MidWestOne Financial Group (MOFG) Set to Announce Earnings on Wednesday
MidWestOne Financial Group (NASDAQ:MOFG) will release its earnings data after the market closes on Wednesday, January 24th.
MidWestOne Financial Group (NASDAQ:MOFG) last posted its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.52 EPS for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.11). MidWestOne Financial Group had a net margin of 17.35% and a return on equity of 7.38%. On average, analysts expect MidWestOne Financial Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
MidWestOne Financial Group (NASDAQ MOFG) opened at $34.44 on Wednesday. MidWestOne Financial Group has a one year low of $30.56 and a one year high of $38.29. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.53. The company has a market cap of $424.61, a PE ratio of 16.97, a PEG ratio of 2.16 and a beta of 1.24.
MOFG has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of MidWestOne Financial Group from a “hold” rating to a “sell” rating in a research note on Thursday, November 2nd. BidaskClub downgraded shares of MidWestOne Financial Group from a “hold” rating to a “sell” rating in a research note on Friday, December 22nd.
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About MidWestOne Financial Group
MidWestOne Financial Group, Inc is a bank holding and financial holding company. The Company operates through its bank subsidiaries, MidWestOne Bank, Central Bank and MidWestOne Insurance Services, Inc that operates through three agencies located in central and east-central Iowa. As of December 31, 2016, the Bank operated a total of 43 banking offices in Iowa, Minnesota, Wisconsin, and Florida.
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