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mbp - $mbp STOCK NEWS

Welcome to our dedicated page for mbp news (Ticker: $mbp), a resource for investors and traders seeking the latest updates and insights on mbp stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect mbp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of mbp's position in the market.

Rhea-AI Summary
Mid Penn Bancorp, Inc. (NASDAQ: MPB) reported strong first-quarter earnings, beating analyst estimates with net income of $12.1 million and $0.73 per diluted common share. The company saw significant loan and deposit growth, with organic loan growth of $381.6 million and organic deposit growth of $219.6 million. Net income available to common shareholders increased by 8.07% compared to the first quarter of 2023. Tangible book value per common share also rose to $25.23. The Board declared a cash dividend of $0.20 per share, marking the 54th consecutive quarterly dividend payout.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.74%
Tags
dividends earnings
-
Rhea-AI Summary
Mid Penn Bank, a subsidiary of Mid Penn Bancorp, Inc. (NASDAQ: MPB), has promoted Scott Micklewright to president of the commercial and consumer bank and chief revenue officer. Micklewright will oversee all aspects of commercial and consumer banking, including loan and deposit activity, cash management, and credit card revenue.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
Tags
none
mbp

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