Mid Penn Bancorp Inc reports results for the quarter ended December 31 - Earnings Summary

• Mid Penn Bancorp Inc MPB.OQ reported quarterly adjusted earnings of 72 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 73 cents. The mean expectation of three analysts for the quarter was for earnings of 71 cents per share. Wall Street expected results to range from 68 cents to 74 cents per share.

• Revenue rose 12.6% to $47.43 million from a year ago; analysts expected $46.12 million.

• Mid Penn Bancorp Inc's reported EPS for the quarter was 72 cents​.

• The company reported quarterly net income of $13.23 million.

• Mid Penn Bancorp Inc shares had risen by 2.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Mid Penn Bancorp Inc is $37.00

This summary was machine generated from LSEG data January 23 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)