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Meridian Corporation (MRBK)

Stock Price: $17.68 USD -0.26 (-1.45%)
Updated Oct 23, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 107.76M
Revenue (ttm) 86.12M
Net Income (ttm) 14.68M
Shares Out 6.10M
EPS (ttm) 2.32
PE Ratio 7.62
Forward PE n/a
Dividend $0.50
Dividend Yield 2.83%

Stock Quote

Trading Day Oct 23, 2020
Last Price $17.68
Previous Close $17.94
Change ($) -0.26
Change (%) -1.45%
Day's Open 18.16
Day's Range 16.37 - 18.20
Day's Volume 8,326
52-Week Range 10.68 - 20.89

More Stats

Market Cap 107.76M
Enterprise Value 334.32M
Earnings Date (est) n/a
Ex-Dividend Date Aug 7, 2020
Shares Outstanding 6.10M
Float 5.33M
EPS (basic) 2.34
EPS (diluted) 2.32
FCF / Share -10.73
Dividend $0.50
Dividend Yield 2.83%
Earnings Yield 13.12%
FCF Yield n/a
Payout Ratio n/a
Shares Short 55,234
Short Ratio 2.59
Short % of Float 1.04%
Beta 0.48
PE Ratio 7.62
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 1.25
PB Ratio 0.87
Revenue 86.12M
Operating Income 19.01M
Net Income 14.68M
Free Cash Flow -65.39M
Net Cash -226.56M
Net Cash / Share -37.17
Gross Margin 79.58%
Operating Margin 22.07%
Profit Margin 17.00%
FCF Margin -75.93%
ROA 1.11%
ROE 12.24%
ROIC 1.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

(11.26% upside)
Current: $17.68
Target: 19.67
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Revenue Growth8.04%-0.07%-
Gross Profit68.5363.4463.48
Operating Income13.5110.495.79
Net Income10.488.163.03
Shares Outstanding6.416.41-
Earnings Per Share1.631.270.49
EPS Growth28.35%159.18%-
Operating Cash Flow21.5711.0310.48
Capital Expenditures-0.75-1.64-2.41
Free Cash Flow20.829.398.07
Cash & Equivalents39.3723.9535.51
Total Debt168130122
Net Cash / Debt-128-106-86.42
Book Value121110101
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Meridian Corporation
Country United States
CEO Christopher J. Annas

Stock Information

Ticker Symbol MRBK
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: MRBK
IPO Date November 7, 2017


Meridian Corporation operates as the bank holding for Meridian Bank that provides commercial banking products and services for small and middle market businesses primarily in southeast Pennsylvania, Delaware, and southern New Jersey. The company offers non-interest and interest checking deposits and time deposits, as well as money market, and savings accounts; and commercial and industrial loans, commercial real estate loans, and consumer and home equity loans, as well as business lines of credit, term loans, small business lending, lease financing, and shared national credits. It also provides cash management, merchant, title and land settlement, mortgage banking, wealth management, investment advisory, and title insurance services, as well as real estate holding services. The company has 6 full-service banking offices in Pennsylvania; and 13 mortgage loan production offices throughout the Delaware Valley. The company was founded in 2004 and is headquartered in Malvern, Pennsylvania.