M&A
confidence high
sentiment positive
materiality 0.70
Mid Penn and William Penn receive all bank regulatory approvals for merger; expected Q2 2025 close
MID PENN BANCORP INC
- Regulatory approvals received from applicable bank agencies for merger of William Penn into Mid Penn.
- Shareholder approval from both companies and customary conditions still pending.
- Transaction expected to close in Q2 2025.
- Pro forma combined assets projected at $6.3 billion.
- Extends Mid Penn's footprint into Greater Philadelphia Metro, Southeastern PA, and Central NJ.