Mid Penn Bancorp (MPB) Raises Quarterly Dividend 20% to $0.12; 3.1% Yield

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Mid Penn Bancorp, Inc. Reports Second Quarter Earnings Increase of 20% and Declares Dividend

July 22, 2015 3:20 PM EDT

MILLERSBURG, Pa., July 22, 2015 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. ("Mid Penn") (NASDAQ: MPB), the parent company of Mid Penn Bank, today reported net income available to common shareholders for the quarter ended June 30, 2015 of $1,952,000, or $0.46 per common share, a 20.6% increase over the same period in 2014. Net income available to common shareholders for the six months ended June 30, 2015 was $2,828,000, or $0.71 per common share, a 7.1% decrease from the same period in 2014. Excluding merger and acquisition expenses incurred in conjunction with the acquisition of Phoenix Bancorp, Inc. ("Phoenix"), and the corresponding tax impact, net income... More

Mid Penn Bancorp, Inc. Reports Second Quarter Earnings Increase of 20% and Declares Dividend

July 22, 2015 3:20 PM EDT

MILLERSBURG, Pa., July 22, 2015 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. ("Mid Penn") (NASDAQ: MPB), the parent company of Mid Penn Bank, today reported net income available to common shareholders for the quarter ended June 30, 2015 of $1,952,000, or $0.46 per common share, a 20.6% increase over the same period in 2014. Net income available to common shareholders for the six months ended June 30, 2015 was $2,828,000, or $0.71 per common share, a 7.1% decrease from the same period in 2014. Excluding merger and acquisition expenses incurred in conjunction with the acquisition of Phoenix Bancorp, Inc. ("Phoenix"), and the corresponding tax impact, net income... More