Mid Penn Bancorp, Inc. (MPB)
| Market Cap | 497.06M |
| Revenue (ttm) | 177.65M |
| Net Income (ttm) | 49.44M |
| Shares Out | 19.36M |
| EPS (ttm) | 2.90 |
| PE Ratio | 8.86 |
| Forward PE | 9.55 |
| Dividend | $0.80 (3.12%) |
| Ex-Dividend Date | Feb 7, 2025 |
| Volume | 97,807 |
| Open | 26.11 |
| Previous Close | 26.22 |
| Day's Range | 25.36 - 26.46 |
| 52-Week Range | 19.20 - 33.87 |
| Beta | 0.52 |
| Analysts | Buy |
| Price Target | 36.00 (+40.19%) |
| Earnings Date | Apr 23, 2025 |
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. It offers various time and demand deposit products, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit, and individual retirement accounts. The company 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]
Financial Performance
In 2024, Mid Penn Bancorp's revenue was $177.65 million, an increase of 9.01% compared to the previous year's $162.96 million. Earnings were $49.44 million, an increase of 32.20%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for MPB stock is "Buy." The 12-month stock price forecast is $36.0, which is an increase of 40.19% from the latest price.
News
Mid Penn Bancorp, Inc. and William Penn Bancorporation Receive Regulatory Approvals for Merger
HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB) and William Penn Bancorporation (“William Penn”) (NASDAQ: WMPN) announced today that they have received all required...
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...
Mid Penn Bancorp, Inc. Reports Fourth Quarter and Full Year Earnings Beat and Declares 57th 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...
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...
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...
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 ...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...