Mid Penn Bancorp, Inc. (MPB)

NASDAQ: MPB · Real-Time Price · USD
31.45
-0.08 (-0.25%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.25%
Market Cap 597.40M
Revenue (ttm) 173.42M
Net Income (ttm) 48.30M
Shares Out 19.00M
EPS (ttm) 2.91
PE Ratio 10.82
Forward PE 10.97
Dividend $0.80 (2.58%)
Ex-Dividend Date Nov 8, 2024
Volume 38,900
Open 31.45
Previous Close 31.53
Day's Range 30.91 - 31.45
52-Week Range 19.20 - 33.23
Beta 0.56
Analysts Buy
Price Target 32.67 (+3.88%)
Earnings Date Oct 23, 2024

About MPB

Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations. The company offers various time and demand deposit products, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit, and individual retirement accounts. It also provides a range of loan products comprising mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of cr... [Read more]

Sector Financials
Founded 1868
Employees 645
Stock Exchange NASDAQ
Ticker Symbol MPB
Full Company Profile

Financial Performance

In 2023, Mid Penn Bancorp's revenue was $163.36 million, a decrease of -2.29% compared to the previous year's $167.19 million. Earnings were $37.40 million, a decrease of -31.76%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for MPB stock is "Buy." The 12-month stock price forecast is $32.67, which is an increase of 3.88% from the latest price.

Price Target
$32.67
(3.88% upside)
Analyst Consensus: Buy
Stock Forecasts

News

WILLIAM PENN INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of William Penn Bancorporation - WMPN

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of William Penn Ban...

Other symbols: WMPN
15 days ago - Business Wire

Mid Penn Bancorp, Inc. Announces Closing of Public Offering of Common Stock

HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (“Mid Penn” or the “Company”) (NASDAQ: MPB), the parent company of Mid Penn Bank, announced today that it has completed its underwritten public...

16 days ago - Business Wire

Mid Penn Bancorp, Inc. Announces Pricing of $70 Million Offering of Common Stock

HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (NASDAQ: MPB) (“Mid Penn” or the “Company”) today announced the pricing of its public offering of 2,375,000 shares of its common stock (the “co...

20 days ago - Business Wire

Mid Penn Bancorp, Inc. to Acquire William Penn Bancorporation

HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (NASDAQ: MPB) (“Mid Penn”) and William Penn Bancorporation (“William Penn”) (NASDAQ: WMPN) jointly announced today that they have entered into ...

Other symbols: WMPN
20 days ago - Business Wire

Mid Penn Bancorp, Inc. Reports Third Quarter Earnings Beat and Declares 56th Consecutive Quarterly Dividend

HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (NASDAQ: MPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income availab...

4 weeks ago - Business Wire

Mid Penn Bancorp, Inc. Reports Second Quarter Earnings Beat and Declares 55th Consecutive Quarterly Dividend

HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (NASDAQ: MPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income availab...

4 months ago - Business Wire

Mid Penn Bancorp, Inc. Reports First Quarter Earnings Beat and Declares 54th Consecutive Quarterly Dividend

HARRISBURG, Pa.--(BUSINESS WIRE)-- #Banking--Mid Penn Bancorp, Inc. (NASDAQ: MPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net inc...

7 months ago - Business Wire

Mid Penn Bancorp, Inc. Reports Fourth Quarter Earnings and Declares Quarterly Dividend

HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (NASDAQ: MPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income availab...

10 months ago - Business Wire

Mid Penn Bank Promotes Jordan Space to President of the Private Bank and Chief Operating Officer of the Company

MILLERSBURG, Pa.--(BUSINESS WIRE)-- #banking--Mid Penn Bank (the “Bank”), a wholly-owned subsidiary of Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), announces the promotion of Jordan D. Space to ...

10 months ago - Business Wire

Mid Penn Bank Promotes Scott Micklewright to President of the Commercial and Consumer Bank

MILLERSBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bank (the “Bank”), a wholly-owned subsidiary of Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), is pleased to announce the promotion of Scott Micklewrigh...

10 months ago - Business Wire

Mid Penn Bancorp, Inc. Reports Third Quarter Earnings And Declares Dividend

HARRISBURG, Pa., Oct. 25, 2023 (GLOBE NEWSWIRE) -- October 25, 2023 – Harrisburg, PA – Mid Penn Bancorp, Inc. (NASDAQ: MPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Finan...

