Meridian Corporation (MRBK)
| Market Cap | 158.36M |
| Revenue (ttm) | 101.10M |
| Net Income (ttm) | 16.07M |
| Shares Out | 11.15M |
| EPS (ttm) | 1.42 |
| PE Ratio | 10.02 |
| Forward PE | 7.76 |
| Dividend | $0.50 (3.52%) |
| Ex-Dividend Date | May 12, 2025 |
| Volume | 54,039 |
| Open | 14.09 |
| Previous Close | 13.98 |
| Day's Range | 14.09 - 14.33 |
| 52-Week Range | 10.04 - 17.33 |
| Beta | 0.66 |
| Analysts | Buy |
| Price Target | 17.00 (+19.72%) |
| Earnings Date | Jul 25, 2025 |
About MRBK
Meridian Corporation operates as the bank holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Maryland, and Florida. It provides various deposit products, such as demand non-interest and interest bearing, savings, and money market accounts, as well as time deposits. The company also offers commercial and industrial loans, including business lines of credit, term loans, small business lending, lease financing, shared national credits, and other financing; commercial real... [Read more]
Financial Performance
In 2024, Meridian's revenue was $100.94 million, an increase of 7.27% compared to the previous year's $94.09 million. Earnings were $16.35 million, an increase of 23.43%.
Financial StatementsAnalyst Summary
According to 2 analysts, the average rating for MRBK stock is "Buy." The 12-month stock price target is $17.0, which is an increase of 19.72% from the latest price.
News
Meridian Corporation: Too Early For An Upgrade
Meridian Corporation remains cheap on valuation and continues to grow its balance sheet, but asset quality concerns persist, justifying my 'hold' rating. Deposit growth is solid, and uninsured deposit...
Meridian Corporation: Still A Buy Despite A Downward Revision Of Earnings
The apparent weakness in the housing market will keep mortgage banking income low. I've reduced my EPS estimate because I've slashed my mortgage banking income estimate. The net interest margin will l...
Meridian Bank Sponsors DSHA Homebuyers Fair
WILMINGTON, DELAWARE / ACCESS Newswire / June 9, 2025 / Meridian Bank announced it will be the exclusive Platinum Sponsor of the Delaware State Housing Authority (DSHA) Homebuyers Fair "Destination Ho...
Meridian Corporation Reports First Quarter 2025 Results and Announces a Quarterly Dividend of $0.125 per Common Share
MALVERN, Pa., April 25, 2025 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported: Three Months Ended (Dollars in thousands, except per share data)((Unaudited) March 31, 2025 Dec...
The Case For Meridian Corporation
Meridian Bank, founded in 2004, has grown significantly within the Delaware Valley, focusing on business, industrial, retail, and commercial lending. Headquartered in Malvern, PA, the bank employs a l...
Meridian Corporation: Earnings To Surge Thanks To Margin, Loan Growth
Due to changes in my interest rate outlook, I have reduced my mortgage banking income estimate but raised my net interest margin estimate. I'm now expecting an EPS of $1.67, down from my previous esti...
Meridian Corporation Reports Fourth Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common Share
MALVERN, Pa., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported: Three Months Ended Year Ended (Dollars in thousands, except per share data)(Unaudited) December ...
Meridian Corporation Reports Third Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common Share
MALVERN, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported: Three Months Ended (Dollars in thousands, except per share data) (Unaudited) September 30, 2024 ...
Meridian Corporation: Rate Cuts To Boost Mortgage Banking Income
The biggest earnings catalyst is interest rate cuts, which will provide a much-needed boost to MRBK's mortgage banking business. The net interest income will also grow because rate cuts and a conduciv...
Meridian Corporation Reports Second Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common Share
MALVERN, Pa., July 26, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported: Three Months Ended (Dollars in thousands, except per share data)((Unaudited) June 30, 2024 March...
Meridian Corporation: Patience Is Required
Meridian Corporation: Patience Is Required
Chris McDermott Joins Meridian Bank as SVP, Commercial Lending
MALVERN, Pa., May 08, 2024 (GLOBE NEWSWIRE) -- Meridian Bank announced the appointment of Christopher E. McDermott to the position of Senior Vice President, Commercial Lending. He'll join other member...
Meridian Corporation Reports First Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common Share
MALVERN, Pa., April 26, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported: Three Months Ended (Dollars in thousands, except per share data)((Unaudited) March 31, 2024 D...
Patrick Hart Joins Meridian Bank as SVP, Commercial Lending
MALVERN, Pa., April 15, 2024 (GLOBE NEWSWIRE) -- Meridian Bank announced the appointment of Patrick Hart to the position of Senior Vice President, Commercial Lending. As part of the bank's Chester Cou...
Top 4 Financial Stocks Which Could Rescue Your Portfolio This Quarter - Meridian (NASDAQ:MRBK), Ares Comml Real Est (NYSE:ACRE)
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
Meridian Corporation Reports Fourth Quarter 2023 Results and Announces a Quarterly Dividend of $0.125 per Common Share
MALVERN, Pa., Jan. 26, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported: Three Months Ended Year Ended (Dollars in thousands, except per share data)((Unaudited) December...
Meridian Corporation Offers Attractive Prospects Despite Volatile Results
Meridian Corporation is a small regional bank with potential for growth and it offers banking services and wealth management solutions. The bank has shown mixed financial performance, with net interes...
Meridian Bank Ranked Top SBA Lender
MALVERN, Pa., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Meridian Bank (Nasdaq: MRBK) has been ranked a top lender in the Small Business Administration's Eastern Pennsylvania District.
Meridian Corporation Reports Third Quarter 2023 Results and Announces a Quarterly Dividend of $0.125 per Common Share
MALVERN, Pa., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported: Net income of $4.0 million and diluted earnings of $0.35 per share for the third quarter ended Septe...
Meridian Bank Announces Retirement of Chief Credit Officer Joe Cafarchio
MALVERN, Pa., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Meridian Bank (Nasdaq: MRBK) announced the retirement of Joseph Cafarchio, Chief Credit Officer, effective October 13, 2023.
Meridian Corporation Reports Second Quarter 2023 Results and Announces a Quarterly Dividend of $0.125 per Common Share.
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Meridian Corporation Reports First Quarter 2023 Results and Announces a Quarterly Dividend of $0.125 per Common Share
MALVERN, Pa., May 02, 2023 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported: Net income of $4.0 million and diluted earnings per share of $0.34 for the first quarter ended March ...
Meridian Corporation Reminds Shareholders of the Two-for-One Stock Split Announced on February 28, 2023
MALVERN, Pa., March 20, 2023 (GLOBE NEWSWIRE) -- Meridian Corporation (the "Company") (Nasdaq: MRBK) reiterates that each shareholder of record as of the close of business on March 14, 2023, will rece...
Meridian Corporation Declares Two-for-One Stock Split
MALVERN, Pa., Feb. 28, 2023 (GLOBE NEWSWIRE) -- Meridian Corporation (the "Company") (Nasdaq: MRBK) today announced that it has approved and declared a two-for-one stock split in the form of a 100% st...