Stock events for Mid Penn Bancorp, Inc. (MPB)
In February 2026, Mid Penn Bancorp and 1st Colonial Bancorp received regulatory approval for their merger. In January 2026, the stock reached a 52-week high, and Mid Penn reported increased net income and declared consecutive and special dividends, also completing the acquisition of Cumberland Advisors, Inc. In November 2025, Wall Street Zen upgraded Mid Penn Bancorp's shares to a "buy" rating, and the acquisition of William Penn Bancorporation was finalized. In October 2025, Keefe, Bruyette & Woods increased their price objective for Mid Penn Bancorp, and Weiss Ratings restated a "hold" rating, while Mid Penn reported its third-quarter earnings and declared its 60th consecutive quarterly dividend. In September 2025, Mid Penn Bancorp announced an agreement to acquire 1st Colonial Bancorp.
Demand Seasonality affecting Mid Penn Bancorp, Inc.’s stock price
The provided information does not explicitly detail demand seasonality for Mid Penn Bancorp, Inc.'s products and services. Demand for general banking services typically does not exhibit strong seasonality; however, specific loan products or investment services could experience fluctuations based on economic cycles, interest rate environments, or seasonal consumer behavior.
Overview of Mid Penn Bancorp, Inc.’s business
Mid Penn Bancorp, Inc. (MPB) is a financial holding company based in Harrisburg, Pennsylvania, operating through its subsidiary, Mid Penn Bank. The bank provides a range of financial products and services to individuals, partnerships, non-profit organizations, and corporations, including deposit accounts, loans, trust services, wealth management, and digital banking.
MPB’s Geographic footprint
Mid Penn Bancorp, Inc. operates 59 retail locations throughout Pennsylvania and central and southern New Jersey. The company is expanding its geographic reach through acquisitions, such as the merger with 1st Colonial Bancorp, Inc., which will extend its footprint into the greater Philadelphia area and increase its presence in southeastern Pennsylvania and southern New Jersey, resulting in over 60 branch locations.
MPB Corporate Image Assessment
Mid Penn Bancorp has maintained a strong brand reputation, being named "Best Small Bank in Pennsylvania" by Newsweek in 2022 and 2023. The bank ranked sixth on S&P Global Market Intelligence's list of Best-Performing Large Community Banks for 2022 and has been recognized on American Banker Magazine's "Top 200 Community Banks" and "Best Banks to Work For" lists. No significant negative events impacting the company's reputation were found.
Ownership
Mid Penn Bancorp, Inc. has 293 institutional owners and shareholders holding 13,819,290 shares. Institutional investors hold approximately 50.52% of the company's shares, while insiders hold about 29.16%. Donald F. Kiefer is the largest individual shareholder, holding 10.56% of the shares. Recent insider buying activity suggests confidence in the company's future prospects.
Ask Our Expert AI Analyst
Price Chart
$32.54