Mid Penn Bancorp Inc（MPB）资讯与事件MPBMid Penn Bancorp Inc

Mid Penn Declares Q3 Cash Dividend of $0.23 per Share

Reports Q3 tangible book value per share $28.26. Reports Q3 CET1 capital ratio 13.1%. Chair, president and CEO Rory Ritrievi provided the following statement: "The third quarter of 2026 was a solid quarter for Mid Penn. Strong deposit growth was partially offset by softer-than-expected loan growth and noninterest income generation. Effective expense management and continued strong asset quality helped keep overall results in line with our expectations. As we enter the fourth quarter, we remain confident that both loan growth and noninterest income performance will improve, positioning us well through the end of 2026 and for continued success in 2027. Based upon the overall financial success in the third quarter and year to date, we are pleased to declare a quarterly cash dividend of $0.23 per common share to our shareholders of record as of November 2, 2026."

Mid Penn Reports Q3 Revenue of $74.6M, Below Consensus

Reports Q3 revenue $74.6M, consensus $77.8M. Q3 net interest margin decreased 14 basis points to 3.92% compared to 4.06% for the second quarter of 2026, primarily driven by lower loan yields resulting from a $1.0 million decrease in purchase accounting accretion income, as well as higher funding costs, partially offset by higher investment securities yields. Compared to the third quarter of 2025, net interest margin increased 32 bps from 3.60%, primarily driven by higher investment securities yields, and lower funding costs. CEO Rory G. Ritrievi provided the following statement: "The third quarter of 2026 was a solid quarter for Mid Penn. Strong deposit growth was partially offset by softer-than-expected loan growth and noninterest income generation. Effective expense management and continued strong asset quality helped keep overall results in line with our expectations. As we enter the fourth quarter, we remain confident that both loan growth and noninterest income performance will improve, positioning us well through the end of 2026 and for continued success in 2027. Based upon the overall financial success in the third quarter and year to date, we are pleased to declare a quarterly cash dividend of $0.23 per common share to our shareholders of record as of November 2, 2026."

Mid Penn Bank Appoints Christopher Nestore as Chief Risk Officer

Mid Penn Bank announced that Christopher Nestore has joined the Bank as senior executive vice president and chief risk officer. Nestore will lead the Bank's enterprise risk management function and report to Rory Ritrievi, president and CEO of Mid Penn Bank. "Chris brings an exceptional depth of experience across operational risk, regulatory oversight and governance, and we are thrilled to welcome him to our executive leadership team," Ritrievi said. "His strategic perspective, sound judgment, and proven ability to build strong risk management programs will be instrumental as Mid Penn Bank continues to grow toward and potentially beyond $10 billion in assets." Nestore has 30 years of financial services experience in enterprise risk, regulatory remediation, audit, governance and controls. Most recently, he served as executive vice president and head of U.S. operational and model risk management at TD Bank, where he provided independent oversight and governance across the bank's U.S. operations and advised senior executives, board committees and regulators on material risk and control matters.