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Stock impact report

Mid Penn Bancorp, Inc. Reports Fourth Quarter Earnings and Declares 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: 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 December 31, 2023, of $12.1 million, or $0.73 per diluted common share.Key Highlights of the Fourth Quarter of 2023:Net income available to common shareholders increased 31.0% to $12.1 million, or $0.73 per diluted common share for the fourth quarter of 2023, compared to net income of $9.2 million, or $0.56 per diluted common share for the third quarter of 2023.Return on average assets was 0.92% and return on average equity was 8.93% for the quarter ended December 31, 2023, compared to return on average assets of 0.72% and return on average equity of 6.93% in the third quarter of 2023.Loan growth for the fourth quarter of 2023 was $107.1 million, or 10.5% (annualized), from the third quarter of 2023. Total loans increased $7 Show less Read more
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