MidWestOne Financial GroupMOFG
About: MidWestOne Financial Group Inc is a bank holding company engaged in delivering relationship-based business and personal banking products and services. The Bank provides commercial loans, real estate loans, agricultural loans, credit card loans, and consumer loans. It also provides deposit products including demand and interest checking accounts, savings accounts, money market accounts, and time deposits. The Bank also provides products and services including treasury management, Zelle, online and mobile banking, debit cards, ATMs, and safe deposit boxes. The Bank offers its products and services through its network of full-service banking offices. the Bank's investments services department offers financial planning, investment advisory, and retail securities brokerage services.
Employees: 732
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
78% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 9
38% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 24
9% more funds holding
Funds holding: 78 [Q1] → 85 (+7) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0.47% less ownership
Funds ownership: 69.47% [Q1] → 68.99% (-0.47%) [Q2]
5% less capital invested
Capital invested by funds: $256M [Q1] → $245M (-$11.9M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Keefe, Bruyette & Woods Damon Delmonte 57% 1-year accuracy 8 / 14 met price target | 6%downside $28 | Market Perform Reiterated | 29 Jul 2024 |
Piper Sandler Nathan Race 68% 1-year accuracy 13 / 19 met price target | 1%upside $30 | Neutral Maintained | 29 Jul 2024 |
