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Mid Penn Bancorp, Inc. Reports First Quarter Earnings and Declares 58th Consecutive Quarterly Dividend

1. Mid Penn Bancorp reported Q1 2025 earnings of $13.7 million, exceeding estimates. 2. Earnings per share at $0.71, slightly down from $0.73 in Q1 2024.

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$28.3804/24 11:36 PM EDTLatest Updated
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FAQ

Why Bullish?

The earnings beat consensus estimates, indicating strong company performance, historically correlating with positive stock trends for similar banks.

How important is it?

The earnings report is a direct indicator of MPB's operational health, influencing investor confidence and stock price.

Why Short Term?

Expect investor response and stock fluctuations shortly after earnings announcements, similar to past quarterly reports.

Related Companies

HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (NASDAQ: MPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income available to common shareholders ("earnings") for the quarter ended March 31, 2025, of $13.7 million, or $0.71 per diluted common share, compared to net income of $12.1 million, or $0.73 per diluted common share, for the first quarter of 2024, and a consensus analyst estimate of $0.63 per diluted common s.

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