MidWestOne Financial Group, Inc. announces an Equity Buyback for $15 million worth of its shares.
April 27, 2023 at 04:45 pm EDT
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MidWestOne Financial Group, Inc. (NasdaqGS:MOFG) announces a share repurchase program. Under the program, the company will repurchase up to $15 million of its shares. The plan will be valid till December 31, 2025.
MidWestOne Financial Group, Inc. (MidWestOne) is a financial holding company. MidWestOne is the parent company of MidWestOne Bank (the Bank), which operates banking offices in Iowa, Minnesota, Wisconsin, Florida, and Colorado. MidWestOne provides electronic delivery of financial services through its Website, MidWestOne.bank. The Bank is focused on 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. The Bank also provides deposit products, including demand and interest checking accounts, savings accounts, money market accounts, and time deposits. Complementary to its loan and deposit products, the Bank also provides products and services, including treasury management, Zelle, online and mobile banking, credit and debit cards, ATMs, and safe deposit boxes. The Bank also has a trust department and an investment services department.
MIDWESTONE FINANCIAL GROUP, INC. 
