Annual Income Statements for Mid Penn Bancorp
This table shows Mid Penn Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Mid Penn Bancorp
This table shows Mid Penn Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Income / (Loss) Attributable to Common Shareholders |
|
15 |
16 |
11 |
4.84 |
9.24 |
12 |
12 |
12 |
12 |
13 |
Consolidated Net Income / (Loss) |
|
15 |
16 |
11 |
4.84 |
9.24 |
12 |
12 |
12 |
12 |
13 |
Net Income / (Loss) Continuing Operations |
|
15 |
16 |
11 |
4.84 |
9.24 |
12 |
12 |
12 |
12 |
13 |
Total Pre-Tax Income |
|
19 |
19 |
14 |
4.98 |
12 |
14 |
15 |
14 |
15 |
16 |
Total Revenue |
|
45 |
45 |
40 |
42 |
43 |
42 |
42 |
44 |
45 |
47 |
Net Interest Income / (Expense) |
|
39 |
39 |
36 |
36 |
37 |
37 |
36 |
39 |
40 |
41 |
Total Interest Income |
|
43 |
47 |
50 |
57 |
63 |
66 |
68 |
71 |
74 |
73 |
Loans and Leases Interest Income |
|
38 |
42 |
46 |
52 |
59 |
61 |
63 |
66 |
68 |
68 |
Investment Securities Interest Income |
|
3.77 |
4.17 |
4.26 |
4.35 |
4.49 |
4.44 |
4.42 |
4.51 |
4.50 |
4.58 |
Deposits and Money Market Investments Interest Income |
|
0.01 |
0.04 |
0.05 |
0.08 |
0.09 |
0.14 |
0.40 |
0.35 |
0.22 |
0.15 |
Federal Funds Sold and Securities Borrowed Interest Income |
|
0.74 |
0.04 |
0.05 |
0.05 |
0.05 |
0.23 |
0.14 |
0.28 |
1.04 |
0.47 |
Total Interest Expense |
|
3.60 |
8.17 |
14 |
20 |
26 |
29 |
32 |
32 |
34 |
32 |
Deposits Interest Expense |
|
2.84 |
7.00 |
12 |
18 |
24 |
26 |
26 |
28 |
31 |
31 |
Short-Term Borrowings Interest Expense |
|
0.00 |
0.44 |
1.49 |
1.51 |
1.58 |
2.51 |
4.45 |
3.32 |
2.30 |
0.51 |
Long-Term Debt Interest Expense |
|
0.76 |
0.73 |
0.69 |
0.70 |
0.79 |
0.80 |
0.96 |
0.69 |
0.69 |
0.69 |
Total Non-Interest Income |
|
5.96 |
6.71 |
4.33 |
5.22 |
5.35 |
5.12 |
5.84 |
5.33 |
5.18 |
6.15 |
Other Service Charges |
|
1.52 |
3.43 |
0.94 |
1.67 |
1.74 |
1.28 |
2.44 |
1.69 |
1.27 |
2.42 |
Net Realized & Unrealized Capital Gains on Investments |
|
0.15 |
- |
0.00 |
0.13 |
0.09 |
0.36 |
0.11 |
0.07 |
0.15 |
0.02 |
Other Non-Interest Income |
|
4.29 |
3.29 |
3.39 |
3.42 |
3.52 |
3.48 |
3.29 |
3.57 |
3.76 |
3.71 |
Provision for Credit Losses |
|
1.55 |
0.53 |
0.72 |
1.56 |
2.09 |
-0.67 |
-0.94 |
1.60 |
0.52 |
0.33 |
Total Non-Interest Expense |
|
25 |
25 |
26 |
35 |
29 |
28 |
29 |
28 |
30 |
31 |
Salaries and Employee Benefits |
|
14 |
13 |
14 |
15 |
15 |
15 |
15 |
16 |
16 |
17 |
Net Occupancy & Equipment Expense |
|
4.56 |
4.85 |
5.08 |
5.07 |
5.14 |
5.11 |
5.32 |
5.36 |
5.39 |
5.73 |
Other Operating Expenses |
|
6.06 |
6.39 |
6.35 |
9.58 |
8.00 |
7.60 |
7.31 |
6.91 |
7.85 |
7.33 |
Amortization Expense |
|
0.51 |
0.50 |
0.34 |
0.46 |
0.48 |
0.49 |
0.43 |
0.43 |
0.46 |
0.47 |
Restructuring Charge |
|
0.00 |
0.29 |
0.22 |
4.99 |
0.35 |
-0.02 |
0.00 |
0.00 |
0.11 |
0.44 |
Income Tax Expense |
|
3.63 |
3.58 |
2.59 |
0.14 |
2.27 |
2.29 |
2.58 |
2.50 |
2.57 |
2.95 |
Basic Earnings per Share |
|
$0.97 |
$0.99 |
$0.71 |
$0.29 |
$0.56 |
$0.73 |
$0.73 |
$0.71 |
$0.74 |
$0.72 |
Weighted Average Basic Shares Outstanding |
|
15.88M |
15.91M |
15.89M |
16.23M |
16.57M |
16.32M |
16.57M |
16.58M |
16.61M |
17.03M |
Diluted Earnings per Share |
|
$0.97 |
$0.99 |
$0.70 |
$0.29 |
$0.56 |
$0.74 |
$0.73 |
$0.71 |
$0.74 |
$0.72 |
Weighted Average Diluted Shares Outstanding |
|
15.89M |
15.93M |
15.93M |
16.26M |
16.59M |
16.35M |
16.61M |
16.61M |
16.66M |
17.07M |
Weighted Average Basic & Diluted Shares Outstanding |
|
15.88M |
15.89M |
15.91M |
16.57M |
16.67M |
16.57M |
16.69M |
16.70M |
16.62M |
19.36M |
Annual Cash Flow Statements for Mid Penn Bancorp
This table details how cash moves in and out of Mid Penn Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
-853 |
36 |
-26 |
Net Cash From Operating Activities |
60 |
52 |
51 |
Net Cash From Continuing Operating Activities |
60 |
52 |
51 |
Net Income / (Loss) Continuing Operations |
55 |
37 |
49 |
Consolidated Net Income / (Loss) |
55 |
37 |
49 |
