NASDAQ : MPB
Mid Penn Bancorp, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 34.28 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 868.74M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 330.97M | 292.18M | 265.52M | 218.06M | 150.26M | 118.78M |
| Interest Income on Investments | 32.37M | 31.59M | 21.06M | 18.28M | 15.34M | 4.55M |
| Total Interest Income | 363.34M | 323.77M | 286.58M | 236.34M | 165.60M | 123.32M |
| Interest Paid on Deposits | 120.43M | 121.81M | 116.32M | 79.30M | 14.14M | 11.33M |
| Interest Paid on Borrowings | 2.99M | 2.87M | 13.59M | 10.07M | 3.62M | 3.43M |
| Total Interest Expense | 123.42M | 124.67M | 129.91M | 89.37M | 17.77M | 14.75M |
| Net Interest Income | 239.92M | 199.09M | 156.67M | 146.97M | 147.83M | 108.57M |
| Trust Income | 12.87M | 5.30M | 4.68M | 5.06M | 5.07M | 2.49M |
| Mortgage Banking Activities | 3.14M | 2.83M | 2.48M | 1.35M | 1.61M | 10.31M |
| Gain (Loss) on Sale of Investments | 10.00K | 10.00K | 79.00K | |||
| Other Non-Interest Income | 18.38M | 15.79M | 12.81M | 11.08M | 14.64M | 6.69M |
| Total Non-Interest Income | 37.31M | 26.65M | 22.49M | 20.01M | 23.66M | 21.53M |
| Revenues Before Loan Losses | 277.23M | 225.75M | 179.16M | 166.98M | 171.49M | 130.10M |
| Provision for Loan Losses | -278.00K | 1.30M | 1.52M | 3.70M | 4.30M | 2.94M |
| Revenue | 277.51M | 224.45M | 177.65M | 163.28M | 167.19M | 127.16M |
| Salaries and Employee Benefits | 97.68M | 76.03M | 63.05M | 58.24M | 51.46M | 41.02M |
| Occupancy Expenses | 8.40M | 6.58M | 5.25M | 5.27M | 4.84M | 3.50M |
| Federal Deposit Insurance | 3.29M | 3.45M | 4.17M | 3.50M | 1.59M | 1.89M |
| Amortization of Goodwill & Intangibles | 5.76M | 3.05M | 1.78M | 1.78M | 2.01M | 1.18M |
| Selling, General & Administrative | 30.49M | 26.80M | 21.90M | 19.18M | 17.98M | 14.14M |
| Other Non-Interest Expense | 29.30M | 24.20M | 20.83M | 22.27M | 21.47M | 16.46M |
| Total Non-Interest Expense | 176.06M | 140.75M | 117.07M | 110.09M | 99.22M | 78.16M |
| EBT Excluding Unusual Items | 101.45M | 83.70M | 60.58M | 53.19M | 67.97M | 49.00M |
| Other Unusual Items | -85.00K | 192.00K | ||||
| Pretax Income | 93.54M | 72.37M | 60.03M | 44.69M | 67.35M | 36.05M |
| Income Tax Expense | 22.07M | 16.12M | 10.60M | 7.30M | 12.54M | 6.73M |
| Net Income | 71.47M | 56.25M | 49.44M | 37.40M | 54.81M | 29.32M |
| Net Income to Common | 71.47M | 56.25M | 49.44M | 37.40M | 54.81M | 29.32M |
| Basic Shares Outstanding | 24.42M | 21.76M | 17.03M | 16.32M | 15.91M | 10.81M |
| Diluted Shares Outstanding | 24.74M | 22.02M | 17.07M | 16.35M | 15.93M | 10.82M |
| EPS (Basic) | 2.93 | 2.59 | 2.90 | 2.29 | 3.44 | 2.71 |
| EPS (Diluted) | 2.88 | 2.55 | 2.90 | 2.29 | 3.44 | 2.71 |
