Mid Penn Bancorp (MPB) investor relations material

Executive summary

• Net income available to common shareholders for Q2 2026 was $21.7 million, up 355.5% year-over-year and 149.2% sequentially, driven by the William Penn and 1st Colonial acquisitions.

• Earnings per diluted share were $0.85, exceeding consensus estimates of $0.79.

• Quarterly dividend increased 4.55% to $0.23 per share, marking the 63rd consecutive quarterly dividend.

• 76,000 shares were repurchased, returning $2.5 million to shareholders.

Financial highlights

• Net interest income for Q2 2026 was $65.3 million, up from $48.2 million in Q2 2025 and $55.3 million in Q1 2026.

• Net interest margin rose to 4.06% from 3.44% a year ago and 3.80% last quarter.

• Noninterest income for Q2 2026 totaled $10.6 million, up 10.2% sequentially and 72.3% year-over-year.

• Noninterest expense decreased 8.1% sequentially to $47.8 million, primarily due to lower merger and acquisition costs.

• Book value per share increased to $35.62, and tangible book value per share rose to $28.18.

Outlook and guidance

• Management expects to build on Q2 momentum, citing strong organic loan growth, net interest margin expansion, and improved efficiency.

• Cautions issued regarding forward-looking statements, with risks tied to interest rates, credit quality, integration of acquisitions, and regulatory changes.