UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------- ...

Mid Penn Bancorp (MPB) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.74%. A quarter ago, it was expected that this company would post earnings of $0.62 per share when it actually produced earnings of $0.68, delivering a surprise of 9.68%.Over the last four quarters, the company ha ...

Exhibit 99.1 | --- | --- | --- | |---------------------------------------------------------------------------|------------------------------|------------------------------------------------| | | PRESS RELEASE | | | | Mid Penn Bancorp, Inc. | | | | 2407 Park Drive | | | | Harrisburg, PA 17110 | | | | 1-866-642-7736 | | | | | | | | CONTACTS | | | Rory G. Ritrievi Chair, President & Chief Executive Officer | | Justin T. Webb Chief Financial Officer | MID PENN BANCORP, INC. REPORTS THIRD QUARTER EARNINGS BEAT A ...

Mid Penn Bancorp (MPB) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices - - has triggered this rating change. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Sin ...

This quarterly report represents an earnings surprise of 9.68%. A quarter ago, it was expected that this company would post earnings of $0.62 per share when it actually produced earnings of $0.64, delivering a surprise of 3.23%. Mid Penn Bancorp, which belongs to the Zacks Banks - Northeast industry, posted revenues of $44.1 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 5.92%. This compares to year-ago revenues of $41.66 million. The company has topped consensus revenue ...

Financial Performance - Revenue increased by 15% year-over-year, driven by strong sales in the Asia-Pacific region [1]. - Net profit margin improved to 12%, up from 10% in the previous quarter [2]. - Operating expenses rose by 8%, primarily due to increased marketing and R&D investments [3]. Market Expansion - The company successfully entered two new markets in Europe, contributing to a 20% increase in international sales [4]. - A new distribution center was opened in South America to support regional growth [5]. - Strategic partnerships were formed with local retailers to enhance market penetration [6]. Product Development - Launched three new products in the tech segment, which accounted for 25% of total revenue [7]. - R&D spending increased by 10% to accelerate innovation and product differentiation [8]. - Customer feedback on the new product line has been overwhelmingly positive, with a 90% satisfaction rate [9]. Operational Efficiency - Implemented a new ERP system, reducing operational costs by 5% [10]. - Streamlined supply chain processes, resulting in a 15% reduction in delivery times [11]. - Employee training programs were enhanced, leading to a 20% improvement in productivity [12]. Sustainability Initiatives - Achieved a 30% reduction in carbon emissions through the adoption of renewable energy sources [13]. - Launched a recycling program that has successfully diverted 50% of waste from landfills [14]. - Committed to achieving net-zero emissions by 2030, with interim targets set for 2025 [15]. Corporate Governance - Appointed two new independent directors to the board, enhancing governance and oversight [16]. - Implemented a new whistleblower policy to ensure ethical practices across the organization [17]. - Conducted annual audits to ensure compliance with regulatory requirements and internal policies [18].

What do the Analysts Think? Clearly, options traders are pricing in a big move for Mid Penn Bancorp shares, but what is the fundamental picture for the company? Currently, Mid Penn Bancorp is a Zacks Rank #3 (Hold) in the Banks - Northeast industry that ranks in the Bottom 24% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 MID PENN BANCORP, INC. (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisdiction of Incorporation or Organization) 2407 Park Drive FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to __ ...

Exhibit 99.1 PRESS RELEASE Mid Penn Bancorp, Inc. 2407 Park Drive Harrisburg, PA 17110 1-866-642-7736 CONTACTS Rory G. Ritrievi Chair, President & Chief Executive Officer Justin T. Webb Chief Financial Officer MID PENN BANCORP, INC. REPORTS FIRST QUARTER EARNINGS BEAT AND DECLARES 54TH CONSECUTIVE QUARTERLY DIVIDEND April 24, 2024 – Harrisburg, PA – 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 a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________to ________ Commission file number 1-13677 | | | (Exact Name of Registrant as Specified in its Charter) | Pennsylvania | 25-1666413 | | --- | --- | | (State or Other Ju ...