Mid Penn Bancorp (NASDAQ:MPB) reported its Q4 earnings results on Friday, January 26, 2024 at 09:28 AM.
Here’s what investors need to know about the announcement.
Earnings
Mid Penn Bancorp beat estimated earnings by 23.73%, reporting an EPS of $0.73 versus an estimate of $0.59.
Revenue was down $3.17 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 2.74% increase in the share price the next day.
Here’s a look at Mid Penn Bancorp’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.62 | 0.67 | 0.88 | 0.97 |
| EPS Actual | 0.57 | 0.68 | 0.71 | 0.99 |
| Revenue Estimate | 42.11M | 41.17M | 44.65M | 45.82M |
| Revenue Actual | 42.83M | 41.66M | 40.37M | 45.29M |
** Listen to the earnings announcement yourself by clicking here. **
To track all earnings releases for Mid Penn Bancorp visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
