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

21.00USD-0.19 (-0.90%)Delayed as of 08 May 2024, 09:48 am ET

Market Summary

USD21.00-0.19

Delayedas of 08 May 2024, 09:48 am

-0.90%

MPB Alerts

2 major insider buys recently.

MPB Stock Price

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MPB RSI Chart

MPB Valuation

Market Cap

351.2M

Price/Earnings (Trailing)

9.39

Price/Sales (Trailing)

1.49

EV/EBITDA

1.79

Price/Free Cashflow

7.14

MPB Price/Sales (Trailing)

MPB Profitability

EBT Margin

18.91%

Return on Equity

6.9%

Return on Assets

0.71%

Free Cashflow Yield

14%

MPB Fundamentals

MPB Revenue

Revenue (TTM)

236.3M

Rev. Growth (Yr)

41.45%

Rev. Growth (Qtr)

4.26%

MPB Earnings

Earnings (TTM)

37.4M

Earnings Growth (Yr)

-23.04%

Earnings Growth (Qtr)

30.99%

Breaking Down MPB Revenue

52 Week Range

18.3225.92

(Low)(High)

Last 7 days

4.7%

Last 30 days

6.7%

Last 90 days

4.1%

Trailing 12 Months

9.9%

How does MPB drawdown profile look like?

MPB Financial Health

MPB Investor Care

Dividend Yield

3.78%

Dividend/Share (TTM)

0.8

Shares Dilution (1Y)

4.33%

Diluted EPS (TTM)

2.29

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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 06, 2024	SG Americas Securities, LLC	reduced	-34.9	-91,000	105,000	-%
May 06, 2024	Empowered Funds, LLC	added	7.85	-78,277	625,673	0.01%
May 06, 2024	LSV ASSET MANAGEMENT	added	11.1	-237,000	2,581,000	-%
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	sold off	-100	-329,965	-	-%
May 03, 2024	McClarren Financial Advisors, Inc.	reduced	-98.19	-4,000	24,000	0.02%
May 03, 2024	Avion Wealth	sold off	-100	-1,000	-	-%
May 02, 2024	CNB Bank	unchanged	-	-89,495	419,390	0.20%
May 02, 2024	NISA INVESTMENT ADVISORS, LLC	unchanged	-	-81.00	380	-%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	unchanged	-	-3,458	16,208	-%
May 01, 2024	BNP PARIBAS FINANCIAL MARKETS	added	53.23	93,893	451,125	-%

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

MPB Alerts

2 major insider buys recently.

