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AP Iowa News

MidWestOne: Q1 Earnings Snapshot

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Published 3:32 pm

IOWA CITY, Iowa (AP) — IOWA CITY, Iowa (AP) — MidWestOne Financial Group Inc. (MOFG) on Thursday reported net income of $15.1 million in its first quarter.

The Iowa City, Iowa-based bank said it had earnings of 73 cents per share.

The holding company for MidWestOne Bank posted revenue of $84.9 million in the period. Its revenue net of interest expense was $57.6 million, which fell short of Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MOFG at https://www.zacks.com/ap/MOFG

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