Mid Penn Bancorp released an investor presentation for management’s meetings with investors and analysts in the fourth quarter of 2026. The presentation provides an overview of the Pennsylvania-based bank holding company and highlights its financial results and market footprint for the quarter ended Sept. 30.
The materials report $21.6 million in third-quarter net income, or 84 cents per share, and $22.2 million in “core” net income, or 88 cents per share. They also show Mid Penn’s balance-sheet size, asset-quality measures and presence across Pennsylvania and New Jersey.
Key details
- Balance sheet: At Sept. 30, Mid Penn had $7.1 billion in assets, $5.7 billion in gross loans and $6.1 billion in deposits.
- Earnings: Third-quarter net income was $21.6 million, or 84 cents per share. Core net income, a non-GAAP measure, was $22.2 million, or 88 cents per share.
- Profitability: The company reported a 3.92% net interest margin for the quarter. Annualized return on average assets was 1.21% on a GAAP basis and 1.24% on a core basis. Annualized return on tangible common equity was 12.7%, with a core measure of 12.4%.
- Asset quality and capital: Nonperforming assets were 0.66% of assets. Net charge-offs were 0.01% of average loans on an annualized basis. Tangible common equity was 10.3% of tangible assets.
- Lending and deposits: Loans, excluding loans held for sale, equaled 92.5% of deposits.
- Branch footprint: Mid Penn had 59 financial centers across four groups of markets:
- Greater Harrisburg: more than $2.0 billion in deposits, $2.3 billion in loans and 17 centers.
- Greater Philadelphia and New Jersey: more than $2.2 billion in deposits, $2.3 billion in loans and 21 centers.
- Northern Pennsylvania markets: more than $1.1 billion in deposits, $725 million in loans and 12 centers.
- Western Pennsylvania markets: $710 million in deposits, $237 million in loans and nine centers.
The financial figures are unaudited and relate to the quarter ended Sept. 30, 2026. “Core” earnings and several other measures are non-GAAP measures; the presentation says reconciliations to comparable GAAP measures are provided in its appendix.
The presentation describes Mid Penn as having an established position in Greater Harrisburg, with additional scale in Greater Philadelphia and central and southern New Jersey, as well as a presence in selected northern and western Pennsylvania markets.