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Mid Penn Bancorp, Inc.

MPB

Mid Penn Bancorp, Inc. • NASDAQ
$29.19 ▼ -0.65% (-0.19)
Market Cap $672.76 M
52w High $32.54
52w Low $22.50
Dividend Yield 0.82%
P/E 12.06
Volume 24.01K
Outstanding Shares 23.05M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $94.021M ▲ $36.954M ▼ $18.297M ▲ 19.461% ▲ $0.8 ▲ $26.44M ▲
Q2-2025 $85.542M ▲ $47.177M ▲ $4.762M ▼ 5.567% ▼ $0.22 ▼ $6.243M ▼
Q1-2025 $76.278M ▼ $29.937M ▲ $13.742M ▲ 18.016% ▲ $0.71 ▼ $18.411M ▲
Q4-2024 $78.754M ▲ $29.578M ▲ $13.232M ▲ 16.802% ▲ $0.72 ▼ $17.898M ▲
Q3-2024 $78.448M $29.388M $12.301M 15.68% $0.74 $16.611M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $432.083M ▼ $6.267B ▼ $5.471B ▼ $796.323M ▲
Q2-2025 $480.244M ▲ $6.355B ▲ $5.579B ▲ $775.708M ▲
Q1-2025 $323.061M ▲ $5.546B ▲ $4.878B ▲ $667.933M ▲
Q4-2024 $311.969M ▼ $5.471B ▼ $4.816B ▼ $655.018M ▲
Q3-2024 $332.514M $5.527B $4.954B $573.059M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $18.297M ▲ $26.275M ▼ $2.546M ▼ $-108.497M ▼ $-79.676M ▼ $24.329M ▼
Q2-2025 $4.762M ▼ $28.973M ▲ $139.095M ▲ $61.523M ▲ $229.591M ▲ $27.21M ▲
Q1-2025 $13.742M ▲ $11.529M ▲ $-36.293M ▼ $61.454M ▲ $36.69M ▲ $8.809M ▲
Q4-2024 $13.232M ▲ $4.096M ▼ $-21.094M ▲ $-56.833M ▼ $-73.831M ▼ $-2.156M ▼
Q3-2024 $12.301M $16.85M $-98.75M $120.569M $38.669M $16.832M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Debit Card
Debit Card
 $0 ▲$0 ▲$0 ▲$0 ▲
Deposit Account
Deposit Account
 $0 ▲$0 ▲$0 ▲$0 ▲
Fiduciary and Trust
Fiduciary and Trust
 $0 ▲$0 ▲$0 ▲$0 ▲
Mortgage Banking
Mortgage Banking
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Mid Penn Bancorp has remained consistently profitable over the past five years, which is a key strength for a regional bank. Revenue climbed steadily for several years before pulling back more recently, but earnings held up reasonably well, suggesting decent cost control and pricing discipline. Profit margins have moved around from year to year, reflecting acquisition activity, changing interest-rate conditions, and normal credit costs, rather than a simple straight-line trend. Overall, the bank looks like a steady earner with some lumpiness in results, which is typical for an acquisitive community bank in a volatile rate environment.

Balance Sheet

Balance Sheet The balance sheet has expanded meaningfully, showing that the bank has been growing its franchise and loan book over time. Capital levels have increased, which provides a thicker cushion to absorb potential losses and support further growth. Borrowings have moved up and down year to year but do not appear structurally excessive, and the bank seems to have reduced its reliance on wholesale funding after a spike. Cash on hand is relatively modest, which is common for banks that deploy most funds into loans and securities, so the real questions lie in funding stability and loan quality rather than simple cash balances.

Cash Flow

Cash Flow Cash generated from operations has been consistently positive, which is encouraging because it shows the core banking activities are self-funding. Free cash flow has broadly tracked operating cash flow, reflecting limited spending on physical expansion or large technology build-outs in the reported period. Capital expenditures are present but modest, suggesting a focus on incremental improvements rather than heavy infrastructure bets. Taken together, the cash profile points to a business that is not cash-strained and has some flexibility to support growth, dividends, or balance sheet strengthening.

Competitive Edge

Competitive Edge Mid Penn Bancorp positions itself as a classic community bank with a modern twist: it combines local relationships and personalized service with a growing regional footprint. Its long history in Pennsylvania and expansion into New Jersey and the Greater Philadelphia area give it strong name recognition in its core markets. The bank competes by knowing local customers well, offering specialized lending (such as small business and agricultural loans), and bundling services like wealth management, trust, and insurance under one umbrella. Strategic acquisitions have been a major growth engine, which can deepen its competitive moat if integrations go smoothly, but also introduce execution and credit risks if deals are poorly timed or assimilated.

Innovation and R&D

Innovation and R&D Innovation at Mid Penn is more about service and delivery than cutting-edge technology research. The bank offers a full-featured digital banking platform, including mobile tools, contactless payments, and fraud-mitigation services, which helps it stay relevant against larger and online-only competitors. Programs like the MPB Classroom financial education initiative and the CEO-hosted podcast reinforce its community-centric brand and deepen engagement rather than simply chasing tech buzzwords. On the commercial side, advanced cash management tools and tailored lending products show a practical, business-focused approach to innovation. Future value will likely come from steadily upgrading digital experiences and expanding fee-based services, not from disruptive, high-risk tech bets.

Summary

Mid Penn Bancorp is a growing regional community bank that has managed to stay profitable through shifting economic and interest-rate cycles. Its balance sheet has grown alongside its footprint, supported by stronger capital and a history of bolt-on acquisitions that extend its reach into attractive markets like Greater Philadelphia. The bank leans on long-standing community relationships, specialized lending niches, and a broad menu of financial services, while using digital tools to keep its offerings convenient and competitive. Key watchpoints include how well it integrates acquired banks, manages credit risk in a changing economy, and continues to upgrade its digital capabilities to meet rising customer expectations. Overall, it comes across as a traditional, relationship-driven bank with a measured, acquisition-supported growth strategy rather than a high-growth, high-disruption story.

NEWS

October 22, 2025 · 5:19 PM UTC

Mid Penn Bancorp, Inc. Reports Third Quarter Earnings and Declares 60th Consecutive Quarterly Dividend

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September 25, 2025 · 4:01 PM UTC

Mid Penn Bancorp, Inc. to Acquire Cumberland Advisors

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September 24, 2025 · 4:01 PM UTC

Mid Penn Bancorp, Inc. Announces Agreement to Acquire 1st Colonial Bancorp, Inc.

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