1%
MOFG	$1.02B	17.4	10.0%	1.6%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

0.0%

Moderate Growth

4Q Net Income CAGR

1.4%

Profitability Slowly Improving

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 22, 2026

EPS:$0.84

Revenue:$62.86M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data