UPDATE: Mid Penn Bancorp (MPB) Raises Quarterly Dividend 20% to $0.18; 3% Yield

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Go back to UPDATE: Mid Penn Bancorp (MPB) Raises Quarterly Dividend 20% to $0.18; 3% Yield

Mid Penn Bancorp, Inc. Reports First Quarter 2019 Earnings and Declares Increased Quarterly Dividend

April 25, 2019 6:13 PM EDT

MILLERSBURG, Pa., April 25, 2019 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (Mid Penn) (NASDAQ: MPB), the parent company of Mid Penn Bank (the Bank), today reported net income to common shareholders (earnings) for the quarter ended March 31, 2019 of $4,077,000 or $0.48 per common share basic and diluted, compared to earnings of $1,004,000 or $0.17 per common share basic and diluted for the quarter ended March 31, 2018. Adjusted earnings for the three months ended March 31, 2018, when excluding the after-tax impact of $1,694,000 of merger and acquisition expenses (with such adjusted earnings being a non-GAAP measure), were $2,424,000 or $0.41 per share basic and... More