COMP <GO>

MPB vs V // FORWARD P/E MULTIPLE

Mid Penn Bancorp (NASDAQ) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: MPB 3 — V 4

▲ FORWARD P/E MULTIPLE LEADER: MPB

LAST: $34.52 (+2.37%) • MKT CAP: $874.8M

forward-pe

14.3x

LAST: $425.51 (+2.88%) • MKT CAP: $760.28B

forward-pe

34.0x

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MPB VS. V) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	MPB	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	6.90%	32.30%	-25.40	V	/roic <GO>
EV/EBITDA & P/E Valuation	—	28.9x	—	TIE	/valuation <GO>
Free Cash Flow Yield	8.26%	2.90%	+5.36	MPB	/fcf-yield <GO>
Operating Margin	—	60.00%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	50.10%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	11.30%	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	2.09%	0.63%	+1.46	MPB	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	9.09	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	5/9	9/9	-4.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	43.2	74.2	-31.00	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	1.06	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple ACTIVE	14.3x	34.0x	-19.70	MPB	/forward-pe <GO>
Enterprise Scale & Market Cap	$874.8M	$760.28B	-$759.41B	V	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	MPB REV	V REV	MPB GROSS %	V GROSS %	MPB FCF	V FCF
FY 2025	$2.58B	$40.00B	—	—	$71.8M	$21.26B
FY 2024	$2.30B	$35.93B	—	—	$44.5M	$18.33B
FY 2023	$198.9M	$32.65B	—	—	$52.3M	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

MPB // BETA —

V // BETA 1.06