Mid Penn Bancorp (MPB) Projected to Post Quarterly Earnings on Wednesday

Mid Penn Bancorp (NASDAQ:MPB) is projected to announce its Q2 2025 earnings results before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.69 per share and revenue of $54.20 million for the quarter.

Mid Penn Bancorp (NASDAQ:MPB) last posted its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.10. Mid Penn Bancorp had a net margin of 16.36% and a return on equity of 8.23%. The business had revenue of $47.75 million during the quarter, compared to the consensus estimate of $47.20 million. On average, analysts expect Mid Penn Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Mid Penn Bancorp Stock Performance

NASDAQ:MPB opened at $28.67 on Wednesday. The firm’s 50-day moving average is $27.82 and its 200-day moving average is $27.71. Mid Penn Bancorp has a 52-week low of $22.50 and a 52-week high of $33.87. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market cap of $555.05 million, a price-to-earnings ratio of 9.95 and a beta of 0.64.

Mid Penn Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 26th. Stockholders of record on Thursday, May 8th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.79%. The ex-dividend date of this dividend was Thursday, May 8th. Mid Penn Bancorp’s dividend payout ratio is 27.78%.

Insider Activity

In other Mid Penn Bancorp news, Director John E. Noone bought 1,000 shares of Mid Penn Bancorp stock in a transaction dated Friday, May 23rd. The shares were bought at an average price of $26.60 per share, with a total value of $26,600.00. Following the purchase, the director owned 43,400 shares of the company’s stock, valued at $1,154,440. This trade represents a 2.36% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Soto Matthew G. De acquired 3,560 shares of Mid Penn Bancorp stock in a transaction that occurred on Friday, May 16th. The shares were purchased at an average cost of $28.10 per share, for a total transaction of $100,036.00. Following the purchase, the director directly owned 108,138 shares in the company, valued at $3,038,677.80. The trade was a 3.40% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought a total of 9,586 shares of company stock worth $265,659 in the last ninety days. Insiders own 8.10% of the company’s stock.

Institutional Trading of Mid Penn Bancorp

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. AQR Capital Management LLC raised its position in Mid Penn Bancorp by 107.5% during the first quarter. AQR Capital Management LLC now owns 22,730 shares of the financial services provider’s stock worth $589,000 after acquiring an additional 11,774 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Mid Penn Bancorp by 21.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,361 shares of the financial services provider’s stock valued at $268,000 after purchasing an additional 1,796 shares during the period. Finally, Empowered Funds LLC raised its position in shares of Mid Penn Bancorp by 55.2% in the first quarter. Empowered Funds LLC now owns 57,505 shares of the financial services provider’s stock valued at $1,490,000 after purchasing an additional 20,442 shares during the period. 43.11% of the stock is currently owned by institutional investors and hedge funds.

Mid Penn Bancorp Company Profile

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 individual retirement accounts.