MidWestOne Financial Q3 profit rises 2% on higher interest income

Midwestone Financial (IOWA)

23/10/2025 21:25

Overview

MidWestOne Financial Group 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/Miss
Actual
Consensus Estimate
Q3 EPS
$0.82
Q3 Net Income
$17.01 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) 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: ID:nGNXb90PYD

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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.)