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Mid Penn Bancorp, Inc. - MPB STOCK NEWS

Welcome to our dedicated news page for Mid Penn Bancorp (Ticker: MPB), a resource for investors and traders seeking the latest updates and insights on Mid Penn Bancorp.

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 Mid Penn Bancorp'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 Mid Penn Bancorp's position in the market.

Rhea-AI Summary
Mid Penn Bancorp, Inc. reported a 31.0% increase in net income available to common shareholders for the fourth quarter of 2023, with a return on average assets of 0.92% and return on average equity of 8.93%. Loan growth was $107.1 million, totaling $738.7 million for the year. Total interest income increased by 4.26%, while deposits decreased by $35.4 million. Noninterest income totaled $5.1 million, and noninterest expense decreased by $2.4 million. Shareholders' equity increased by 6.15%, and Mid Penn declared a cash dividend of $0.20 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.31%
Tags
dividends earnings
-
Rhea-AI Summary
Mid Penn Bank, a subsidiary of Mid Penn Bancorp, Inc. (NASDAQ: MPB), has promoted Jordan D. Space to president of the private bank and chief operating officer. Space will oversee loan and deposit operations, credit functions, and noninterest income growth. With over 15 years of experience, Space aims to drive the organization's revenue and operational excellence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
Tags
none
-
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
Rhea-AI Summary
Mid Penn Bancorp, Inc. (NASDAQ: MPB) appoints Justin T. Webb as chief financial officer, effective January 8, 2024. Webb brings over two decades of experience in the financial services industry and will oversee all aspects of Mid Penn's financial strategy and performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
Tags
management
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Rhea-AI Summary
Mid Penn Bancorp reports Q3 2023 earnings of $9.2 million, with organic loan and deposit growth. Net interest income decreases, noninterest expense decreases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.74%
Tags
dividends earnings
-
Rhea-AI Summary
Mid Penn Bancorp reports Q2 2023 earnings of $4.8 million, completes acquisition of Brunswick Bancorp, and announces quarterly cash dividend of $0.20 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
Tags
dividends earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.41%
Tags
management
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.41%
Tags
management
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.85%
Tags
acquisition
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends earnings
Mid Penn Bancorp, Inc.

Nasdaq:MPB

MPB Rankings

MPB Stock Data

334.13M
15.57M
11.57%
44.47%
0.36%
Commercial Banking
Finance and Insurance
Link
US
Millersburg

About MPB

mid penn bank, subsidiary of mid penn bancorp, inc. (nasdaq: mpb), has been serving central pennsylvania since 1868. headquartered in millersburg, pa., mid penn bank has retail locations throughout cumberland, dauphin, lancaster, luzerne, northumberland and schuylkill counties. mid penn is a full-service financial institution offering deposit products, mortgage and home equity loans, lines of credit, commercial financing, cash management services and more. as a community bank, mid penn is a proud contributor to many nonprofit organizations that support the central pennsylvania region. visit midpennbank.com to learn more.