Earnings summaries and quarterly performance for MID PENN BANCORP.
Executive leadership at MID PENN BANCORP.
Rory G. Ritrievi
Detailed
Chief Executive Officer
CEO
HR
Heather R. Hall
Detailed
Chief Lending Officer
JE
Joan E. Dickinson
Detailed
Chief Retail Officer
JD
Jordan D. Space
Detailed
Chief Operating Officer
JL
Joseph L. Paese
Detailed
Director of Trust and Wealth Management
JT
Justin T. Webb
Detailed
Chief Financial Officer
SW
Scott W. Micklewright
Detailed
Chief Revenue Officer
Board of directors at MID PENN BANCORP.
AJ
Albert J. Evans
Detailed
Director
BA
Brian A. Hudson, Sr.
Detailed
Director
BA
Bruce A. Kiefer
Detailed
Director
JL
Joel L. Frank
Detailed
Director
JE
John E. Noone
Detailed
Lead Independent Director
KJ
Kimberly J. Brumbaugh
Detailed
Director
MG
Matthew G. DeSoto
Detailed
Director
MM
Maureen M. Gathagan
Detailed
Director
RA
Robert A. Abel
Detailed
Director
TW
Theodore W. Mowery
Detailed
Director
WA
William A. Specht, III
Detailed
Director
Research analysts covering MID PENN BANCORP.
Recent press releases and 8-K filings for MPB.
Mid Penn Bancorp Completes Acquisition of 1st Colonial Bancorp
MPB
M&A
Board Change
- Mid Penn Bancorp, Inc. completed its acquisition of 1st Colonial Bancorp, Inc. on February 27, 2026.
- The cash-and-stock transaction was valued at approximately $106.1 million.
- This acquisition expands Mid Penn's footprint into the greater Philadelphia metropolitan area and southern New Jersey, bringing the combined company's consolidated assets to approximately $7 billion.
- Thomas R. Brugger, a former director of 1st Colonial, was appointed to Mid Penn's board of directors.
1 day ago
Mid Penn Bancorp Completes Acquisition of 1st Colonial Bancorp
MPB
M&A
Board Change
- Mid Penn Bancorp, Inc. (MPB) completed its acquisition of 1st Colonial Bancorp, Inc. on February 27, 2026.
- The cash-and-stock transaction was valued at approximately $106.1 million.
- The merger results in consolidated assets of approximately $7 billion for the combined company.
- Mid Penn issued approximately 2,111,076 shares of common stock and paid approximately $37.5 million in cash to 1st Colonial shareholders.
- Thomas R. Brugger, a former director of 1st Colonial, was appointed to Mid Penn's Board of Directors and will serve on the Audit and Risk Committees.
1 day ago
Mid Penn Bancorp Merger with 1st Colonial Bancorp Approved by Shareholders
MPB
M&A
Proxy Vote Outcomes
- 1st Colonial Bancorp, Inc. shareholders overwhelmingly approved Mid Penn Bancorp, Inc.'s proposed acquisition at a special meeting held on February 11, 2026.
- Over 99% of 1st Colonial shares voted in favor of the merger proposal.
- The merger is expected to extend Mid Penn's footprint into the Greater Philadelphia area and expand its presence in Southeastern Pennsylvania and Southern New Jersey.
- Following completion of the merger, Mid Penn is expected to have approximately $7.5 billion in assets as of March 31, 2026 on a pro forma basis.
Feb 11, 2026, 10:16 PM
Mid Penn Bancorp Announces 1st Colonial Shareholder Approval for Merger
MPB
M&A
Proxy Vote Outcomes
- 1st Colonial Bancorp, Inc. shareholders overwhelmingly approved the merger with Mid Penn Bancorp, Inc. at a special meeting held on February 11, 2026.
- Over 99% of 1st Colonial shares voted in favor of the merger proposal.
- The merger is expected to extend Mid Penn's footprint into the Greater Philadelphia area and expand its presence in Southeastern Pennsylvania and Southern New Jersey.
- Following the completion of the merger, Mid Penn is projected to have approximately $7.5 billion in assets as of March 31, 2026.
Feb 11, 2026, 9:46 PM
Mid Penn Bancorp and 1st Colonial Bancorp Receive Regulatory Approvals for Merger
MPB
M&A
- Mid Penn Bancorp, Inc. and 1st Colonial Bancorp, Inc. have received all required regulatory approvals to complete their previously announced merger.
- The transaction is a cash and stock transaction valued at approximately $101 million.
- The companies intend to close the merger in the first quarter of 2026, pending approval from 1st Colonial shareholders and other customary closing conditions.
- Following the merger, Mid Penn is expected to have approximately $7.5 billion in assets on a pro forma basis as of March 31, 2026.