| Dividend Per Share | 0.90 | 0.84 | 0.80 | 0.80 | 0.80 | 0.80 |
| Effective Tax Rate | 23.59% | 22.28% | 17.65% | 16.33% | 18.62% | 18.67% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 169.11M | 98.92M | 70.56M | 96.76M | 60.88M | 912.15M |
| Investment Securities | 370.86M | 397.83M | 419.31M | 431.13M | 425.44M | 288.08M |
| Trading Asset Securities | 9.01M | 13.71M | 11.94M | 11.70M | 155.00K | |
| Mortgage-Backed Securities | 470.76M | 385.81M | 240.54M | 196.50M | 217.62M | 110.64M |
| Total Investments | 841.61M | 792.65M | 673.56M | 639.58M | 654.76M | 398.88M |
| Gross Loans | 5.64B | 4.86B | 4.44B | 4.25B | 3.51B | 3.10B |
| Allowance for Loan Losses | -40.24M | -36.09M | -35.51M | -34.19M | -18.96M | -14.60M |
| Net Loans | 5.60B | 4.83B | 4.41B | 4.22B | 3.50B | 3.09B |
| Property, Plant & Equipment | 64.30M | 66.28M | 49.05M | 48.59M | 46.18M | 45.37M |
| Goodwill | 157.12M | 136.62M | 128.16M | 127.03M | 114.23M | 113.83M |
| Other Intangible Assets | 29.46M | 14.66M | 6.24M | 6.48M | 7.26M | 9.44M |
| Loans Held for Sale | 20.21M | 3.67M | 7.06M | 3.85M | 2.48M | 11.51M |
| Accrued Interest Receivable | 34.62M | 55.34M | 26.85M | 25.82M | 18.41M | 11.33M |
| Restricted Cash | 1.60M | |||||
| Other Current Assets | 475.00K | 702.00K | 974.00K | 1.30M | 3.91M | |
| Long-Term Deferred Tax Assets | 27.42M | 21.42M | 22.75M | 24.15M | 13.67M | 10.78M |
| Other Real Estate Owned & Foreclosed | 10.32M | 7.81M | 44.00K | 293.00K | 43.00K | |
| Other Long-Term Assets | 189.59M | 109.32M | 78.40M | 98.66M | 83.58M | 80.83M |
| Total Assets | 7.14B | 6.13B | 5.47B | 5.29B | 4.50B | 4.69B |
| Interest Bearing Deposits | 5.17B | 4.00B | 3.93B | 3.54B | 2.98B | 3.15B |
| Institutional Deposits | 377.96M | |||||
| Non-Interest Bearing Deposits | 923.27M | 834.01M | 759.17M | 801.31M | 793.94M | 850.44M |
| Total Deposits | 6.10B | 5.21B | 4.69B | 4.35B | 3.78B | 4.00B |
| Short-Term Borrowings | 68.00M | 29.63M | 13.12M | 287.02M | 114.34M | |
| Current Portion of Long-Term Debt | 20.21M | 70.00M | ||||
| Current Portion of Leases | 4.33M | |||||
| Accrued Interest Payable | 13.03M | 10.94M | 13.48M | 14.26M | 2.30M | 1.79M |
| Long-Term Debt | 2.81M | 45.74M | 46.35M | 56.94M | 74.27M | |
| Federal Home Loan Bank Debt, Long-Term | 10.00K | 20.54M | 20.81M | 1.12M | 7.89M | |
| Long-Term Leases | 15.37M | 13.99M | 11.15M | 12.48M | 13.02M | 14.74M |
| Pension & Post-Retirement Benefits | 1.60M | 1.20M | 1.58M | 1.60M | 1.59M | |
| Other Long-Term Liabilities | 43.11M | 24.46M | 20.76M | 19.74M | 18.21M | 27.04M |
| Total Liabilities | 6.24B | 5.32B | 4.82B | 4.75B | 3.99B | 4.20B |
| Common Stock | 25.95M | 23.57M | 19.80M | 17.00M | 16.09M | 16.06M |
