MidWestOne Financial Group, Inc. — Cyborg Score 4/10
Mixed
Regional Banking / Community Banking
Strategic Profile
As the third-largest bank headquartered in Iowa, MidWestOne operates a multi-state footprint serving five states. In April 2023, MidWestOne communicated a Strategic Plan designed to further a relationship-driven approach to community banking, driven by talent and expertise. The company pursues inorganic growth through acquisitions of complementary regional banks.
Cyborg Score Rationale
With a market capitalization of $589M and trailing twelve-month revenue of $82.4M (as of May 2025), MidWestOne operates as a modestly-sized regional bank. The company reported negative EPS of -$3.53 for the trailing twelve months (as of May 2025), indicating recent profitability pressures, though this may reflect temporary headwinds rather than structural weakness.
Top Insights
Multi-state footprint spanning five states with 55+ banking offices provides diversified revenue streams
Completed Iowa First Bancshares acquisition (June 2022) for $46.7M to expand Muscatine and Jefferson County market presence
Negative EPS (as of May 2025) suggests recent earnings pressure despite revenue base of $82.4M
Community banking focus on personal banking, small business, wealth management, and mortgages limits exposure to capital markets volatility
Named Competitors
West Bancorporation — Midwest regional bank
American State Bank — Midwest regional bank
Hills Bank — Midwest regional bank
Recent Developments
(June 2022) Completed Iowa First Bancshares acquisition for $46.7M
(May 2024) Appointed three new board members to accelerate strategic transformation initiatives
(May 2025) Stock trading at $28.30 with market cap of $589M
Open the full interactive MidWestOne Financial Group, Inc. report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.