Contrasting Mid Penn Bancorp (MPB) & Its Rivals

Mid Penn Bancorp (NASDAQ:MPB) is one of 919 publicly-traded companies in the “Banks” industry, but how does it weigh in compared to its competitors? We will compare Mid Penn Bancorp to related companies based on the strength of its analyst recommendations, institutional ownership, dividends, risk, profitability, valuation and earnings.

Analyst Recommendations

This is a summary of recent ratings and target prices 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	3	1	3.00
Mid Penn Bancorp Competitors	7497	30259	27867	1491	2.35

Mid Penn Bancorp currently has a consensus target price of $41.00, indicating a potential upside of 16.38%. As a group, “Banks” companies have a potential upside of 14.92%. Given Mid Penn Bancorp’s stronger consensus rating and higher possible upside, analysts clearly believe Mid Penn Bancorp is more favorable than its competitors.

Profitability

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	17.83%	9.06%	1.16%
Mid Penn Bancorp Competitors	15.62%	9.43%	0.93%

Insider and Institutional Ownership

43.1% of Mid Penn Bancorp shares are owned by institutional investors. Comparatively, 48.0% of shares of all “Banks” companies are owned by institutional investors. 7.2% of Mid Penn Bancorp shares are owned by insiders. Comparatively, 9.7% of shares of all “Banks” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Dividends

Mid Penn Bancorp pays an annual dividend of $0.92 per share and has a dividend yield of 2.6%. Mid Penn Bancorp pays out 31.9% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 8.9% and pay out 28.9% of their earnings in the form of a dividend. Mid Penn Bancorp lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.

Earnings and 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	$350.61 million	$56.25 million	12.23
Mid Penn Bancorp Competitors	$9.95 billion	$2.42 billion	21.13

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.

Volatility and Risk

Mid Penn Bancorp has a beta of 0.51, indicating that its share price is 49% less volatile than the S&P 500. Comparatively, Mid Penn Bancorp’s competitors have a beta of 0.61, indicating that their average share price is 39% less volatile than the S&P 500.

Summary

Mid Penn Bancorp competitors beat Mid Penn Bancorp on 9 of the 15 factors compared.

About Mid Penn Bancorp

Mid Penn Bancorp, Inc. is a bank holding company headquartered in Harrisburg, Pennsylvania. Its principal subsidiary, Mid Penn Bank, provides commercial and consumer banking services to individuals, businesses, and organizations. The bank offers deposit accounts, business and personal loans, mortgage lending, cash management, and online and mobile banking. It also provides wealth management and trust services. Mid Penn Bank traces its history to 1868 and serves communities across Pennsylvania, with a network of branches concentrated in the state’s central and eastern regions.