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Stock impact report

Mid Penn Bancorp, Inc. Reports First Quarter 2020 Earnings and Declares a Quarterly Dividend

Mid Penn Bancorp (MPB) 
Last mid penn bancorp earnings: 4/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: midpennbank.com/investors
Company Research Source: GlobeNewswire
MILLERSBURG, Pa., April 27, 2020 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), the parent company of Mid Penn Bank (the “Bank”), today reported net income to common shareholders (earnings) for the quarter ended March 31, 2020 of $3,818,000 or $0.45 per common share basic and diluted, compared to earnings of $4,077,000 or $0.48 per common share basic and diluted for the quarter ended March 31, 2019.  Mid Penn also reported that, based upon its first quarter results for 2020, the Board of Directors, at a meeting held on April 22, 2020, declared a regular quarterly dividend per common share of $0.18 payable on May 25, 2020, to shareholders of record as of May 11, 2020.  Tangible book value per common share, a non-GAAP measure that is regularly reported in the banking industry and the most directly comparable non-GAAP measure to book value per share, favorably increased to $20.18 as of March 31, 2020, compared to $19.96 at December 31, 2019, and $18.64 as of Ma Show less Read more
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