Mid Penn Bancorp snapped a one-quarter miss streak with a 7.6% EPS beat, powered by a 62-basis-point expansion in net interest margin to 4.06% following the 1st Colonial and William Penn acquisitions. The bank rewarded shareholders with a 4.55% dividend hike and expanded its buyback authorization to $50 million.
Mid Penn Bancorp :
MPB
MPB
Stock Data
$34.84
$0.43 (1.22%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Mid Penn Bancorp Inc, headquartered in Harrisburg, Pennsylvania, is a key player in the banking sector, offering a wide range of financial services. Founded in 1868, it caters to individuals, businesses, and non-profit organizations. Its offerings include checking and savings accounts, money market accounts, certificates of deposit, and retirement accounts. Additionally, Mid Penn provides various loan options, such as mortgages, commercial loans, and lines of credit. The bank also offers wealth management, insurance services, and convenient online and telephone banking options.
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