Mid Penn Bancorp, Inc. (MPB)
| Market Cap | 328.16M |
| Revenue (ttm) | 163.69M |
| Net Income (ttm) | 37.40M |
| Shares Out | 16.57M |
| EPS (ttm) | 2.29 |
| PE Ratio | 8.65 |
| Forward PE | 7.56 |
| Dividend | $0.80 (4.04%) |
| Ex-Dividend Date | Feb 8, 2024 |
| Volume | 37,478 |
| Open | 19.47 |
| Previous Close | 19.52 |
| Day's Range | 19.26 - 19.81 |
| 52-Week Range | 18.25 - 25.92 |
| Beta | 0.58 |
| Analysts | Buy |
| Price Target | 26.00 (+31.31%) |
| Earnings Date | Apr 30, 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]
Financial Performance
In 2023, MPB's revenue was $163.69 million, a decrease of -2.10% compared to the previous year's $167.19 million. Earnings were $37.40 million, a decrease of -31.76%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for MPB stock is "Buy." The 12-month stock price forecast is $26.0, which is an increase of 31.31% from the latest price.
News
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...
SHAREHOLDER ALERT: Weiss Law Investigates Brunswick Bancorp
NEW YORK , Dec. 21, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Brunswick Bancorp ("Brunswick" or the "...
SHAREHOLDER ALERT: Weiss Law Investigates Mid Penn Bancorp, Inc.
NEW YORK , Dec. 21, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Mid Penn Bancorp, Inc. ("Mid Penn" or t...
MPB STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Merger of Mid Penn Bancorp, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Mid Penn Bancorp, Inc. (NASDAQ: MPB) and Brunswick Bancorp is fair to Mid Penn shareh...
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...
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...
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...
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 ...
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 ...
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 n...
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 complete...