Mid Penn Bank
Mid Penn Bancorp, Inc. is a Pennsylvania-based regional bank holding company that operates Mid Penn Bank, providing commercial and retail banking services through 62 branches across Pennsylvania and southern New Jersey, and investment advisory through its Cumberland Advisors subsidiary.
- Company typePublic
- Founded1868
- HeadquartersMillersburg, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What Mid Penn Bank does
Mid Penn Bancorp, Inc. is a Pennsylvania-chartered bank holding company that operates Mid Penn Bank, a regional commercial and retail banking franchise serving individuals, small and mid-sized businesses, and institutional clients across Pennsylvania and, following recent acquisitions, central and southern New Jersey and the greater Philadelphia metropolitan area. Founded in 1868 and headquartered in Millersburg, PA, the company is publicly traded on NASDAQ under ticker MPB with a market capitalization of approximately $710 million as of January 2026. Following the February 2026 closing of the 1st Colonial Bancorp acquisition, Mid Penn holds approximately $7 billion in total assets and operates 62 retail branch locations.
The company's revenue model is anchored in traditional community banking: net interest income from commercial and consumer lending and deposit gathering, complemented by fee income from wealth management. Q1 2026 total revenues were reported at $64.9 million (adjusted) / $63.25 million (GAAP). In January 2026, Mid Penn expanded into investment advisory by acquiring Sarasota-based Cumberland Advisors, which now operates as Cumberland Advisors, LLC, a wholly owned subsidiary managing approximately $3.2 billion in assets under management and serving individual investors, financial advisors, and institutional clients. The combined business spans core deposit accounts, commercial and consumer lending, and registered investment advisory services.
Distribution is conducted through the 62-branch physical retail network across Pennsylvania and New Jersey, with no specific digital channel strategy articulated in the available sources. Recent corporate actions include a $50 million expansion of the company's stock buyback program authorized through April 2027, multiple insider director share purchases, and the appointment of a new Chief Operating Officer to support integration of the acquired businesses. The input data does not disclose any proprietary technology stack, AI/ML capability, or non-bank digital product surface.
Mid Penn Bank firmographics
Firmographics- Name
- Mid Penn Bank
- Legal name
- Mid Penn Bancorp, Inc.
- Website
- https://midpennbank.com
- Company type
- Public
- Founded year
- 1868
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Mid Penn Bancorp, Inc. is a Pennsylvania-based regional bank holding company that operates Mid Penn Bank, providing commercial and retail banking services through 62 branches across Pennsylvania and southern New Jersey, and investment advisory through its Cumberland Advisors subsidiary.
- Ownership category
- akta.pro rank
Mid Penn Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industry
- Bank-Affiliated Retail Wealth Management (FSAAAAAB)
Keywords
Where Mid Penn Bank is headquartered
LocationHeadquarters
- HQ city
- Millersburg
- HQ country
- United States
- HQ region
- North America
Markets served
Mid Penn Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Distribution channels1 record
Mid Penn Bank product offering
Product offeringCore offering
Mid Penn Bank operates as a regional banking subsidiary of Mid Penn Bancorp, offering full-service commercial and retail banking including deposit accounts, commercial lending, and personalized community banking relationships through 62 retail locations across Pennsylvania and central/southern New Jersey. Following the 1st Colonial Bancorp and Cumberland Advisors acquisitions, the bank also provides investment advisory services managing approximately $3.2 billion in assets under management.
Product overview
Mid Penn Bank operates as a regional banking subsidiary of Mid Penn Bancorp, offering core banking services through 62 retail locations across Pennsylvania and central/southern New Jersey. Following the acquisition of 1st Colonial Bancorp (including 1st Colonial Community Bank) in February 2026 and Cumberland Advisors in January 2026, the company has expanded to approximately $7 billion in total assets and $3.2 billion in assets under management through its investment advisory subsidiary.
Differentiator
Problem solved
Functional benefit
Products and services
- Mid Penn Bank Regional Banking
- Cumberland Advisors, LLC Investment Advisory
Companies that use Mid Penn Bank
Customer profileIdeal customer profiles3 records
Mid Penn Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Mid Penn Bank partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- 1st Colonial Bancorp, Inc.coreMid Penn Bancorp completed acquisition of 1st Colonial Bancorp, Inc. in a cash-and-stock transaction valued at approximately $106.1 million. 1st Colonial Community Bank was merged into Mid Penn Bank, extending Mid Penn's presence into the greater Philadelphia metropolitan area and southern New Jersey. The combined entity has approximately $7 billion in total assets.
