secwatch.observer — SEC 8-K summary
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Issuer:     MID PENN BANCORP INC (MPB)
CIK:        0000879635
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0000879635-24-000106
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/879635/000087963524000106/0000879635-24-000106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879635/000087963524000106/mpb-20240424.htm
  HTML page:      https://secwatch.observer/filing/0000879635-24-000106

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer