S&P 500   3,841.94
DOW   31,496.30
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NASDAQ:MPB

Mid Penn Bancorp Stock Forecast, Price & News

$27.14
+1.39 (+5.40 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$25.84
Now: $27.14
$27.14
50-Day Range
$21.00
MA: $23.42
$25.75
52-Week Range
$15.50
Now: $27.14
$27.14
Volume41,900 shs
Average Volume15,037 shs
Market Capitalization$228.41 million
P/E Ratio10.60
Dividend Yield2.80%
Beta0.65
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, 2019, it operates 39 full service retail banking locations in Berks, Bucks, Chester, Cumberland, Dauphin, Fayette, Lancaster, Luzerne, Montgomery, Northumberland, Schuylkill, and Westmoreland counties, Pennsylvania. The company was founded in 1868 and is headquartered in Millersburg, Pennsylvania.
Mid Penn Bancorp logo

Headlines

Mid Penn Bank Announces Appointment of Board Member
January 29, 2021 |  finance.yahoo.com
Is Mid Penn Bancorp (MPB) A Good Stock To Buy?
November 27, 2020 |  finance.yahoo.com
Mid Penn Bancorp, Inc. (MPB)
November 10, 2020 |  finance.yahoo.com
Mid Penn Bancorp EPS beats by $0.22, misses on revenue
October 29, 2020 |  seekingalpha.com
Mid Penn Bancorp to consolidate three branches
September 21, 2020 |  seekingalpha.com
See More Headlines

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:MPB
CUSIPN/A
Phone866-642-7736
Employees418
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$107.93 million
Cash Flow$3.06 per share
Book Value$28.06 per share

Profitability

Net Income$17.70 million

Miscellaneous

Market Cap$228.41 million
Next Earnings Date4/26/2021 (Estimated)
OptionableNot Optionable

MarketRank

Overall MarketRank

1.52 out of 5 stars

Finance Sector

636th out of 1,940 stocks

State Commercial Banks Industry

143rd out of 310 stocks

Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
$27.14
+1.39 (+5.40 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Mid Penn Bancorp (NASDAQ:MPB) Frequently Asked Questions

Is Mid Penn Bancorp a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mid Penn Bancorp in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Mid Penn Bancorp stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MPB, but not buy additional shares or sell existing shares.
View analyst ratings for Mid Penn Bancorp
or view top-rated stocks.

What stocks does MarketBeat like better than Mid Penn Bancorp?

Wall Street analysts have given Mid Penn Bancorp a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Mid Penn Bancorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Mid Penn Bancorp's next earnings date?

Mid Penn Bancorp is scheduled to release its next quarterly earnings announcement on Monday, April 26th 2021.
View our earnings forecast for Mid Penn Bancorp
.

How were Mid Penn Bancorp's earnings last quarter?

Mid Penn Bancorp, Inc. (NASDAQ:MPB) posted its quarterly earnings results on Wednesday, January, 27th. The financial services provider reported $1.06 EPS for the quarter, topping the consensus estimate of $0.87 by $0.19. The financial services provider had revenue of $33.84 million for the quarter, compared to the consensus estimate of $27.19 million. Mid Penn Bancorp had a trailing twelve-month return on equity of 8.92% and a net margin of 18.55%.
View Mid Penn Bancorp's earnings history
.

How has Mid Penn Bancorp's stock price been impacted by COVID-19?

Mid Penn Bancorp's stock was trading at $17.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MPB stock has increased by 55.2% and is now trading at $27.14.
View which stocks have been most impacted by COVID-19
.

How often does Mid Penn Bancorp pay dividends? What is the dividend yield for Mid Penn Bancorp?

Mid Penn Bancorp announced a quarterly dividend on Friday, January 29th. Stockholders of record on Wednesday, February 10th will be given a dividend of $0.19 per share on Monday, February 22nd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date of this dividend is Tuesday, February 9th. This is a positive change from Mid Penn Bancorp's previous quarterly dividend of $0.18.
View Mid Penn Bancorp's dividend history
.

Is Mid Penn Bancorp a good dividend stock?

Mid Penn Bancorp pays an annual dividend of $0.76 per share and currently has a dividend yield of 2.80%. Mid Penn Bancorp does not yet have a strock track record of dividend growth. The dividend payout ratio of Mid Penn Bancorp is 36.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Mid Penn Bancorp will have a dividend payout ratio of 26.57% next year. This indicates that Mid Penn Bancorp will be able to sustain or increase its dividend.
View Mid Penn Bancorp's dividend history.

What price target have analysts set for MPB?