Provision For Loan Losses |
4.30 |
3.70 |
1.52 |
Depreciation Expense |
4.28 |
4.90 |
4.87 |
Amortization Expense |
2.92 |
2.43 |
2.36 |
Non-Cash Adjustments to Reconcile Net Income |
14 |
-2.87 |
-0.15 |
Changes in Operating Assets and Liabilities, net |
-21 |
6.78 |
-6.65 |
Net Cash From Investing Activities |
-705 |
-409 |
-209 |
Net Cash From Continuing Investing Activities |
-705 |
-409 |
-209 |
Purchase of Property, Leasehold Improvements and Equipment |
-4.25 |
-2.77 |
-6.92 |
Acquisitions |
-19 |
0.00 |
0.00 |
Purchase of Investment Securities |
-711 |
-439 |
-258 |
Sale of Property, Leasehold Improvements and Equipment |
0.22 |
0.00 |
0.16 |
Divestitures |
-0.90 |
1.07 |
-2.68 |
Sale and/or Maturity of Investments |
30 |
31 |
57 |
Other Investing Activities, net |
0.29 |
0.86 |
1.29 |
Net Cash From Financing Activities |
-208 |
392 |
131 |
Net Cash From Continuing Financing Activities |
-208 |
392 |
131 |
Net Change in Deposits |
-203 |
286 |
344 |
Issuance of Debt |
103 |
164 |
-240 |
Issuance of Common Equity |
0.00 |
0.00 |
76 |
Repayment of Debt |
-77 |
-31 |
-35 |
Repurchase of Preferred Equity |
-17 |
-10 |
0.00 |
Repurchase of Common Equity |
-2.96 |
-4.88 |
-0.32 |
Payment of Dividends |
-13 |
-13 |
-14 |
Other Financing Activities, Net |
1.14 |
0.48 |
0.56 |
Cash Interest Paid |
17 |
77 |
131 |
Cash Income Taxes Paid |
7.55 |
7.97 |
0.85 |
Quarterly Cash Flow Statements for Mid Penn Bancorp
This table details how cash moves in and out of Mid Penn Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Change in Cash & Equivalents |
|
-142 |
-34 |
1.52 |
31 |
24 |
-21 |
-29 |
38 |
39 |
-74 |
Net Cash From Operating Activities |
|
18 |
18 |
13 |
11 |
13 |
15 |
12 |
18 |
17 |
4.10 |
Net Cash From Continuing Operating Activities |
|
18 |
18 |
13 |
11 |
13 |
15 |
12 |
18 |
17 |
4.10 |
Net Income / (Loss) Continuing Operations |
|
15 |
16 |
11 |
4.84 |
9.24 |
12 |
12 |
12 |
12 |
13 |
Consolidated Net Income / (Loss) |
|
15 |
16 |
11 |
4.84 |
9.24 |
12 |
12 |
12 |
12 |
13 |
Provision For Loan Losses |
|
1.55 |
0.53 |
0.72 |
1.56 |
2.09 |
-0.67 |
-0.94 |
1.60 |
0.52 |
0.33 |
Depreciation Expense |
|
1.06 |
1.23 |
1.20 |
1.19 |
1.25 |
1.26 |
1.19 |
1.24 |
1.23 |
1.20 |
Amortization Expense |
|
0.71 |
0.74 |
0.52 |
0.63 |
0.64 |
0.65 |
0.57 |
0.57 |
0.61 |
0.61 |
Non-Cash Adjustments to Reconcile Net Income |
|
2.43 |
7.53 |
0.83 |
-6.26 |
2.46 |
0.10 |
0.82 |
-4.83 |
1.10 |
2.78 |
Changes in Operating Assets and Liabilities, net |
|
-3.40 |
-7.36 |
-1.32 |
9.37 |
-2.49 |
1.22 |
-1.37 |
7.68 |
1.09 |
-14 |
Net Cash From Investing Activities |
|
-176 |
-212 |
-94 |
-107 |
-107 |
-101 |
-66 |
-23 |
-99 |
-21 |
Net Cash From Continuing Investing Activities |
|
-176 |
-212 |
-94 |
-107 |
-107 |
-101 |
-66 |
-23 |
-99 |
-21 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-1.19 |
-0.52 |
-0.92 |
-0.92 |
-0.87 |
-0.06 |
-0.35 |
-0.30 |
-0.02 |
-6.25 |
Purchase of Investment Securities |
|
-184 |
-198 |
-99 |
-117 |
-115 |
-108 |
-71 |
-39 |
-112 |
-35 |
Sale of Property, Leasehold Improvements and Equipment |
|
1.79 |
-1.69 |
0.03 |
0.03 |
- |
-0.06 |
0.03 |
0.79 |
-0.67 |
0.01 |
Sale and/or Maturity of Investments |
|
7.33 |
7.30 |
6.35 |
11 |
8.01 |
5.72 |
5.79 |
15 |
15 |
20 |
Other Investing Activities, net |
|
- |
0.29 |
0.11 |
-0.24 |
0.55 |
0.44 |
0.24 |
-0.24 |
1.14 |
0.15 |
Net Cash From Financing Activities |
|
16 |
160 |
82 |
127 |
118 |
65 |
25 |
43 |
121 |
-57 |
Net Cash From Continuing Financing Activities |
|
16 |
160 |
82 |
127 |
118 |
65 |
25 |
43 |
121 |
-57 |
Net Change in Deposits |
|
27 |
70 |
100 |
126 |
95 |
-34 |
33 |
118 |
210 |
-17 |
Issuance of Debt |
|
- |
103 |
-15 |
49 |
27 |
103 |
30 |
-72 |
-86 |
-112 |
Repayment of Debt |
|
-0.14 |
-0.09 |
-0.09 |
-31 |
0.01 |
0.22 |
-35 |
-0.11 |
-0.11 |
-0.11 |
Payment of Dividends |
|
-3.17 |
-3.18 |
-3.18 |
-3.18 |
-3.31 |
-3.32 |
-3.31 |
-3.32 |
