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Mid Penn Bancorp (MPB) investor relations material

Mid Penn Bancorp Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary22 Oct, 2025

Executive summary

  • Net income for Q3 2025 was $18.3 million, up 48.7% year-over-year, with diluted EPS of $0.79 and basic EPS of $0.80; nine-month net income was $36.8 million, nearly flat year-over-year due to higher share count from acquisitions.

  • Annualized Q3 revenues reached $247.2 million, a 13.8% increase from Q2 2025.

  • Major acquisitions included William Penn (closed April 2025), Charis Insurance Group, and pending deals with 1st Colonial Bancorp ($101 million) and Cumberland Advisors (expected to add $3.3 billion AUM).

  • Quarterly dividend increased 10% to $0.22 per share, marking the 60th consecutive quarterly dividend.

Financial highlights

  • Net interest income for Q3 2025 was $53.6 million, up from $40.2 million in Q3 2024 and $48.2 million in Q2 2025; net interest margin rose to 3.60% from 3.13% year-over-year.

  • Total assets reached $6.3 billion, up 14.6% from December 2024, driven by loan and deposit growth and acquisitions.

  • Noninterest income for Q3 2025 was $8.2 million, up 58% year-over-year and 33.2% sequentially, with strong contributions from insurance, mortgage banking, and swap fees.

  • Noninterest expense for Q3 2025 was $38.0 million, up 26.8% year-over-year but down 20.5% sequentially, reflecting higher compensation, IT, and merger costs.

  • Book value per share was $34.56; tangible book value per share was $27.96 at quarter-end.

Outlook and guidance

  • Pending acquisitions of 1st Colonial Bancorp and Cumberland Advisors are expected to close in early 2026 and Q4 2025, expanding market presence and assets under management.

  • Management expects continued integration costs, focus on realizing synergies, and further progress in net interest margin and operational efficiency.

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Frequently asked questions

Mid Penn Bancorp, Inc. is a financial holding company that operates primarily through its subsidiary, Mid Penn Bank. The company provides a range of banking and financial services to individuals, businesses, and municipalities. These services include commercial and retail banking, mortgage and home equity lending, wealth management, and trust services. Mid Penn Bank serves various sectors, including agriculture, manufacturing, real estate, and healthcare, with a focus on supporting small to medium-sized businesses within its market areas. The company is headquartered in Millersburg, Pennsylvania, and its shares are listed on the NASDAQ.

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