Mid Penn Bancorp (MPB) Declares $0.20 Quarterly Dividend; 3.3% Yield

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Go back to Mid Penn Bancorp (MPB) Declares $0.20 Quarterly Dividend; 3.3% Yield

Mid Penn Bancorp, Inc. Reports Second Quarter Earnings and Declares Dividend

July 27, 2023 6:03 PM EDT

HARRISBURG, Pa., July 27, 2023 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc. (NASDAQ: MPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income available to common shareholders ("earnings") for the quarter ended June 30, 2023, of $4.8 million, or $0.29 per diluted common share. Adjusted net income excluding non-recurring expenses(1) for the second quarter 2023 was $11.1 million and adjusted earnings per share common share excluding non-recurring expenses was $0.68, which excluded $6.3 million of after-tax merger-related expenses.

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