Mid Penn Bancorp (MPB) AI Stock Analysis

• Market Cap: $731.13M
• Dividend Yield: 2.58%
• Average Volume (3M): 162.79K
• Price to Earnings (P/E): 13.0
• Beta (1Y): 0.66
• Revenue Growth: 12.09%
• EPS Growth: -15.97%
• Country: US
• Employees: 600
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.77
• Shares Outstanding: 23,042,389
• 10 Day Avg. Volume: 131,026
• 30 Day Avg. Volume: 162,787
• PEG Ratio: 0.37
• Price to Book (P/B): 0.75
• Price to Sales (P/S): 2.76
• P/FCF Ratio: 11.04
• Enterprise Value/Market Cap: 0.87
• Enterprise Value/Revenue: 1.89
• Enterprise Value/Gross Profit: 3.08
• Enterprise Value/Ebitda: 9.17
• 1Y Price Target: $34.00
• Price Target Upside: 7.15% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 79 Outperform
• Price Target: $34.00 ▲(7.15% Upside)

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.

Positive Factors

Strategic Acquisitions

The acquisitions of 1st Colonial Bancorp and Cumberland Advisors are expected to enhance Mid Penn's market position and operational capabilities, providing long-term growth opportunities and expanded service offerings.

Revenue Growth

Consistent revenue growth indicates a strong market position and effective business strategies, supporting sustainable long-term financial health.

Balance Sheet Strength

A low debt-to-equity ratio reflects financial stability, providing Mid Penn Bancorp with flexibility to invest in growth opportunities and withstand economic fluctuations.

Negative Factors

Earnings Decline

Declining EBIT and EBITDA margins may indicate inefficiencies or rising costs, which could pressure profitability if not addressed.

Cash Flow Management

Challenges in converting income to cash may affect liquidity and the ability to fund operations or investments, impacting long-term financial health.

Integration Risks

While acquisitions can drive growth, integration risks may lead to operational disruptions or cost overruns, potentially impacting expected synergies.

Mid Penn Bancorp Business Overview & Revenue Model

Company Description

Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations. The company offers various time and demand deposit products, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit, and IRAs. It also provides a range of loan products comprising mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, construction financing, farm loans, community development loans, loans to non-profit entities, and local government loans. In addition, the company offers online banking, telephone banking, cash management, and automated teller services, as well as safe deposit boxes; and trust and wealth management services. As of December 31, 2021, it operated sixty full-service retail banking locations in Berks, Blair, Bucks, Centre, Chester, Clearfield, Cumberland, Dauphin, Fayette, Huntingdon, Lancaster, Lehigh, Luzerne, Lycoming, Montgomery, Northumberland, Perry, Schuylkill, and Westmoreland counties, Pennsylvania. The company was founded in 1868 and is headquartered in Harrisburg, Pennsylvania.

How the Company Makes Money

Mid Penn Bancorp generates revenue primarily through interest income from loans and investments, as well as non-interest income from various banking services. The main revenue streams include interest earned on commercial and consumer loans, mortgage loans, and investment securities. Additionally, the bank earns fees from deposit accounts, transaction services, and wealth management services. Strategic partnerships with local businesses and community organizations enhance its services and customer base, contributing to its overall earnings. The company also benefits from a diversified loan portfolio that helps mitigate risks associated with economic fluctuations.

Mid Penn Bancorp Financial Statement Overview

Summary

Mid Penn Bancorp demonstrates solid revenue growth and a strong gross profit margin, indicating effective cost management. The balance sheet is stable with low leverage, but declining ROE suggests challenges in maximizing shareholder returns. Cash flow generation is improving, but liquidity management needs attention. Overall, the company is financially stable with room for improvement in profitability and cash flow efficiency.

Income Statement

Mid Penn Bancorp shows a stable revenue growth trend with a 3.25% increase in TTM. The gross profit margin is strong at 66%, indicating efficient cost management. However, the net profit margin has decreased to 15.39% from 27.83% in the previous annual report, suggesting increased expenses or reduced operational efficiency. EBIT and EBITDA margins have also declined, reflecting potential challenges in maintaining profitability.

Balance Sheet

The company maintains a low debt-to-equity ratio of 0.098, indicating conservative leverage and financial stability. Return on equity is moderate at 6.59%, showing reasonable profitability relative to equity. The equity ratio is healthy, suggesting a strong capital structure. However, the decline in ROE from previous periods indicates potential challenges in generating returns on equity.

