Mid Penn Bancorp to acquire William Penn Bancorp for $127M
Written by Emily J. Thompson, Senior Investment Analyst
Merger Announcement: Mid Penn Bancorp (MPB) and William Penn Bancorporation (WMPN) have agreed to a merger in an all-stock transaction valued at approximately $127 million, expected to close in the first half of 2025, pending regulatory and shareholder approvals.
Shareholder Details: William Penn shareholders will receive 0.4260 shares of Mid Penn stock for each share they own, with the merger anticipated to enhance Mid Penn's earnings per share and improve its profitability ratios.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
