MidWestOne Financial Group, Inc. (MOFG) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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MOFG Revenue Growth
Revenue Breakdown (FY 2024)
MOFG's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
MOFG Revenue Analysis (2013–2024)
As of May 7, 2026, MidWestOne Financial Group, Inc. (MOFG) generated trailing twelve-month (TTM) revenue of $350.8 million. The most recent quarter (Q3 2025) recorded $89.2 million in revenue, up 1.7% sequentially.
Looking at the longer-term picture, MOFG's 5-year compound annual growth rate (CAGR) stands at -0.7%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $268.0 million in 2023.
Revenue diversification analysis shows MOFG's business is primarily driven by Reportable Segment (100%). With over half of revenue concentrated in Reportable Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including FBIZ, IROQ, and MVBF. Compare MOFG vs FBIZ →
MOFG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $351M | - | -0.7% | -40.8% | ||
| $279M | - | - | 21.6% | ||
| $48M | - | - | 12.2% | ||
| $270M | - | - | 13.6% | ||
| $90M | - | - | 7.0% | ||
| $909M | - | - | 30.3% |
MOFG Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $206.0M | - | $60.5M | 29.4% | $-83,988,000 | -40.8% |
| 2023 | $268.0M | - | $156.7M | 58.5% | $24.8M | 9.3% |
| 2022 | $244.3M | - | $209.4M | 85.7% | $76.6M | 31.4% |
| 2021 | $219.2M | - | $206.1M | 94.0% | $89.5M | 40.8% |
| 2020 | $223.4M | - | $163.2M | 73.1% | $13.3M | 6.0% |
| 2019 | $213.7M | - | $167.7M | 78.5% | $50.2M | 23.5% |
| 2018 | $151.3M | - | $121.2M | 80.1% | $38.0M | 25.1% |
| 2017 | $141.7M | - | $109.2M | 77.1% | $29.1M | 20.5% |
| 2016 | $135.8M | - | $115.1M | 84.7% | $27.3M | 20.1% |
| 2015 | $121.9M | - | $106.1M | 87.1% | $32.9M | 27.0% |
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Start ComparisonMOFG — Frequently Asked Questions
Quick answers to the most common questions about buying MOFG stock.
Is MOFG's revenue growth accelerating or slowing?
MOFG TTM revenue: $351M. YoY growth: N/A. 5-year CAGR: -0.7%.
What is MOFG's long-term revenue growth rate?
MidWestOne Financial Group, Inc.'s 5-year revenue CAGR of -0.7% reflects the variable expansion pattern. Current YoY growth of N/A is near this long-term average.
How is MOFG's revenue distributed by segment?
MOFG reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.