Meridian Corporation (MRBK)
| Market Cap | 212.19M |
| Revenue (ttm) | 160.20M |
| Net Income (ttm) | 36.86M |
| Shares Out | 6.11M |
| EPS (ttm) | 5.94 |
| PE Ratio | 5.85 |
| Forward PE | n/a |
| Dividend | $1.58 (4.53%) |
| Ex-Dividend Date | Nov 12, 2021 |
| Volume | 30,303 |
| Open | 35.35 |
| Previous Close | 35.96 |
| Day's Range | 33.41 - 35.66 |
| 52-Week Range | 18.20 - 35.99 |
| Beta | 0.52 |
| Analysts | Buy |
| Price Target | 36.67 (+5.6%) |
| Earnings Date | Nov 1, 2021 |
About MRBK
Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, and shared national credits; commercial real estate, and land dev...
Financial Performance
In 2020, Meridian's revenue was $127.61 million, an increase of 86.76% compared to the previous year's $68.33 million. Earnings were $26.44 million, an increase of 152.25%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for Meridian stock is "Buy." The 12-month stock price forecast is 36.67, which is an increase of 5.56% from the latest price.
News
Are Investors Undervaluing These Finance Stocks Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
Best Value Stocks to Buy for November 24th
TGH, JEF, MRBK, and ETD made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 24, 2021.
Meridian Bank Named Best Mortgage Lender in Maryland
BALTIMORE, Nov. 19, 2021 (GLOBE NEWSWIRE) -- Meridian Bank has been named the “Top Winner” in The Maryland Daily Record's 2021 Reader Rankings Awards in the Best Mortgage Lender category. With more than...
5 Top-Rated Stocks With Solid Net Profit Margins
Here are five top-ranked stocks with solid net profit margins that can contribute toward making a solid portfolio.
Will Meridian Bank (MRBK) Gain on Rising Earnings Estimates?
Meridian Bank (MRBK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
New Strong Buy Stocks for November 16th
BKE, CWK, DDS, and MRBK have been added to the Zacks Rank #1 (Strong Buy) List on November 16th.
New Strong Buy Stocks for November 11th
BLDR, FLGT, MRBK, CC, and NMRK have been added to the Zacks Rank #1 (Strong Buy) List on November 11th.
Best Value Stocks to Buy for November 11th
MRBK, CC, TGH, and SGH made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 11, 2021
Best Value Stocks to Buy for November 9th
TX, MRBK, and UNFI made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 9, 2021.
New Strong Buy Stocks for November 9th
AMN, BVH, MRBK, SGH, and TX have been added to the Zacks Rank #1 (Strong Buy) List on November 9th.
Here's Why Momentum in Meridian Bank (MRBK) Should Keep going
Meridian Bank (MRBK) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Meridian Bank (MRBK) Q3 Earnings and Revenues Top Estimates
Meridian Bank (MRBK) delivered earnings and revenue surprises of 31.03% and 5.29%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Meridian Corporation Reports 3Q 2021 Net Income of $9.4 Million, or $1.52 Per Diluted Share and Increases Quarterly C...
MALVERN, Pa., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:
Earnings Preview: Meridian Bank (MRBK) Q3 Earnings Expected to Decline
Meridian Bank (MRBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Meridian Named Top Performing Bank
MALVERN, Pa., Oct. 05, 2021 (GLOBE NEWSWIRE) -- For the second year in a row Meridian Bank has earned a spot on Piper Sandler's “Sm-All Stars,” its list of top performing U.S. small-cap banks. Piper San...
Meridian (MRBK) Rewards Shareholders Via Expanded Buyback Plan
The announcement of an augmented share-repurchase program reflects Meridian's (MRBK) robust balance sheet and its ability to add shareholder value.
Meridian Corporation Announces Increase in Stock Repurchase Plan
MALVERN, Pa., Aug. 30, 2021 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) announced today that its Board of Directors authorized an increase in its $6 million repurchase plan adopted on April ...
Meridian Bank (MRBK) Hits Fresh High: Is There Still Room to Run?
Meridian Bank (MRBK) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Will Meridian Bank (MRBK) Gain on Rising Earnings Estimates?
Meridian Bank (MRBK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Recent Price Trend in Meridian Bank (MRBK) is Your Friend, Here's Why
Meridian Bank (MRBK) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through ou...
Meridian Bank (MRBK) Is a Great Choice for "Trend" Investors, Here's Why
Meridian Bank (MRBK) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through ou...
Meridian Bank (MRBK) Q2 Earnings and Revenues Beat Estimates
Meridian Bank (MRBK) delivered earnings and revenue surprises of 14.66% and 1.57%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Meridian Corporation Reports 2Q 2021 Net Income of $8.3 Million, or $1.33 Per Diluted Share and Declares Quarterly Ca...
MALVERN, Pa., July 26, 2021 /PRNewswire/ -- Meridian Corporation (Nasdaq: MRBK) today reported: 2021 2021 2020 2020 2020 (Dollars in thousands, except per share data) 2nd QTR 1st QTR 4th QTR 3rd QTR 2nd...
Meridian Bank (MRBK) to Report Q2 Results: Wall Street Expects Earnings Growth
Meridian Bank (MRBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Meridian Bank (MRBK) Tops Q1 Earnings and Revenue Estimates
Meridian Bank (MRBK) delivered earnings and revenue surprises of 58.65% and 27.20%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?