Mid Penn Bancorp (MPB) investor relations material

Executive summary

• Net income for Q2 2026 was $21.7 million ($0.85 diluted EPS), up 355.5% year-over-year and 149.2% sequentially, driven by recent acquisitions and higher net interest income.

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

• Total assets reached $7.1 billion as of June 30, 2026, a 15.1% increase from year-end 2025, primarily due to the 1st Colonial and Cumberland Advisors acquisitions.

• 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 improved to 4.06% in Q2 2026 from 3.44% in Q2 2025 and 3.80% in Q1 2026.

• Noninterest income rose 72% year-over-year to $10.6 million in Q2 2026, mainly from fiduciary/wealth management and insurance commissions.

• Noninterest expense was flat at $47.8 million for Q2 2026, with higher salaries and benefits offset by lower merger expenses.

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

Outlook and guidance

• Management expects continued integration of recent acquisitions and strong organic loan growth to drive revenue and efficiency gains.

• No material changes to critical accounting estimates or risk factors, but ongoing monitoring of macroeconomic and geopolitical risks is emphasized.

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