Mid Penn Bancorp reports Q2 adjusted EPS 70c, two estimates 69c

Reports Q2 net interest income $48.2M vs. $38.8M last year. Reports net interest margin of 3.44%. Tangible book value per common share was $27.22. Chair, president and CEO Rory G. Ritrievi said, “The second quarter of 2025 for Mid Penn was virtually in line with what we expected. While our GAAP earnings were impacted by the completion of the William Penn acquisition within the quarter, excluding those one-time expenses establishes non-GAAP earnings of $0.70 per share, slightly in excess of the consensus estimate of $0.69 per share.”