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Mid Penn Bancorp

30.05 USD
-0.13
0.43%
At close Updated Sep 12, 4:00 PM EDT
1 day
-0.43%
5 days
-0.89%
1 month
5.55%
3 months
12%
6 months
16.43%
Year to date
6.56%
1 year
4.56%
5 years
60.7%
10 years
84.13%
 

About: Mid Penn Bancorp Inc operates in the financial services domain. It conducts commercial banking and trust business in the United States. Its range of services comprises mortgage and home equity loans, secured and unsecured consists and consumer loans, lines of credit, construction financing, farm loans, community development, local government loans, and various types of time and demand deposits.

Employees: 614

0
Funds holding %
of 7,462 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

141% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 22

46% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 13

23% more capital invested

Capital invested by funds: $254M [Q1] → $312M (+$57.9M) [Q2]

6.51% more ownership

Funds ownership: 50.59% [Q1] → 57.11% (+6.51%) [Q2]

6% more funds holding

Funds holding: 109 [Q1] → 115 (+6) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$34
13% upside
Avg. target
$34
13% upside
High target
$34
13% upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Keefe, Bruyette & Woods
Timothy Switzer
$34
Outperform
Maintained
4 Aug 2025

Financial journalist opinion

Neutral
Business Wire
1 month ago
Mid Penn Bancorp, Inc. Reports Second Quarter Earnings and Declares 59th 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 available to common shareholders ("earnings") for the quarter ended June 30, 2025, of $4.8 million, or $0.22 per diluted common share, compared to net income of $11.8 million, or $0.71 per diluted common share, for the second quarter of 2024. Net income, excluding non-recurring income and expenses(1) for.
Mid Penn Bancorp, Inc. Reports Second Quarter Earnings and Declares 59th Consecutive Quarterly Dividend
Neutral
Business Wire
4 months ago
Mid Penn Bancorp, Inc. Completes Acquisition of William Penn Bancorporation
HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB) today announced that its acquisition of William Penn Bancorporation (“William Penn”) was completed after the close of business on April 30, 2025. In connection with the holding company merger, William Penn's banking subsidiary, William Penn Bank, has been merged with and into Mid Penn's subsidiary bank, Mid Penn Bank. The all-stock transaction was valued at approximately $120 million and will extend Mid Penn's f.
Mid Penn Bancorp, Inc. Completes Acquisition of William Penn Bancorporation
Neutral
Business Wire
4 months ago
Mid Penn Bancorp, Inc. Reports First Quarter Earnings and Declares 58th 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 available to common shareholders ("earnings") for the quarter ended March 31, 2025, of $13.7 million, or $0.71 per diluted common share, compared to net income of $12.1 million, or $0.73 per diluted common share, for the first quarter of 2024, and a consensus analyst estimate of $0.63 per diluted common s.
Mid Penn Bancorp, Inc. Reports First Quarter Earnings and Declares 58th Consecutive Quarterly Dividend
Neutral
Business Wire
5 months ago
Mid Penn Bancorp, Inc. and William Penn Bancorporation Receive Shareholder 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 shareholders from both Mid Penn and William Penn overwhelmingly approved Mid Penn's proposed acquisition of William Penn at special meetings of their respective shareholders held on April 2, 2025. “The level of support for this transaction was tremendous,” Mid Penn President and CEO Rory G. Ritrievi said. “Of the total number of.
Mid Penn Bancorp, Inc. and William Penn Bancorporation Receive Shareholder Approvals for Merger
Neutral
Business Wire
5 months ago
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 approvals from the applicable bank regulatory agencies to complete the proposed merger of William Penn with and into Mid Penn. Pending receipt of approval from shareholders of Mid Penn and William Penn, and certain other customary closing conditions, the parties intend to close the transaction in.
Mid Penn Bancorp, Inc. and William Penn Bancorporation Receive Regulatory Approvals for Merger
Neutral
Business Wire
7 months ago
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 Bancorporation (NasdaqCM: WMPN) to Mid Penn Bancorp, Inc. (NasdaqGM: MPB). Under the terms of the proposed transaction, shareholders of William Penn will receive 0.4260 shares of Mid Penn for each share of William Penn that they own. KSF is seeking to determine whether this consideration and the p.
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
Negative
Zacks Investment Research
7 months ago
Mid Penn Bancorp (MPB) Lags Q4 Earnings Estimates
Mid Penn Bancorp (MPB) came out with quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of $0.74 per share. This compares to earnings of $0.73 per share a year ago.
Mid Penn Bancorp (MPB) Lags Q4 Earnings Estimates
Neutral
Business Wire
7 months ago
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 available to common shareholders ("earnings") for the quarter ended December 31, 2024, of $13.2 million, or $0.72 per diluted common share, compared to net income of $12.1 million, or $0.73 per diluted common share, for the fourth quarter of 2023, and a consensus analyst estimate of $0.71 per diluted comm.
Mid Penn Bancorp, Inc. Reports Fourth Quarter and Full Year Earnings Beat and Declares 57th Consecutive Quarterly Dividend
Neutral
Business Wire
10 months ago
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 Bancorporation (NasdaqCM: WMPN) to Mid Penn Bancorp, Inc. (NasdaqGM: MPB). Under the terms of the proposed transaction, shareholders of William Penn will receive 0.4260 shares of Mid Penn for each share of William Penn that they own. KSF is seeking to determine whether this consideration and the p.
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
Neutral
Business Wire
10 months ago
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 offering of 2,375,000 shares of common stock at a price of $29.50 per share. The aggregate gross proceeds of the offering were $70 million. The net proceeds of the offering after deducting the underwriting discount and other estimated offering expenses are expected to be approximately $67 million.
Mid Penn Bancorp, Inc. Announces Closing of Public Offering of Common Stock
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