MidwestOne

Q4 2025 in 6d Q3 2025 +39.44%Q2 2025 -3.88%Q1 2025 -0.77%Q4 2024 +2.89%Q3 2024 -3.29%Q2 2024 +5.03%Q1 2024 -4.85%Q4 2023 +0.54%Q3 2023 +1.08%Q2 2023 -3.26%Q1 2023 +1.47%Q4 2022 -5.77%Q3 2022 +6.16%Q2 2022 -1.08%Q1 2022 -0.66%Q4 2021 -1.32%Q3 2021 +5.87%Q2 2021 -0.70%Q1 2021 +1.50%Q4 2020 -2.81%Q3 2020 +0.20%Q2 2020 +3.31%Q1 2020 -10.63%Q4 2019 -0.48%Q3 2019 -1.18%Q2 2019 +6.62%Q1 2019 -3.05%Q4 2018 +1.08%Q3 2018 -2.25%Q2 2018 -3.08%Q1 2018 -2.54%Q4 2017 -2.54%Q3 2017 -1.70%Q2 2017 0.00%Q1 2017 +0.14%Q4 2014 -0.16%Q4 2015 -0.16%Q4 2016 -2.70%Q3 2016 -1.15%Q2 2016 -0.18%Q1 2016 -0.47%Q3 2015 -3.77%Q2 2015 +0.29%Q1 2015 -0.76%Q3 2014 +5.71%Q2 2014 -0.59%Q1 2014 +4.60%Q4 2013 +1.30%Q3 2013 -0.99%Q2 2013 +0.84%Q1 2013 -0.17%Q4 2011 +0.75%Q4 2012 +0.75%Q3 2012 -1.82%Q2 2012 +3.94%Q1 2011 +1.62%Q1 2012 +3.31%Q4 2009 +0.28%Q3 2010 +0.88%Q3 2011 +0.88%Q2 2010 +0.61%Q2 2011 +0.61%Q4 2010 +0.61%Q1 2010 +0.14%

Jul 25, 2024

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Jun 30, 2024

MidwestOne Q2 2024 Earnings Report

Reported financial results for the second quarter of 2024.

Key Takeaways

MidwestOne Financial Group reported a solid quarter with the completion of the sale of their Florida banking operations and an increase in net interest margin. Net income was $15.8 million, or $1.00 per diluted common share, with revenue of $57.9 million.

Completed the sale of Florida banking operations for a 7.5% deposit premium.

Net income reached $15.8 million, equating to $1.00 per diluted common share.

Net interest margin expanded by 8 bps to 2.41%.

Classified loans decreased by 9%, with a net charge-off ratio of 0.05%.