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MidWestOne reports Q1 EPS 21c, consensus 39c

Reports Q1 revenue $44.48M, consensus $34.58M. Reports Q1 tangible book value per share $27.14. Charles Reeves, Chief Executive Officer of the Company, commented, “We are very pleased with the underlying strength of the first quarter as we continue to execute on our strategic initiatives. During the quarter we closed and integrated Denver Bankshares, the front end of our geographic realignment announced in late September 2023, and our Florida divestiture remains on track for a June 2024 closing.

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