Mid Penn Bancorp Reports Third-Quarter 2026 Results, Appoints COO
Mid Penn reported net income of $21.6 million, or $0.84 per share, and core income of $22.2 million, or $0.88 per share. Net interest margin was 3.92%, compared with 3.60% a year earlier. The company also appointed Margaret Steinour as executive vice president and chief operating officer of Mid Penn Bank.
Mid Penn Bancorp, Inc. reported third-quarter 2026 net income of $21.6 million, or $0.84 per share, with core income reaching $22.2 million, or $0.88 per share. The company's net interest margin improved to 3.92%, compared to 3.60% in the same period last year. Alongside the financial results, the company announced the appointment of Margaret Steinour as executive vice president and chief operating officer of its subsidiary, Mid Penn Bank.
In her new role, Steinour will oversee the bank's loan, deposit, and treasury operations.