Mid Penn Bancorp, Inc. announced the completion of its acquisition of Cumberland Advisors, Inc.
Cumberland Advisors had approximately $3.2 billion in assets under management as of December 31, 2025.
Cumberland Advisors has been merged with a newly formed acquisition subsidiary of Mid Penn, operating as Cumberland Advisors, LLC.
The acquisition of Cumberland Advisors by Mid Penn Bancorp signifies a strategic move to bolster its market position and enhance its financial services offerings.
Cumberland Advisors' sizable $3.2 billion assets under management provide Mid Penn with a significant growth opportunity and expanded financial capabilities.
Through the merger, Mid Penn aims to capitalize on Cumberland Advisors' established client base to fuel its expansion efforts and strengthen its footprint in the financial services industry.
Acquisition Completion
The acquisition of Cumberland Advisors by Mid Penn Bancorp was finalized on January 1, 2026, marking a significant milestone in Mid Penn's growth strategy and market positioning.
Assets Under Management
Cumberland Advisors managed approximately $3.2 billion in assets as of December 31, 2025, offering Mid Penn Bancorp a substantial asset base to drive revenue generation and client value.
Merger Details
Cumberland Advisors has been merged with a new subsidiary of Mid Penn, now operating as Cumberland Advisors, LLC, a strategic integration aimed at leveraging synergies and enhancing operational efficiency.
- The acquisition of Cumberland Advisors bolsters Mid Penn's competitive edge in the financial services sector, positioning the company for accelerated growth and enhanced market penetration.
- By expanding its reach through Cumberland Advisors' diverse client base, Mid Penn gains access to new markets both nationally and internationally, paving the way for increased revenue streams and business opportunities.
The acquisition of Cumberland Advisors reinforces Mid Penn's strategic vision and commitment to excellence in providing comprehensive financial solutions to its clients. This transformative move is poised to drive Mid Penn Bancorp's growth trajectory and solidify its position as a key player in the financial services industry.