Insider Trading Watch List: Mid Penn Bancorp $MPB

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Mid Penn Bancorp (MPB) insiders have most recently took part in a trading activity. On Dec 29, 2017 Mowery Theodore W, Director bought 60 shares having total worth of $1,986 at the price of $33.1 per share, following the transaction a total of 7,059 shares owned by Mowery Theodore W.

On the same day, Klinger Robert E, Director bought 30 shares having total worth of $993 at the price of $33.1 per share, following the transaction a total of 400 shares owned by Klinger Robert E. Before this latest buy, Klinger Robert E purchased MPB at 1 other times during the past twelve months, for a total investment of $5,372 at an average of $26.86 per share.

Furthermore, over the past 12 months , the stock was traded 4 times by insiders. an employee of the company was the buyer in 4 instances.

Shares of Mid Penn Bancorp (MPB) traded up 0.91% on Dec 29, 2017, hitting $33.1. 702 shares of the company’s stock traded hands. Mid Penn Bancorp has a 52 week low of $15.8 and a 52 week high of $35.25. The company’s market cap is $77 million.

Mid Penn Bancorp (MPB) last announced its earnings results on Apr 25, 2017. The company reported 0.52 earnings per share (EPS) for the quarter. The company had revenue of $11 million for the quarter, compared to the consensus estimate of $6 million. During the same quarter in the previous year, the company posted 0.43 earnings per share. The company’s revenue for the quarter was up 10% on a year-over-year basis.

2017-04-25 2016-10-24 2016-07-21 2016-04-27 2016-01-27 2015-10-28 2015-07-22 2015-04-30 2015-01-28 2014-10-23
earnings per share 0.52 0.45 0.48 0.43 0.35 0.43 0.46 0.23 0.34 0.43
Revenue(M) 10.61 10.18 9.93 9.65 8.17 9.27 9.58 0 6.63 6.54

Mid Penn Bancorp, Inc., was incorporated in the Commonwealth of Pennsylvania in August 1991. It is a bank holding company for Mid Penn Bank. Mid Penn’s business is to supervise and coordinate the business of its subsidiaries and to provide them with capital and resources. The Bank engages in full-service commercial banking and trust business, making available to the community a range of financial services, including, but not limited to, installment loans, personal loans, mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, construction financing, farm loans, community development and local government loans and various types of time and demand deposits. In addition, the Bank provides trust services through its Trust Department. The Bank offers a variety of loan products to its customers, including loans secured by real estate, commercial and consumer loans. The Bank also offers other services such as Internet banking, telephone banking, cash management services, automated teller services and safe deposit boxes. The Bank mainly uses deposits and borrowings to finance lending and investment activities.The Bank presently has 14 offices located in Dauphin, Northumberland, Schuylkill, and Cumberland Counties, Pennsylvania. The Bank actively competes with other financial services companies for deposit and loan business. Competitors include other commercial banks, savings banks, savings and loan associations, insurance companies, securities brokerage firms, credit unions, finance companies, mutual funds, and money market funds. Bank holding companies and banks are extensively regulated under both Federal and state laws.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.