MidWestOne Financial Group, Inc.MOFGEarnings & Financial Report
MidWestOne Financial Group, Inc. is a bank holding company headquartered in Iowa City, Iowa. The bank operates 56 branches. It is the 3rd largest bank headquartered in Iowa. It operates in Iowa, Minnesota, Wisconsin, Colorado, and Florida.
MOFG Q3 FY2025 Key Financial Metrics
Revenue
$61.3M
Gross Profit
N/A
Operating Profit
$21.5M
Net Profit
$17.0M
Gross Margin
N/A
Operating Margin
35.1%
Net Margin
27.8%
YoY Growth
35.9%
EPS
$0.82
MidWestOne Financial Group, Inc. Q3 FY2025 Financial Summary
MidWestOne Financial Group, Inc. reported revenue of $61.3M (up 35.9% YoY) for Q3 FY2025, with a net profit of $17.0M (up 117.8% YoY) (27.8% margin).
Key Financial Metrics
| Total Revenue | $61.3M |
|---|---|
| Net Profit | $17.0M |
| Gross Margin | N/A |
| Operating Margin | 35.1% |
| Report Period | Q3 FY2025 |
MidWestOne Financial Group, Inc. Annual Revenue by Year
MidWestOne Financial Group, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $188.8M).
MidWestOne Financial Group, Inc. Quarterly Revenue & Net Profit History
MidWestOne Financial Group, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $61.3M | +35.9% | $17.0M | 27.8% |
| Q2 FY2025 | $60.2M | +4.0% | $10.0M | 16.6% |
| Q1 FY2025 | $57.6M | +29.4% | $15.1M | 26.3% |
| Q4 FY2024 | $48.9M | +50.3% | $16.3M | 33.4% |
| Q3 FY2024 | $37.5M | +8.5% | $-95.7M | -255.1% |
| Q2 FY2024 | $57.9M | +26.7% | $15.8M | 27.3% |
| Q1 FY2024 | $44.5M | +23.5% | $3.3M | 7.3% |
| Q4 FY2023 | $32.6M | -25.3% | $2.7M | 8.4% |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $32.6M | $44.5M | $57.9M | $37.5M | $48.9M | $57.6M | $60.2M | $61.3M |
| YoY Growth | -25.3% | 23.5% | 26.7% | 8.5% | 50.3% | 29.4% | 4.0% | 35.9% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $6.43B | $6.75B | $6.58B | $6.55B | $6.24B | $6.25B | $6.16B | $6.25B |
| Liabilities | $5.90B | $6.22B | $6.04B | $5.99B | $5.68B | $5.67B | $5.57B | $5.64B |
| Equity | $524.4M | $528.0M | $543.3M | $562.2M | $559.7M | $579.6M | $589.0M | $606.1M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $6.7M | $9.6M | $25.2M | $-2.8M | $63.2M | $8.7M | $24.9M | $17.7M |