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Mid Penn Bancorp (Mid Penn Bancorp) Debt-to-Equity : 0.66 (As of Dec. 2023)


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What is Mid Penn Bancorp Debt-to-Equity?

Mid Penn Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $241.5 Mil. Mid Penn Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $114.6 Mil. Mid Penn Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $542.4 Mil. Mid Penn Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 0.66.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Mid Penn Bancorp's Debt-to-Equity or its related term are showing as below:

MPB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 0.52   Max: 1.13
Current: 0.64

During the past 13 years, the highest Debt-to-Equity Ratio of Mid Penn Bancorp was 1.13. The lowest was 0.30. And the median was 0.52.

MPB's Debt-to-Equity is ranked better than
51.69% of 1393 companies
in the Banks industry
Industry Median: 0.67 vs MPB: 0.64

Mid Penn Bancorp Debt-to-Equity Historical Data

The historical data trend for Mid Penn Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mid Penn Bancorp Debt-to-Equity Chart

Mid Penn Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.51 0.34 0.34 0.66

Mid Penn Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.43 0.48 0.66 0.64

Competitive Comparison of Mid Penn Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Mid Penn Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mid Penn Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mid Penn Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mid Penn Bancorp's Debt-to-Equity falls into.



Mid Penn Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mid Penn Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Mid Penn Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mid Penn Bancorp  (NAS:MPB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Mid Penn Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Mid Penn Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Mid Penn Bancorp (Mid Penn Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2407 Park Drive, Harrisburg, PA, USA, 17110
Mid Penn Bancorp Inc operates in the financial services domain. It conducts commercial banking and trust business in the United States. Its range of services comprises mortgage and home equity loans, secured and unsecured consists and consumer loans, lines of credit, construction financing, farm loans, community development, and local government loans, and various types of time and demand deposits.
Executives
Hudson Brian Arden Sr. director 2407 PARK DRIVE, HARRISBURG PA 17110
Theodore W Mowery director 2407 PARK DRIVE, HARRISBURG PA 17110
Robert C Grubic director 2407 PARK DRIVE, HARRISBURG PA 17110
De Soto Matthew G director 2407 PARK DRIVE, HARRISBURG PA 17110
Albert J. Evans director 2407 PARK DRIVE, HARRISBURG PA 17110
Robert A Abel director 2407 PARK DRIVE, HARRISBURG PA 17110
Kimberly J Brumbaugh director 349 UNION STREET, MILLERSBURG PA 17061
Joel L. Frank director 2407 PARK DRIVE, HARRISBURG PA 17110
Bruce A Kiefer director 2407 PARK DRIVE, HARRISBURG PA 17110
John E Noone director 2407 PARK DRIVE, HARRISBURG PA 17110
Frank Jr Gumina director 98 FAIRWAY BLVD, MONROE TOWNSHIP NJ 08831
Maureen M. Gathagan director 2407 PARK DRIVE, HARRISBURG PA 17110
Rory G Ritrievi director, officer: President & CEO 2407 PARK DRIVE, HARRISBURG PA 17110
Quandel Noble C Jr director 2407 PARK DRIVE, HARRISBURG PA 17110
Gregory M Kerwin director 2407 PARK DRIVE, HARRISBURG PA 17110