| Additional Paid-In Capital | 663.37M | 589.42M | 480.49M | 405.73M | 386.99M | 384.74M |
| Retained Earnings | 254.02M | 219.69M | 181.60M | 145.98M | 133.11M | 91.04M |
| Treasury Stock | -15.00M | -12.29M | -10.04M | -9.72M | -4.88M | -1.92M |
| Comprehensive Income & Other | -25.69M | -6.32M | -16.82M | -16.64M | -19.22M | 158.00K |
| Shareholders' Equity | 902.64M | 814.06M | 655.02M | 542.35M | 512.10M | 490.08M |
| Total Liabilities & Equity | 7.14B | 6.13B | 5.47B | 5.29B | 4.50B | 4.69B |
| Total Debt | 86.17M | 68.17M | 90.55M | 366.66M | 185.42M | 166.91M |
| Net Cash (Debt) | 82.93M | 39.75M | -6.28M | -257.95M | -112.83M | 745.40M |
| Net Cash Per Share | 3.35 | 1.81 | -0.37 | -15.78 | -7.08 | 68.89 |
| Filing Date Shares Outstanding | 25.34M | 23.05M | 19.36M | 16.57M | 15.89M | 15.96M |
| Total Common Shares Outstanding | 25.34M | 23.05M | 19.36M | 16.57M | 15.89M | 15.96M |
| Book Value Per Share | 35.62 | 35.32 | 33.84 | 32.72 | 32.24 | 30.71 |
| Tangible Book Value | 716.05M | 662.78M | 520.62M | 408.84M | 390.61M | 366.81M |
| Tangible Book Value Per Share | 28.26 | 28.76 | 26.90 | 24.67 | 24.59 | 22.99 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 56.25M | 49.44M | 37.40M | 54.81M | 29.32M | |
| Depreciation & Amortization | 8.08M | 6.83M | 6.86M | 6.47M | 4.68M | |
| Gain (Loss) on Sale of Assets | 595.00K | 70.00K | -144.00K | 805.00K | -130.00K | |
| Gain (Loss) on Sale of Investments | 330.00K | 397.00K | 472.00K | 799.00K | 557.00K | |
| Total Asset Writedown | 705.00K | |||||
| Provision for Credit Losses | 1.30M | 1.52M | 3.70M | 4.30M | 2.94M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 6.45M | -385.00K | -598.00K | 10.91M | 25.27M | |
| Accrued Interest Receivable | -523.00K | -1.03M | -6.24M | -7.08M | 3.56M | |
| Change in Other Net Operating Assets | -3.11M | -4.85M | 2.98M | -13.96M | 9.11M | |
| Other Operating Activities | 14.29M | 1.95M | -1.30M | 2.45M | 1.82M | |
| Operating Cash Flow | 80.03M | 51.39M | 52.34M | 59.99M | 65.90M | |
| Capital Expenditures | -8.23M | -6.92M | -2.77M | -4.25M | -3.50M | |
| Sale of Property, Plant and Equipment | 352.00K | 163.00K | 220.00K | 62.00K | ||
| Cash Acquisitions | 218.11M | -2.68M | 1.07M | -901.00K | 315.29M | |
| Investment in Securities | -104.40M | -22.44M | 24.26M | -270.12M | -258.73M | |
| Divestitures | -18.92M | |||||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -25.52M | -190.66M | -424.94M | -411.80M | 115.37M | |
| Other Investing Activities | 2.85M | 13.78M | -6.55M | 1.06M | 881.00K | |
| Investing Cash Flow | 83.17M | -208.74M | -408.93M | -704.71M | 169.37M | |
| Short-Term Debt Issued | 243.58M | 1.31B | 1.73B | 102.65M | ||