Cash Flow

Free cash flow has grown by 22.98% in TTM, indicating improved cash generation. The operating cash flow to net income ratio is low at 1.12%, suggesting limited cash conversion efficiency. The free cash flow to net income ratio is robust at 82.50%, reflecting good cash flow management. However, the low operating cash flow coverage ratio highlights potential liquidity concerns.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	334.60M	306.71M	254.38M	187.25M	143.83M	122.69M
Gross Profit	205.18M	174.66M	161.72M	165.18M	126.13M	98.76M
EBITDA	68.99M	66.86M	51.55M	73.82M	40.73M	37.79M
Net Income	50.03M	49.44M	37.40M	54.81M	29.32M	26.21M
Balance Sheet
Total Assets	6.27B	5.47B	5.29B	4.50B	4.69B	3.00B
Cash, Cash Equivalents and Short-Term Investments	432.08M	311.97M	303.66M	296.08M	250.49M	39.09M
Total Debt	76.38M	79.44M	356.17M	71.08M	166.91M	130.90M
Total Liabilities	5.47B	4.82B	4.75B	3.99B	4.20B	2.74B
Stockholders Equity	796.32M	655.02M	542.35M	512.10M	490.08M	255.69M
Cash Flow
Free Cash Flow	58.19M	44.47M	49.57M	55.74M	62.40M	10.38M
Operating Cash Flow	70.87M	51.39M	52.34M	59.99M	65.90M	14.07M
Investing Cash Flow	84.25M	-208.74M	-408.93M	-704.71M	169.37M	-588.91M
Financing Cash Flow	-42.35M	131.16M	392.47M	-208.15M	374.76M	739.54M

Mid Penn Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 31.73
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MPB, the sentiment is Positive. The current price of 31.73 is above the 20-day moving average (MA) of 30.96, above the 50-day MA of 29.48, and above the 200-day MA of 27.97, indicating a bullish trend. The MACD of 0.86 indicates Negative momentum. The RSI at 59.95 is Neutral, neither overbought nor oversold. The STOCH value of 49.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MPB.

Mid Penn Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ORRF	81 Outperform	$704.69M	9.57	13.43%	2.93%	47.65%	101.00%
FSBC	80 Outperform	$785.25M	13.64	13.95%	2.18%	22.24%	18.63%
MPB	79 Outperform	$731.13M	13.03	7.31%	2.58%	12.09%	-15.97%
THFF	77 Outperform	$739.36M	9.99	12.46%	3.19%	16.57%	69.64%
BFST	76 Outperform	$797.25M	10.40	10.39%	2.12%	17.99%	11.08%
GSBC	68 Neutral	$704.03M	10.46	11.18%	2.48%	0.67%	17.88%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Mid Penn Bancorp Corporate Events

Mid Penn Bancorp Announces Two Major Acquisitions

Mid Penn Bancorp, Inc. announced its plans for two significant acquisitions: 1st Colonial Bancorp, Inc. and Cumberland Advisors, Inc. These acquisitions are expected to enhance Mid Penn’s market position and operational capabilities. The announcement, made in November 2025, highlights the potential benefits and synergies anticipated from these acquisitions, though it also acknowledges the risks and uncertainties involved, including regulatory approvals and integration challenges.

Mid Penn Bancorp Signs New Executive Retirement Plan

On October 24, 2025, Mid Penn Bancorp, Inc. and its subsidiary Mid Penn Bank entered into a new split dollar agreement and supplemental executive retirement plan agreement with Rory G. Ritrievi, the President and CEO. The agreements provide financial benefits to Mr. Ritrievi, including life insurance proceeds and retirement benefits, with specific conditions for vesting and payout. These arrangements are designed to secure Mr. Ritrievi’s financial future and align his interests with the company’s long-term goals, potentially impacting the company’s executive retention and leadership stability.

Mid Penn Bancorp Reports Strong Q3 2025 Earnings

Mid Penn Bancorp announced a quarterly cash dividend of $0.22 per common share, marking its 60th consecutive quarterly dividend. For the third quarter of 2025, the company reported a significant increase in net income to $18.3 million, surpassing analyst expectations. The quarter also saw a rise in net interest margin and a decrease in loan balances due to commercial real estate payoffs. Additionally, Mid Penn entered into agreements to acquire 1st Colonial Bancorp and Cumberland Advisors, aiming to enhance its market position and asset management capabilities.

Mid Penn Bancorp to Acquire Cumberland Advisors

On September 24, 2025, Mid Penn Bancorp announced a merger agreement with 1st Colonial Bancorp, where 1st Colonial will merge into Mid Penn, strengthening Mid Penn’s market presence. Additionally, on September 25, 2025, Mid Penn revealed plans to acquire Cumberland Advisors, a Sarasota-based investment advisory firm, aiming to enhance its asset management capabilities and expand its financial services portfolio.

Mid Penn Bancorp Announces Merger with 1st Colonial

On September 24, 2025, Mid Penn Bancorp announced a merger agreement to acquire 1st Colonial Bancorp in a transaction valued at approximately $101 million, expected to close in early 2026. This strategic acquisition will expand Mid Penn’s footprint into the greater Philadelphia metropolitan area, enhancing its financial capacity and service offerings, and is projected to be immediately accretive to earnings per share.