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Director Kimberly Brumbaugh of Mid Penn Bancorp INC (NASDAQ:MPB), a regional bank with a market capitalization of $658 million, acquired 88 shares of common stock on September 30, 2025, at a price of $28.64, for a total transaction value of $2520. According to InvestingPro analysis, the stock currently trades below its Fair Value, suggesting potential upside opportunity.
The filing with the Securities and Exchange Commission indicates that following the transaction, Brumbaugh directly owns 10260.069 shares of Mid Penn Bancorp , Inc. Common Stock and indirectly owns 1123.0004 shares through an IRA. She also directly owns 1945 shares of Common Restricted Stock. The bank maintains a healthy 2.79% dividend yield and has consistently paid dividends for 15 consecutive years, demonstrating strong shareholder returns. InvestingPro subscribers can access additional insights, including 5 more exclusive ProTips about MPB’s financial outlook.
In other recent news, Mid Penn Bancorp announced its plans to acquire Cumberland Advisors, which is expected to add approximately $3.3 billion in assets under management. The transaction is slated to close in the fourth quarter of 2025, subject to customary conditions. Additionally, Mid Penn Bancorp revealed its agreement to acquire 1st Colonial Bancorp in a deal valued at approximately $101 million. This acquisition involves a mix of cash and stock, expanding Mid Penn’s presence in the greater Philadelphia metropolitan area. Analyst firm Keefe, Bruyette & Woods reiterated an Outperform rating for Mid Penn Bancorp, highlighting confidence in the company’s ability to integrate its recent acquisitions.
Moreover, Mid Penn Bancorp updated its executive retirement and change in control agreements. The amendments affect three executives, setting an annual normal retirement benefit of $125,000, with specified increases for two executives. These developments reflect Mid Penn Bancorp’s ongoing strategic growth and management updates.
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