Mid Penn Bancorp Inc is a financial services holding company that offers a range of banking products and services primarily through its subsidiary, Mid Penn Bank
The company serves both individual and business clients, providing services such as deposit accounts, loans, mortgage banking, and treasury management. With a focus on community banking, Mid Penn Bancorp emphasizes personalized service and local understanding, aiming to foster relationships and support the economic growth of the regions it serves. Its commitment to innovation and customer satisfaction positions it as a key player in the financial landscape.
Mid Penn Bancorp, Inc. (NASDAQMPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income available to common shareholders ("earnings") for the quarter ended December 31, 2024, of $13.2 million, or $0.72 per diluted common share, compared to net income of $12.1 million, or $0.73 per diluted common share, for the fourth quarter of 2023, and a consensus analyst estimate of $0.71 per diluted common share for the fourth quarter of 2024.
Mid Penn Bancorp, Inc. (“Mid Penn” or the “Company”) (NASDAQMPB), the parent company of Mid Penn Bank, announced today that it has completed its underwritten public offering of 2,375,000 shares of common stock at a price of $29.50 per share. The aggregate gross proceeds of the offering were $70 million. The net proceeds of the offering after deducting the underwriting discount and other estimated offering expenses are expected to be approximately $67 million. The Company intends to use the net proceeds of the offering to support its continued growth, including investments in Mid Penn Bank to support organic growth, potential redemption of subordinated debt, future strategic transactions, and general corporate purposes.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Mid Penn Bancorp, Inc. (NASDAQMPB) and William Penn Bancorporation is fair to Mid Penn shareholders.
Mid Penn Bancorp, Inc. (NASDAQMPB) (“Mid Penn” or the “Company”) today announced the pricing of its public offering of 2,375,000 shares of its common stock (the “common stock”), at a price to the public of $29.50 per share, for an aggregate offering amount of $70 million. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 356,250 shares of common stock at the public offering price, less underwriting discounts.
Mid Penn Bancorp, Inc. (NASDAQMPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income available to common shareholders ("earnings") for the quarter ended September 30, 2024 of $12.3 million, or $0.74 per diluted common share, compared to net income of $9.2 million, or $0.56 per diluted common share, for the third quarter of 2023 and a consensus analyst estimate of $0.72 per diluted common share for the third quarter of 2024.
Mid Penn Bancorp, Inc. (NASDAQMPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income available to common shareholders ("earnings") for the quarter ended December 31, 2023, of $12.1 million, or $0.73 per diluted common share.
Mid Penn Bank (the “Bank”), a wholly-owned subsidiary of Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQMPB), announces the promotion of Jordan D. Space to president of the private bank and chief operating officer of the company, effective January 12, 2024.
Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQMPB), the parent company of Mid Penn Bank (the “Bank”), announces the appointment of Justin T. Webb as chief financial officer, effective January 8, 2024. Webb has been an integral part of the Bank since 2012, having served most recently as senior executive vice president and chief operating officer.
BALA CYNWYD, Pa., Jan. 04, 2023 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Mid Penn Bancorp, Inc. (NASDAQMPB) and Brunswick Bancorp is fair to Mid Penn shareholders. Brunswick shareholders will have the option to elect to receive either 0.598 shares of Mid Penn common stock or $18.00 in cash for each common share of Brunswick they own, subject to proration to ensure that, in the aggregate, 50% of the transaction consideration will be paid in the form of Mid Penn common stock.
Citizens Financial Group is among regional banks showing sizable growth recently due to higher rates they can charge on financial products offered to customers.
