Mid Penn Bancorp Posts $0.84 Q3 EPS, Up 18.2% Year Over Year
MPB sits 32% above its 52-week low of $27.42.
Summary
Mid Penn earned $21.6M, or $0.85 per diluted share, in Q3 2026 — up 18.2% from a year ago but essentially flat versus the prior quarter. The company also declared its 64th consecutive quarterly dividend of $0.23, a show of confidence alongside the print. This lands right after the 8-K filed minutes earlier and follows a Q1 that was dragged down by M&A expenses and higher non-performing assets, so the year-over-year jump is a meaningful rebound off that base. At roughly $921M market cap, a $21.6M quarterly profit is substantial relative to the equity. The flat sequential trend is the caveat: growth stalled quarter to quarter even as the year-over-year comparison looks strong.
At the time of this announcement, MPB was trading at $36.30 on NASDAQ in the Finance sector, with a market capitalization of approximately $920.9M. The 52-week trading range was $27.42 to $39.15. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.