tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Midwestone Financial Redeems $65M Subordinated Notes

Story Highlights
Midwestone Financial Redeems $65M Subordinated Notes

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Midwestone Financial Group ( (MOFG) ) has shared an announcement.

On July 30, 2025, MidWestOne Financial Group, Inc. redeemed its $65.0 million 5.75% Fixed-to-Floating Rate Subordinated Notes due 2030. This redemption was completed using a combination of cash on hand and proceeds from a $50.0 million senior term note, which closed on July 29, 2025, and is structured with a 5-year maturity and 7-year amortization, bearing interest at a floating rate.

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.

MidWestOne Financial Group’s overall stock score reflects significant financial challenges, particularly in profitability and valuation. While cash flow strength and strategic initiatives provide some optimism, technical indicators highlight bearish trends. The earnings call and corporate events suggest some positive future prospects, but the immediate risks weigh heavily.

To see Spark’s full report on MOFG stock, click here.

More about Midwestone Financial Group

Average Trading Volume: 128,395

Technical Sentiment Signal: Buy

Current Market Cap: $577.8M

For detailed information about MOFG stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1