IOWA CITY, Iowa (AP) — IOWA CITY, Iowa (AP) — MidWestOne Financial Group Inc. (MOFG) on Thursday reported net income of $15.8 million in its second quarter.
The bank, based in Iowa City, Iowa, said it had earnings of $1 per share. Earnings, adjusted for non-recurring gains, came to 45 cents per share.
The holding company for MidWestOne Bank posted revenue of $94.3 million in the period. Its revenue net of interest expense was $57.9 million, exceeding Street forecasts.
_____
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
