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Midwestone Financial Group ( (MOFG) ) just unveiled an announcement.
On July 22, 2025, Dr. Azeemuddin Ahmed resigned from the Board of Directors of MidWestOne Financial Group and its subsidiary, MidWestOne Bank, without any disagreements with the company. The same day, the Board amended the company’s bylaws to allow flexibility in extending a director’s service and declared a cash dividend of $0.2425 per common share, payable on September 16, 2025. MidWestOne Financial Group reported a 15% increase in pre-tax, pre-provision net revenue for the second quarter of 2025, with a net income of $10 million despite a credit loss expense due to a single commercial real estate office credit. The company saw improvements in its criticized loans ratio and allowance for credit losses ratio, and it continues to focus on strategic initiatives to enhance its community banking services.
The most recent analyst rating on (MOFG) stock is a Buy with a $39.00 price target. To see the full list of analyst forecasts on Midwestone Financial Group stock, see the MOFG Stock Forecast page.
Spark’s Take on MOFG Stock
According to Spark, TipRanks’ AI Analyst, MOFG is a Neutral.
The company’s overall stock score reflects significant financial challenges, particularly in profitability and valuation. While cash flow stability and some technical indicators provide support, the negative earnings and valuation concerns weigh heavily on the score.
To see Spark’s full report on MOFG stock, click here.
More about Midwestone Financial Group
MidWestOne Financial Group, Inc., headquartered in Iowa City, Iowa, operates in the financial services industry, primarily offering banking services through its wholly owned subsidiary, MidWestOne Bank. The company focuses on community banking, providing a range of financial products and services to individuals and businesses, with a market presence in regions such as Denver and the Twin Cities.
Average Trading Volume: 124,426
Technical Sentiment Signal: Strong Buy
Current Market Cap: $621.6M
Learn more about MOFG stock on TipRanks’ Stock Analysis page.