Stock fact sheet · data as of
Mid Penn Bancorp, Inc. (MPB): fair value, margin of safety and Wheel Score
Financial Services · Banks - Regional · United States · Defensive
Is MPB undervalued?
Mid Penn Bancorp, Inc. (MPB) closed at 35.97 on 16 Oct 2026. The GLS average fair value - the simple average of the 8 valuation models that produced a positive number - is 51.18, so the price sits 30% below it. 5 of the 8 models value the shares above the current price. A margin of safety between 10% and 30% is where most of the Sunday Scan candidates come from.
There is a wide gap between GLS Growth (3.98) and 10 Cap (100.51). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files MPB under Defensive: a low beta, a dividend and positive earnings.
Nine valuation models for MPB
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 50.79 | +41% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 98.99 | +175% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 38.11 | +6% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 3.98 | -89% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 100.51 | +179% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 70.54 | +96% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 13.83 | -62% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 32.70 | -9% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -206.75 | -675% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 40.00 | +11% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Mid Penn Bancorp, Inc. scores 8 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the Sunday Scan's "6 or more" rule with room to spare. A GLS Moat score of 4.3/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are moderate - ROIC 6.4%, ROE 6.9%, ROA 0.9% - with debt at 0.07 times equity and a free-cash-flow yield of 10.1%.
The dividend yield is 2.61% at a payout ratio of 32%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Fiduciary and Trust 57%, Debit Card 17%, Mortgage Banking 16% (quarter Q2 FY2026).
Institutional ownership scores 7/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 8 / 9 | ROIC | 6.4% |
|---|---|---|---|
| GLS Moat | 4.3 / 10 | ROE | 6.9% |
| Debt / equity | 0.07 | ROA | 0.9% |
| Free-cash-flow yield | 10.1% | Payout ratio | 32% |
| Institutions | 7 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 78: Good
With a Wheel Score of 78 - the Good band - Mid Penn Bancorp, Inc. clears the Sunday Scan's "70 or higher" rule. The parts: Value 25/25, Health 18/20, Moat 6/15, Premium 20/20, Stability 9/20; Moat (6/15) scores lowest.
Implied volatility is 41% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 244 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 133k shares a day on a market cap of $911M, with a beta of 0.48 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 9 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 30% margin of safety | |
| Health | 18 / 20 | Piotroski 8/9 | |
| Moat | 6 / 15 | moat 4.3/10 | |
| Premium | 20 / 20 | implied volatility 41% | |
| Stability | 9 / 20 | 133k shares/day, $911M cap, beta 0.48 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
Mid Penn Bancorp, Inc. reports earnings on 28 Oct 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to Mid Penn Bancorp, Inc. by market cap within the Banks - Regional industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| FCBC First Community Bankshares, Inc. | 48.19 | 38.24 | -26% | 47Weak | $911M |
| NBBK NB Bancorp, Inc. Common Stock | 22.37 | 59.58 | +62% | 72Good | $913M |
| TRST TrustCo Bank Corp NY | 53.87 | 44.21 | -22% | 53Fair | $917M |
| HAFC Hanmi Financial Corporation | 30.94 | 54.12 | +43% | 79Good | $917M |
| SBSI Southside Bancshares, Inc. | 30.22 | 39.38 | +23% | 74Good | $901M |
| FMNB Farmers National Banc Corp. | 15.20 | 20.95 | +27% | 76Good | $901M |
| CPF Central Pacific Financial Corp. | 36.10 | 45.89 | +21% | 75Good | $929M |
| CAC Camden National Corp. | 55.87 | 75.95 | +26% | 74Good | $944M |
| THFF First Financial Corporation | 73.01 | 103.28 | +29% | 75Good | $868M |
| EQBK Equity Bancshares, Inc. | 46.68 | 58.58 | +20% | 65Good | $961M |
| EGBN Eagle Bancorp, Inc. | 28.02 | 19.06 | -47% | 41Weak | $854M |
| SMBK SmartFinancial, Inc. | 49.76 | 53.46 | +7% | 65Good | $851M |
⚖ Compare MPB with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about MPB
Is MPB undervalued right now?
By the GLS models, moderately: at 35.97 the stock trades 30% below the average fair value of 51.18 (data as of 16 Oct 2026).
What is the Wheel Score of MPB and what does it mean?
MPB scores 78 out of 100 (Good). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for MPB?
51.18 per share as of 16 Oct 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Mid Penn Bancorp, Inc. report earnings next?
The next earnings report is due on 28 Oct 2026 (after the close), 12 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does MPB have listed options, and how liquid are they?
Yes. The nightly snapshot found 86 listed contracts with 244 open interest across all expiries and implied volatility of 41% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.