Mid Penn Bancorp Q1 EPS $0.73 beats $0.61 consensus; declares $0.20 dividend

MID PENN BANCORP INC

2024-Q1 EPS reported $0.73

EPS of $0.73 beats consensus $0.61; net income $12.1M, up 8.1% from $11.2M Q1 2023.
Loans grew $64.7M (6.1% annualized) in Q1; deposits up $32.9M.
Tangible book value per share $25.23, up from $24.67 at Dec 31, 2023.
Board declared $0.20 quarterly dividend payable May 27, 2024 to holders of record May 10.
Stock repurchase program renewed through April 2025; $5M remaining of $15M authorization.

item 2.02 item 8.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MID PENN BANCORP INC reported the quarter ended March 31, 2024 results: net income $12.1 million, EPS $0.73 per diluted common share.

Period: the quarter ended March 31, 2024
Net income: $12.1 million
EPS: $0.73 per diluted common share
Result: reported results

Exact text from the filing

Mid Penn Bancorp, Inc. Reports First Quarter Earnings Beat and Declares 54th Consecutive Quarterly Dividend

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Source: SEC EDGAR

accession 0000879635-24-000106

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