-3.32 |
-3.87 |
Other Financing Activities, Net |
|
0.14 |
0.09 |
0.10 |
0.11 |
0.14 |
0.14 |
0.15 |
0.13 |
0.15 |
0.13 |
Cash Interest Paid |
|
6.09 |
7.70 |
11 |
15 |
31 |
21 |
30 |
31 |
33 |
38 |
Cash Income Taxes Paid |
|
- |
4.05 |
- |
- |
0.43 |
3.57 |
- |
- |
0.29 |
0.56 |
Annual Balance Sheets for Mid Penn Bancorp
This table presents Mid Penn Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Total Assets |
4,498 |
5,291 |
5,471 |
Cash and Due from Banks |
53 |
45 |
37 |
Federal Funds Sold |
3.11 |
17 |
19 |
Interest Bearing Deposits at Other Banks |
4.41 |
35 |
14 |
Trading Account Securities |
640 |
627 |
650 |
Loans and Leases, Net of Allowance |
3,495 |
4,219 |
4,408 |
Loans and Leases |
3,514 |
4,253 |
4,443 |
Allowance for Loan and Lease Losses |
19 |
34 |
36 |
Premises and Equipment, Net |
34 |
37 |
39 |
Goodwill |
114 |
127 |
128 |
Intangible Assets |
7.26 |
6.48 |
6.24 |
Other Assets |
146 |
178 |
169 |
Total Liabilities & Shareholders' Equity |
4,498 |
5,291 |
5,471 |
Total Liabilities |
3,986 |
4,748 |
4,816 |
Non-Interest Bearing Deposits |
794 |
801 |
759 |
Interest Bearing Deposits |
2,984 |
3,545 |
3,931 |
Short-Term Debt |
103 |
242 |
2.00 |
Accrued Interest Payable |
2.30 |
14 |
13 |
Long-Term Debt |
61 |
105 |
69 |
Other Long-Term Liabilities |
41 |
41 |
41 |
Total Equity & Noncontrolling Interests |
512 |
542 |
655 |
Total Preferred & Common Equity |
512 |
542 |
655 |
Total Common Equity |
512 |
542 |
655 |
Common Stock |
403 |
423 |
500 |
Retained Earnings |
133 |
146 |
182 |
Treasury Stock |
-4.88 |
-9.72 |
-10 |
Accumulated Other Comprehensive Income / (Loss) |
-19 |
-17 |
-17 |
Quarterly Balance Sheets for Mid Penn Bancorp
This table presents Mid Penn Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Total Assets |
|
4,334 |
4,583 |
5,089 |
5,216 |
5,330 |
5,392 |
5,527 |
Cash and Due from Banks |
|
76 |
51 |
71 |
53 |
33 |
37 |
58 |
Federal Funds Sold |
|
14 |
6.02 |
9.71 |
53 |
2.92 |
43 |
68 |
Interest Bearing Deposits at Other Banks |
|
4.52 |
5.00 |
13 |
13 |
32 |
26 |
19 |
Trading Account Securities |
|
651 |
240 |
641 |
624 |
620 |
610 |
650 |
Loans and Leases, Net of Allowance |
|
3,304 |
3,580 |
4,002 |
4,112 |
4,284 |
4,329 |
4,396 |
Loans and Leases |
|
3,322 |
3,611 |
4,035 |
4,146 |
4,317 |
4,365 |
4,432 |
Allowance for Loan and Lease Losses |
|
18 |
31 |
33 |
34 |
34 |
35 |
36 |
Premises and Equipment, Net |
|
36 |
34 |
39 |
39 |
36 |
34 |
34 |
Goodwill |
|
114 |
114 |
129 |
130 |
127 |
127 |
128 |
Intangible Assets |
|
7.22 |
6.92 |
7.45 |
6.97 |
6.05 |
5.63 |
6.71 |
Other Assets |
|
127 |
147 |
176 |
186 |
190 |
180 |
168 |
Total Liabilities & Shareholders' Equity |
|
4,334 |
4,583 |
5,089 |
5,216 |
5,330 |
5,392 |
5,527 |
Total Liabilities |
|
3,835 |
4,068 |
4,563 |
4,687 |
4,779 |
4,832 |
4,954 |
Non-Interest Bearing Deposits |
|
863 |
797 |
830 |
805 |
808 |
766 |
792 |
Interest Bearing Deposits |
|
2,867 |
3,081 |
3,456 |
3,577 |
3,571 |
3,731 |
3,915 |
Short-Term Debt |
|
- |
88 |
112 |
139 |
272 |
200 |
114 |
Accrued Interest Payable |
|
1.84 |
5.81 |
11 |
15 |
16 |
18 |
19 |
Long-Term Debt |
|
71 |
57 |
106 |
105 |
70 |
70 |
70 |
Other Long-Term Liabilities |
|
33 |
40 |
47 |
46 |
42 |
47 |
45 |
Total Equity & Noncontrolling Interests |
|
499 |
511 |
526 |
529 |
551 |
560 |
573 |
Total Preferred & Common Equity |
|
499 |
511 |
526 |
529 |
551 |
560 |
573 |
Total Common Equity |
|
499 |
511 |
526 |
529 |
551 |
560 |
573 |
Common Stock |
|
403 |
403 |
422 |
422 |
423 |
424 |
424 |
Retained Earnings |
|
121 |
130 |
131 |
137 |
155 |
163 |
172 |
Treasury Stock |
|
-4.88 |
-4.88 |
-9.46 |
-9.46 |
-10 |
-10 |
-10 |
Accumulated Other Comprehensive Income / (Loss) |
|
-19 |
-17 |
-18 |
-21 |
-17 |
-17 |
-13 |
Annual Metrics And Ratios for Mid Penn Bancorp
This table displays calculated financial ratios and metrics derived from Mid Penn Bancorp's official financial filings.
