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Mid Penn Bancorp, Inc. Completes Acquisition of William Penn Bancorporation

1. Mid Penn Bancorp completed the acquisition of William Penn Bancorporation. 2. The all-stock deal, valued at $120 million, enhances Mid Penn's market position.

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+0.57%Current Return
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+2.38%S&P 500
$29.0505/01 09:06 AM EDTEvent Start
$29.21505/02 03:39 PM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition adds substantial value and expands Mid Penn's banking operations, which typically drives stock prices higher. Similar acquisitions in the past have led to positive stock performances when they enhance operational capabilities and market reach.

How important is it?

The acquisition is a significant strategic move that will likely influence investor perception and confidence in MPB. Given the value of the transaction and its potential for growth, it carries considerable weight for Mid Penn's future prospects.

Why Long Term?

While initial market reactions may be positive, the full benefits of the acquisition will materialize over time. Long-term synergies and revenue growth from the combined operations will take time to reflect on the stock’s performance.

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WMPN
HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB) today announced that its acquisition of William Penn Bancorporation (“William Penn”) was completed after the close of business on April 30, 2025. In connection with the holding company merger, William Penn's banking subsidiary, William Penn Bank, has been merged with and into Mid Penn's subsidiary bank, Mid Penn Bank. The all-stock transaction was valued at approximately $120 million and will extend Mid Penn's f.

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