Mid Penn Bancorp Announces Merger with 1st Colonial

Mid Penn Bancorp ( (MPB) ) has provided an update.

On September 24, 2025, Mid Penn Bancorp announced a merger agreement to acquire 1st Colonial Bancorp in a transaction valued at approximately $101 million, expected to close in early 2026. This strategic acquisition will expand Mid Penn’s footprint into the greater Philadelphia metropolitan area, enhancing its financial capacity and service offerings, and is projected to be immediately accretive to earnings per share.

The most recent analyst rating on (MPB) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on Mid Penn Bancorp stock, see the MPB Stock Forecast page.

Spark’s Take on MPB Stock

According to Spark, TipRanks’ AI Analyst, MPB is a Outperform.

Mid Penn Bancorp’s overall stock score is driven by strong technical indicators and positive corporate events, including strategic acquisitions that enhance its market position. Financial performance is stable, with room for improvement in profitability and cash flow efficiency. The valuation is reasonable, supported by a fair P/E ratio and attractive dividend yield.

To see Spark’s full report on MPB stock, click here.

More about Mid Penn Bancorp

Mid Penn Bancorp, Inc., headquartered in Harrisburg, Pennsylvania, is the parent company of Mid Penn Bank, a full-service commercial bank operating 59 retail locations across Pennsylvania and central and southern New Jersey. The company offers a comprehensive portfolio of financial products and services. 1st Colonial Bancorp, Inc., headquartered in Mount Laurel, New Jersey, is the parent company of 1st Colonial Community Bank, providing a range of business and consumer financial services with an emphasis on customer service.

Average Trading Volume: 118,356

Technical Sentiment Signal: Strong Buy

Current Market Cap: $692.3M

Find detailed analytics on MPB stock on TipRanks’ Stock Analysis page.