Metric |
2022 |
2023 |
2024 |
Growth Metrics |
- |
- |
- |
Revenue Growth |
31.81% |
-2.63% |
7.30% |
EBITDA Growth |
80.24% |
-30.21% |
29.28% |
EBIT Growth |
86.81% |
-33.64% |
34.32% |
NOPAT Growth |
86.93% |
-31.76% |
32.20% |
Net Income Growth |
86.93% |
-31.76% |
32.20% |
EPS Growth |
26.94% |
-33.43% |
26.64% |
Operating Cash Flow Growth |
-8.97% |
-12.75% |
-1.82% |
Free Cash Flow Firm Growth |
121.10% |
-822.34% |
220.81% |
Invested Capital Growth |
4.72% |
31.53% |
-18.32% |
Revenue Q/Q Growth |
6.36% |
-1.87% |
3.06% |
EBITDA Q/Q Growth |
34.82% |
-8.72% |
2.59% |
EBIT Q/Q Growth |
38.46% |
-9.89% |
3.08% |
NOPAT Q/Q Growth |
38.07% |
-8.83% |
2.35% |
Net Income Q/Q Growth |
38.07% |
-8.83% |
2.35% |
EPS Q/Q Growth |
51.54% |
-9.84% |
-0.68% |
Operating Cash Flow Q/Q Growth |
-9.03% |
-6.67% |
-16.49% |
Free Cash Flow Firm Q/Q Growth |
139.56% |
-8.34% |
227.94% |
Invested Capital Q/Q Growth |
18.62% |
15.01% |
-4.02% |
Profitability Metrics |
- |
- |
- |
EBITDA Margin |
43.47% |
31.16% |
37.54% |
EBIT Margin |
39.27% |
26.77% |
33.51% |
Profit (Net Income) Margin |
31.96% |
22.40% |
27.59% |
Tax Burden Percent |
81.38% |
83.67% |
82.35% |
Interest Burden Percent |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
18.62% |
16.33% |
17.65% |
Return on Invested Capital (ROIC) |
8.29% |
4.78% |
6.12% |
ROIC Less NNEP Spread (ROIC-NNEP) |
8.29% |
4.78% |
6.12% |
Return on Net Nonoperating Assets (RNNOA) |
2.64% |
2.32% |
2.14% |
Return on Equity (ROE) |
10.94% |
7.09% |
8.26% |
Cash Return on Invested Capital (CROIC) |
3.68% |
-22.45% |
26.28% |
Operating Return on Assets (OROA) |
1.47% |
0.91% |
1.12% |
Return on Assets (ROA) |
1.19% |
0.76% |
0.92% |
Return on Common Equity (ROCE) |
10.94% |
7.09% |
8.26% |
Return on Equity Simple (ROE_SIMPLE) |
10.70% |
6.90% |
7.55% |
Net Operating Profit after Tax (NOPAT) |
55 |
37 |
49 |
NOPAT Margin |
31.96% |
22.40% |
27.59% |
Net Nonoperating Expense Percent (NNEP) |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
41.70% |
47.76% |
47.94% |
Operating Expenses to Revenue |
58.22% |
71.02% |
65.65% |
Earnings before Interest and Taxes (EBIT) |
67 |
45 |
60 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
75 |
52 |
67 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
0.86 |
0.72 |
0.73 |
Price to Tangible Book Value (P/TBV) |
1.13 |
0.95 |
0.91 |
Price to Revenue (P/Rev) |
2.58 |
2.33 |
2.66 |
Price to Earnings (P/E) |
8.06 |
10.40 |
9.63 |
Dividend Yield |
2.88% |
3.43% |
2.79% |
Earnings Yield |
12.41% |
9.62% |
10.38% |
Enterprise Value to Invested Capital (EV/IC) |
0.81 |
0.72 |
0.66 |
Enterprise Value to Revenue (EV/Rev) |
3.18 |
3.83 |
2.66 |
Enterprise Value to EBITDA (EV/EBITDA) |
7.31 |
12.28 |
7.09 |
Enterprise Value to EBIT (EV/EBIT) |
8.09 |
14.30 |
7.94 |
Enterprise Value to NOPAT (EV/NOPAT) |
9.94 |
17.09 |
9.65 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
9.08 |
12.21 |
9.28 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
22.39 |
0.00 |
2.25 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
0.32 |
0.64 |
0.11 |
Long-Term Debt to Equity |
0.12 |
0.19 |
0.11 |
Financial Leverage |
0.32 |
0.48 |
0.35 |
Leverage Ratio |
9.17 |
9.28 |
8.99 |
Compound Leverage Factor |
9.17 |
9.28 |
8.99 |
Debt to Total Capital |
24.26% |
39.01% |
9.82% |
Short-Term Debt to Total Capital |
15.18% |
27.16% |
0.28% |
Long-Term Debt to Total Capital |
9.07% |
11.85% |
9.55% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
75.74% |
60.99% |
90.18% |
Debt to EBITDA |
2.20 |
6.67 |
1.06 |
Net Debt to EBITDA |
1.38 |
4.81 |
0.01 |
Long-Term Debt to EBITDA |
0.82 |
2.03 |
1.03 |
Debt to NOPAT |
2.99 |
9.28 |
1.44 |
Net Debt to NOPAT |
1.88 |
6.69 |
0.02 |
Long-Term Debt to NOPAT |
1.12 |
2.82 |
1.40 |
Noncontrolling Interest Sharing Ratio |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
- |
- |
- |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
24 |
-176 |
212 |
Operating Cash Flow to CapEx |
1,488.98% |
1,889.57% |
760.97% |
