MidWestOne Financial Group, Inc.

NasdaqGS:MOFG Stock Report

Market Cap: US$816.4m

MidWestOne Financial Group Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Chip Reeves

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage40.14%
CEO tenure3yrs
CEO ownership0.4%
Management average tenure3.6yrs
Board average tenure6.7yrs

Recent management updates

Recent updates

MidWestOne Financial Group's (NASDAQ:MOFG) Dividend Will Be $0.2425

Aug 11
MidWestOne Financial Group's (NASDAQ:MOFG) Dividend Will Be $0.2425

MidWestOne Financial Group (NASDAQ:MOFG) Has Affirmed Its Dividend Of $0.2425

Jul 28
MidWestOne Financial Group (NASDAQ:MOFG) Has Affirmed Its Dividend Of $0.2425

MidWestOne Financial Group's (NASDAQ:MOFG) Dividend Will Be $0.2425

Oct 29
MidWestOne Financial Group's (NASDAQ:MOFG) Dividend Will Be $0.2425
User avatar

Decisive Shifts And Diversified Growth Avenues Poised To Elevate Bank's Profitability And Margins

Strategic divestitures and focus on high-growth areas aim to boost efficiency, net margins, and revenue through improved customer and employee engagement.

MidWestOne Financial Group (NASDAQ:MOFG) Has Announced A Dividend Of $0.2425

Apr 30
MidWestOne Financial Group (NASDAQ:MOFG) Has Announced A Dividend Of $0.2425

MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

Jan 30
MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

Nov 21
MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

Oct 31
MidWestOne Financial Group (NASDAQ:MOFG) Will Pay A Dividend Of $0.2425

MidWestOne Financial Group's (NASDAQ:MOFG) Dividend Will Be $0.2425

Aug 28
MidWestOne Financial Group's (NASDAQ:MOFG) Dividend Will Be $0.2425

MidWestOne Financial Group (NASDAQ:MOFG) Is Increasing Its Dividend To $0.2425

Aug 04
MidWestOne Financial Group (NASDAQ:MOFG) Is Increasing Its Dividend To $0.2425

MidWestOne Financial Group's (NASDAQ:MOFG) Shareholders Will Receive A Bigger Dividend Than Last Year

May 02
MidWestOne Financial Group's (NASDAQ:MOFG) Shareholders Will Receive A Bigger Dividend Than Last Year

CEO Compensation Analysis

How has Chip Reeves's remuneration changed compared to MidWestOne Financial Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

US$58m

Jun 30 2025n/an/a

-US$54m

Mar 31 2025n/an/a

-US$48m

Dec 31 2024US$2mUS$647k

-US$60m

Sep 30 2024n/an/a

-US$74m

Jun 30 2024n/an/a

US$31m

Mar 31 2024n/an/a

US$23m

Dec 31 2023US$1mUS$625k

US$21m

Sep 30 2023n/an/a

US$34m

Jun 30 2023n/an/a

US$43m

Mar 31 2023n/an/a

US$48m

Dec 31 2022US$945kUS$104k

US$61m

Compensation vs Market: Chip's total compensation ($USD1.61M) is below average for companies of similar size in the US market ($USD3.48M).

Compensation vs Earnings: Chip's compensation has been consistent with company performance over the past year.


CEO

Chip Reeves (57 yo)

3yrs
Tenure
US$1,611,393
Compensation

Mr. Charles N. Reeves, also known as Chip, is the Chief Executive Officer and Director of MidWestOne Financial Group, Inc. and MidWestOne Bank from November 1, 2022. Prior to joining MidWestOne, Mr. Reeves...


Leadership Team

NamePositionTenureCompensationOwnership
Charles Reeves
CEO & Director3yrsUS$1.61m0.40%
$ 3.2m
Len Devaisher
President & COO5.3yrsUS$964.19k0.13%
$ 1.1m
Barry Ray
Senior Executive VP7.4yrsUS$817.45k0.088%
$ 720.4k
Paul A. Ho-Sing-Loy
VP & Chief Information Officer1.4yrsUS$460.45k0.0090%
$ 73.4k
Gary Sims
Senior VP & Chief Credit Officer7.4yrsUS$591.42k0.070%
$ 571.5k
John Ruppel
Chief Accounting Officer3.3yrsno data0.011%
$ 90.1k
John Cooney
General Counsel & Corporate Secretaryless than a yearno datano data
Timothy Heth
VP & Chief Human Resources Officer3.8yrsno datano data
David Lindstrom
VP & Head of Consumer Bankingno dataUS$423.28kno data
Susan Moore
Senior VP & Chief Risk Officer6.8yrsno data0.043%
$ 352.6k
Chase Stafford
VP & Head of Commercial Bankingno datano datano data
Steven Heimermann
VP & Head of Wealth Management1.8yrsno datano data
3.6yrs
Average Tenure
54yo
Average Age

Experienced Management: MOFG's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Charles Reeves
CEO & Director3yrsUS$1.61m0.40%
$ 3.2m
Douglas Greeff
Independent Director6.5yrsUS$66.76k0.068%
$ 552.8k
Charles Funk
Director25yrsUS$72.47k0.66%
$ 5.4m
Carl Chaney
Independent Director1.6yrsUS$66.25k0.040%
$ 329.5k
Larry Albert
Independent Director7.1yrsUS$77.36k0.085%
$ 692.6k
Janet Godwin
Independent Director6.6yrsUS$71.26k0.046%
$ 376.2k
Jennifer Hauschildt
Independent Director6.8yrsUS$70.26k0.049%
$ 400.1k
Tracy McCormick
Independent Chairman of the Board14.6yrsUS$88.14k0.45%
$ 3.7m
Ruth Heinonen
Independent Director10.5yrsUS$70.46k0.045%
$ 366.4k
Nathaniel Kaeding
Independent Director7.6yrsUS$66.86k0.040%
$ 330.2k
Matthew Hayek
Independent Director6.6yrsUS$81.64k0.055%
$ 451.7k
Andre Perry
Independent Directorless than a yearno datano data
6.7yrs
Average Tenure
61yo
Average Age

Experienced Board: MOFG's board of directors are considered experienced (6.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/29 01:01
End of Day Share Price 2025/11/28 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MidWestOne Financial Group, Inc. is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullD.A. Davidson & Co.
Brendan NosalHovde Group, LLC
Brian MartinJanney Montgomery Scott LLC