Mid Penn Bancorp · NASDAQ:MPB
Mid Penn Bancorp — Investor Presentation (July 2025)
15 slides from Mid Penn Bancorp's investor presentation, Jul 29, 2025
Slide 1: Mid Penn Bancorp, Inc. Investor Presentation July 2025
1 DRAFT 04.07.2021 MID PENN BANCORP, INC. Investor Presentation July 2025
Slide 2: Cautionary Notice Regarding Forward-Looking Statements
2 Cautionary Notice Regarding Forward-Looking Statements This presentation regarding Mid Penn Bancorp, Inc. (“Mid Penn”), and oral statements made regarding the subjects of this release, contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. S
Slide 3: Experienced Management Team
3 Experienced Management Team Source: Company Documents. Years in Industry Years at MPB PositionExecutive 3916Chair, President & Chief Executive OfficerRory G. Ritrievi 2016 Sr. EVP / President of Commercial and Consumer Banking & Chief Revenue Officer Scott W. Micklewright 2013Sr. EVP / Chief Finan
Slide 4: Mid Penn Bank Regional Presidents
4 Mid Penn Bank Regional Presidents Source: Company Documents. Years in Industry Years at MPB Position / RegionExecutive 2014Sr. VP / Upper Dauphin RegionNatalie L. Falatek 318Sr. VP / Schuylkill & Luzerne CountiesMark F. Ketch 158Sr. VP / Brunswick RegionKeith C. Rada 406Sr. VP / Berks CountyJoseph
Slide 5: I. Company Overview & 2025 Q2 Update
5 I. Company Overview & 2025 Q2 Update
Slide 6: Mid Penn Bancorp, Inc. Overview at June 30, 2025
6 Mid Penn Bancorp, Inc. Overview at June 30, 2025 Source: S&P Global Market Intelligence, Company Documents. Note: Financial information as of or for the quarter ended June 30, 2025. (1) Annualized financial metric. (2) Non-GAAP financial metric. Please see Appendix for GAAP to non-GAAP reconciliat
Slide 7: Refresher: William Penn Strategic Acquisition
7 $4.7 $5.4 9/30/2024 6/30/2025 $5.5 $6.4 9/30/2024 6/30/2025 Source: S&P Global Market Intelligence, Company Documents. Note: Financial information as of or for the quarter ended June 30, 2025. (1) Branch map and counts at the time of transaction announcement on November 1, 2024. (2) Metrics and im
Slide 8: William Penn Strategic Acquisition Metrics - Update
8 William Penn Strategic Acquisition Metrics - Update Source: Company Filings; Company Management. • Strategically Attractive ‒ Accelerates market expansion into Greater Philadelphia, Bucks County, and key growth corridors in southern and central New Jersey • Financially compelling ‒ Reduces combine
Slide 9: Strengthening Our Foundation for Sustainable Growth
9 Strengthening Our Foundation for Sustainable Growth The late 2024 capital raise and William Penn deal, combined with execution of our organic deposit growth plan, has materially enhanced our balance sheet In the near-term: – We are focused on integrating William Penn – Overall loan growth has
Slide 10: MPB: Track Record of Successful M&A Post-Close Optimization
10 $1.48 $2.80 2018Y 2025Q2 Ann. 0.8% 0.8% 0.7% 0.9% 0.8% 1.0% 1.1% 1.2% 0.9% 0.9% 1.0% MPB: Track Record of Successful M&A Post-Close Optimization Source: S&P Global Market Intelligence, Company Filings. (1) Non-GAAP financial metric used for 2025Q2. Please see Appendix for GAAP to non-GAAP reconci
Slide 11: Compelling Valuation vs. Public Banks
11 Compelling Valuation vs. Public Banks Source: S&P Global Market Intelligence; Company Filings. Note: Core EPS for 2025Q2 used for MPB, Non-GAAP financial metric. Please see Appendix for GAAP to non-GAAP reconciliation. Note: Market data and median analyst consensus estimates as of 7/24/2025; Most
Slide 12: Appendix
MID PENN BANCORP. Appendix
Slide 13: Non-GAAP Reconciliation
13 Non-GAAP Reconciliation ($000s) 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 Net Income Available to Common Shareholders $11,771 $12,301 $13,232 $13,742 $4,762 Less: BOLI Death Benefit Income 487 4 615 83 1 Plus: Merger and Acquisition Expenses 0 109 436 314 11,011 Plus: Compensation expense for accelerate
Slide 14: Non-GAAP Reconciliation
14 Non-GAAP Reconciliation Source: S&P Global Market Intelligence, Company Filings. ($000s) For the Years Ended December 31, As of June 30, 2018 2019 2020 2021 2022 2023 2024 2025Q2 Total Common Equity $223,209 $237,874 $255,688 $490,076 $512,099 $542,350 $655,018 $775,708 Goodwill 62,840 62,840 62,
Slide 15: Non-GAAP Reconciliation
15 Non-GAAP Reconciliation 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 Net Income Available to Common Shareholders $12,133 $11,771 $12,301 $13,232 $13,742 $4,762 Plus: Intangible Amortizations, Net of Tax 338 336 363 372 338 588 $12,471 $12,107 $12,664 $13,604 $14,080 $5,350 Average Shareholder's Equi