Somewhat Favorable News Coverage Somewhat Unlikely to Affect Mid Penn Bancorp (MPB) Share Price
Headlines about Mid Penn Bancorp (NASDAQ:MPB) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Mid Penn Bancorp earned a news impact score of 0.21 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 46.2633325583603 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Mid Penn Bancorp (NASDAQ:MPB) opened at $32.95 on Wednesday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.27. Mid Penn Bancorp has a one year low of $22.25 and a one year high of $35.75. The company has a market capitalization of $142.07, a P/E ratio of 13.09 and a beta of 0.46.
The business also recently announced a special dividend, which will be paid on Friday, January 5th. Investors of record on Thursday, December 21st will be given a dividend of $0.10 per share. The ex-dividend date is Wednesday, December 20th. This represents a dividend yield of 1.97%. Mid Penn Bancorp’s payout ratio is 25.49%.
About Mid Penn Bancorp
Mid Penn Bancorp, Inc (Mid Penn) is the bank holding company for Mid Penn Bank (the Bank). The Bank engages in a full-service commercial banking and trust business, providing a range of financial services, including mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, community development loans, loans to non-profit entities and local government loans, and various types of time and demand deposits, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit and individual retirement accounts (IRAs).
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