1 year ago - GlobeNewsWire

Mid Penn Bancorp, Inc. Reports Second Quarter Earnings and Declares Dividend

HARRISBURG, Pa., July 27, 2023 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (NASDAQ: MPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported n...

1 year ago - GlobeNewsWire

Mid Penn Bancorp, Inc. Announces Appointment of Joel L. Frank to Board of Directors

HARRISBURG, Pa., May 25, 2023 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (Mid Penn) (NASDAQ: MPB), headquartered in Harrisburg, Pennsylvania, is pleased to announce the appointment of Joel L. Frank to...

1 year ago - GlobeNewsWire

Mid Penn Bancorp, Inc. Announces Appointment of Albert J. Evans to Board of Directors

HARRISBURG, Pa., May 25, 2023 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (Mid Penn) (NASDAQ: MPB), headquartered in Harrisburg, Pennsylvania, is pleased to announce the appointment of Mr. Albert J. (B...

1 year ago - GlobeNewsWire

Mid Penn Bancorp, Inc. Completes Acquisition of Brunswick Bancorp

HARRISBURG, Pa., May 22, 2023 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB) today announced that its acquisition of Brunswick Bancorp (“Brunswick”) was completed after the clos...

1 year ago - GlobeNewsWire

Mid Penn Bancorp, Inc. Reports First Quarter Earnings and Declares Dividend

HARRISBURG, Pa., April 28, 2023 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (NASDAQ: MPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported ...

1 year ago - GlobeNewsWire

Mid Penn Bancorp, Inc. and Brunswick Bancorp Receive Regulatory and Shareholder Approvals for Merger

HARRISBURG, Pa. and NEW BRUNSWICK, N.J., April 25, 2023 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB) and Brunswick Bancorp (“Brunswick”) (OTCMPK: BRBW) announced today that th...

1 year ago - GlobeNewsWire

BRUNSWICK BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Brunswick Bancorp - BRBW

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Brunswick Bancor...

1 year ago - Business Wire

Mid Penn Bancorp, Inc. Announces Appointment of New Board Member

HARRISBURG, Pa., March 14, 2023 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (Mid Penn) (NASDAQ: MPB), headquartered in Harrisburg, Pennsylvania, is pleased to announce the appointment of Mr. Bruce A. K...

1 year ago - GlobeNewsWire

Mid Penn Bancorp, Inc. Reports Fourth Quarter Earnings and Declares Dividend

HARRISBURG, Pa., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (NASDAQ: MPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported n...

1 year ago - GlobeNewsWire

Mid Penn Bancorp, Inc. Signs Definitive Agreement to Acquire Brunswick Bancorp

Acquisition results in a meaningful expansion into the attractive central New Jersey market and results in a combined bank with approximately $5.0 billion in assets Acquisition results in a meaningful...

2 years ago - GlobeNewsWire

Mid Penn Bancorp, Inc. Reports Third Quarter Earnings and Declares Dividend

HARRISBURG, Pa., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (NASDAQ: MPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported n...

2 years ago - GlobeNewsWire

Mid Penn Bank to Open New Financial Center in Lehigh County

HARRISBURG, Pa., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Mid Penn Bank (“Bank”), a wholly-owned subsidiary of Mid Penn Bancorp, Inc. (“Mid Penn”) (Nasdaq: MPB), has received approval from the Pennsylvania D...

2 years ago - GlobeNewsWire

Mid Penn Bank to Open New Financial Center in Montgomery County

HARRISBURG, Pa., Sept. 22, 2022 (GLOBE NEWSWIRE) -- Mid Penn Bank (the “Bank”), a wholly-owned subsidiary of Mid Penn Bancorp, Inc. (“Mid Penn”) (Nasdaq: MPB), has received approval from the Pennsylva...

2 years ago - GlobeNewsWire

Mid Penn Bancorp, Inc. Hires Allison Johnson as SEVP, Chief Financial Officer

HARRISBURG, Pa., May 12, 2022 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), the parent company of Mid Penn Bank (the “Bank”), announces the appointment of Allison Johnson as s...

2 years ago - GlobeNewsWire