Mid Penn Bancorp, Inc.

NasdaqGM:MPB Stock Report

Market Cap: US$869.1m

Mid Penn Bancorp Management

Management criteria checks 3/4

Mid Penn Bancorp's CEO is Rory Ritrievi, appointed in Feb 2009, has a tenure of 17.33 years. total yearly compensation is $2.21M, comprised of 35% salary and 65% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth $3.74M. The average tenure of the management team and the board of directors is 2.4 years and 10.6 years respectively.

Key information

Rory Ritrievi

Chief executive officer

US$2.2m

Total compensation

CEO salary percentage34.99%
CEO tenure17.3yrs
CEO ownership0.4%
Management average tenure2.4yrs
Board average tenure10.6yrs

Recent management updates

Recent updates

Seeking Alpha • May 29

Mid Penn Bancorp: Bigger Does Not Always Mean Better

Summary Mid Penn Bancorp receives a Hold rating due to mixed Q1 2026 results and limited visibility on recent acquisitions’ impact. Recent M&A activity, including 1st Colonial and Cumberland Advisors, boosted assets and revenue but increased non-interest expenses and pressured profitability. MPB’s asset quality remains stable, but coverage ratios for credit losses have declined, and profitability metrics lag sector norms. Valuation is not stretched, trading at 10.3x forward earnings and 1.2x tangible book, but inconsistent earnings results and sector headwinds limit near-term upside. Read the full article on Seeking Alpha
Analysis Article • Oct 28

Mid Penn Bancorp's (NASDAQ:MPB) Upcoming Dividend Will Be Larger Than Last Year's

Mid Penn Bancorp, Inc.'s ( NASDAQ:MPB ) dividend will be increasing from last year's payment of the same period to...
Analysis Article • Jul 29

Mid Penn Bancorp (NASDAQ:MPB) Has Announced A Dividend Of $0.20

The board of Mid Penn Bancorp, Inc. ( NASDAQ:MPB ) has announced that it will pay a dividend on the 25th of August...
Analysis Article • Apr 27

Mid Penn Bancorp (NASDAQ:MPB) Has Affirmed Its Dividend Of $0.20

Mid Penn Bancorp, Inc. ( NASDAQ:MPB ) has announced that it will pay a dividend of $0.20 per share on the 26th of May...
Analysis Article • Feb 06

Mid Penn Bancorp (NASDAQ:MPB) Has Announced A Dividend Of $0.20

Mid Penn Bancorp, Inc.'s ( NASDAQ:MPB ) investors are due to receive a payment of $0.20 per share on 18th of February...
Seeking Alpha • Nov 12

Mid Penn Bancorp And William Penn Are Tying The Knot

Summary Mid Penn Bancorp is acquiring William Penn Bancorporation in an all-stock deal valued at $127 million, with William Penn shareholders receiving 0.4260 shares of Mid Penn Bancorp. William Penn has struggled with stagnant deposits, declining net interest income, and asset quality issues, making the acquisition a strategic exit for its investors. Mid Penn Bancorp aims to capture synergies and improve its balance sheet by absorbing William Penn’s assets, despite taking on significant risks. Rating: Mid Penn Bancorp is a soft 'buy' due to growth potential, while William Penn is a 'buy' as a discounted entry into Mid Penn Bancorp. Read the full article on Seeking Alpha
Analysis Article • Nov 01

Mid Penn Bancorp (NASDAQ:MPB) Is Paying Out A Dividend Of $0.20

Mid Penn Bancorp, Inc. ( NASDAQ:MPB ) will pay a dividend of $0.20 on the 25th of November. Including this payment, the...
Analysis Article • Oct 27

Mid Penn Bancorp, Inc. (NASDAQ:MPB) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

The quarterly results for Mid Penn Bancorp, Inc. ( NASDAQ:MPB ) were released last week, making it a good time to...
Analysis Article • Jan 29

Mid Penn Bancorp (NASDAQ:MPB) Will Pay A Dividend Of $0.20

Mid Penn Bancorp, Inc.'s ( NASDAQ:MPB ) investors are due to receive a payment of $0.20 per share on 20th of February...
Analysis Article • Aug 01

Mid Penn Bancorp (NASDAQ:MPB) Is Paying Out A Dividend Of $0.20

Mid Penn Bancorp, Inc. ( NASDAQ:MPB ) will pay a dividend of $0.20 on the 28th of August. Based on this payment, the...
Analysis Article • May 03

Here's Why We Think Mid Penn Bancorp (NASDAQ:MPB) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Jan 29

Mid Penn Bancorp (NASDAQ:MPB) Has Affirmed Its Dividend Of $0.20

The board of Mid Penn Bancorp, Inc. ( NASDAQ:MPB ) has announced that it will pay a dividend on the 20th of February...
Analysis Article • Jul 31

Mid Penn Bancorp (NASDAQ:MPB) Will Pay A Dividend Of $0.20

Mid Penn Bancorp, Inc.'s ( NASDAQ:MPB ) investors are due to receive a payment of $0.20 per share on 22nd of August...
Seeking Alpha • Jul 27

