MOFG - Dividend announcements

IOWA CITY, Iowa, Feb. 02, 2024 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (NASDAQ:MOFG) ("MidWestOne" or the "Company"), parent company of MidWestOne Bank (the "Bank"), today announced the completion of its acquisition of Denver Bankshares, Inc. ("DNVB"), parent company of the Bank of Denver, effective January 31, 2024. Immediately following completion of the acquisition, the Bank of Denver was merged with and into the Bank. Under the terms of the merger agreement, DNVB shareholders received $462.42 in cash in exchange for each share of DNVB stock. The value of the total deal consideration was $32.6 million. With the addition of DNVB, on a pro forma basis, MidWestOne would have

IOWA CITY, Iowa, Sept. 25, 2023 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (NASDAQ:MOFG) ("MidWestOne", "we", "our", or the "Company") today announced that it has executed a definitive purchase and assumption agreement for the sale of its Florida operations to DFCU Financial. This transaction is an all cash deal that has been approved by the respective board of directors, and is expected to close in the second quarter of 2024. Transaction Highlights MidWestOne is divesting its Florida operations, identified as a non-core market during our 2023 long-term strategic planning processThe purchaser of our Florida operations is DFCU Financial, a $6.4 billion1 asset credit union headqu

IOWA CITY, Iowa, June 09, 2022 (GLOBE NEWSWIRE) -- MidWestOne Financial Group, Inc. (NASDAQ:MOFG) ("MidWestOne"), parent company of MidWestOne Bank (the "Bank"), today announced the completion of its acquisition of Iowa First Bancshares Corp. (OTC:IOFB) ("IOFB"), parent company of First National Bank of Muscatine and First National Bank in Fairfield, effective June 9, 2022. Immediately following completion of the acquisition, First National Bank of Muscatine and First National Bank in Fairfield were merged with and into the Bank. Under the terms of the merger agreement, IOFB shareholders received $42.14 in cash in exchange for each share of IOFB stock. The value of the total deal consider