MidWestOne Financial Group, Inc. (MOFG)
MidWestOne Financial Group, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Iowa City, IA, US. The stock last traded at $49.31, up 2.35% on the session, giving a market capitalisation of $1.02B. On trailing twelve-month figures it carries a trailing P/E of 24.29, a net margin of 16.1%. Its beta of 1.06 implies it has historically moved more than the broad market.
MidWestOne Financial Group, Inc. (MOFG) operates as a bank holding company for MidWestOne Bank, providing a comprehensive range of commercial and retail banking products and services. These offerings cater to a diverse client base, including individuals, businesses, governmental units, and institutional customers. The company's deposit options encompass various account types such as non-interest-bearing and interest-bearing demand deposit accounts, interest checking, savings, money market accounts, certificates of deposit, and time deposits. Its lending solutions are extensive, covering commercial and industrial loans, financing for commercial and residential real estate, agricultural loans, credit card services, and consumer loans like secured and unsecured personal loans, as well as automobile loans. In addition to traditional banking, MOFG delivers a robust suite of trust and investment services. These include administering estates, personal trusts, and conservatorships, alongside property and farm management, investment advisory, retail securities brokerage, financial planning, and custodial services. Investment-related offerings further extend to securities trading, mutual fund sales, fixed and variable annuities, and both tax-exempt and conventional unit trusts. Customers also benefit from other convenient services such as treasury management, debit cards, automated teller machines (ATMs), online and mobile banking platforms, and safe deposit boxes. MidWestOne Financial Group, Inc. primarily delivers its services through a network of 56 banking offices situated in central and eastern Iowa, the Minneapolis/St. Paul metropolitan area of Minnesota, southwestern Wisconsin, southwestern Florida, and Denver, Colorado. The company was incorporated in 1983 and is headquartered in Iowa City, Iowa.
MidWestOne Financial Group, Inc. is most often compared with the following Financial Services names: