
MPB Stock Forecast & Price Target
MPB Analyst Ratings
Bulls say
Mid Penn Bancorp has demonstrated significant growth potential, evidenced by a 19.1% quarter-over-quarter increase in core noninterest income, supported by the strategic WMPN merger that is expected to enhance its presence in the Philadelphia market and bolster wealth management and insurance services. Additionally, the company's deposit base grew by 8% on an organic basis in the second quarter, illustrating robust customer confidence and engagement. Furthermore, net interest income (NII) surged by 13.4% quarter-over-quarter, reflecting effective management practices and an expansion in core net interest margin (NIM) to 3.43%, indicating strong operational performance.
Bears say
Mid Penn Bancorp has experienced a significant decline in end-of-period (EOP) loans, reporting an 8% decrease on an organic basis, which raises concerns about the company's loan growth potential. Additionally, various risk factors, including negative credit trends and volatile interest rates, may further hinder the attainment of favorable earnings outlooks. These fundamental challenges suggest that the company's financial health could be compromised if these conditions persist.
This aggregate rating is based on analysts' research of Mid Penn Bancorp and is not a guaranteed prediction by Public.com or investment advice.
MPB Analyst Forecast & Price Prediction
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