Mid Penn Bancorp (NASDAQ: MPB) is one of 261 public companies in the “State commercial banks” industry, but how does it weigh in compared to its competitors? We will compare Mid Penn Bancorp to related businesses based on the strength of its institutional ownership, risk, valuation, dividends, analyst recommendations, profitability and earnings.
Institutional and Insider Ownership
15.1% of Mid Penn Bancorp shares are held by institutional investors. Comparatively, 48.6% of shares of all “State commercial banks” companies are held by institutional investors. 18.2% of Mid Penn Bancorp shares are held by insiders. Comparatively, 11.0% of shares of all “State commercial banks” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Mid Penn Bancorp pays an annual dividend of $0.72 per share and has a dividend yield of 2.8%. Mid Penn Bancorp pays out 35.1% of its earnings in the form of a dividend. As a group, “State commercial banks” companies pay a dividend yield of 2.4% and pay out 30.0% of their earnings in the form of a dividend. Mid Penn Bancorp has increased its dividend for 5 consecutive years.
Risk & Volatility
Mid Penn Bancorp has a beta of 0.57, suggesting that its share price is 43% less volatile than the S&P 500. Comparatively, Mid Penn Bancorp’s competitors have a beta of 0.78, suggesting that their average share price is 22% less volatile than the S&P 500.
This is a summary of recent recommendations and price targets for Mid Penn Bancorp and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Mid Penn Bancorp||0||1||0||0||2.00|
|Mid Penn Bancorp Competitors||2434||7086||5318||321||2.23|
As a group, “State commercial banks” companies have a potential upside of 19.65%. Given Mid Penn Bancorp’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Mid Penn Bancorp has less favorable growth aspects than its competitors.
This table compares Mid Penn Bancorp and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Mid Penn Bancorp||15.82%||7.98%||0.84%|
|Mid Penn Bancorp Competitors||22.68%||10.92%||1.20%|
Earnings & Valuation
This table compares Mid Penn Bancorp and its competitors revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Mid Penn Bancorp||$76.12 million||$10.60 million||12.38|
|Mid Penn Bancorp Competitors||$1.39 billion||$278.55 million||13.07|
Mid Penn Bancorp’s competitors have higher revenue and earnings than Mid Penn Bancorp. Mid Penn Bancorp is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Mid Penn Bancorp competitors beat Mid Penn Bancorp on 13 of the 15 factors compared.
About Mid Penn Bancorp
Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations. The company offers various time and demand deposit products, including checking accounts, savings accounts, clubs, money market deposit accounts, certificates of deposit, and IRAs. It also provides a range of loan products comprising mortgage and home equity loans, secured and unsecured commercial and consumer loans, lines of credit, construction financing, farm loans, community development loans, loans to non-profit entities, and local government loans. In addition, the company offers online banking, telephone banking, cash management, and automated teller services, as well as safe deposit boxes; and trust and retail investment services. It operates 38 full service retail banking locations in Berks, Bucks, Chester, Cumberland, Dauphin, Fayette, Lancaster, Luzerne, Montgomery, Northumberland, Schuylkill, and Westmoreland counties, Pennsylvania. The company was founded in 1868 and is headquartered in Millersburg, Pennsylvania.
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