Mid Penn Bancorp, Inc. (MPB)

In the past six months, Mid Penn Bancorp, Inc. completed the acquisition of William Penn Bancorporation, expanding its presence into the Greater Philadelphia and Southern New Jersey regions. The company also announced an agreement to acquire Cumberland Advisors, which is expected to add approximately $3.3 billion in assets under management. Mid Penn Bancorp reported a strong third-quarter 2025 net income of $18.3 million, or $0.79 per diluted share, surpassing analyst estimates. The company declared its 60th consecutive quarterly dividend in October 2025. As of November 19, 2025, the stock price was $28.24, with a 52-week high of $33.87 and a low of $22.50.

Mid Penn Bancorp's demand for products and services is generally influenced by broader economic conditions, interest rate environments, and local market dynamics rather than distinct seasonal patterns. Demand for mortgages and home equity loans can be influenced by housing market activity, but overall banking services tend to have more consistent demand throughout the year. The company's strategy of aggressive expansion through mergers and acquisitions also aims to diversify its revenue streams and potentially mitigate any localized or seasonal demand variations.

Mid Penn Bancorp, Inc. (MPB) is a financial holding company operating through Mid Penn Bank, offering retail and commercial banking, treasury and cash management, wealth management, and insurance products. The company focuses on regional and state commercial banking, generating revenue through net interest income and fee-based services. Its major products and services include retail and consumer banking, commercial and industrial lending, treasury and cash management, wealth management and trust services, and insurance products.

Mid Penn Bancorp, Inc. operates a network of physical branch locations across Pennsylvania and central and southern New Jersey. The company has expanded its presence through strategic acquisitions, such as the William Penn Bancorporation acquisition in April 2025, which extended its footprint into the Greater Philadelphia and Southern New Jersey regions. Its operational framework combines this growing physical branch network with digital capabilities.

Mid Penn Bank has received recognition for its community-focused approach and operational excellence. In the past year, the bank has been recognized on American Banker Magazine's "Top 200 Community Banks" and "Best Banks to Work For" lists. Additionally, Newsweek named Mid Penn Bank "Best Small Bank in Pennsylvania" in both 2022 and 2023. These accolades highlight a positive brand reputation within the banking industry and among its employees and customers.

Mid Penn Bancorp, Inc. is a publicly traded financial holding company with its ownership distributed among a diverse group of institutional, insider, and retail investors. The company's ownership structure, with significant insider ownership, suggests an alignment of management's interests with long-term shareholder value.