Free Cash Flow to Firm to Interest Expense |
1.37 |
-1.97 |
1.63 |
Operating Cash Flow to Interest Expense |
3.38 |
0.59 |
0.40 |
Operating Cash Flow Less CapEx to Interest Expense |
3.15 |
0.55 |
0.34 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
0.04 |
0.03 |
0.03 |
Fixed Asset Turnover |
5.07 |
4.68 |
4.73 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
676 |
889 |
726 |
Invested Capital Turnover |
0.26 |
0.21 |
0.22 |
Increase / (Decrease) in Invested Capital |
30 |
213 |
-163 |
Enterprise Value (EV) |
545 |
639 |
477 |
Market Capitalization |
442 |
389 |
476 |
Book Value per Share |
$32.24 |
$32.54 |
$39.41 |
Tangible Book Value per Share |
$24.59 |
$24.53 |
$31.32 |
Total Capital |
676 |
889 |
726 |
Total Debt |
164 |
347 |
71 |
Total Long-Term Debt |
61 |
105 |
69 |
Net Debt |
103 |
250 |
0.78 |
Capital Expenditures (CapEx) |
4.03 |
2.77 |
6.75 |
Net Nonoperating Expense (NNE) |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
164 |
347 |
71 |
Total Depreciation and Amortization (D&A) |
7.20 |
7.33 |
7.23 |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
$3.44 |
$2.29 |
$2.90 |
Adjusted Weighted Average Basic Shares Outstanding |
15.91M |
16.32M |
17.03M |
Adjusted Diluted Earnings per Share |
$3.44 |
$2.29 |
$2.90 |
Adjusted Weighted Average Diluted Shares Outstanding |
15.93M |
16.35M |
17.07M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
15.89M |
16.57M |
19.36M |
Normalized Net Operating Profit after Tax (NOPAT) |
55 |
42 |
50 |
Normalized NOPAT Margin |
32.10% |
25.17% |
27.84% |
Pre Tax Income Margin |
39.27% |
26.77% |
33.51% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
3.79 |
0.50 |
0.46 |
NOPAT to Interest Expense |
3.08 |
0.42 |
0.38 |
EBIT Less CapEx to Interest Expense |
3.56 |
0.47 |
0.41 |
NOPAT Less CapEx to Interest Expense |
2.86 |
0.39 |
0.33 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
23.24% |
34.71% |
27.96% |
Augmented Payout Ratio |
28.63% |
47.75% |
28.61% |
Quarterly Metrics And Ratios for Mid Penn Bancorp
This table displays calculated financial ratios and metrics derived from Mid Penn Bancorp's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
39.59% |
29.28% |
0.52% |
2.46% |
-5.61% |
-7.01% |
4.75% |
5.83% |
5.89% |
12.61% |
EBITDA Growth |
|
67.24% |
957.96% |
-0.49% |
-59.56% |
-35.78% |
-23.38% |
6.08% |
136.60% |
24.68% |
10.42% |
EBIT Growth |
|
58.45% |
3,170.85% |
-0.75% |
-66.86% |
-39.76% |
-25.42% |
6.49% |
186.60% |
29.21% |
12.44% |
NOPAT Growth |
|
58.18% |
2,489.62% |
-1.12% |
-60.53% |
-40.34% |
-23.04% |
8.07% |
143.40% |
33.19% |
9.37% |
Net Income Growth |
|
58.18% |
2,489.62% |
-1.12% |
-60.53% |
-40.34% |
-23.04% |
8.07% |
143.40% |
33.19% |
9.37% |
EPS Growth |
|
12.79% |
650.00% |
-1.41% |
-62.34% |
-42.27% |
-25.25% |
4.29% |
144.83% |
32.14% |
-2.70% |
Operating Cash Flow Growth |
|
31.51% |
-24.47% |
20.76% |
-11.96% |
-26.01% |
-20.34% |
-5.84% |
59.27% |
27.71% |
-72.04% |
Free Cash Flow Firm Growth |
|
-177.77% |
89.75% |
-109.53% |
-271.88% |
-126.33% |
-1,262.37% |
-3,775.84% |
55.17% |
114.81% |
187.60% |
Invested Capital Growth |
|
21.59% |
4.72% |
2.63% |
29.51% |
35.66% |
31.53% |
35.32% |
11.51% |
-2.13% |
-18.32% |
Revenue Q/Q Growth |
|
11.58% |
-0.18% |
-10.86% |
3.20% |
2.79% |
-1.66% |
0.42% |
4.26% |
2.84% |
4.59% |
EBITDA Q/Q Growth |
|
24.23% |
1.87% |
-26.96% |
-56.25% |
97.29% |
21.54% |
1.12% |
-2.42% |
3.97% |
7.63% |
EBIT Q/Q Growth |
|
27.19% |
1.00% |
-28.42% |
-63.96% |
131.22% |
25.04% |
2.21% |
-3.01% |
4.24% |
8.82% |
NOPAT Q/Q Growth |
|
26.35% |
1.54% |
-28.58% |
-56.93% |
90.98% |
30.99% |
0.29% |
-2.98% |
4.50% |
7.57% |
Net Income Q/Q Growth |
|
26.35% |
1.54% |
-28.58% |
-56.93% |
90.98% |
30.99% |
0.29% |
-2.98% |
4.50% |
7.57% |
EPS Q/Q Growth |
|
25.97% |
2.06% |
-29.29% |
-58.57% |
93.10% |
32.14% |
-1.35% |
-2.74% |
4.23% |
-2.70% |
Operating Cash Flow Q/Q Growth |
|
38.65% |
3.12% |
-28.33% |
-14.08% |
16.53% |
11.01% |
-20.11% |
45.32% |
-6.56% |
-75.69% |
