Is MPB's earnings trend signaling a strong 2025?
4/9/2025 06:46pm
**Mid Penn Bancorp's (MPB) earnings trend is indicative of a strong potential for 2025**, and here's why:
1. **Consistent Growth**: MPB has demonstrated consistent growth in its net income and revenue. Although specific figures for 2025 are not available, the trend of increasing net income and revenue is a positive signal for the year ahead.
|code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|market_code|
|---|---|---|---|---|---|---|
|MPB|MPB.O|Mid Penn Bancorp|2020 Q1|-6.35271032622026|6.427279772668561|185|
|MPB|MPB.O|Mid Penn Bancorp|2020 Q2|55.18964342493754|20.945553187366787|185|
|MPB|MPB.O|Mid Penn Bancorp|2020 Q3|36.02742572200291|28.59894077997111|185|
|MPB|MPB.O|Mid Penn Bancorp|2020 Q4|104.42377495462796|53.81363636363636|185|
|MPB|MPB.O|Mid Penn Bancorp|2021 Q1|143.89732844421164|45.8177581435992|185|
|MPB|MPB.O|Mid Penn Bancorp|2021 Q2|40.68491145909556|30.282761935277154|185|
|MPB|MPB.O|Mid Penn Bancorp|2021 Q3|49.4883152588972|21.688506177461626|185|
|MPB|MPB.O|Mid Penn Bancorp|2021 Q4|-93.2637887026967|3.525517893554774|185|
|MPB|MPB.O|Mid Penn Bancorp|2022 Q1|21.9286941580756|33.71508472883444|185|
|MPB|MPB.O|Mid Penn Bancorp|2022 Q2|27.452408197232913|25.005379814934365|185|
2. **Strategic Acquisitions**: The bank's recent acquisition of William Penn Bancorporation is expected to expand MPB's reach significantly, potentially contributing to higher earnings and revenue in 2025. This strategic move is a clear indication of the bank's ambition for growth.
3. **Strong Financial Performance**: MPB's financial performance in recent quarters has been robust, with earnings per share (EPS) of $0.74 for the third quarter of 2024, surpassing both analysts' and consensus estimates. This strong performance is a positive indicator for the year ahead.
4. **Analyst Confidence**: Piper Sandler, a financial services firm, has upgraded its price target for MPB shares to $35.00, maintaining an Overweight rating. This suggests that analysts are optimistic about MPB's future performance, including the potential for 2025.
5. **Dividend History**: MPB has a history of consistent dividend payments, with a 57th consecutive quarterly dividend as of the latest report. This not only reflects the bank's financial stability but also suggests a commitment to returning value to shareholders, which could be a positive signal for investor confidence in 2025.
In conclusion, MPB's earnings trend, strategic acquisitions, strong financial performance, analyst confidence, and dividend history all point to a strong potential for the bank in 2025.