Mid Penn Bancorp (MPB) Declares $0.20 Quarterly Dividend; 3.4% Yield

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

January 26, 2024 9:28 AM EST

HARRISBURG, Pa.--(BUSINESS WIRE)-- 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 December 31, 2023, of $12.1 million, or $0.73 per diluted common share.

Key Highlights of the Fourth Quarter of 2023:

Net income available to common shareholders increased 31.0% to $12.1 million, or $0.73 per diluted common share for the fourth quarter of 2023, compared to net income of $9.2 million, or $0.56 per diluted common... More