MID PENN BANCORP INC MPB

Financials SIC 6022 - State Commercial Banks Nasdaq

Mid Penn Bancorp, Inc.

Mid Penn Bancorp, Inc. is a financial holding company incorporated in August 1991 in the Commonwealth of Pennsylvania. Mid Penn Bancorp, Inc. and its wholly owned bank and nonbank subsidiaries are collectively referred to herein as "Mid Penn" or the "Corporation." On December 31, 1991, Mid Penn acquired, as part of the holding company formation, all of the outstanding common stock of Mid Penn Bank, and the Bank became a wholly-owned subsidiary of Mid Penn.

In addition to Mid Penn Bank, Mid Penn maintains six wholly-owned nonbank subsidiaries: MPB Financial Services, LLC, that serves as the mid-tier holding company for MPB Risk Services, LLC, a licensed insurance producer, MPB Acquisition Sub I, LLC, which was formed in connection with the acquisition of Cumberland Advisors, LLC. See "Subsequent Events" for additional information; MPB Wealth Management, LLC, which ceased operating during the first quarter of 2024; MPB Launchpad Fund I, LLC, which was formed to hold certain financial holding company eligible investments; and MPB Realty Holding, LLC, which was formed for purposes of holding certain assets acquired for debts previously contracted. As of December 31, 2025, the accounts and activities of these nonbank subsidiaries were not material to warrant separate disclosure or segment reporting. Mid Penn's primary business is to supervise and coordinate the business of the Bank and its nonbank subsidiaries, and to provide them with the capital and resources to fulfill their respective missions.

Last close 37.40 2026-09-04
Market cap $947.5M 2026-06-30 share count
52-week range 26.56 - 39.15

Valuation FY2025 figures against the last close

P/S2.9x
P/E14.7x
P/FCF13.2x
EV/EBITDA
Dividend yield1.9%
Diluted EPS2.55

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $323.8M$286.6M$236.3M$165.6M$123.3M$107.9M$95.3M$68.7M$43.9M$40.2M
Interest expense $199.1M$156.7M$147.0M$147.8M$14.8M$19.7M$25.2M$12.7M$6.3M$5.4M
Pre-tax income $72.4M$60.0M$44.7M$67.3M$36.1M$31.3M$21.4M$12.7M$11.6M$10.1M
Income tax $16.1M$10.6M$7.3M$12.5M$6.7M$5.1M$3.7M$2.1M$4.5M$2.3M
Net income $56.2M$49.4M$37.4M$54.8M$29.3M$26.2M$17.7M$10.6M$7.1M$7.8M
EPS, basic 2.592.902.293.442.713.112.091.481.671.85
EPS, diluted 2.552.902.293.442.713.102.091.481.671.85
Shares, diluted (wtd. avg.) $22.0M$17.1M$16.4M$15.9M$10.8M$8.4M$8.5M$7.1M$4.3M$4.2M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $46.7M$37.0M$45.4M$53.4M$41.1M$31.3M$25.7M$24.6M$19.8M$13.5M
Property, plant and equipment $48.7M$38.8M$36.9M$34.5M$33.2M$24.9M$24.9M$25.3M$16.2M$11.1M
Goodwill $136.6M$128.2M$127.0M$114.2M$113.8M$62.8M$62.8M$62.8M$3.9M$3.9M
Other intangibles $14.7M$6.2M$6.5M$7.3M$9.4M$4.4M$5.8M$7.2M$434.0K$539.0K
Total assets $6.13B$5.47B$5.29B$4.50B$4.69B$3.00B$2.23B$2.08B$1.17B$1.03B
Short-term debt $20.8M$2.0M$241.5M$102.6M$0$125.6M$0$43.1M$34.6M
Total liabilities $5.32B$4.82B$4.75B$3.99B$4.20B$2.74B$1.99B$1.85B$1.09B$962.1M
Retained earnings $219.7M$181.6M$146.0M$133.1M$91.0M$70.2M$50.9M$39.6M$32.6M$28.4M
Total equity $814.1M$655.0M$542.4M$512.1M$490.1M$255.7M$237.9M$223.5M$75.7M$70.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $80.0M$51.4M$52.3M$60.0M$65.9M$14.1M$7.8M$11.0M$11.9M$21.8M
Depreciation and amortisation $4.9M$4.9M$4.9M$4.3M$3.3M$3.2M$2.8M$2.4M$1.5M$1.7M
Stock-based compensation $2.0M$1.0M$1.1M$1.1M$696.0K$414.0K
Capital expenditure $8.2M$6.9M$2.8M$4.2M$3.5M$3.7M$3.9M$9.0M$6.9M$775.0K
Investing cash flow $83.2M-$208.7M-$408.9M-$704.7M$169.4M-$588.9M-$27.0M$21.8M-$163.8M-$86.8M
Financing cash flow -$134.8M$131.2M$392.5M-$208.2M$374.8M$739.5M$118.1M-$16.3M$129.4M$97.6M
Dividends paid $18.2M$13.8M$13.0M$12.7M$8.9M$6.5M$6.7M$4.5M$2.2M$2.5M
Buybacks $2.2M$323.0K$4.9M$3.0M$128.0K$1.8M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000879635-26-000026.

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