MPB
Mid Penn Bancorp, Inc.
MPB's fundamentals are strong, but it looks expensive: trading at 12x earnings, above its usual 9.6x. Analysts expect earnings growth.
MPB Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
MPB's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like MPB.
MPB PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.3x | $23.92 | -32% |
| Fair | 9.5x | $27.50 | -22% |
| Forward | 10x | $35.30 | — |
| Current | 12x | $35.30 | — |
| Expensive | 13x | $36.77 | +4.2% |
Historical ranges are pointers, not guarantees.
MPB's PE is in its expensive range at 12x. If earnings grow as analysts expect, today's price would be 10x next year's earnings, in its fair range.
MPB Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for MPB, but weaker profitability.
MPB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.52 | +22% |
| Q3 2026 | $2.88 | +18% |
| Q2 2026 | $2.83 | +18% |
| Q1 2026 | $2.20 | -24% |
| Q4 2025 | $2.55 | -12% |
| Q3 2025 | $2.44 | -16% |
| Q2 2025 | $2.39 | -13% |
| Q1 2025 | $2.88 | +24% |
| Q4 2024 | $2.90 | +27% |
MPB earned $2.88 per share over the past year, up 18% from the year before.
MPB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $74.7M | +21% |
| Q2 2026 | $75.9M | +40% |
| Q1 2026 | $64.9M | +36% |
| Q4 2025 | $62M | +31% |
| Q3 2025 | $61.8M | +36% |
| Q2 2025 | $54.3M | +23% |
| Q1 2025 | $47.7M | +13% |
| Q4 2024 | $47.4M | +13% |
MPB's revenue has grown year over year for 11 quarters in a row: $75M last quarter, up 21% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 37% | -2.2 points |
| Q2 2026 | 36% | +29 points |
| Q1 2026 | 17% | -18 points |
| Q4 2025 | 44% | +9.4 points |
| Q3 2025 | 39% | +6.5 points |
| Q2 2025 | 7.9% | -25 points |
| Q1 2025 | 35% | +0.4 points |
| Q4 2024 | 34% | -0.1 points |
MPB's operating margin was 37% last quarter, down 2.2 points from the same quarter a year ago.
MPB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $15.9M | -35% |
| Q2 2026 | $31.2M | +15% |
| Q1 2026 | $13M | +48% |
| Q4 2025 | $11.5M | +$13.6M |
| Q3 2025 | $24.3M | +45% |
| Q2 2025 | $27.2M | +53% |
| Q1 2025 | $8.8M | -27% |
| Q4 2024 | -$2.2M | -114% |
MPB's free cash flow was $72M over the past year, up 23% from the year before. Free cash flow isn't a meaningful measure for financial services companies like MPB.
MPB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +20K shares |
| 1 year | +10% | +2.4M shares |
| 3 years | +55% | +9M shares |
| 5 years | +148% | +15.3M shares |
| Available history | +202% | +17.2M shares |
MPB has 26M diluted shares, up 10% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q4 2025 | $246,000 |
| Q3 2025 | $226,000 |
| Q2 2025 | $1.8M |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
MPB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.8x | Very low |
| Q1 2026 | -0.4x | Net Cash |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | -0.3x | Net Cash |
| Q1 2025 | 0.3x | Very low |
| Q4 2024 | 0.5x | Very low |
MPB's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like MPB.
MPB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.8 | Neutral |
| Stochastic | 20.2 | Neutral |
MPB's weekly RSI is 51 (neutral) and its Stochastic is 20 (neutral).
MPB PE vs Financial Services Sector
| Metric | MPB | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 5.8% below |
| PE % | 78 | 63 | 15 pts above |
MPB is trading at 12x earnings, in line with the Financial Services sector's median of 13x.
MPB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $35.3 | 0% above |
| 20 week MA | $36.2 | 2.6% below |
| 50 week MA | $34.0 | 3.7% above |
| 100 week MA | $31.1 | 14% above |
| 200 week MA | $27.7 | 27% above |
MPB has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 27% above its 200-week average.
MPB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $29.4 | $24.9 | -15% |
| 2021 | $24.9 | $31.6 | +27% |
| 2022 | $31.6 | $31.1 | -1.5% |
| 2023 | $31.1 | $24.3 | -22% |
| 2024 | $24.3 | $28.9 | +19% |
| 2025 | $28.9 | $31.7 | +9.7% |
| 2026 YTD | $31.7 | $35.3 | +11% |
MPB has finished lower in three of the last six years. It's up 11% so far in 2026.