- A special virtual meeting for 1st Colonial shareholders to vote on the transaction is scheduled for February 11, 2026.
Feb 6, 2026, 9:28 PM
Mid Penn Bancorp and 1st Colonial Bancorp Receive Regulatory Approvals for Merger
MPB
M&A
New Projects/Investments
- Mid Penn Bancorp, Inc. and 1st Colonial Bancorp, Inc. have received all required regulatory approvals for their previously announced merger.
- The transaction is a cash and stock deal valued at approximately $101 million.
- The merger is expected to close in the first quarter of 2026, pending 1st Colonial shareholder approval, with the vote scheduled for February 11, 2026.
- Following the merger, Mid Penn is projected to have approximately $7.5 billion in assets as of March 31, 2026, expanding its footprint in the greater Philadelphia metropolitan area, southeastern Pennsylvania, and southern New Jersey.
Feb 6, 2026, 9:26 PM
Mid Penn Bancorp Reports Q4 and Full Year 2025 Earnings, Declares Dividends, and Completes Acquisition
MPB
Earnings
Dividends
M&A
- Mid Penn Bancorp, Inc. reported net income available to common shareholders of $19.4 million ($0.84 per basic share) for the fourth quarter of 2025 and $56.2 million ($2.59 per basic share) for the full year 2025.
- The company declared a cash dividend of $0.22 per common share and a special dividend of $0.05 per common share, both payable February 17, 2026.
- The net interest margin increased to 3.79% for Q4 2025, up from 3.60% in Q3 2025, and the core efficiency ratio improved to 55.26% in Q4 2025 from 58.80% in Q3 2025.
- Total loans grew 9.4% to $4.9 billion and total deposits increased 11.2% to $5.2 billion at December 31, 2025, compared to December 31, 2024.
- Mid Penn completed the acquisition of Cumberland Advisors, Inc., an investment advisory firm with approximately $3.2 billion in assets under management as of December 31, 2025, on January 1, 2026.
Jan 21, 2026, 10:20 PM
Mid Penn Bancorp Reports Fourth Quarter and Full Year 2025 Earnings
MPB
Earnings
Dividends
Revenue Acceleration/Inflection
- Mid Penn Bancorp, Inc. reported net income available to common shareholders of $19.4 million for the fourth quarter of 2025, or $0.84 per basic and $0.83 per diluted common share, exceeding the consensus analyst estimate of $0.84 per basic common share. For the full year 2025, net income was $56.2 million, or $2.59 per basic and $2.55 per diluted common share.
- The net interest margin increased to 3.79% for the fourth quarter of 2025, up from 3.60% in the third quarter of 2025 and 3.21% in the fourth quarter of 2024. The core efficiency ratio improved to 55.26% in the fourth quarter of 2025, compared to 58.80% in the third quarter of 2025 and 63.94% in the fourth quarter of 2024.
- Total loans increased 9.4% to $4.9 billion at December 31, 2025, compared to $4.4 billion at December 31, 2024. Total deposits increased 11.2% to $5.2 billion at December 31, 2025, compared to $4.7 billion at December 31, 2024.
- The company declared a cash dividend of $0.22 per common share and a special dividend of $0.05 per common share, both payable February 17, 2026.
Jan 21, 2026, 9:29 PM
Mid Penn Bancorp Completes Acquisition of Cumberland Advisors
MPB
M&A
New Projects/Investments
- Mid Penn Bancorp, Inc. (NASDAQ: MPB) completed its acquisition of Cumberland Advisors, Inc. on January 1, 2026.
- Cumberland Advisors, Inc. is a Sarasota, FL-based registered investment advisory firm.
- As of December 31, 2025, Cumberland Advisors had approximately $3.2 billion in assets under management.
- Cumberland has been merged into Mid Penn Bank's wealth management division.
Jan 5, 2026, 3:38 PM
Mid Penn Bancorp, Inc. completes acquisition of Cumberland Advisors, Inc.
MPB
M&A
- Mid Penn Bancorp, Inc. completed its acquisition of Sarasota, FL-based Cumberland Advisors, Inc. on January 1, 2026.
- Cumberland Advisors, Inc. had approximately $3.2 billion in assets under management as of December 31, 2025.
- In connection with the acquisition, Mid Penn will pay Cumberland Advisors shareholders approximately $1,650,000 in cash and issue approximately 127,020 shares of Mid Penn Common Stock.
- The acquisition agreement also includes a potential cash payment of up to an additional $1,000,000 through an earn-out provision and the issuance of stock appreciation rights (SARs) with a maximum aggregate value of $1,200,000.
Jan 5, 2026, 2:03 PM
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