Mid Penn Bancorp, Inc. (Nasdaq:MPB) operates as the bank holding company for Mid Penn Bank that engages in the provision of commercial banking services to individuals, partnerships, non-profit organizations, and corporations. With 43 branches across Pennsylvania and over $4.5 billion in assets, the bank has established itself as a reliable and trusted partner for its customers.
Comps: First Community Bankshares, Inc. (Nasdaq:FCBC), Bank of Marin Bancorp (Nasdaq:BMRC)
When comparing banking organizations, Mid Penn Bancorp stands out among other banking organizations in important areas. Its earnings per share of 3.4 and price-to-earnings ratio of 7.6 indicate the company’s solid position. In addition, its return-on-equity, revenue, quarterly revenue growth year-over-year, and net income surpass those of its peers.