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 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
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	550.7B	174.7B	-2.88%	39.91%	10.94	3.15	53.11%	19.83%
BAC	296.0B	127.4B	1.99%	36.69%	11.83	2.15	56.12%	-12.56%
WFC	210.0B	85.8B	4.95%	56.96%	11.19	2.45	35.02%	26.14%
C	118.3B	125.0B	0.65%	33.74%	14.8	0.95	37.85%	-
CFG	16.2B	10.4B	4.71%	38.12%	11.31	1.55	26.22%	-33.87%
KEY	14.1B	8.1B	-0.80%	54.34%	16.12	1.73	32.15%	-50.93%
MID-CAP
CMA	7.1B	4.2B	1.12%	47.25%	10.15	1.66	34.68%	-45.96%
ZION	6.5B	3.9B	4.13%	80.63%	9.55	1.64	45.91%	-25.03%
ABCB	3.4B	1.3B	5.29%	67.41%	12.7	2.67	43.24%	-22.35%
ASB	3.3B	1.8B	5.37%	45.89%	20.77	1.64	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	399.1M	152.4M	-3.36%	49.04%	40.14	2.62	16.94%	-73.84%
AROW	389.7M	162.6M	0.47%	17.60%	12.96	2.4	25.39%	-38.37%
ACNB	273.7M	96.6M	-5.55%	16.05%	8.64	2.83	11.02%	-11.37%
ASRV	40.3M	60.9M	-4.84%	-16.90%	-12.04	0.66	24.06%	-144.92%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	4.3%	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	22.00
EBITDA Margin	-11.1%	0.83*	0.94*	1.08*	1.24*	1.33*	1.26*	1.23*	1.21*	1.20*	1.28*	1.24*	1.21*	-	-	-	-	-	-	-	-	-
Interest Expenses	-1.3%	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	18.00
Income Taxes	0.9%	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	1.00
Earnings Before Taxes	25.0%	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	6.00
EBT Margin	-17.3%	0.19*	0.23*	0.29*	0.38*	0.41*	0.32*	0.30*	0.29*	0.29*	0.38*	0.35*	0.34*	-	-	-	-	-	-	-	-	-
Net Income	31.0%	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	5.00
Net Income Margin	-16.3%	0.16*	0.19*	0.24*	0.31*	0.33*	0.26*	0.24*	0.24*	0.24*	0.31*	0.29*	0.28*	-	-	-	-	-	-	-	-	-
Free Cashflow	32.6%	15.00	12.00	10.00	12.00	18.00	17.00	12.00	10.00	24.00	12.00	14.00	13.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.4%	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	2,078
Net PPE	-5.0%	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	25.00
Goodwill	-2.1%	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	63.00
Liabilities	1.3%	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	1,855
Short Term Borrowings	73.8%	242	139	112	88.00	103	-	-	-	-	-	197	308	126	204	204	-	-	12.00	13.00	35.00	43.00
Shareholder's Equity	2.6%	542	529	526	511	512	499	496	494	490	349	342	264	256	248	243	240	238	235	231	227	224
Retained Earnings	6.4%	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	40.00
Additional Paid-In Capital	0.1%	406	405	405	387	387	386	386	386	385	247	247	179	179	179	178	178	178	178	178	178	178
Shares Outstanding	0.0%	17.00	17.00	17.00	16.00	16.00	16.00	16.00	16.00	11.00	11.00	11.00	8.00	-	-	-	-	-	-	-	-	-
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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	23.9%	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	4,693
Share Based Compensation	-6.7%	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	4.4%	-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	-56,851
Cashflow From Financing	-45.0%	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	30,138
Dividend Payments	0.2%	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	1,267
Buy Backs	-	296	-	-	-	-	-	-	-	-	-	-	128	2.00	233	-	-	-	-	-	-	-

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MPB Income Statement

2023-12-31

Consolidated Statement of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statement of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
INTEREST INCOME
Loans, including fees	$ 218,060	$ 150,256	$ 118,776
Investment securities:
Taxable	16,005	11,952	2,602
Tax-exempt	1,540	1,497	1,122
Other interest-bearing balances	361	69	13
Federal funds sold	373	1,826	809
Total Interest Income	236,339	165,600	123,322
INTEREST EXPENSE
Deposits	79,295	14,144	11,327
Short-term borrowings	7,087	441	539
Long-term and subordinated debt	2,984	3,182	2,888
Total Interest Expense	89,366	17,767	14,754
Net Interest Income	146,973	147,833	108,568
Provision for credit losses - loans	3,295	4,300	2,945
Net Interest Income After Provision for Credit Losses - Loans	143,678	143,533	105,623
NONINTEREST INCOME
Net gain on sales of SBA loans	571	262	969
Earnings from cash surrender value of life insurance	1,112	1,013	358
Net gain on sales of investment activities	0	0	79
Other	5,627	7,793	3,576
Noninterest Income	20,008	23,657	21,533
NONINTEREST EXPENSE
Salaries and employee benefits	59,345	52,601	41,711
Software licensing and utilization	7,927	7,524	6,332
Occupancy, net	7,349	6,900	5,527
Equipment	5,121	4,493	3,101
Shares tax	2,713	2,786	800
Legal and professional fees	2,945	2,761	1,979
ATM/card processing	2,108	2,139	1,053
Intangible amortization	1,780	2,012	1,180
FDIC Assessment	3,500	1,594	1,888
Gain on sale of foreclosed assets, net	(144)	(133)	(25)
Merger and acquisition	5,544	294	3,067
Post-acquisition restructuring	2,952	329	9,880
Other	17,852	16,543	14,612
Total Noninterest Expense	118,992	99,843	91,105
INCOME BEFORE PROVISION FOR INCOME TAXES	44,694	67,347	36,051
Provision for income taxes	7,297	12,541	6,732
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS	$ 37,397	$ 54,806	$ 29,319
PER COMMON SHARE DATA:
Basic Earnings Per Common Share (in dollars per share)	$ 2.29	$ 3.44	$ 2.71
Diluted earnings per common share (in dollars per share)	$ 2.29	$ 3.44	$ 2.71
Weighted average shares outstanding (basic) (in shares)	16,319,006	15,912,877	10,806,009
Weighted average shares outstanding (diluted) (in shares)	16,350,963	15,934,635	10,819,579
Fiduciary and wealth management
NONINTEREST INCOME
Non-interest Income	$ 5,059	$ 5,071	$ 2,494
ATM debit card interchange
NONINTEREST INCOME
Non-interest Income	4,019	4,362	2,688
Service charges on deposits
NONINTEREST INCOME
Non-interest Income	1,943	2,078	991
Mortgage banking
NONINTEREST INCOME
Non-interest Income	1,353	1,607	10,314
Mortgage hedging
NONINTEREST INCOME
Non-interest Income	$ 324	$ 1,471	$ 64

