Mid Penn Bancorp, Inc. Reports First Quarter Earnings Beat and Declares 54th Consecutive Quarterly Dividend
Mid Penn Bancorp (MPB)
Last mid penn bancorp earnings: 4/27 04:01 pm
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Source: Business Wire
HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (NASDAQ: MPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income available to common shareholders ("earnings") for the quarter ended March 31, 2024, of $12.1 million, or $0.73 per diluted common share, versus analyst consensus of $0.61 per share.Key Highlights of the First Quarter of 2024:Loan growth for the first quarter of 2024 was $64.7 million, or 6.1% (annualized). Total loans increased $706.1 million compared to the first quarter of 2023. Excluding the Brunswick loans of $324.5 million acquired in 2023, organic loan growth for the quarter ended March 31, 2024, from the quarter ended March 31, 2023 was $381.6 million or 10.6%.Deposits increased $32.9 million, or 3.0% (annualized), for the first quarter of 2024. Organic deposits increased $219.6 million, or 5.7% (excluding Brunswick acquisition deposits in 2023 of $281.4 million) for the quarter ended
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News
- Mid Penn Bancorp, Inc. (NASDAQ: MPB) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Mid Penn Bancorp, Inc. Reports First Quarter Earnings Beat and Declares 54th Consecutive Quarterly Dividend [Yahoo! Finance]Yahoo! Finance
- Mid Penn Bancorp, Inc. (NASDAQ: MPB) was downgraded by analysts at TheStreet from a "b" rating to a "c+" rating.MarketBeat
- Snow now expected across eastern PA Monday night into Tuesday; winter storm watch for 2-4 inches in Berks County [Yahoo! Finance]Yahoo! Finance
- Here's What We Like About Mid Penn Bancorp's (NASDAQ:MPB) Upcoming Dividend [Yahoo! Finance]Yahoo! Finance
MPB
Earnings
- 4/24/24 - Beat
MPB
Analyst Actions
- 2/14/24 - TheStreet
MPB
Sec Filings
- 5/1/24 - Form 4
- 4/24/24 - Form 8-K
- 4/3/24 - Form 4
- MPB's page on the SEC website