1 brokerages have issued twelve-month price targets for Mid Penn Bancorp's stock. Their forecasts range from $22.00 to $22.00. On average, they expect Mid Penn Bancorp's stock price to reach $22.00 in the next twelve months. This suggests that the stock has a possible downside of 18.9%.
View analysts' price targets for Mid Penn Bancorp
or view top-rated stocks among Wall Street analysts.

Who are Mid Penn Bancorp's key executives?

Mid Penn Bancorp's management team includes the following people:
  • Mr. Rory G. Ritrievi, Pres, CEO & Director (Age 57, Pay $593.54k)
  • Mr. Michael D. Peduzzi CPA, CPA, Sr. EVP & CFO (Age 55, Pay $324.04k)
  • Mr. Scott W. Micklewright, Sr. EVP & Chief Revenue Officer of Mid Penn Bank (Age 38)
  • Mr. Justin T. Webb, Sr. EVP & COO of Mid Penn Bank (Age 38)
  • Mr. Joseph Louis Paese CFP, CFP, Exec. VP and Director of Trust & Wealth Management of Mid Penn Bank (Age 77, Pay $243.29k)
  • Margaret E. Steinour, Sr. VP & Chief Admin. Officer
  • Ms. Cindy L. Wetzel, Sec. (Age 59)
  • Ms. Joan E. Dickinson, Chief of Staff (Age 56)

What is Rory G. Ritrievi's approval rating as Mid Penn Bancorp's CEO?

24 employees have rated Mid Penn Bancorp CEO Rory G. Ritrievi on Glassdoor.com. Rory G. Ritrievi has an approval rating of 86% among Mid Penn Bancorp's employees.

Who are some of Mid Penn Bancorp's key competitors?

What other stocks do shareholders of Mid Penn Bancorp own?

What is Mid Penn Bancorp's stock symbol?

Mid Penn Bancorp trades on the NASDAQ under the ticker symbol "MPB."

Who are Mid Penn Bancorp's major shareholders?

Mid Penn Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.35%), Banc Funds Co. LLC (1.40%), Northern Trust Corp (0.87%), JPMorgan Chase & Co. (0.44%), Wells Fargo & Company MN (0.29%) and Salzhauer Michael (0.17%). Company insiders that own Mid Penn Bancorp stock include David E Sparks, Gregory M Kerwin, John E Noone, Joseph L Paese, Kimberly J Brumbaugh, Michael D Peduzzi, Noble C Quandel, Jr, Patrick M Smith, Robert A Abel, Robert C Grubic, Rory G Ritrievi, Soto Matthew G De, Theodore W Mowery and William A Specht III.
View institutional ownership trends for Mid Penn Bancorp
.

Which major investors are selling Mid Penn Bancorp stock?

MPB stock was sold by a variety of institutional investors in the last quarter, including Salzhauer Michael, Northern Trust Corp, and Barclays PLC.
View insider buying and selling activity for Mid Penn Bancorp
or view top insider-selling stocks.

Which major investors are buying Mid Penn Bancorp stock?

MPB stock was bought by a variety of institutional investors in the last quarter, including Banc Funds Co. LLC, BlackRock Inc., JPMorgan Chase & Co., Rhumbline Advisers, Wells Fargo & Company MN, Grant Street Asset Management Inc., and Citigroup Inc.. Company insiders that have bought Mid Penn Bancorp stock in the last two years include Gregory M Kerwin, John E Noone, Joseph L Paese, Kimberly J Brumbaugh, Michael D Peduzzi, Noble C Quandel, Jr, Patrick M Smith, Robert A Abel, Robert C Grubic, Rory G Ritrievi, Soto Matthew G De, Theodore W Mowery, and William A Specht III.
View insider buying and selling activity for Mid Penn Bancorp
or or view top insider-buying stocks.

How do I buy shares of Mid Penn Bancorp?

Shares of MPB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Mid Penn Bancorp's stock price today?

One share of MPB stock can currently be purchased for approximately $27.14.

How much money does Mid Penn Bancorp make?

Mid Penn Bancorp has a market capitalization of $228.41 million and generates $107.93 million in revenue each year. The financial services provider earns $17.70 million in net income (profit) each year or $2.09 on an earnings per share basis.

How many employees does Mid Penn Bancorp have?

Mid Penn Bancorp employs 418 workers across the globe.

What is Mid Penn Bancorp's official website?

The official website for Mid Penn Bancorp is www.midpennbank.com.

Where are Mid Penn Bancorp's headquarters?

Mid Penn Bancorp is headquartered at 349 UNION STREET, MILLERSBURG PA, 17061.

How can I contact Mid Penn Bancorp?

Mid Penn Bancorp's mailing address is 349 UNION STREET, MILLERSBURG PA, 17061. The financial services provider can be reached via phone at 866-642-7736 or via email at [email protected]


This page was last updated on 3/8/2021 by MarketBeat.com Staff

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