Mid Penn Bancorp Inc reports results for the quarter ended September 30 - Earnings Summary
Mid Penn Bancorp Inc reports results for the quarter ended September 30 - Earnings Summary
Mid Penn Bancorp Inc MPB.OQ reported quarterly adjusted earnings of 88 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 79 cents. The mean expectation of four analysts for the quarter was for earnings of 89 cents per share. Wall Street expected results to range from 85 cents to 92 cents per share.
Revenue rose 23.3% to $76.24 million from a year ago; analysts expected $77.80 million.
Mid Penn Bancorp Inc's reported EPS for the quarter was 84 cents.
The company reported quarterly net income of $21.63 million.
Mid Penn Bancorp Inc shares had risen by 3.1% this quarter and gained 17.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 5.5% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 $41.50, about 12.4% above its last closing price of $36.35
This summary was machine generated from LSEG data October 22 at 01:46 a.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 |
Sep. 30 2026 | 0.89 | 0.88 | 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 |
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