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Recent Updates — MPB

September 1, 2026View Source ↗

Mid Penn Bancorp appointed Gregory B. Braca as an independent director effective September 16, 2026. Braca brings over 40 years of experience, including tenure as former president and CEO of TD Bank, and serves on the Audit, Compensation, and Risk Committees. Concurrently, the Board adopted bylaw amendments to phase in the declassification of its board structure, transitioning from staggered three-year terms to annual elections beginning with the 2029 annual meeting. Mid Penn Bancorp operates as a full-service commercial bank.

August 6, 2026View Source ↗

Mid Penn Bancorp filed an amendment to disclose the material terms of a change in control agreement executed on July 31, 2026, for Dana R. Stewart upon his appointment as First Executive Vice President and Chief Operating Officer of Mid Penn Bank. The three-year agreement with automatic annual renewals includes a double-trigger severance benefit equal to 2.25 times Mr. Stewart's highest annual base salary over the preceding twelve months, payable only if employment is terminated without cause or for good reason following a change in control. Additionally, the agreement provides for twenty-seven months of continued health benefits or cash equivalent upon qualifying termination, subject to non-solicitation covenants. Mid Penn Bancorp operates as a bank holding company providing financial services through its wholly-owned subsidiary.

July 28, 2026View Source ↗

Mid Penn Bancorp, Inc. filed an investor presentation for use during the third quarter of 2026. The presentation highlights the company's financial performance for the quarter ended June 30, 2026, reporting net income of $21.7 million and core net income of $22.0 million. Key metrics include total assets of $7.1 billion, gross loans of $5.6 billion, and deposits of $6.0 billion. The company noted recent strategic acquisitions, including 1st Colonial Bancorp, Inc. and Cumberland Advisors. Mid Penn Bancorp, Inc. is a financial services company providing banking and trust services.

July 22, 2026View Source ↗

Mid Penn Bancorp, Inc. reported second quarter 2026 earnings with net income of $21.7 million, or $0.85 per diluted common share, exceeding consensus estimates. The company declared a quarterly cash dividend of $0.23 per common share, a 4.55% increase from the previous quarter. Mid Penn Bancorp, Inc. is a financial services company providing banking and wealth management services.