Free Cash Flow Firm Q/Q Growth |
|
-189.45% |
82.78% |
61.37% |
-2,789.51% |
-17.79% |
-3.63% |
-9.89% |
66.58% |
138.93% |
512.79% |
Invested Capital Q/Q Growth |
|
-0.78% |
18.62% |
-2.40% |
12.74% |
3.93% |
15.01% |
0.42% |
-7.10% |
-8.78% |
-4.02% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
46.01% |
46.95% |
38.47% |
16.31% |
31.30% |
38.69% |
38.96% |
36.46% |
36.86% |
37.93% |
EBIT Margin |
|
42.11% |
42.61% |
34.22% |
11.95% |
26.88% |
34.17% |
34.78% |
32.36% |
32.80% |
34.12% |
Profit (Net Income) Margin |
|
34.12% |
34.71% |
27.81% |
11.61% |
21.57% |
28.72% |
28.69% |
26.69% |
27.13% |
27.90% |
Tax Burden Percent |
|
81.02% |
81.45% |
81.27% |
97.15% |
80.24% |
84.06% |
82.48% |
82.51% |
82.71% |
81.76% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
18.98% |
18.55% |
18.73% |
2.85% |
19.76% |
15.94% |
17.52% |
17.49% |
17.29% |
18.24% |
Return on Invested Capital (ROIC) |
|
10.59% |
9.01% |
7.33% |
3.04% |
5.46% |
6.13% |
6.24% |
5.81% |
6.16% |
6.19% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
10.59% |
9.01% |
7.33% |
3.04% |
5.46% |
6.13% |
6.24% |
5.81% |
6.16% |
6.19% |
Return on Net Nonoperating Assets (RNNOA) |
|
2.38% |
2.87% |
2.17% |
0.88% |
1.68% |
2.97% |
2.89% |
2.61% |
2.40% |
2.16% |
Return on Equity (ROE) |
|
12.97% |
11.88% |
9.50% |
3.92% |
7.14% |
9.10% |
9.13% |
8.43% |
8.56% |
8.35% |
Cash Return on Invested Capital (CROIC) |
|
-11.84% |
3.68% |
5.80% |
-18.55% |
-24.16% |
-22.45% |
-25.08% |
-5.13% |
8.46% |
26.28% |
Operating Return on Assets (OROA) |
|
1.74% |
1.59% |
1.27% |
0.44% |
0.96% |
1.17% |
1.19% |
1.06% |
1.06% |
1.14% |
Return on Assets (ROA) |
|
1.41% |
1.30% |
1.03% |
0.43% |
0.77% |
0.98% |
0.98% |
0.87% |
0.88% |
0.93% |
Return on Common Equity (ROCE) |
|
12.97% |
11.88% |
9.50% |
3.92% |
7.14% |
9.10% |
9.13% |
8.43% |
8.56% |
8.35% |
Return on Equity Simple (ROE_SIMPLE) |
|
7.95% |
0.00% |
10.70% |
8.99% |
7.76% |
0.00% |
6.95% |
8.08% |
8.43% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
15 |
16 |
11 |
4.84 |
9.24 |
12 |
12 |
12 |
12 |
13 |
NOPAT Margin |
|
34.12% |
34.71% |
27.81% |
11.61% |
21.57% |
28.72% |
28.69% |
26.69% |
27.13% |
27.90% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
39.99% |
40.38% |
46.88% |
48.23% |
47.63% |
48.25% |
49.15% |
47.37% |
47.51% |
47.82% |
Operating Expenses to Revenue |
|
54.47% |
56.23% |
64.00% |
84.31% |
68.25% |
67.41% |
67.43% |
64.01% |
66.07% |
65.18% |
Earnings before Interest and Taxes (EBIT) |
|
19 |
19 |
14 |
4.98 |
12 |
14 |
15 |
14 |
15 |
16 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
21 |
21 |
16 |
6.80 |
13 |
16 |
16 |
16 |
17 |
18 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.85 |
0.86 |
0.75 |
0.64 |
0.60 |
0.72 |
0.59 |
0.65 |
0.86 |
0.73 |
Price to Tangible Book Value (P/TBV) |
|
1.13 |
1.13 |
0.99 |
0.86 |
0.82 |
0.95 |
0.78 |
0.85 |
1.13 |
0.91 |
Price to Revenue (P/Rev) |
|
2.64 |
2.58 |
2.24 |
1.94 |
1.88 |
2.33 |
1.93 |
2.12 |
2.85 |
2.66 |
Price to Earnings (P/E) |
|
10.74 |
8.06 |
7.04 |
7.10 |
7.79 |
10.40 |
8.51 |
8.04 |
10.25 |
9.63 |
Dividend Yield |
|
2.98% |
2.88% |
3.30% |
3.79% |
4.15% |
3.43% |
4.07% |
3.67% |
2.70% |
2.79% |
Earnings Yield |
|
9.31% |
12.41% |
14.21% |
14.08% |
12.84% |
9.62% |
11.75% |
12.44% |
9.76% |
10.38% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.71 |
0.81 |
0.71 |
0.62 |
0.58 |
0.72 |
0.67 |
0.64 |
0.71 |
0.66 |
Enterprise Value to Revenue (EV/Rev) |
|
2.50 |
3.18 |
2.72 |
2.66 |
2.62 |
3.83 |
3.55 |
3.08 |
3.07 |
2.66 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
7.28 |
7.31 |
6.28 |
7.13 |
7.82 |
12.28 |
11.33 |
8.48 |
8.15 |
7.09 |
Enterprise Value to EBIT (EV/EBIT) |
|
8.27 |
8.09 |
6.95 |
8.04 |
8.99 |
14.30 |
13.16 |
9.62 |
9.17 |
7.94 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
10.14 |
9.94 |
8.55 |
9.73 |
10.87 |
17.09 |
15.66 |
11.66 |
11.06 |
9.65 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
6.10 |
9.08 |
7.51 |
7.57 |
7.95 |
12.21 |
11.73 |
9.12 |
8.68 |
