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The latest update is out from Mid Penn Bancorp ( (MPB) ).
On January 1, 2026, Mid Penn Bancorp, Inc. completed its acquisition of Sarasota, Florida-based Cumberland Advisors, Inc., a registered investment advisory firm founded in 1973 with approximately $3.2 billion in assets under management as of December 31, 2025. Cumberland, known for its conservative, fee-for-service investment management for advisors, individuals and institutional clients, was merged into a newly formed Mid Penn acquisition subsidiary and now operates as Cumberland Advisors, LLC, with its team of investment advisory professionals joining Mid Penn. The transaction consideration for Cumberland shareholders consisted of a mix of Mid Penn common stock and cash, with most shares converted into Mid Penn stock, plus the potential for additional cash via an earn-out and cash-settled stock appreciation rights to be exercised over the first three years after closing, underscoring Mid Penn’s push to expand its wealth and investment management capabilities alongside its core banking operations.
The most recent analyst rating on (MPB) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Mid Penn Bancorp stock, see the MPB Stock Forecast page.
Spark’s Take on MPB Stock
According to Spark, TipRanks’ AI Analyst, MPB is a Outperform.
Mid Penn Bancorp’s strong financial performance and positive technical indicators are the primary drivers of its high score. The strategic acquisitions further bolster its market position, although integration risks remain. The stock is fairly valued with a reasonable P/E ratio and an attractive dividend yield.
To see Spark’s full report on MPB stock, click here.
More about Mid Penn Bancorp
Mid Penn Bancorp, Inc. (NASDAQ: MPB), headquartered in Harrisburg, Pennsylvania, is the parent company of Mid Penn Bank, a full-service commercial bank with over $6 billion in total assets and 59 retail locations across Pennsylvania and central and southern New Jersey. The bank offers a comprehensive portfolio of financial products and services to the communities it serves, positioning itself as a regional provider of commercial and consumer banking solutions.
Average Trading Volume: 96,247
Technical Sentiment Signal: Strong Buy
Current Market Cap: $711.1M
For an in-depth examination of MPB stock, go to TipRanks’ Overview page.