Mid Penn Bancorp (MPB) Reports Q3 EPS of $0.43

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Go back to Mid Penn Bancorp (MPB) Reports Q3 EPS of $0.43

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

October 28, 2015 2:37 PM EDT

MILLERSBURG, Pa., Oct. 28, 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 September 30, 2015 of $1,802,000, or $0.43 per common share, a 19.6% increase over the same period in 2014. Net income available to common shareholders for the nine months ended September 30, 2015 was $4,630,000, or $1.14 per common share, a 1.8% increase 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