9.28 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
22.39 |
12.38 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
8.25 |
2.25 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.14 |
0.32 |
0.28 |
0.41 |
0.46 |
0.64 |
0.62 |
0.48 |
0.32 |
0.11 |
Long-Term Debt to Equity |
|
0.14 |
0.12 |
0.11 |
0.20 |
0.20 |
0.19 |
0.13 |
0.12 |
0.12 |
0.11 |
Financial Leverage |
|
0.22 |
0.32 |
0.30 |
0.29 |
0.31 |
0.48 |
0.46 |
0.45 |
0.39 |
0.35 |
Leverage Ratio |
|
9.18 |
9.17 |
9.21 |
9.20 |
9.29 |
9.28 |
9.34 |
9.65 |
9.75 |
8.99 |
Compound Leverage Factor |
|
9.18 |
9.17 |
9.21 |
9.20 |
9.29 |
9.28 |
9.34 |
9.65 |
9.75 |
8.99 |
Debt to Total Capital |
|
12.43% |
24.26% |
22.09% |
29.31% |
31.62% |
39.01% |
38.30% |
32.53% |
24.28% |
9.82% |
Short-Term Debt to Total Capital |
|
0.00% |
15.18% |
13.42% |
15.11% |
17.98% |
27.16% |
30.44% |
24.11% |
15.08% |
0.28% |
Long-Term Debt to Total Capital |
|
12.43% |
9.07% |
8.66% |
14.20% |
13.64% |
11.85% |
7.86% |
8.42% |
9.20% |
9.55% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
87.57% |
75.74% |
77.91% |
70.69% |
68.38% |
60.99% |
61.70% |
67.47% |
75.72% |
90.18% |
Debt to EBITDA |
|
1.28 |
2.20 |
1.94 |
3.38 |
4.29 |
6.67 |
6.46 |
4.34 |
2.80 |
1.06 |
Net Debt to EBITDA |
|
-0.43 |
1.38 |
1.11 |
1.93 |
2.22 |
4.81 |
5.17 |
2.64 |
0.60 |
0.01 |
Long-Term Debt to EBITDA |
|
1.28 |
0.82 |
0.76 |
1.64 |
1.85 |
2.03 |
1.32 |
1.12 |
1.06 |
1.03 |
Debt to NOPAT |
|
1.79 |
2.99 |
2.65 |
4.61 |
5.96 |
9.28 |
8.93 |
5.97 |
3.80 |
1.44 |
Net Debt to NOPAT |
|
-0.60 |
1.88 |
1.51 |
2.63 |
3.08 |
6.69 |
7.15 |
3.63 |
0.81 |
0.02 |
Long-Term Debt to NOPAT |
|
1.79 |
1.12 |
1.04 |
2.23 |
2.57 |
2.82 |
1.83 |
1.54 |
1.44 |
1.40 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-86 |
-15 |
-5.70 |
-165 |
-194 |
-201 |
-221 |
-74 |
29 |
176 |
Operating Cash Flow to CapEx |
|
0.00% |
833.12% |
1,479.01% |
1,276.44% |
1,516.55% |
12,005.74% |
3,889.97% |
0.00% |
2,452.69% |
65.63% |
Free Cash Flow to Firm to Interest Expense |
|
-23.83 |
-1.81 |
-0.40 |
-8.18 |
-7.48 |
-6.90 |
-6.96 |
-2.27 |
0.85 |
5.50 |
Operating Cash Flow to Interest Expense |
|
4.96 |
2.25 |
0.93 |
0.56 |
0.51 |
0.50 |
0.39 |
0.56 |
0.50 |
0.13 |
Operating Cash Flow Less CapEx to Interest Expense |
|
5.12 |
1.98 |
0.87 |
0.52 |
0.48 |
0.50 |
0.38 |
0.57 |
0.48 |
-0.07 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
Fixed Asset Turnover |
|
5.23 |
5.07 |
4.84 |
4.57 |
4.54 |
4.68 |
4.81 |
4.66 |
4.79 |
4.73 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
570 |
676 |
660 |
744 |
773 |
889 |
893 |
830 |
757 |
726 |
Invested Capital Turnover |
|
0.31 |
0.26 |
0.26 |
0.26 |
0.25 |
0.21 |
0.22 |
0.22 |
0.23 |
0.22 |
Increase / (Decrease) in Invested Capital |
|
101 |
30 |
17 |
170 |
203 |
213 |
233 |
86 |
-16 |
-163 |
Enterprise Value (EV) |
|
402 |
545 |
467 |
460 |
446 |
639 |
600 |
528 |
534 |
477 |
Market Capitalization |
|
426 |
442 |
385 |
336 |
320 |
389 |
326 |
364 |
495 |
476 |
Book Value per Share |
|
$31.43 |
$32.24 |
$32.15 |
$33.06 |
$31.90 |
$32.54 |
$33.24 |
$33.54 |
$34.32 |
$39.41 |
Tangible Book Value per Share |
|
$23.81 |
$24.59 |
$24.53 |
$24.46 |
$23.65 |
$24.53 |
$25.21 |
$25.59 |
$26.24 |
$31.32 |
Total Capital |
|
570 |
676 |
656 |
744 |
773 |
889 |
893 |
830 |
757 |
726 |
Total Debt |
|
71 |
164 |
145 |
218 |
244 |
347 |
342 |
270 |
184 |
71 |
Total Long-Term Debt |
|
71 |
61 |
57 |
106 |
105 |
105 |
70 |
70 |
70 |
69 |
Net Debt |
|
-24 |
103 |
83 |
124 |
126 |
250 |
274 |
164 |
39 |
0.78 |
Capital Expenditures (CapEx) |
|
-0.60 |
2.21 |
0.89 |
0.89 |
0.87 |
0.12 |
0.32 |
-0.49 |
0.69 |
6.24 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
71 |
164 |
149 |
218 |
244 |
347 |
342 |
270 |
184 |
71 |
Total Depreciation and Amortization (D&A) |
|
1.77 |
1.97 |
1.72 |
1.82 |
1.90 |
1.90 |
1.77 |
1.81 |
1.84 |
1.81 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.97 |
$0.99 |
$0.71 |
$0.29 |
$0.56 |
$0.73 |
$0.73 |
$0.71 |
$0.74 |
$0.72 |
Adjusted Weighted Average Basic Shares Outstanding |
