MOFG
MidWestOne Financial Group, Inc.41.51
-0.15-0.36%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
856.47MP/E (TTM)
12.39Basic EPS (TTM)
3.35Dividend Yield
0.02%Recent Filings
8-K
8-K
8-K
8-K
Proxy corrects exec parachute totals
MidWestOne and Nicolet corrected an error in their joint proxy statement-prospectus filed December 19, 2025, fixing the Golden Parachute Compensation table totals on page 74. CEO Charles Reeves III stands to receive $6.5M in merger-related cash, equity, and benefits, assuming February 13, 2026 closing at $37.65/share. Other executives face $1.0M-$2.3M payouts. Figures are estimates; actuals hinge on termination.
10-Q
Q3 FY2025 results
MidWestOne swung to a $17.0M net income for Q3 ended September 30, 2025, up from a $95.7M loss y/y, with diluted EPS of $0.82 versus $(6.05); net interest income climbed 36% y/y to $51.0M on lower deposit and borrowing costs, while credit loss expense edged to $2.1M amid a $14.6M CRE office charge-off. Loans grew 2% q/q to $4.42B, deposits held steady at $5.48B, and cash swelled to $272M; long-term debt fell after redeeming $65M subordinated notes using $50M new term debt. Redeemed $65M subordinated notes in July using cash and $50M new term note (5-yr maturity, SOFR+1.75%). Non-GAAP metrics not disclosed in the 10-Q. CRE concentrations expose office loans to valuation risks.
IPO
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