Mid Penn Bancorp (MPB) Covered Calls

Mid Penn Bancorp, Inc. is the bank holding company for Mid Penn Bank, a full-service commercial bank headquartered in Harrisburg, Pennsylvania. The company provides a wide array of financial services, including commercial and retail banking, trust and wealth management, and mortgage services. With a history dating back to 1868, Mid Penn operates numerous retail banking locations throughout Central and Southeastern Pennsylvania, as well as Southern New Jersey.

You can sell covered calls on Mid Penn Bancorp to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for MPB (prices last updated Tue 4:16 PM ET):

Mid Penn Bancorp (MPB) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
32.58 -0.03 13.12 35.25 81K 13 0.8
Covered Calls For Mid Penn Bancorp (MPB)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Mar 20 35 0.00 35.25 -0.7% -10.2%
Apr 17 35 0.00 35.25 -0.7% -4.8%
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Mid Penn Bancorp (MPB) operates as a high-growth community financial institution, balancing traditional relationship banking with aggressive geographic expansion. The company’s core business focuses on small-to-mid-sized business lending, residential mortgages, and consumer banking products. Following a series of strategic acquisitions—most recently the successful integration of 1st Colonial Bancorp—Mid Penn has significantly solidified its footprint in the Philadelphia metropolitan area and expanded its presence into the New Jersey market. This growth strategy is supported by a robust net interest margin and a diversified revenue stream that includes a growing wealth management division.

The company maintains a strong capital position, allowing it to provide consistent shareholder returns through quarterly dividends and opportunistic special dividends. Mid Penn’s lending philosophy is built on a conservative credit culture, targeting high-quality commercial real estate and industrial loans. By leveraging its increased scale, the bank has improved its operating efficiency and technology stack, offering digital banking solutions that rival larger regional competitors while maintaining the personalized service of a community bank.

Competitive Landscape

The Mid-Atlantic banking sector is highly fragmented, with Mid Penn competing against both large regional players and local community banks. Primary competitors in its core Pennsylvania and New Jersey markets include F.N.B. Corporation and Univest Financial Corporation. It also competes for commercial lending and deposit market share with Bar Harbor Bankshares and ACNB Corporation.

MPB differentiates itself through its deep roots in the Pennsylvania market and its "community-first" approach to decision-making. Unlike national banks, Mid Penn’s executive leadership remains highly accessible to commercial clients, allowing for flexible and timely loan structures. The bank’s commitment to its "Mid Penn Bank" brand identity helps it attract retail deposits in suburban and rural markets, providing a low-cost funding base for its commercial lending activities. Additionally, its recent entry into the Philadelphia and New Jersey markets via acquisition has provided a new pipeline for higher-yield commercial and industrial (C&I) lending opportunities.

Strategic Outlook and Innovation

Strategic priorities are centered on organic loan growth and the continued integration of its recent New Jersey expansion. Management is focused on scaling its trust and wealth management services to drive higher fee-based income, reducing its reliance on spread-based revenue. The company is also investing in enhanced cybersecurity and automated underwriting platforms to improve the speed of small business loan approvals. With a stabilized interest rate environment and a dominant position in Central Pennsylvania, Mid Penn is well-positioned to continue its trajectory as a premier Mid-Atlantic regional banking franchise.