Mid Penn Bancorp Q4 2023 net income $12.1M ($0.73 EPS), up 31% QoQ; declares $0.20 dividend

MID PENN BANCORP INC

2023-FY EPS reported $2.29

Net income available to common shareholders $12.1M ($0.73 diluted EPS), up 31% from Q3 2023 ($9.2M, $0.56 EPS).
Net interest margin narrowed to 3.02% from 3.16% QoQ; net interest income $37.0M vs $37.5M in Q3.
Loan growth of $107.1M (10.5% annualized); deposits decreased $35.4M (3.2% annualized).
Board declared Q1 cash dividend of $0.20 per share, payable Feb 20, 2024 to holders of record Feb 9, 2024.
Noninterest expense decreased $2.4M to $27.5M; provision for credit losses on loans $221k.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MID PENN BANCORP INC reported the quarter ended December 31, 2023 results: net income $12.1 million, EPS $0.73 per diluted common share.

Period: the quarter ended December 31, 2023
Net income: $12.1 million
EPS: $0.73 per diluted common share
Result: reported results

Exact text from the filing

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.

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31 earnings releases filed in the last 30 days. Browse all earnings releases →

MID PENN BANCORP INC filing history →

Source: SEC EDGAR

accession 0000879635-24-000024

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