Midwestone Financial Group Inc (IOWA) reports results for the quarter ended March 31 - Earnings Summary

Midwestone Financial (IOWA)

24/04/2025 23:01

Midwestone Financial Group Inc (IOWA) MOFG.OQ reported quarterly adjusted earnings of 73 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 21 cents.  The mean expectation of five analysts for the quarter was for earnings of 73 cents per share. Wall Street expected results to range from 70 cents to 76 cents per share.

Revenue rose 36.6% to $47.44 million from a year ago; analysts expected $48.12 million.

Midwestone Financial Group Inc (IOWA)'s reported EPS for the quarter was 73 cents​.

The company reported quarterly net income of $15.14 million.

Midwestone Financial Group Inc (IOWA) shares had fallen by 4.0% this quarter and lost 2.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 5.9% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

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 also "buy"

Wall Street's median 12-month price target for Midwestone Financial Group Inc (IOWA) is $36.00

This summary was machine generated from LSEG data April 24 at 10:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.73
0.73
Met
Dec. 31 2024
0.72
0.78
Beat
Sep. 30 2024
0.56
0.52
Missed
Jun. 30 2024
0.49
1.00
Beat