Mid Penn Bancorp declares $0.20 dividend

Mid Penn Bancorp (NASDAQ:MPB) declares $0.20/share quarterly dividend, in line with previous. Forward yield 2.81% Payable Aug. 22; for shareholders of record Aug. 10; ex-div Aug. 9. See MPB Dividend Scorecard, Yield Chart, & Dividend Growth.
Analysis Article • May 01

Mid Penn Bancorp (NASDAQ:MPB) Will Pay A Dividend Of US$0.20

The board of Mid Penn Bancorp, Inc. ( NASDAQ:MPB ) has announced that it will pay a dividend on the 23rd of May, with...

CEO Compensation Analysis

How has Rory Ritrievi's remuneration changed compared to Mid Penn Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$51m

Dec 31 2025US$2mUS$773k

US$56m

Sep 30 2025n/an/a

US$50m

Jun 30 2025n/an/a

US$44m

Mar 31 2025n/an/a

US$51m

Dec 31 2024US$1mUS$700k

US$49m

Sep 30 2024n/an/a

US$48m

Jun 30 2024n/an/a

US$45m

Mar 31 2024n/an/a

US$38m

Dec 31 2023US$2mUS$680k

US$37m

Sep 30 2023n/an/a

US$41m

Jun 30 2023n/an/a

US$47m

Mar 31 2023n/an/a

US$55m

Dec 31 2022US$1mUS$604k

US$55m

Sep 30 2022n/an/a

US$40m

Jun 30 2022n/an/a

US$34m

Mar 31 2022n/an/a

US$31m

Dec 31 2021US$1mUS$523k

US$29m

Sep 30 2021n/an/a

US$38m

Jun 30 2021n/an/a

US$34m

Mar 31 2021n/an/a

US$32m

Dec 31 2020US$1mUS$500k

US$26m

Sep 30 2020n/an/a

US$22m

Jun 30 2020n/an/a

US$20m

Mar 31 2020n/an/a

US$17m

Dec 31 2019US$790kUS$488k

US$18m

Compensation vs Market: Rory's total compensation ($USD2.21M) is below average for companies of similar size in the US market ($USD3.64M).

Compensation vs Earnings: Rory's compensation has increased by more than 20% in the past year.

CEO

Rory Ritrievi (62 yo)

17.3yrs
Tenure
US$2,209,726
Compensation

Mr. Rory G. Ritrievi serves as Chairman at Mid Penn Bancorp, Inc. and Mid Penn Bank since July 2021. He has been the Chief Executive Officer and President of Mid Penn BanCorp Inc. since joining on February...

Leadership Team

NamePositionTenureCompensationOwnership
Rory Ritrievi
President17.3yrsUS$2.21m0.43%
$ 3.7m
Justin Webb
Chief Financial Officer2.4yrsUS$975.45k0.12%
$ 1.0m
Margaret Steinour
Senior VP & Chief Administrative Officerno datano datano data
Kenneth Stephon
Chief Corporate Development Officer & Director1.2yrsno data0.38%
$ 3.3m
Elizabeth Martin
Corporate Secretaryno datano datano data
2.4yrs
Average Tenure
62yo
Average Age

Experienced Management: MPB's management team is considered experienced (2.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Rory Ritrievi
President17.3yrsUS$2.21m0.43%
$ 3.7m
Kenneth Stephon
Chief Corporate Development Officer & Director1.2yrsno data0.38%
$ 3.3m
John Noone
Lead Independent Director13.8yrsUS$147.53k0.32%
$ 2.8m
Theodore Mowery
Independent Director22.5yrsUS$236.28k0.26%
$ 2.3m
William Specht
Independent Director20.4yrsUS$122.53k0.21%
$ 1.8m
Matthew DeSoto
Independent Director18.4yrsUS$118.78k0.49%
$ 4.3m
Brian Hudson
Independent Director5.4yrsUS$117.53k0.042%
$ 369.1k
Joel Frank
Independent Director3.1yrsUS$122.53k0.052%
$ 447.7k
Robert Abel
Independent Director15.4yrsUS$122.53k0.15%
$ 1.3m
Bruce Kiefer
Independent Director3.3yrsUS$116.28k0.17%
$ 1.5m
Maureen Gathagan
Independent Director4.6yrsUS$117.53k0.060%
$ 523.7k
Kimberly Brumbaugh
Independent Director7.3yrsUS$122.53k0.061%
$ 526.3k
10.6yrs
Average Tenure
65yo
Average Age

Experienced Board: MPB's board of directors are seasoned and experienced ( 10.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/25 23:41
End of Day Share Price 2026/06/25 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mid Penn Bancorp, Inc. is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell Elliott GuntherD.A. Davidson & Co.
Christopher McGrattyKeefe, Bruyette, & Woods
Timothy SwitzerKeefe, Bruyette, & Woods