Mid Penn Bancorp Announces Two Major Acquisitions

Tip Ranks
2025.11.10 21:17
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Mid Penn Bancorp, Inc. has announced two major acquisitions: 1st Colonial Bancorp, Inc. and Cumberland Advisors, Inc., aimed at enhancing its market position and operational capabilities. The announcement, made in November 2025, highlights potential benefits and risks, including regulatory approvals. Analysts rate MPB stock as a Buy with a $31.00 price target, reflecting strong financial performance and an attractive valuation. The company is focused on expanding its market presence through strategic acquisitions.