Meridian Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Interest Income	91.1	87.68	71	68.94	70.13	63.11
Net Interest Income Growth	22.84%	23.50%	2.98%	-1.69%	11.12%	28.81%
Non-Interest Income	39.1	39.18	41.34	31.97	41.72	87.99
Non-Interest Income Growth	-3.17%	-5.22%	29.33%	-23.39%	-52.58%	1.23%
Revenues Before Loan Losses	130.2	126.86	112.34	100.91	111.85	151.1
Provision for Credit Losses	17.43	15.15	11.4	6.82	2.49	1.07
Revenue	112.77	111.71	100.94	94.09	109.36	150.03
Revenue Growth (YoY)	11.88%	10.67%	7.27%	-13.96%	-27.11%	17.57%
Compensation Expenses	52.28	51.28	47.27	47.38	54.38	78.87
Selling, General & Admin	20.04	19.58	20.18	19.3	18.26	16.2
Other Non-Interest Expenses	12.4	12.45	11.7	10.45	8.81	8.66
Total Non-Interest Expense	84.72	83.3	79.15	77.13	81.44	103.73
Pretax Income	27.85	28.4	21.79	16.97	27.92	46.3
Provision for Income Taxes	6.4	6.57	5.44	3.72	6.09	10.72
Net Income	21.44	21.84	16.35	13.24	21.83	35.59
Net Income to Common	21.44	21.84	16.35	13.24	21.83	35.59
Net Income Growth	33.44%	33.59%	23.43%	-39.33%	-38.66%	34.60%
Shares Outstanding (Basic)	9	0	0	11	12	12
Shares Outstanding (Diluted)	9	0	0	11	12	12
Shares Change (YoY)	2.80%	2.62%	-99.90%	-6.69%	-1.68%	0.31%
EPS (Basic)	1.88	1.93	1.47	1.19	1.85	2.96
EPS (Diluted)	1.85	1.89	1.45	1.16	1.79	2.87
EPS Growth	30.28%	30.34%	25.00%	-35.20%	-37.63%	34.43%
Shares Outstanding	11.88	11.83	11.24	11.18	11.47	12.22
Free Cash Flow	7.34	22.57	9.03	17.03	81.76	159.75
Free Cash Flow Growth	-67.45%	149.93%	-46.98%	-79.17%	-48.82%	-
Free Cash Flow Per Share	0.85	1955.80	803.08	1.50	6.70	12.87
Dividends Per Share	0.530	0.515	0.500	0.500	0.400	0.287
Dividend Growth	2.91%	3.00%	-	25.00%	39.13%	130.00%
Profit Margin	19.02%	19.55%	16.19%	14.07%	19.96%	23.72%
FCF Margin	6.51%	20.20%	8.95%	18.10%	74.76%	106.48%
EBITDA	-0.27	-0.29	0.82	0.43	-1.41	-5.92
EBITDA Margin	-0.24%	-0.26%	0.81%	0.46%	-1.29%	-3.95%
Effective Tax Rate	22.99%	23.12%	24.97%	21.95%	21.82%	23.15%

SEC Filings: 10-K · 10-Q