|
15.88M |
15.91M |
15.89M |
16.23M |
16.57M |
16.32M |
16.57M |
16.58M |
16.61M |
17.03M |
Adjusted Diluted Earnings per Share |
|
$0.97 |
$0.99 |
$0.70 |
$0.29 |
$0.56 |
$0.74 |
$0.73 |
$0.71 |
$0.74 |
$0.72 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
15.88M |
15.93M |
15.93M |
16.26M |
16.59M |
16.35M |
16.61M |
16.61M |
16.66M |
17.07M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
15.88M |
15.89M |
15.91M |
16.57M |
16.67M |
16.57M |
16.69M |
16.70M |
16.62M |
19.36M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
15 |
16 |
11 |
9.69 |
9.52 |
12 |
12 |
12 |
12 |
14 |
Normalized NOPAT Margin |
|
34.12% |
35.24% |
28.26% |
23.25% |
22.23% |
28.68% |
28.69% |
26.69% |
27.33% |
28.65% |
Pre Tax Income Margin |
|
42.11% |
42.61% |
34.22% |
11.95% |
26.88% |
34.17% |
34.78% |
32.36% |
32.80% |
34.12% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
5.31 |
2.36 |
0.97 |
0.25 |
0.44 |
0.49 |
0.46 |
0.44 |
0.44 |
0.51 |
NOPAT to Interest Expense |
|
4.30 |
1.93 |
0.79 |
0.24 |
0.36 |
0.42 |
0.38 |
0.36 |
0.37 |
0.41 |
EBIT Less CapEx to Interest Expense |
|
5.48 |
2.09 |
0.91 |
0.20 |
0.41 |
0.49 |
0.45 |
0.45 |
0.42 |
0.31 |
NOPAT Less CapEx to Interest Expense |
|
4.47 |
1.65 |
0.73 |
0.20 |
0.32 |
0.41 |
0.37 |
0.38 |
0.34 |
0.22 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
29.84% |
23.24% |
23.26% |
26.89% |
31.31% |
34.71% |
34.25% |
29.30% |
27.47% |
27.96% |
Augmented Payout Ratio |
|
37.29% |
28.63% |
23.26% |
36.58% |
42.48% |
47.75% |
47.82% |
30.66% |
28.75% |
28.61% |
Key Financial Trends
Mid Penn Bancorp (NASDAQ:MPB) has demonstrated solid financial performance over the last few years, with steady growth in key areas such as revenue, net income, and balance sheet strength. Analyzing data from Q3 2022 through Q4 2024 reveals several trends and factors relevant for investors.
- Net interest income increased from around $39.4 million in Q3 2022 to $41.3 million in Q4 2024, indicating improved profitability from lending and investment activities.
- Consistent net income growth is evident, with quarterly net income rising from approximately $9.2 million in Q3 2023 to $13.2 million in Q4 2024, reflecting operational strength.
- The company maintains a healthy return per share. Diluted earnings per share have gradually increased from $0.56 in Q3 2023 to $0.72 in Q4 2024, suggesting shareholder value growth.
- Loan balances have grown steadily, with net loans increasing from about $3.3 billion in Q3 2022 to over $4.3 billion by Q3 2024, reflecting business expansion and demand.
- Total assets expanded over this period from roughly $4.3 billion in Q3 2022 to $5.5 billion in Q3 2024, indicating overall growth in the bank’s size and market presence.
- Provision for credit losses fluctuated, with some quarters showing reversals (negative provision) and others increases, but overall levels remain relatively low, implying manageable credit risk.
- Non-interest income shows variability but remains a smaller part of total revenue compared to interest income, averaging around $5-6 million per quarter.
- Cash dividends paid are steady at $0.20 per share quarterly, offering consistent income to shareholders, but with limited growth in payout.
- Operating expenses have increased modestly, from about $24.7 million in Q3 2022 to approximately $30.9 million in Q4 2024, putting pressure on efficiency metrics.
- Cash flows from investing activities are consistently negative due to investment purchases outpacing sales, which, while typical for growth, could signal capital intensity.
Overall, Mid Penn Bancorp's financial statements reflect a growing regional bank with expanding loan portfolios and strong net income trends. While expenses and investing cash outflows require monitoring, the company shows stable earnings per share growth and solid asset base expansion, which are positive signs for investors interested in the financial sector.
08/24/25 01:08 PMAI Generated. May Contain Errors.