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Mid Penn Bancorp

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Sentiment 3-Months
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Business Wire
8 days ago
Mid Penn Bank Hires Dana Stewart as Chief Operating Officer
MILLERSBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bank (the “Bank”), a wholly-owned subsidiary of Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), announces the appointment of Dana Stewart as first executive vice president and chief operating officer, effective January 5, 2026. In this role, he will lead the Bank's loan and deposit operations groups and will report to President and CEO Rory Ritrievi. Stewart brings more than 35 years of experience in the financial services industry. Most recently,.
Mid Penn Bank Hires Dana Stewart as Chief Operating Officer
Neutral
Business Wire
11 days ago
Mid Penn Bancorp, Inc. Completes Acquisition of Cumberland Advisors, Inc.
HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (NASDAQ: MPB) (“Mid Penn”), parent company of Mid Penn Bank, announced today that its acquisition of Sarasota, FL-based Cumberland Advisors, Inc. (“Cumberland”) was completed on January 1, 2026. A registered investment advisory firm with clients both nationally and internationally, Cumberland had approximately $3.2 billion in assets under management as of December 31, 2025. In connection with the acquisition, Cumberland has been merged wi.
Mid Penn Bancorp, Inc. Completes Acquisition of Cumberland Advisors, Inc.
Neutral
Business Wire
2 months ago
Mid Penn Bancorp, Inc. Reports Third Quarter Earnings and Declares 60th 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 September 30, 2025, of $18.3 million, or $0.80 per basic and $0.79 per diluted common share, compared to net income of $4.8 million, or $0.22 per basic and diluted common share, for the second quarter of 2025, and exceeded the consensus a.
Mid Penn Bancorp, Inc. Reports Third Quarter Earnings and Declares 60th Consecutive Quarterly Dividend
Neutral
Business Wire
3 months ago
Mid Penn Bancorp, Inc. to Acquire Cumberland Advisors
HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (NASDAQ: MPB) (“Mid Penn”), parent company of Mid Penn Bank, announced today that it has entered into an agreement to acquire Sarasota, FL-based Cumberland Advisors (“Cumberland”). Cumberland recorded a year-to-date annualized revenue of $9.0 million as of the quarter ended June 30, 2025, and is expected to bring approximately $3.3 billion new assets under management to the combined company. The Company expects the transaction to be earni.
Mid Penn Bancorp, Inc. to Acquire Cumberland Advisors
Neutral
Business Wire
3 months ago
Mid Penn Bancorp, Inc. Announces Agreement to Acquire 1st Colonial Bancorp, Inc.
HARRISBURG, Pa. & MOUNT LAUREL, N.J.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (“Mid Penn”) (Nasdaq: MPB) and 1st Colonial Bancorp, Inc. (“1st Colonial”) (OTCPK: FCOB) jointly announced today that they have entered into a definitive agreement pursuant to which Mid Penn will acquire 1st Colonial in a cash and stock transaction valued at approximately $101 million. The merger agreement has been unanimously approved by the board of directors of each company. The transaction is expected to close lat.
Mid Penn Bancorp, Inc. Announces Agreement to Acquire 1st Colonial Bancorp, Inc.
Neutral
Business Wire
5 months 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
8 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
8 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
9 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
9 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