Mid Penn Bancorp

Company Profile

Mid Penn Bancorp had its IPO on 1997-12-04 under the ticker symbol MPB.

The company operates in the Financial Services sector and Banks-Regional industry. Mid Penn Bancorp has a staff strength of 590 employees.

Stock update

Shares of Mid Penn Bancorp opened at $20.71 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $20.67 - $20.98, and closed at $20.76.

This is a +0.44% increase from the previous day's closing price.

A total volume of 80,298 shares were traded at the close of the day’s session.

In the last one week, shares of Mid Penn Bancorp have slipped by -8.59%.

Mid Penn Bancorp's Key Ratios

Mid Penn Bancorp has a market cap of $343.23 million, indicating a price to book ratio of 1.0027 and a price to sales ratio of 3.1171.

In the last 12-months Mid Penn Bancorp’s revenue was $168.98 million with a gross profit of $167.19 million and an EBITDA of $0. The EBITDA ratio measures Mid Penn Bancorp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Mid Penn Bancorp’s operating margin was 41.31% while its return on assets stood at 1.01% with a return of equity of 9.25%.

In Q2, Mid Penn Bancorp’s quarterly earnings growth was a negative -62.3% while revenue growth was a positive 4%.

Mid Penn Bancorp’s PE and PEG Ratio

Forward PE

0

Trailing PE

6.9966

PEG

0

Its diluted EPS in the last 12-months stands at $2.96 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Mid Penn Bancorp’s profitability.

Mid Penn Bancorp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.1171.

Mid Penn Bancorp stock pays annual dividends of $0.8 per share, indicating a yield of 3.82% and a payout ratio of 23.95%.

Balance sheet and cash flow metrics

Total Assets

$5.09 billion

Total Liabilities

$112.44 million

Operating Cash Flow

$-106310000.00

Capital Expenditure

$915000

Dividend Payout Ratio

23.95%

Mid Penn Bancorp ended 2024 with $5.09 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $5.09 billion while shareholder equity stood at $530.96 million.

Mid Penn Bancorp ended 2024 with $0 in deferred long-term liabilities, $112.44 million in other current liabilities, 16980000.00 in common stock, $131.27 million in retained earnings and $129.40 million in goodwill. Its cash balance stood at $89.24 million and cash and short-term investments were $76.34 million. The company’s total short-term debt was $112,442,000 while long-term debt stood at $104.91 million.

Mid Penn Bancorp’s total current assets stands at $95.97 million while long-term investments were $634.04 million and short-term investments were $229.21 million. Its net receivables were $19.63 million compared to accounts payable of $11.83 million and inventory worth $0.

In 2024, Mid Penn Bancorp's operating cash flow was $-106310000.00 while its capital expenditure stood at $915000.

Comparatively, Mid Penn Bancorp paid $0.24 in dividends in 2024.

Other key metrics

Current Trading Price

$20.76

52-Week High

$33.9138

52-Week Low

$17.9093

Analyst Target Price

$26.5

Mid Penn Bancorp stock is currently trading at $20.76 per share. It touched a 52-week high of $33.9138 and a 52-week low of $33.9138. Analysts tracking the stock have a 12-month average target price of $26.5.

Its 50-day moving average was $22.49 and 200-day moving average was $25.64 The short ratio stood at 1.22 indicating a short percent outstanding of 0%.

Around 1125.2% of the company’s stock are held by insiders while 4470.1% are held by institutions.