Mid Penn Bancorp (MPB) AI Stock Analysis

• Market Cap: $666.31M
• Dividend Yield: 2.77%
• Average Volume (3M): 162.79K
• Price to Earnings (P/E): 11.8
• Beta (1Y): 0.82
• 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: 23,135,624
• 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: 0.95
• Enterprise Value/Revenue: 1.93
• Enterprise Value/Gross Profit: 4.37
• Enterprise Value/Ebitda: 9.43
• 1Y Price Target: $34.00
• Price Target Upside: 17.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: $31.00 ▲(7.45% Upside)

Mid Penn Bancorp's overall stock score reflects its solid financial performance with strong revenue growth and cost management. The valuation is attractive with a reasonable P/E ratio and a decent dividend yield. Technical indicators suggest a neutral market sentiment. While the company is financially stable, improvements in profitability and cash flow efficiency could enhance its attractiveness.

Mid Penn Bancorp Business Overview & Revenue Model

Company Description

Mid Penn Bancorp (MPB) is a financial holding company headquartered in Harrisburg, Pennsylvania, primarily engaged in the provision of commercial banking services through its subsidiary, Mid Penn Bank. The company operates in the financial services sector, offering a variety of products including personal and business loans, deposit accounts, mortgage services, and wealth management solutions. MPB serves a diverse client base, including individuals, small businesses, and larger corporations across central Pennsylvania.

How the Company Makes Money

Mid 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 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	328.18M	177.65M	254.38M	187.25M	143.83M	122.69M
Gross Profit	144.67M	174.66M	161.72M	165.18M	126.13M	98.76M
EBITDA	67.05M	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	4.49B	4.69B	3.00B
Cash, Cash Equivalents and Short-Term Investments	257.61M	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	3.97B	4.20B	2.74B
Stockholders Equity	796.32M	655.02M	542.35M	512.10M	490.08M	255.69M
Cash Flow
Free Cash Flow	64.62M	44.47M	49.17M	55.74M	62.40M	10.38M
Operating Cash Flow	70.87M	51.39M	51.94M	59.99M	65.90M	14.07M
Investing Cash Flow	84.25M	-208.74M	-408.93M	-704.71M	169.37M	-588.91M
Financing Cash Flow	-56.83M	131.16M	392.47M	-208.15M	374.76M	739.54M

Mid Penn Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 28.85
• 50DMA: Negative
• 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 28.85 is above the 20-day moving average (MA) of 28.33, below the 50-day MA of 29.21, and above the 200-day MA of 27.89, indicating a neutral trend. The MACD of 0.05 indicates Negative momentum. The RSI at 50.97 is Neutral, neither overbought nor oversold. The STOCH value of 44.40 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	78 Outperform	$663.87M	9.01	13.43%	3.15%	47.66%	101.00%
FSBC	78 Outperform	$752.16M	13.07	13.95%	2.33%	22.24%	18.63%
BFST	75 Outperform	$739.50M	9.65	10.39%	2.24%	17.99%	11.08%
THFF	71 Outperform	$636.50M	8.60	12.46%	3.67%	16.57%	69.64%
MPB	70 Outperform	$666.31M	11.80	7.31%	2.77%	12.09%	-15.97%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
GSBC	67 Neutral	$633.93M	9.30	11.18%	2.86%	0.60%	17.95%

Mid Penn Bancorp Corporate Events

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.

The most recent analyst rating on (MPB) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on Mid Penn Bancorp stock, see the MPB Stock Forecast page.

Mid Penn Bancorp Reports Strong Q3 Earnings and Strategic Acquisitions

Mid Penn Bancorp, Inc., a financial services company, operates primarily in the banking sector through its subsidiaries, Mid Penn Bank and MPB Financial Services, LLC, offering a range of banking and financial services to individuals and businesses.

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.

The most recent analyst rating on (MPB) stock is a Hold 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.

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.

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.

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.

The most recent analyst rating on (MPB) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on Mid Penn Bancorp stock, see the MPB Stock Forecast page.

Mid Penn Bancorp Amends Executive Retirement Plans

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.

The most recent analyst rating on (MPB) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on Mid Penn Bancorp stock, see the MPB Stock Forecast page.