Mid Penn Bancorp Inc reports results for the quarter ended June 30 - Earnings Summary
Mid Penn Bancorp Inc reports results for the quarter ended June 30 - Earnings Summary
Mid Penn Bancorp Inc MPB.OQ reported quarterly adjusted earnings of 87 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of three analysts for the quarter was for earnings of 79 cents per share. Wall Street expected results to range from 74 cents to 82 cents per share.
Revenue rose 38.6% to $75.34 million from a year ago; analysts expected $73.28 million.
Mid Penn Bancorp Inc's reported EPS for the quarter was 85 cents.
The company reported quarterly net income of $21.69 million.
Mid Penn Bancorp Inc shares had risen by 1.2% this quarter and gained 13.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 10.3% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
Wall Street's median 12-month price target for Mid Penn Bancorp Inc is $37.00, about 5.7% above its last closing price of $34.89
This summary was machine generated from LSEG data July 22 at 09:18 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.79 | 0.87 | Beat |
Mar. 31 2026 | 0.79 | 0.39 | Missed |
Dec. 31 2025 | 0.84 | 0.83 | Missed |
Sep. 30 2025 | 0.59 | 0.79 | Beat |
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