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MidWestOne Financial Group acquires DNVB in Denver

PRIVATEMay 06, 2025

Acquiring Company

MidWestOne Financial Group

Acquired Company

DNVB

The University Of IowaDenverFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

MidWestOne Financial Group, Inc. has acquired DNVB, a bank holding company, on January 31, 2024. This acquisition aims to enhance its market presence in Denver, Colorado. The deal included a core deposit intangible valued at $7.1 million. This strategic move supports MidWestOne's growth and operational expansion in the region.

Quick answer

MidWestOne Financial Group is acquiring DNVB, announced May 6, 2025. MidWestOne Financial Group is based in The University Of Iowa, Iowa, United States.

How much did MidWestOne Financial Group pay for DNVB?
The deal value was not disclosed.
What does MidWestOne Financial Group do?
MidWestOne Financial Group, Inc. is a financial holding company headquartered in Iowa City, Iowa.
Where are MidWestOne Financial Group and DNVB based?
MidWestOne Financial Group is based in The University Of Iowa, Iowa, United States. DNVB is based in Denver, Colorado, United States.

Source: Fundz verified event record.

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Company Information

Company

MidWestOne Financial Group

Location

The University Of Iowa, Iowa, United States

About

MidWestOne Financial Group, Inc. is a financial holding company headquartered in Iowa City, Iowa. MidWestOne is the parent company of MidWestOne Bank, which operates banking offices in Iowa, Minnesota, Wisconsin, Florida, and Colorado. It provides electronic delivery of financial services through its website, MidWestOne.bank. MidWestOne Financial Group, Inc. trades on the Nasdaq Global Select Market under the symbol “MOFG”.

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Frequently asked

Who acquired DNVB?

DNVB was acquired by MidWestOne Financial Group, based in The University Of Iowa. The deal was reported on May 6, 2025. MidWestOne Financial Group, Inc. is a financial holding company headquartered in Iowa City, Iowa. MidWestOne Financial Group is privately held and operates in Financial Services.

When did MidWestOne Financial Group acquire DNVB?

MidWestOne Financial Group's acquisition of DNVB was reported on May 6, 2025. MidWestOne Financial Group, Inc. has acquired DNVB, a bank holding company, on January 31, 2024. This acquisition aims to enhance its market presence in Denver, Colorado. The deal included a core deposit intangible valued at $7.1 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does DNVB do?

DNVB is a bank holding company that operates within the banking sector. It offers financial services, including commercial and consumer banking. The company serves a diverse clientele and is focused on expanding its market footprint. It is privately held, operating in Financial Services, and is based in Denver.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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