- Cumberland Advisors, Inc.coreMid Penn Bancorp completed acquisition of Sarasota-based Cumberland Advisors, bringing approximately $3.2 billion in assets under management. Cumberland operates as Cumberland Advisors, LLC, a newly formed subsidiary of Mid Penn, expanding the company's financial solutions offerings to include investment advisory services.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Mid Penn Bank competitors and assessment
Company assessmentDirect peers
- Univest Financial Corporation: Univest is a Pennsylvania-based bank holding company providing commercial, retail, and wealth management services across southeastern PA and the greater Philadelphia region, directly overlapping Mid Penn's core footprint.
- Tompkins Financial Corporation: Tompkins Financial is a NY- and PA-based community bank holding company offering commercial, retail, and wealth management services, with similar acquisition-driven growth patterns in the Northeast/Mid-Atlantic.
- Customers Bancorp: Customers Bancorp is a Pennsylvania-headquartered bank holding company with commercial and consumer banking operations across the Mid-Atlantic, offering a comparable mix of commercial lending and retail deposits.
- WSFS Financial Corporation: WSFS is a Delaware Valley-based regional bank holding company operating in PA, NJ, and DE with commercial banking, retail, and wealth management. Its Philadelphia-area footprint overlaps substantially with Mid Penn's post-1st Colonial geography.
- ACNB Corporation: ACNB Corporation is a Pennsylvania-based community bank holding company with retail and commercial banking across south-central PA and northern MD, comparable in scale and community-banking orientation to Mid Penn.
- Fulton Financial Corporation: Fulton Financial is a Pennsylvania-headquartered regional bank holding company operating across PA, NJ, MD, DE, VA, and DC with comparable community/commercial banking and wealth management offerings, directly overlapping Mid Penn's footprint and product set.
- Lakeland Bancorp: Lakeland Bancorp is a New Jersey-based community bank holding company serving northern and central NJ with commercial and retail banking, directly comparable to Mid Penn's NJ expansion following the 1st Colonial acquisition.
- Peapack-Gladstone Financial Corporation: Peapack-Gladstone is a New Jersey-based commercial and private banking franchise serving high-net-worth clients and businesses, comparable in scale and in its NJ market overlap with Mid Penn's expanded footprint.
- FNB Corporation: FNB Corporation is a Pittsburgh-based regional bank with a strong Pennsylvania and Mid-Atlantic branch network offering commercial lending, retail banking, and wealth management — a directly comparable peer in scale and geography.
Broad incumbents
- Sandy Spring Bancorp: Sandy Spring Bancorp is a larger Mid-Atlantic regional bank holding company operating across MD, VA, DC, and PA with commercial banking, mortgage, and wealth management — broader in scale and geography but overlapping Mid Penn's Mid-Atlantic presence.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Mid Penn Bank social profiles
Digital presenceMid Penn Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mid Penn Bank leadership team
Management profileNumber of profiles
Profiles14 records
Mid Penn Bank subsidiaries and ownership
Company hierarchySubsidiaries2 records
Mid Penn Bank funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mid Penn Bank M&A and investment
M&A and investmentM&A4 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mid Penn Bank
What does Mid Penn Bank do?
Mid Penn Bank operates as a regional banking subsidiary of Mid Penn Bancorp, offering full-service commercial and retail banking including deposit accounts, commercial lending, and personalized community banking relationships through 62 retail locations across Pennsylvania and central/southern New Jersey. Following the 1st Colonial Bancorp and Cumberland Advisors acquisitions, the bank also provides investment advisory services managing approximately $3.2 billion in assets under management.
Is Mid Penn Bank a public or private company?
Mid Penn Bank is a public company. It is classified as public and is currently operating.
When was Mid Penn Bank founded?
Mid Penn Bank was founded in 1868. It employs 501 to 1,000 people.
Where is Mid Penn Bank based?
Mid Penn Bank is headquartered in Millersburg, United States, in the North America region.
Who are Mid Penn Bank's main competitors?
Direct peers on record are Univest Financial Corporation, Tompkins Financial Corporation, Customers Bancorp, WSFS Financial Corporation, ACNB Corporation, Fulton Financial Corporation, Lakeland Bancorp, Peapack-Gladstone Financial Corporation and FNB Corporation. Sandy Spring Bancorp is listed as a broad incumbent.
Does Mid Penn Bank have an API?
No public API is recorded for Mid Penn Bank.
What industry is Mid Penn Bank in?
Mid Penn Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSAAAAAB, Bank-Affiliated Retail Wealth Management. Its NAICS code is 52211 and its SIC code is 6022.