MPB - Mid Penn Bancorp Inc Stock Price, Fair Value and News

21.95USD+0.08 (+0.37%)Market Closed

Market Summary

USD21.95+0.08

Market Closed

0.37%

MPB Alerts

1 major insider buys recently.

Big jump in Revenue (Y/Y)

MPB Stock Price

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MPB RSI Chart

MPB Valuation

Market Cap

366.3M

Price/Earnings (Trailing)

9.56

Price/Sales (Trailing)

1.44

EV/EBITDA

1.85

Price/Free Cashflow

7.45

MPB Price/Sales (Trailing)

MPB Profitability

EBT Margin

17.93%

Return on Equity

6.95%

Return on Assets

0.72%

Free Cashflow Yield

13.43%

MPB Fundamentals

MPB Revenue

Revenue (TTM)

254.3M

Rev. Growth (Yr)

35.77%

Rev. Growth (Qtr)

3.14%

MPB Earnings

Earnings (TTM)

38.3M

Earnings Growth (Yr)

8.07%

Earnings Growth (Qtr)

0.29%

Breaking Down MPB Revenue

Last 7 days

Last 30 days

12.5%

Last 90 days

4.4%

Trailing 12 Months

1.7%

How does MPB drawdown profile look like?

MPB Financial Health

MPB Investor Care

Dividend Yield

3.64%

Dividend/Share (TTM)

0.8

Shares Dilution (1Y)

4.91%

Diluted EPS (TTM)

2.32

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	254.3M	0	0	0
2023	178.2M	196.6M	217.0M	236.3M
2022	131.8M	139.3M	151.5M	165.6M
2021	113.4M	117.9M	122.6M	123.3M
2020	96.1M	98.3M	99.9M	107.9M
2019	78.5M	88.8M	93.7M	95.3M
2018	46.3M	49.2M	57.6M	68.7M
2017	41.1M	42.1M	43.1M	43.9M
2016	38.0M	38.2M	39.0M	40.2M
2015	31.4M	33.2M	34.9M	36.5M
2014	29.5M	30.2M	30.2M	30.6M
2013	29.6M	28.8M	29.0M	29.0M
2012	31.8M	31.6M	31.1M	30.4M
2011	30.2M	30.6M	31.1M	31.5M
2010	0	30.9M	30.5M	30.1M
2009	0	0	0	31.3M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Mid Penn Bancorp Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 29, 2024	de soto matthew g	bought	199,563	20.7554	9,615	-
Apr 29, 2024	de soto matthew g	bought	29,938	20.6185	1,452	-
Apr 01, 2024	abel robert a	acquired	-	-	999	-
Apr 01, 2024	hudson brian arden sr.	acquired	-	-	999	-
Apr 01, 2024	ritrievi rory g	acquired	-	-	9,981	president and ceo
Apr 01, 2024	gathagan maureen m.	acquired	-	-	999	-
Apr 01, 2024	dickinson joan e	acquired	-	-	899	chief retail officer
Apr 01, 2024	webb justin t.	acquired	-	-	1,997	chief financial officer

Which funds bought or sold MPB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.65	-81,106	297,589	-%
May 16, 2024	COMERICA BANK	unchanged	-	-163	760	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	80.1	9,041	27,713	-%
May 15, 2024	Regal Investment Advisors LLC	new	-	352,877	352,877	0.02%
May 15, 2024	JANUS HENDERSON GROUP PLC	sold off	-100	-269,101	-	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-5.92	-243,297	839,640	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	reduced	-38.47	-233,249	239,920	-%
May 15, 2024	Royal Bank of Canada	reduced	-29.44	-141,000	196,000	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	4.09	-191,872	1,158,000	0.02%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	reduced	-5.18	-86,903	310,755	-%

Are Funds Buying or Selling MPB?

