Mid Penn Bancorp to acquire Cumberland Advisors, adding $3.3B in AUM

* Mid Penn Bancorp (NASDAQ:MPB [https://seekingalpha.com/symbol/MPB]) has agreed to acquire Cumberland Advisors, a Sarasota, FL-based investment advisory firm.
* Cumberland reported $9M in annualized revenue as of Q2 2025.
* The acquisition adds ~$3.3B in assets under management to Mid Penn.
* The deal is expected to be immediately earnings-accretive upon closing.
* Closing is anticipated in Q4, 2025.
* Cumberland’s leadership and staff will join Mid Penn post-acquisition.
* Source: Press release [https://seekingalpha.com/pr/20245208-mid-penn-bancorp-inc-to-acquire-cumberland-advisors]

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* Seeking Alpha’s Quant Rating on Mid Penn Bancorp [https://seekingalpha.com/symbol/MPB/ratings/quant-ratings]
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