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The latest announcement is out from Mid Penn Bancorp ( (MPB) ).
In the second quarter of 2025, Mid Penn Bancorp, Inc. completed significant strategic initiatives, including the acquisition of Charis Insurance Group, Inc. for $4 million in May and William Penn Bancorporation for $120 million in April. These acquisitions, along with a common equity raise of $80.6 million in November 2024, have expanded Mid Penn’s branch footprint to 59 locations and strengthened its financial position, with assets totaling $6.4 billion as of June 30, 2025.
The most recent analyst rating on (MPB) stock is a Buy with a $31.00 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 Neutral.
Mid Penn Bancorp’s overall score is supported by strong financial performance and fair valuation. However, the technical indicators suggest potential short-term challenges, with the stock trading below key moving averages. The strategic acquisition of William Penn provides a solid foundation for future growth, though this is not factored into the score due to weight redistribution.
To see Spark’s full report on MPB stock, click here.
More about Mid Penn Bancorp
Mid Penn Bancorp, Inc. is a Pennsylvania-based commercial bank holding company for Mid Penn Bank, a state-chartered non-member bank and trust company established in 1868. The bank operates strategically throughout Pennsylvania and central and southern New Jersey, providing comprehensive banking and trust services.
Average Trading Volume: 107,673
Technical Sentiment Signal: Buy
Current Market Cap: $622.1M
See more data about MPB stock on TipRanks’ Stock Analysis page.