Are funds buying MPB calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MPB

No. of Funds

Unveiling Mid Penn Bancorp Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 08, 2024	wellington management group llp	4.23%	705,008	SC 13G/A
Jan 26, 2024	blackrock inc.	7.1%	1,181,709	SC 13G/A
Feb 06, 2023	wellington management group llp	5.20%	836,411	SC 13G
Jan 31, 2023	blackrock inc.	7.0%	1,117,219	SC 13G/A
Nov 16, 2022	castle creek capital partners vi, lp	4.5%	706,901	SC 13G
Feb 04, 2022	bay pond partners, l.p.	3.78%	603,753	SC 13G/A
Feb 04, 2022	blackrock inc.	7.0%	1,112,593	SC 13G
Jul 06, 2021	bay pond partners, l.p.	5.25%	598,956	SC 13G

Recent SEC filings of Mid Penn Bancorp Inc

View All Filings

Date Filed	Form Type	Document
May 15, 2024	8-K	Current Report
May 14, 2024	8-K	Current Report
May 14, 2024	8-K	Current Report
May 08, 2024	10-Q	Quarterly Report
May 01, 2024	4	Insider Trading
Apr 24, 2024	8-K	Current Report
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading

Peers (Alternatives to Mid Penn Bancorp Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

Mid Penn Bancorp Inc News

Latest updates

Mid Penn Bancorp Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	3.1%	68.00	66.00	63.00	57.00	50.00	47.00	43.00	38.00	38.00	33.00	31.00	31.00	29.00	32.00	26.00	26.00	24.00	24.00	25.00	24.00	23.00
EBITDA Margin	-6.4%	0.78*	0.83*	0.94*	1.08*	1.24*	1.33*	1.26*	1.23*	1.21*	1.20*	1.28*	1.24*	-	-	-	-	-	-	-	-	-
Interest Expenses	-1.5%	36.00	37.00	37.00	36.00	36.00	39.00	39.00	35.00	34.00	29.00	27.00	27.00	25.00	28.00	21.00	21.00	18.00	17.00	18.00	18.00	17.00
Income Taxes	12.3%	3.00	2.00	2.00	0.00	3.00	4.00	4.00	3.00	3.00	-0.02	2.00	2.00	2.00	2.00	1.00	2.00	1.00	1.00	1.00	1.00	1.00
Earnings Before Taxes	2.2%	15.00	14.00	12.00	5.00	14.00	19.00	19.00	15.00	14.00	1.00	12.00	12.00	11.00	11.00	7.00	9.00	4.00	6.00	6.00	5.00	5.00
EBT Margin	-5.2%	0.18*	0.19*	0.23*	0.29*	0.38*	0.41*	0.32*	0.30*	0.29*	0.29*	0.38*	0.35*	-	-	-	-	-	-	-	-	-
Net Income	0.3%	12.00	12.00	9.00	5.00	11.00	16.00	15.00	12.00	11.00	1.00	10.00	10.00	9.00	9.00	7.00	7.00	4.00	4.00	5.00	4.00	4.00
Net Income Margin	-4.8%	0.15*	0.16*	0.19*	0.24*	0.31*	0.33*	0.26*	0.24*	0.24*	0.24*	0.31*	0.29*	-	-	-	-	-	-	-	-	-
Free Cashflow	-22.1%	12.00	15.00	12.00	10.00	12.00	18.00	17.00	12.00	10.00	24.00	12.00	14.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.7%	5,330	5,291	5,216	5,089	4,583	4,498	4,334	4,310	4,667	4,689	3,453	3,462	3,382	2,999	3,053	2,922	2,300	2,231	2,249	2,136	2,148
Net PPE	-2.3%	36.00	37.00	39.00	39.00	34.00	34.00	34.00	34.00	34.00	33.00	26.00	25.00	25.00	25.00	25.00	26.00	26.00	25.00	23.00	24.00	24.00
Goodwill	0%	127	127	130	129	114	114	114	114	114	114	63.00	63.00	63.00	63.00	63.00	63.00	63.00	63.00	63.00	63.00	63.00
Liabilities	0.7%	4,779	4,748	4,687	4,563	4,073	3,986	3,835	3,814	4,173	4,199	3,104	3,120	3,118	2,743	2,805	2,679	2,060	1,993	2,014	1,905	1,920
Short Term Borrowings	12.5%	272	242	139	112	88.00	103	-	-	-	-	-	197	308	126	204	204	-	-	12.00	13.00	35.00
Shareholder's Equity	1.6%	551	542	529	526	511	512	499	496	494	490	349	342	264	256	248	243	240	238	235	231	227
Retained Earnings	6.0%	155	146	137	131	130	133	121	108	99.00	91.00	93.00	85.00	78.00	70.00	63.00	58.00	53.00	51.00	48.00	45.00	42.00
Additional Paid-In Capital	0.1%	406	406	405	405	387	387	386	386	386	385	247	247	179	179	179	178	178	178	178	178	178
Shares Outstanding	0.0%	17.00	17.00	17.00	17.00	16.00	16.00	16.00	16.00	16.00	11.00	11.00	11.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	329	-	-	-	383	-	-	-	270	-	-	-	126	-	172	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-20.1%	12,409	15,533	12,533	10,922	12,949	18,387	17,831	12,860	10,913	24,343	13,559	14,727	13,270	15,173	-35.00	-167	-902	638	7,071	-2,654	2,776
Share Based Compensation	-2.4%	284	291	312	251	249	446	237	291	168	164	227	173	132	118	104	96.00	96.00	-	91.00	80.00	80.00
Cashflow From Investing	35.5%	-65,746	-101,979	-106,639	-106,310	-93,593	-212,188	-176,280	-171,910	-144,333	184,906	124,451	121,866	-261,852	152,137	-66,548	-612,676	-61,825	-1,270	-1,503	-20,379	-3,833
Cashflow From Financing	-62.1%	24,659	65,110	118,330	127,092	81,934	160,004	16,341	-362,595	-21,901	-50,439	-19,415	72,383	372,229	-58,943	118,185	615,840	64,455	-21,217	107,166	-15,790	47,960
Dividend Payments	0.0%	3,314	3,315	3,308	3,182	3,176	3,177	3,174	3,193	3,191	2,286	2,285	2,281	2,020	1,514	1,517	1,523	1,950	1,526	1,525	1,524	2,113
Buy Backs	9.1%	323	296	-	4,580	-	-	-	-	-	-	-	-	128	2.00	233	-	-	-	-	-	-

