Mid Penn Bancorp

MPB · NASDAQ

$36.51+$0.59 (+1.64%)TodayMarket closed · Oct 20, 5:20 PM ET

Prev close $35.92

MPB analyst rating

BuyConsensus of 3 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy3
Hold0
Underperform0
Sell0

12-month price target · 4 analysts

Average $41.14 (+12.7% upside)

Low: $39.39
Now: $36.51
High: $43.05

Upgrades and downgrades

The latest rating actions, newest first

MPB analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Piper Sandler	Oct 9, 2026	Initiates	Overweight	$42.00	46%
Keefe, Bruyette & Woods	Jul 27, 2026	Maintains	Outperform	$37.00 → $41.00	68%
Raymond James	Jun 30, 2026	Initiates	Outperform	$38.00	59%
Keefe, Bruyette & Woods	Oct 27, 2025	Maintains	Outperform	$34.00 → $37.00	68%

The case for and against

Updated Jan 19, 2026

Bull case

Mid Penn Bancorp Inc has demonstrated robust financial growth, with a notable 19.1% quarter-over-quarter increase in core noninterest income, reflecting strong operational performance despite challenges in mortgage banking. The strategic acquisition of WMPN is expected to further enhance the company's market presence in the Philadelphia area, with projected noninterest income climbing to $24.7 million in 2025 and $28.3 million in 2026. Additionally, the company experienced an 8% organic growth in deposits in Q2, alongside a 13.4% increase in net interest income, indicating a positive trend in its overall financial health and business expansion initiatives.

Bear case

Mid Penn Bancorp has experienced a concerning 8% decrease in end-of-period loans on an organic basis, indicating potential challenges in sustaining loan growth. Additionally, the company faces various risks, including negative credit trends and volatile interest rates, which could hinder its earnings outlook. These factors collectively contribute to a negative outlook for the financial institution's stock.

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