Mid Penn Bancorp, Inc. (MPB)

In the past six months, Mid Penn Bancorp's stock was impacted by earnings reports, including a third-quarter earnings beat and the declaration of its 60th consecutive quarterly dividend. Agreements to acquire Cumberland Advisors and 1st Colonial Bancorp, Inc. were announced in September 2025, and the acquisition of William Penn Bancorporation was completed in May 2025. Insider buying activity was noted, but the share price experienced a decline of 8.59% from October 28, 2024, to October 24, 2025.

Demand for Mid Penn Bancorp's products and services is influenced by economic conditions and interest rate uncertainty. Loan demand was soft during the first four months of 2025 due to borrower caution. The company's first-quarter 2025 earnings report indicated annualized loan growth of 4.4% and annualized deposit growth of 3.7%. Deposits increased by $42.3 million in the first quarter of 2025, contrasting with a decrease of $16.8 million in the fourth quarter of 2024.

Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank, offering commercial banking services to various entities. Its products include time and demand deposit accounts, and a range of loan products. The company also provides trust, retail investment, wealth management, and insurance services, along with online and telephone banking.

Mid Penn Bancorp, Inc. primarily operates in Pennsylvania and central New Jersey, serving these regions through its retail banking network.

Mid Penn Bancorp has maintained a positive brand image through community engagement and customer-focused initiatives. The bank's CEO highlighted the positive impact of PPP loans, and the bank actively conducts financial literacy programs. Employees contribute to the community through volunteer hours, and the "No Shave November" campaign has raised funds for prostate cancer awareness, further enhancing its positive reputation.

Mid Penn Bancorp, Inc. has a diverse ownership structure, with institutional owners holding a significant portion of shares. Major institutional shareholders include Wellington Management Group Llp, BlackRock, Inc., and Vanguard Group Inc. Retail investors also hold a substantial share, and insiders own shares valued at approximately US$33 million as of October 2024.