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MPB Income Statement

2024-03-31

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
INTEREST INCOME
Loans, including fees	$ 63,236	$ 45,865
Investment securities:
Taxable	4,040	3,874
Tax-exempt	376	389
Other interest-bearing balances	403	53
Federal funds sold	136	45
Total Interest Income	68,191	50,226
INTEREST EXPENSE
Deposits	26,332	12,001
Short-term borrowings	4,446	1,490
Long-term and subordinated debt	957	686
Total Interest Expense	31,735	14,177
Net Interest Income	36,456	36,049
(Benefit)/Provision for credit losses	(937)	719
Net Interest Income After (Benefit)/Provision for Credit Losses	37,393	35,330
NONINTEREST INCOME
Net gain on sales of SBA loans	107	0
Earnings from cash surrender value of life insurance	284	254
Other	2,436	940
Total Noninterest Income	5,837	4,325
NONINTEREST EXPENSE
Salaries and employee benefits	15,462	13,844
Software licensing and utilization	2,120	1,946
Occupancy, net	1,982	1,886
Equipment	1,222	1,251
Shares tax	997	899
Legal and professional fees	998	800
ATM/card processing	534	493
Intangible amortization	428	344
FDIC Assessment	945	340
Merger and acquisition	0	224
Other	3,832	3,814
Total Noninterest Expense	28,520	25,841
INCOME BEFORE PROVISION FOR INCOME TAXES	14,710	13,814
Provision for income taxes	2,577	2,587
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS	$ 12,133	$ 11,227
PER COMMON SHARE DATA:
Basic Earnings Per Common Share (in dollars per share)	$ 0.73	$ 0.71
Diluted earnings per common share (in dollars per share)	$ 0.73	$ 0.70
Weighted average common shares outstanding (basic) (in shares)	16,567,902	15,886,186
Weighted average common shares outstanding (diluted) (in shares)	16,613,373	15,931,121
Fiduciary and wealth management
NONINTEREST INCOME
Non-interest Income	$ 1,132	$ 1,236
ATM debit card interchange
NONINTEREST INCOME
Non-interest Income	945	1,056
Service charges on deposits
NONINTEREST INCOME
Non-interest Income	509	435
Mortgage banking
NONINTEREST INCOME
Non-interest Income	424	384
Mortgage hedging
NONINTEREST INCOME
Non-interest Income	$ 0	$ 20

