10:46 AM EDT, 05/01/2025 (MT Newswires) -- Mid Penn Bancorp ( MPB ) said Thursday it has completed its acquisition of William Penn Bancorporation.

William Penn's banking unit William Penn Bank has been merged with and into Mid Penn's subsidiary bank Mid Penn Bank, the company said.

The all-stock deal was valued at about $120 million and the combined company has about $6.3 billion in assets, Mid Penn said.

Shares of Mid Penn were up 1.8% in recent trading Thursday.

Price: 29.57, Change: +0.52, Percent Change: +1.77