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Mid Penn Bancorp (MPB)
NASDAQ:MPB
US Market
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Mid Penn Bancorp (MPB) AI Stock Analysis

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MPB

Mid Penn Bancorp

(NASDAQ:MPB)

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Outperform 77 (OpenAI - 4o)
Rating:77Outperform
Price Target:
$32.00
â–²(8.40% Upside)
Mid Penn Bancorp's overall stock score is driven by strong technical indicators and positive corporate events, including strategic acquisitions that enhance its market position. Financial performance is stable, with room for improvement in profitability and cash flow efficiency. The valuation is reasonable, supported by a fair P/E ratio and attractive dividend yield.

Mid Penn Bancorp (MPB) vs. SPDR S&P 500 ETF (SPY)

Mid Penn Bancorp Business Overview & Revenue Model

Company DescriptionMid 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 MoneyMid Penn Bancorp generates revenue primarily through its banking operations, which include interest income from loans and investment securities as well as non-interest income from service fees and commissions. The key revenue streams include interest earned on various types of loans such as commercial, consumer, and real estate loans, which typically constitute the largest portion of the company's earnings. Additionally, MPB earns income from fees associated with deposit accounts, transaction services, and wealth management. The company may also benefit from strategic partnerships with local businesses and organizations, which can enhance its customer base and generate additional revenue opportunities. Market conditions, interest rates, and the overall economic environment also play significant roles in influencing the company's profitability.

Mid Penn Bancorp Financial Statement Overview

Summary
Mid Penn Bancorp presents a strong financial standing with consistent growth and profitability. The income statement reflects significant revenue and profit margins, while the balance sheet emphasizes stability with low leverage and adequate equity support. Cash flow statements further underline efficient financial management, positioning the company well for future opportunities in the regional banking sector.
Income Statement
75
Positive
Mid Penn Bancorp has shown strong revenue growth and profitability trends. The TTM revenue of $310.7 million represents a healthy increase from $306.7 million in the previous year, reflecting a growth trajectory. The gross profit margin stands at 57.5%, and net profit margin is 16.4%, indicating efficient cost management. EBIT and EBITDA margins are also solid at 20% and 22.2%, respectively, supporting the company's strong profitability.
Balance Sheet
70
Positive
The company maintains a strong balance sheet, evidenced by a relatively low debt-to-equity ratio of 0.16, highlighting prudent financial leverage. The equity ratio is 12.0%, showcasing a solid foundation of stockholder equity supporting total assets. Return on equity is 7.6%, indicating a decent return generation on equity investments. The stability of the balance sheet is reinforced by the company's healthy equity base.
Cash Flow
68
Positive
Mid Penn Bancorp demonstrates strong cash flow management. The operating cash flow to net income ratio of 0.99 indicates good conversion of earnings into cash. The free cash flow to net income ratio is 0.81, reflecting efficient capital expenditure management. Although the free cash flow growth rate is negative, the overall cash flow position remains robust, supporting ongoing operational needs and potential growth investments.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue286.15M177.65M254.38M187.25M143.83M122.69M
Gross Profit188.93M174.66M161.72M165.18M126.13M98.76M
EBITDA67.19M66.86M51.55M73.82M40.73M37.79M
Net Income44.04M49.44M37.40M54.81M29.32M26.21M
Balance Sheet
Total Assets6.35B5.47B5.29B4.49B4.69B3.00B
Cash, Cash Equivalents and Short-Term Investments53.11M311.97M303.66M296.08M250.49M39.09M
Total Debt76.02M79.44M356.17M71.08M166.91M130.90M
Total Liabilities5.58B4.82B4.75B3.97B4.20B2.74B
Stockholders Equity775.71M655.02M542.35M512.10M490.08M255.69M
Cash Flow
Free Cash Flow50.70M44.47M49.17M55.74M62.40M10.38M
Operating Cash Flow61.45M51.39M51.94M59.99M65.90M14.07M
Investing Cash Flow-17.04M-208.74M-408.93M-704.71M169.37M-588.91M
Financing Cash Flow186.71M131.16M392.47M-208.15M374.76M739.54M

Mid Penn Bancorp Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price29.52
Price Trends
50DMA
28.96
Positive
100DMA
28.32
Positive
200DMA
27.94
Positive
Market Momentum
MACD
0.34
Positive
RSI
45.45
Neutral
STOCH
20.28
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MPB, the sentiment is Neutral. The current price of 29.52 is below the 20-day moving average (MA) of 30.32, above the 50-day MA of 28.96, and above the 200-day MA of 27.94, indicating a neutral trend. The MACD of 0.34 indicates Positive momentum. The RSI at 45.45 is Neutral, neither overbought nor oversold. The STOCH value of 20.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MPB.

Mid Penn Bancorp Risk Analysis

Mid Penn Bancorp disclosed 46 risk factors in its most recent earnings report. Mid Penn Bancorp reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Mid Penn Bancorp Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
81
Outperform
549.64M10.8911.52%4.66%6.15%-1.27%
78
Outperform
623.45M14.800.78%0.88%16.38%63.51%
77
Outperform
$692.26M12.696.60%2.71%10.75%-12.34%
74
Outperform
501.57M15.605.14%0.71%7.35%-2.65%
71
Outperform
541.45M12.2011.39%1.29%22.14%12.06%
60
Neutral
547.73M-10.60-3.07%4.52%-29.94%-178.36%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
MPB
Mid Penn Bancorp
29.52
1.20
4.24%
THFF
First Financial Indiana
57.62
16.21
39.15%
GSBC
Great Southern Bancorp
61.95
6.58
11.88%
ORRF
Orrstown Financial Services
34.59
-0.07
-0.20%
BFST
Business First Bancshares
23.97
-0.73
-2.96%
FSBC
Five Star
32.87
4.50
15.86%

Mid Penn Bancorp Corporate Events

Executive/Board Changes
Mid Penn Bancorp Amends Executive Retirement Plans
Neutral
Aug 26, 2025

On August 22, 2025, Mid Penn Bancorp, Inc. and Mid Penn Bank amended their supplemental executive retirement plan agreements with executives Webb, Micklewright, and Space, increasing their annual retirement benefits. Additionally, the change in control agreement with Mr. Space was amended to enhance his cash benefits and extend his benefit continuation period in the event of employment termination following a change in control.

Private Placements and FinancingM&A TransactionsBusiness Operations and Strategy
Mid Penn Bancorp Expands with Strategic Acquisitions
Positive
Jul 29, 2025

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.

M&A TransactionsDividendsFinancial Disclosures
Mid Penn Bancorp Announces Quarterly Dividend Amid Earnings Drop
Neutral
Jul 23, 2025

On July 23, 2025, Mid Penn Bancorp announced a quarterly cash dividend of $0.20 per share, marking its 59th consecutive quarterly dividend. The company reported a decrease in net income for the second quarter of 2025 to $4.8 million, compared to $11.8 million in the same period of 2024, primarily due to merger-related expenses from the acquisition of William Penn Bancorporation. Despite this, adjusted earnings exceeded analyst expectations, and the company saw improvements in net interest margin and deposit growth, driven by the acquisition and organic growth.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 09, 2025