MPB Balance Sheet

2024-03-31

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 33,362	$ 45,435
Interest-bearing balances with other financial institutions	31,801	34,668
Federal funds sold	2,922	16,660
Total cash and cash equivalents	68,085	96,763
Investment securities:
HTM, at amortized cost (fair value $351,204 and $357,521)	396,998	399,128
AFS, at fair value	217,632	223,555
Equity securities available for sale, at fair value	431	438
Loans held for sale, at fair value	4,581	3,855
Loans, net of unearned interest	4,317,449	4,252,792
Less: ACL - Loans	(33,524)	(34,187)
Net loans	4,283,925	4,218,605
Premises and equipment, net	36,068	36,909
Operating lease right of use asset	8,414	8,953
Finance lease right of use asset	2,683	2,727
Cash surrender value of life insurance	52,997	54,497
Restricted investment in bank stocks	17,446	16,768
Accrued interest receivable	26,975	25,820
Deferred income taxes	22,894	24,146
Goodwill	127,031	127,031
Core deposit and other intangibles, net	6,051	6,479
Foreclosed assets held for sale	5,110	293
Other assets	53,058	44,825
Total Assets	5,330,379	5,290,792
Deposits:
Noninterest-bearing demand	807,861	801,312
Interest-bearing transaction accounts	2,082,846	2,086,450
Time	1,488,398	1,458,450
Total Deposits	4,379,105	4,346,212
Short-term borrowings	271,849	241,532
Long-term debt	23,941	59,003
Subordinated debt	46,201	46,354
Operating lease liability	8,683	9,285
Accrued interest payable	16,330	14,257
Other liabilities	33,302	31,799
Total Liabilities	4,779,411	4,748,442
Shareholders' Equity:
Common stock, par value $1.00 per share; 40,000,000 shares authorized at March 31, 2024 and December 31, 2023; 17,006,359 issued at March 31, 2024 and 16,998,929 at December 31, 2023; 16,565,637 outstanding at March 31, 2024 and 16,573,707 at December 31, 2023	17,006	16,999
Additional paid-in capital	406,150	405,725
Retained earnings	154,801	145,982
Accumulated other comprehensive loss	(16,947)	(16,637)
Treasury stock, at cost; 440,722 shares at March 31, 2024 and 425,222 shares at December 31, 2023	(10,042)	(9,719)
Total Shareholders’ Equity	550,968	542,350
Total Liabilities and Shareholders' Equity	$ 5,330,379	$ 5,290,792

About Mid Penn Bancorp Inc

Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that engages in the provision of 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. 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 trust and wealth management and insurance services; provides online banking, telephone banking, cash management, and automated teller services, as well as safe deposit boxes. The company was founded in 1868 and is headquartered in Harrisburg, Pennsylvania.

CEO	Mr. Rory G. Ritrievi
WEBSITE	midpennbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	590

Mid Penn Bancorp Inc Frequently Asked Questions

What is the ticker symbol for Mid Penn Bancorp Inc? What does MPB stand for in stocks?

MPB is the stock ticker symbol of Mid Penn Bancorp Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Mid Penn Bancorp Inc (MPB)?

As of Fri May 17 2024, market cap of Mid Penn Bancorp Inc is 366.33 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MPB stock?

You can check MPB's fair value in chart for subscribers.

What is the fair value of MPB stock?

You can check MPB's fair value in chart for subscribers. The fair value of Mid Penn Bancorp Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Mid Penn Bancorp Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MPB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Mid Penn Bancorp Inc a good stock to buy?

The fair value guage provides a quick view whether MPB is over valued or under valued. Whether Mid Penn Bancorp Inc is cheap or expensive depends on the assumptions which impact Mid Penn Bancorp Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MPB.

What is Mid Penn Bancorp Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MPB's PE ratio (Price to Earnings) is 9.56 and Price to Sales (PS) ratio is 1.44. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MPB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Mid Penn Bancorp Inc's stock?

In the past 10 years, Mid Penn Bancorp Inc has provided 0.068 (multiply by 100 for percentage) rate of return.