Brief: MidWestOne Financial Group Inc Reports Financial Results For The First Quarter Of 2023

Midwestone Financial (IOWA)

27/04/2023 23:04

April 27 (Reuters) - Midwestone Financial Group Inc
(IOWA)  MOFG.O :
    * MIDWESTONE FINANCIAL GROUP, INC. REPORTS FINANCIAL RESULTS
FOR
THE FIRST QUARTER OF 2023
    * MIDWESTONE FINANCIAL GROUP INC (IOWA) - HAS LAUNCHED A
STRATEGIC
PLAN FOCUSED ON FIVE PILLARS DESIGNED TO IMPROVE PERFORMANCE OF
BANK
    * MIDWESTONE FINANCIAL GROUP INC (IOWA) - GOAL OF PLAN IS TO
EXIT
2025 WITH 12% ANNUAL EARNINGS PER SHARE GROWTH
    * MIDWESTONE FINANCIAL GROUP INC (IOWA) - GOAL OF PLAN IS TO
EXIT
2025 WITH A RETURN ON AVERAGE ASSETS OF 1.10 - 1.20%
    * MIDWESTONE FINANCIAL GROUP INC (IOWA) - GOAL OF PLAN IS TO
EXIT
2025 WITH 10% ANNUAL TANGIBLE BOOK VALUE GROWTH
    * MIDWESTONE FINANCIAL GROUP INC (IOWA) - GOAL OF PLAN IS TO
EXIT
2025 WITH AN EFFICIENCY RATIO OF 55 - 57%

Source text for Eikon:  ID:nGNXbkn6xh 
Further company coverage:  MOFG.O 

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