Mid Penn Bancorp Q2 EPS $0.71 beats $0.60 consensus; declares $0.20 dividend

MID PENN BANCORP INC

2024-Q2 EPS reported $1.44

Net income available to common shareholders $11.8M ($0.71 diluted EPS) vs $4.8M ($0.29) YoY, beating consensus of $0.60.
Net interest margin improved to 3.12% from 2.97% QoQ; deposits grew 11.3% annualized to $4.5B.
Nonperforming assets decreased 33% to $10.4M; net charge-offs were less than 0.001% of loans.
Board declared $0.20 per share cash dividend payable Aug 26, 2024 to holders of record Aug 9, 2024.
Appointed Jeffrey Wolff as Chief Accounting Officer and SVP, effective July 22, 2024.

item 2.02 item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Jeffrey Wolff

Chief Accounting Officer and Senior Vice President

MPB · MID PENN BANCORP INC

Effective: 2024-07-22
Filed: July 24, 2024, 7:59 PM ET

On July 22, 2024, Mid Penn Bank, the wholly-owned bank subsidiary of Mid Penn Bancorp, Inc., announced the appointment of Jeffrey Wolff, CPA, as Chief Accounting Officer and Senior Vice President.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey Wolff was appointed as Chief Accounting Officer and Senior Vice President at MID PENN BANCORP INC.

Action: appointed
Role: Chief Accounting Officer and Senior Vice President

Exact text from the filing

On July 22, 2024, Mid Penn Bank, the wholly-owned bank subsidiary of Mid Penn Bancorp, Inc., announced the appointment of Jeffrey Wolff, CPA, as Chief Accounting Officer and Senior Vice President.

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MID PENN BANCORP INC filing history →

Source: SEC EDGAR

accession 0000879635-24-000140

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