MPB Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS
Cash and due from banks	$ 45,435	$ 53,368
Interest-bearing balances with other financial institutions	34,668	4,405
Federal funds sold	16,660	3,108
Total cash and cash equivalents	96,763	60,881
Investment securities:
Held to maturity, at amortized cost	399,128	399,494
AFS, at fair value	223,555	237,878
Equity securities available for sale, at fair value	438	430
Loans held for sale, at fair value	3,855	2,475
Loans, net of unearned interest	4,252,792	3,514,119
Less: ACL - Loans	(34,187)	(18,957)
Net loans	4,218,605	3,495,162
Premises and equipment, net	36,909	34,471
Operating lease right of use asset	8,953	8,798
Finance lease right of use asset	2,727	2,907
Cash surrender value of life insurance	54,497	50,674
Restricted investment in bank stocks	16,768	8,315
Accrued interest receivable	25,820	18,405
Deferred income taxes	24,146	13,674
Goodwill	127,031	114,231
Core deposit and other intangibles, net	6,479	7,260
Foreclosed assets held for sale	293	43
Other assets	44,825	42,856
Total Assets	5,290,792	4,497,954
Deposits:
Noninterest-bearing demand	801,312	793,939
Interest-bearing demand deposits	2,086,450	2,325,847
Time	1,458,450	658,545
Total Deposits	4,346,212	3,778,331
Short-term borrowings	241,532	102,647
Long-term debt	59,003	4,409
Subordinated debt and trust preferred securities	46,354	56,941
Operating lease liability	9,285	9,725
Accrued interest payable	14,257	2,303
Other liabilities	31,799	31,499
Total Liabilities	4,748,442	3,985,855
Shareholders' Equity:
Common stock, par value $1.00 per share; 40,000,000 shares authorized; 16,998,929 issued at December 31, 2023 and 16,094,486 at December 31, 2022; 16,573,707 outstanding at December 31, 2023 and 15,886,143 at December 31, 2022	16,999	16,094
Additional paid-in capital	405,725	386,987
Retained earnings	145,982	133,114
Accumulated other comprehensive loss	(16,637)	(19,216)
Treasury Stock, at cost; 425,222 and 208,343 shares at December 31, 2023 and December 31, 2022	(9,719)	(4,880)
Total Shareholders’ Equity	542,350	512,099
Total Liabilities and Shareholders' Equity	$ 5,290,792	$ 4,497,954

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 Tue May 07 2024, market cap of Mid Penn Bancorp Inc is 351.2 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 Tue May 07 2024, MPB's PE ratio (Price to Earnings) is 9.39 and Price to Sales (PS) ratio is 1.49. 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 0.057 (multiply by 100 for percentage) rate of return.