earnings
confidence high
sentiment positive
materiality 0.75
Mid Penn Q1 EPS $0.71 beats $0.63 consensus; NIM expands to 3.37%
MID PENN BANCORP INC
2025-Q1 EPS reported
$0.71
- Net income $13.7M ($0.71 diluted EPS) vs $12.1M ($0.73) Q1 2024; core EPS $0.72.
- Net interest margin 3.37%, up from 2.97% YoY; cost of funds down to 2.48%.
- Loans grew $48.1M (4.4% annualized); deposits up $42.3M (3.7% annualized).
- Quarterly dividend $0.20/sh declared, payable May 26; buyback program extended through Apr 2026 with ~$5M remaining.
- Merger with William Penn expected to close mid-Q2 2025 after all regulatory and shareholder approvals received.