Mid Penn Bancorp (MPB) Declares $0.12 Special Dividend; 0.8% Yield

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Go back to Mid Penn Bancorp (MPB) Declares $0.12 Special Dividend; 0.8% Yield

Mid Penn Bancorp, Inc. Reports Annual Earnings Increase of 13% and Declares Quarterly and Special Dividends

January 27, 2016 3:59 PM EST

MILLERSBURG, Pa., Jan. 27, 2016 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (Mid Penn) (NASDAQ: MPB), the parent company of Mid Penn Bank, today reported net income for the three months ended December 31, 2015 of $1,627,000, an 83.2% increase over the same period in 2014.  Net income for the twelve months ended December 31, 2015 was $6,528,000, a 14.5% increase from 2014.  Net income available to common shareholders for the twelve months ended December 31, 2015 was $6,038,000, or $1.47 per common share, a 12.8% increase from the same period in 2014.  Excluding merger and acquisition expenses incurred in conjunction with the acquisition of Phoenix Bancorp, Inc.... More