Mid Penn Bancorp, Inc. (MPB)

NASDAQ: MPB · IEX Real-Time Price · USD
29.38
+0.21 (0.72%)
Aug 8, 2022 4:00 PM EDT - Market closed
0.72%
Market Cap 466.50M
Revenue (ttm) 137.78M
Net Income (ttm) 31.36M
Shares Out 15.88M
EPS (ttm) 2.17
PE Ratio 13.54
Forward PE n/a
Dividend $0.80 (2.72%)
Ex-Dividend Date Aug 9, 2022
Volume 9,004
Open 29.55
Previous Close 29.17
Day's Range 29.25 - 29.58
52-Week Range 24.81 - 33.89
Beta 0.53
Analysts Buy
Price Target 34.68 (+18.0%)
Earnings Date Jul 25, 2022

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 IRAs. It also provides a range of loan products comprising mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, construction financi... [Read more...]

Industry Banks
Founded 1868
Employees 573
Stock Exchange NASDAQ
Ticker Symbol MPB
Full Company Profile

Financial Performance

In 2021, MPB's revenue was $127.16 million, an increase of 24.77% compared to the previous year's $101.92 million. Earnings were $29.32 million, an increase of 11.87%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for MPB stock is "Buy." The 12-month stock price forecast is 34.68, which is an increase of 18.04% from the latest price.

Price Target
$34.68
(18.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Mid Penn Bancorp (MPB) Surpasses Q2 Earnings and Revenue Estimates

Mid Penn Bancorp (MPB) delivered earnings and revenue surprises of 13.24% and 5.02%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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

HARRISBURG, Pa., July 27, 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 net...

New Strong Buy Stocks for June 30th

BANR, MPB, UNTY, AAON, and TAC have been added to the Zacks Rank #1 (Strong Buy) List on June 30, 2022.

Other symbols: AAONBANRTACUNTY

Best Income Stocks to Buy for June 30th

BANR and MPB made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 30, 2022.

Other symbols: BANR

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 sen...

Mid Penn Bank Hires Jordan Space as EVP, Chief Corporate Development Officer

HARRISBURG, Pa., May 11, 2022 (GLOBE NEWSWIRE) -- Mid Penn Bank (the “Bank”), a wholly owned subsidiary of Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), announces the appointment of Jordan Space as...

Mid Penn Bancorp (MPB) Q1 Earnings and Revenues Surpass Estimates

Mid Penn Bancorp (MPB) delivered earnings and revenue surprises of 2.90% and 4.65%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

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

HARRISBURG, Pa. , April 27, 2022 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), the parent company of Mid Penn Bank (the “Bank”) and MPB Financial Services, LLC, today reported n...

Mid Penn Bank Listed in Top 50 Best-Performing Large Community Banks

HARRISBURG, Pa., March 29, 2022 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MBP), the parent company of Mid Penn Bank (the “Bank”), is proud to announce that it has been named to th...

Mid Penn Bancorp (MPB) Beats Q4 Earnings Estimates (Revised)

Mid Penn Bancorp (MPB) delivered earnings and revenue surprises of 14.52% and 5.54%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Mid Penn Bancorp (MPB) Misses Q4 Earnings Estimates

Mid Penn Bancorp (MPB) delivered earnings and revenue surprises of -91.94% and 5.54%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

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

HARRISBURG, Pa., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), the parent company of Mid Penn Bank (the “Bank”) and MPB Financial Services, LLC, today reported net...

Analysts Estimate Mid Penn Bancorp (MPB) to Report a Decline in Earnings: What to Look Out for

Mid Penn Bancorp (MPB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Best Income Stocks to Buy for December 21st

BANR, CPLP, and MPB made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 21, 2021.

Other symbols: BANRCPLP

Mid Penn Bancorp, Inc. Completes Acquisition of Riverview Financial Corporation

MILLERSBURG, Pa., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB) today announced that its acquisition of Riverview Financial Corporation (“Riverview”) was completed ...

Shareholders of Mid Penn Bancorp, Inc. and Riverview Financial Corporation Approve Merger

MILLERSBURG, Pa. and HARRISBURG, Pa., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB) and Riverview Financial Corporation (“Riverview”) (NASDAQ: RIVE) announced today...

Mid Penn Bancorp, Inc. Receives Regulatory Approvals for Riverview Merger

MILLERSBURG, Pa. and HARRISBURG, Pa., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB) and Riverview Financial Corporation (“Riverview”) (NASDAQ: RIVE) announced today...

Mid Penn Bancorp (MPB) Tops Q3 Earnings and Revenue Estimates

Mid Penn Bancorp (MPB) delivered earnings and revenue surprises of 30.30% and 13.37%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

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

MILLERSBURG, Pa., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), the parent company of Mid Penn Bank (the “Bank”) and MPB Financial Services, LLC, today reported ne...

Mid Penn Bank Contributes $125,000 to the Pennsylvania Breast Cancer Coalition

MILLERSBURG, Pa., Oct. 05, 2021 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (NASDAQ: MPB), parent company of the wholly-owned subsidiaries Mid Penn Bank and MPB Financial Services, Inc., is pleased to an...

Mid Penn Bank Named Best Small Bank in Pennsylvania on Newsweek's list of America's Best Banks

MILLERSBURG, Pa., Oct. 05, 2021 (GLOBE NEWSWIRE) -- Mid Penn Bank (Mid Penn), a wholly owned subsidiary of Mid Penn Bancorp, Inc. (NASDAQ: MPB), has been named Best Small Bank in Pennsylvania by Newswee...

Mid Penn Bancorp Appoints Don Holt as Interim Chief Financial Officer

MILLERSBURG, Pa., Sept. 09, 2021 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (NASDAQ: MPB) and its wholly-owned subsidiary Mid Penn Bank (Bank), have announced the appointment of Donald F. Holt as Interi...

Mid Penn Bank Promotes Dickinson to Chief Retail Officer

MILLERSBURG, Pa., Aug. 24, 2021 (GLOBE NEWSWIRE) -- Mid Penn Bank (Bank), a wholly-owned subsidiary of Mid Penn Bancorp, Inc. (NASDAQ: MPB), is proud to announce that Executive Vice President, Joan Dick...

Mid Penn Bancorp (MPB) Misses Q2 Earnings Estimates

Mid Penn Bancorp (MPB) delivered earnings and revenue surprises of -4.12% and 13.18%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Mid Penn Bancorp, Inc. Reports Second Quarter 2021 Earnings and Declares Dividend

MILLERSBURG, Pa., July 26, 2021 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), the parent company of Mid Penn Bank (the “Bank”) and MPB Financial Services, LLC, today reported ne...