Mid Penn Bancorp, Inc. (MPB)
Mid Penn Bancorp, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Harrisburg, PA, US. The stock last traded at $38.24, up 1.13% on the session, giving a market capitalisation of $969.1M. On trailing twelve-month figures it carries a trailing P/E of 12.92, a net margin of 18.4%. Its beta of 0.46 implies it has historically moved less than the broad market.
Mid Penn Bancorp, Inc. functions as the parent entity for Mid Penn Bank, offering a comprehensive suite of commercial banking services to a diverse client base, including individuals, business partnerships, non-profit organizations, and corporate entities. The institution provides an array of deposit options, such as checking, savings, specialized club accounts, money market accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). Its lending portfolio is extensive, encompassing residential mortgages and home equity lines, both secured and unsecured commercial and consumer loans, revolving lines of credit, construction project financing, agricultural loans, community development funding, and tailored loans for non-profit organizations and municipal governments. Additionally, the company offers modern banking conveniences like online and telephone banking, robust cash management solutions, and automated teller machine (ATM) services. Clients also have access to safe deposit boxes and benefit from professional trust and wealth management advisory. As of December 31, 2021, Mid Penn Bancorp maintained a network of sixty full-service retail banking branches across nineteen Pennsylvania counties: Berks, Blair, Bucks, Centre, Chester, Clearfield, Cumberland, Dauphin, Fayette, Huntingdon, Lancaster, Lehigh, Luzerne, Lycoming, Montgomery, Northumberland, Perry, Schuylkill, and Westmoreland. Established in 1868, the company's corporate headquarters are situated in Harrisburg, Pennsylvania.
Mid Penn Bancorp, Inc. is most often compared with the following Financial Services names: