Detail akcie Mid Penn Bancp online

Business Summary: Mid Penn Bancorp, Inc. is a financial holding company. The Company conducts its operations through Mid Penn Bank, a full-service commercial bank, and MPB Risk Services, LLC, a provider of insurance services to individuals, families, and businesses. It operates retail locations throughout the Commonwealth of Pennsylvania and central New Jersey and offers a portfolio of financial products and services. It provides full-service commercial banking and financial services, including mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, construction financing, community development loans, loans to non-profit entities and local government loans, and various types of time and demand deposits, including checking accounts, savings accounts, clubs, money market deposit accounts, and others. It provides services to commercial businesses and real estate investors, consumers, and municipalities through its 49 full-service retail banking properties.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Mid Penn Bancorp Inc interest income increased 21% to $286.6M. Net interest income after loan loss provision increased 8% to $155.2M. Net income increased 32% to $49.4M. Net interest income after loan loss provision reflects increase in interest earning assets and decrease in interest bearing liabilities. Net income benefited from Other Income increase of 39% to $7.8M (income).