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Meridian Corporation (MRBK)

Stock Price: $13.89 USD 1.14 (8.94%)
Updated Jul 10, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 89.01M
Revenue (ttm) 72.30M
Net Income (ttm) 10.99M
Shares Out 6.09M
EPS (ttm) 1.71
PE Ratio 8.12
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Jul 10, 2020
Last Price $13.89
Previous Close $12.75
Change ($) 1.14
Change (%) 8.94%
Day's Open 12.72
Day's Range 12.72 - 13.91
Day's Volume 12,734
52-Week Range 10.68 - 20.89

More Stats

Market Cap 89.01M
Enterprise Value 227.10M
Earnings Date (est) n/a
Ex-Dividend Date n/a
Shares Outstanding 6.09M
Float 4.47M
EPS (basic) 1.72
EPS (diluted) 1.71
FCF / Share -9.37
Dividend n/a
Dividend Yield n/a
Earnings Yield 12.31%
FCF Yield n/a
Payout Ratio n/a
Shares Short 110,426
Short Ratio 0.19
Short % of Float 0.06%
Beta 0.63
PE Ratio 8.12
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 1.23
PB Ratio 0.74
Revenue 72.30M
Operating Income 14.20M
Net Income 10.99M
Free Cash Flow -57.09M
Net Cash -138.09M
Net Cash / Share -21.55
Gross Margin 94.79%
Operating Margin 19.64%
Profit Margin 15.20%
FCF Margin -78.97%
ROA 0.94%
ROE 9.56%
ROIC 1.10%
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

$19.33*
(39.16% upside)
Low
18.0
Current: 13.89
High
22.0
Target: 19.33
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017
Revenue68.5363.4463.48
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
Assets1,150997856
Liabilities1,029888755
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

Description

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.