Mid Penn Bancorp's Q3 net income surges as NIM expands

Mid Penn Bancorp

22/10/2025 22:29

Overview

Mid Penn Bancorp Q3 net income rises 48.7% yr/yr

Company's net interest margin increased to 3.60%, driven by improved deposit costs and loan yields

Outlook

Company did not provide specific guidance for future quarters or full year in press release

Result Drivers

NET INTEREST MARGIN - Expansion to 3.60% driven by improved deposit costs and loan yields

LOAN BALANCES - Decline in organic loan portfolio due to elevated commercial real estate payoffs

DEPOSIT STRATEGY - Decrease in deposits due to planned exit from brokered CDs to lower funding costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.79
Q3 Net Income
$18.30 mln
Q3 Net Interest Income
$53.60 mln
Q3 Dividend
$0.22
Q3 Net Interest Margin
3.60%


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for Mid Penn Bancorp Inc is $34.00, about 18.7% above its October 21 closing price of $27.65

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBwbtKy7ha

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)