| Long-Term Debt Issued | 25.00M | |||||
| Total Debt Issued | 243.58M | 1.31B | 1.76B | 102.65M | ||
| Short-Term Debt Repaid | -224.75M | -1.55B | -1.59B | -125.62M | ||
| Long-Term Debt Repaid | -45.74M | -35.40M | -40.54M | -93.64M | -7.21M | |
| Total Debt Repaid | -270.49M | -1.58B | -1.63B | -93.64M | -132.83M | |
| Net Debt Issued (Repaid) | -26.91M | -274.93M | 123.34M | 9.01M | -132.83M | |
| Issuance of Common Stock | 7.50M | 76.52M | 482.00K | 364.00K | 75.14M | |
| Repurchase of Common Stock | -2.25M | -323.00K | -4.88M | -2.96M | -128.00K | |
| Common Dividends Paid | -18.16M | -13.82M | -12.98M | -12.73M | -8.87M | |
| Total Dividends Paid | -18.16M | -13.82M | -12.98M | -12.73M | -8.87M | |
| Net Increase (Decrease) in Deposit Accounts | -95.02M | 343.71M | 286.50M | -202.61M | 446.05M | |
| Other Financing Activities | 776.00K | -4.60M | ||||
| Financing Cash Flow | -134.85M | 131.16M | 392.47M | -208.15M | 374.76M | |
| Net Cash Flow | 28.35M | -26.20M | 35.88M | -852.87M | 610.03M | |
| Free Cash Flow | 71.80M | 44.47M | 49.57M | 55.74M | 62.40M | |
| Free Cash Flow Margin | 31.99% | 25.03% | 30.36% | 33.34% | 49.08% | |
| Free Cash Flow Per Share | 3.26 | 2.60 | 3.03 | 3.50 | 5.77 | |
| Cash Interest Paid | 127.22M | 130.69M | 77.41M | 17.25M | 14.97M | |
| Cash Income Tax Paid | 5.75M | 853.00K | 7.96M | 7.55M | 6.95M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 860.38M | 714.96M | 558.10M | 404.71M | 476.02M | 506.37M |
| Last Close Price | 33.95 | 30.39 | 27.46 | 22.36 | 26.65 | 27.46 |
| PE Ratio | 11.77 | 12.71 | 11.29 | 10.82 | 8.69 | 17.27 |
| PS Ratio | 3.10 | 3.19 | 3.14 | 2.48 | 2.85 | 3.98 |
| PB Ratio | 0.95 | 0.88 | 0.85 | 0.75 | 0.93 | 1.03 |
| P/FCF Ratio | 11.66 | 9.96 | 12.55 | 8.16 | 8.54 | 8.12 |
| P/OCF Ratio | 10.74 | 8.93 | 10.86 | 7.73 | 7.93 | 7.68 |
| Debt / Equity Ratio | 0.10 | 0.08 | 0.14 | 0.68 | 0.36 | 0.34 |
| Debt / FCF Ratio | 0.95 | 2.04 | 7.40 | 3.33 | 2.67 | |
| Net Debt / Equity Ratio | -0.09 | -0.05 | 0.01 | 0.48 | 0.22 | -1.52 |
| Net Debt / FCF Ratio | -0.55 | 0.14 | 5.20 | 2.02 | -11.95 | |
| Return on Equity (ROE) | 8.41% | 7.66% | 8.26% | 7.09% | 10.94% | 7.86% |
| Return on Assets (ROA) | 1.07% | 0.97% | 0.92% | 0.76% | 1.19% | 0.76% |
| Earnings Yield | 8.49% | 7.87% | 8.86% | 9.24% | 11.51% | 5.79% |
| FCF Yield | 8.58% | 10.04% | 7.97% | 12.25% | 11.71% | 12.32% |
| Dividend Yield | 2.71% | 2.71% | 2.77% | 3.28% | 2.67% | 2.52% |
| Payout Ratio | 32.94% | 32.29% | 27.96% | 34.71% | 23.24% | 30.26% |
| Buyback Yield / Dilution | -18.89% | -29.01% | -4.40% | -2.61% | -47.28% | -28.15% |
| Total Shareholder Return | -16.18% | -26.30% | -1.63% | 0.66% | -44.61% | -25.63% |