Rory Ritrievi - Mid Penn CEO

MPB Stock  USD 31.35  -0.42  -1.32%   

CEO

Mr. Rory G. Ritrievi is President, Chief Executive Officer, Director of Mid Penn Bancorp Inc., and President, Chief Executive Officer of Mid Penn Bank. He was a director since February 25, 2009. On February 25, 2009, Mr. Ritrievi joined the Corporation and the Bank as President and Chief Executive Officer. Mr. Ritrievi has worked in the financial services industry for more than 25 years. He previously served as Senior Executive Vice PresidentMarket President and Chief Lending Officer of Commerce BankHarrisburg, where he managed all aspects of the customer experience including the retail network, lending, marketing and public relations. As Chief Lending Officer, he was responsible for loan production, credit quality and credit administration since 2009.
Age 62
Tenure 17 years
Address 2407 Park Drive, Harrisburg, PA, United States, 17110
Phone866 642 7736
Webhttps://www.midpennbank.com
Ritrievi holds a Juris Doctor from Widener University School of Law and a Bachelor of Arts Degree in Economics from the University of Pittsburgh. He was awarded the Widener University School of Law Distinguished Young Alumni honor in 1999. In addition to being named one of Central Penn Business Journal’s Forty under 40, Mr. Ritrievi earned the Central PA Chapter of The Leukemia and Lymphoma Society’s Man of the Year award in 2003. He is currently serving on the Board of Directors of the Pennsylvania Association of Community Bankers.

Rory Ritrievi Latest Insider Activity

Insider activity for Rory Ritrievi can add context to Mid Penn by showing net buying or selling trends across reporting periods. Use filings as supporting evidence, not a standalone signal, because transaction motives can differ.

Mid Penn Management Efficiency

The company has Return on Asset of 0.85 % which suggests that it is generating $0.85 of profit per $100 of assets. This is below typical for similar companies. In the same way, it shows a return on shareholders' equity (ROE) of 7.31 %, which suggests that it generated $7.31 in profit per $100 of stockholder equity.
Mid Penn Bancorp has $59.38 M in debt with debt to equity (D/E) ratio of 12.3, demonstrating that Mid Penn Bancorp may be unable to create cash to meet all of its financial commitments. Nevertheless, prudent borrowing could serve as an effective mechanism for Mid to finance growth opportunities yielding strong returns.

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Mid Penn Bancorp, Inc. operates as the bank holding company for Mid Penn Bank that provides commercial banking services to individuals, partnerships, non-profit organizations, and corporations. The company was founded in 1868 and is headquartered in Harrisburg, Pennsylvania. Mid Penn operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 573 people. Mid Penn Bancorp (MPB) is listed on NASDAQ Exchange in USA. Mid Penn is categorized in the Regional Banks sector.

Management Performance

Mid Penn Bancorp Leadership Team

Elected by the shareholders, the Mid Penn's board of directors comprises two types of representatives: Mid Penn inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mid. The board's role is to monitor Mid Penn's management team and ensure that shareholders' interests are well served. Mid Penn's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mid Penn's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joan Dickinson, Ex Office
Kenneth Stephon, Chief Director
Scott Micklewright, Chief Lending Officer of Mid Penn Bank and Executive VP of Mid Penn Bank
Allison Johnson, EVP CFO
Tracie Youngblood, Senior Officer
Elizabeth Martin, Corporate Secretary
Heather Hall, Executive President
CFP CFP, Ex Bank
Zachary Miller, First Officer
Margaret Steinour, Senior Officer
Rory Ritrievi, CEO and President Director, Member of Executive Committee, CEO of Mid Penn Bank and President of Mid Penn Bank and Director of Mid Penn Bank
Joseph CFP, Executive Bank
Jordan Space, Chief Officer
Justin Webb, Senior Vice President and Chief Credit Officer of the Mid Penn Bank

Mid Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Mid Penn a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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More Resources for Mid Stock Analysis

Reviewing Mid Penn Bancorp commonly begins with financial statements and performance trends. Key ratios help frame profitability, efficiency, and growth context for Mid Penn Bancorp Stock. Below are reports that help frame Mid Penn Bancorp Stock in context:
Mid Penn has a market cap of 792.54 M, operating margin of 46.88%, ROE of 7.31%. See Correlation Analysis for portfolio-level analysis. This suggests a position in Mid Penn Bancorp across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Analysis related to Mid Penn should be read together with other portfolio and risk tools before capital is reallocated. That is especially important when the goal is to improve the overall mix of instruments already held. You can also try the Stocks Directory module to find actively traded stocks across global markets.
 Quarterly Earnings Growth
0.15
 Dividend Share
0.82
 Earnings Share
2.53
 Revenue Per Share
10.15
 Quarterly Revenue Growth
0.335
Understanding Mid Penn Bancorp includes distinguishing between market value and book value, where book value reflects Mid accounting equity. Mid Penn's market capitalization is 792.54 M. A P/B ratio of 0.97 suggests Mid Penn trades near or below book value. Enterprise value stands at 683.03 M. The intrinsic value concept focuses on underlying worth, which can diverge from market price and book value. Valuation work aligns these measures into a single context.
The concept of value for Mid Penn differs from its quoted price, since each reflects a different lens. For Mid Penn, key inputs include a P/E ratio of 9.1, a P/B ratio of 0.97, a profit margin of 23.95%, and ROE of 7.31%. By contrast, market price reflects the level where buyers and sellers transact.