MidWestOne Financial Group, Inc. 5.75% 30-JUL-2030MidWestOne Financial Group, Inc. 5.75% 30-JUL-2030MidWestOne Financial Group, Inc. 5.75% 30-JUL-2030

MidWestOne Financial Group, Inc. 5.75% 30-JUL-2030

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MOFG5049155 analysis



Key facts


Issue date
Oct 26, 2020
Maturity date
Jul 30, 2030
Outstanding amount
‪64.75 M‬USD
Face value
1,000.00USD
Minimum denomination
100,000.00USD
Coupon
5.75% (Variable)
Yield to maturity
6.61%
MidWestOne Financial Group, Inc. is a financial holding company, focuses on delivering relationship-based business and personal banking products and services through its bank subsidiary, MidWestOne Bank. The Bank provides commercial loans, real estate loans, agricultural loans, credit card loans, and consumer loans. It also provides deposit products including demand and interest checking accounts, savings accounts, money market accounts, and time deposits. The Bank also provides products and services including treasury management, Zelle, online and mobile banking, debit cards, ATMs, and safe deposit boxes. It offers its products and services primarily through its full-service branch network, including 34 branches located throughout central and eastern Iowa, 13 branches located principally in the Minneapolis-St. Paul metropolitan area of Minnesota, seven branches in western Wisconsin, one branch in each of Naples and Fort Myers, Florida, and one branch in Denver, Colorado. MidWestOne Financial Group was founded in 1983 and is headquartered in Iowa City, IA.
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