Mid Penn, Northwest, Susquehanna banks report quarterly earnings

October 25. 2012 11:00AM - Last modified: October 25. 2012 11:03AM

Tim Stuhldreher

Three banks with midstate operations reported results for the third fiscal quarter of 2012.

Mid Penn Bancorp Inc. reported net income of $1.14 million, or 33 cents per diluted share, compared with net income of $1 million, or 29 cents per diluted share, in the third quarter of 2011.

No analyst estimates were available on Yahoo Finance.

Mid Penn, based in Millersburg, is the parent company of Mid Penn Bank. Its shares trade on the Nasdaq under the ticker symbol MPB.

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Northwest Bancshares Inc. reported net income of $15.7 million, or 17 cents per diluted share, compared with net income of $16.7 million, or 17 cents per diluted share, in the third quarter of 2011.

Analysts had expected earnings of 18 cents per diluted share, according to Yahoo Finance.

Northwest, based in Warren, is the parent company of Northwest Savings Bank, which has 20 midstate branches. Its shares trade on the Nasdaq under the ticker symbol NWBI.

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Susquehanna Bancshares Inc. reported net income of $36.7 million, or 20 cents per diluted share, compared with net income of $15 million, or 12 cents per diluted share, in the third quarter of 2011.

Analysts had expected earnings of 21 cents per diluted share, according to Yahoo Finance.

Susquehanna, based in Lititz, is the parent company of Susquehanna Bank. Its shares trade on the Nasdaq under the ticker symbol SUSQ.

 


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