Meridian Corporation (MRBK)

NASDAQ: MRBK · IEX Real-Time Price · USD
30.34
+1.17 (4.01%)
Oct 3, 2022 4:00 PM EDT - Market closed
4.01%
Market Cap 182.56M
Revenue (ttm) 127.29M
Net Income (ttm) 28.63M
Shares Out 6.02M
EPS (ttm) 4.59
PE Ratio 6.61
Forward PE n/a
Dividend $1.80 (5.93%)
Ex-Dividend Date Aug 12, 2022
Volume 10,006
Open 29.22
Previous Close 29.17
Day's Range 29.22 - 30.41
52-Week Range 27.87 - 39.78
Beta 0.40
Analysts Buy
Price Target 39.44 (+30.0%)
Earnings Date Oct 31, 2022

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... [Read more...]

Industry Banks
IPO Date Nov 7, 2017
Employees 413
Stock Exchange NASDAQ
Ticker Symbol MRBK
Full Company Profile

Financial Performance

In 2021, Meridian's revenue was $150.03 million, an increase of 17.57% compared to the previous year's $127.61 million. Earnings were $35.59 million, an increase of 34.60%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for MRBK stock is "Buy." The 12-month stock price forecast is 39.44, which is an increase of 29.99% from the latest price.

Price Target
$39.44
(29.99% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Meridian Bank (MRBK) Q2 Earnings Top Estimates

Meridian Bank (MRBK) delivered earnings and revenue surprises of 5.49% and 0.84%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Meridian Corporation Reports Second Quarter 2022 Results

MALVERN, Pa., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:

2 months ago - GlobeNewsWire

Earnings Preview: Meridian Bank (MRBK) Q2 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.

2 months ago - Zacks Investment Research

Meridian Corporation Announces the Death of Board Member Ken Slack

MALVERN, Pa., May 20, 2022 (GLOBE NEWSWIRE) -- Meridian Corporation announced today the death of longtime Board of Directors member and one of the original founding organizers, Kenneth H. Slack.

4 months ago - GlobeNewsWire

Meridian Bank (MRBK) Q1 Earnings and Revenues Beat Estimates

Meridian Bank (MRBK) delivered earnings and revenue surprises of 11.39% and 3.29%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Meridian Corporation Reports 1Q 2022 Net Income of $5.5 million, or $0.88 Per Diluted Share and Quarterly Cash Divide...

MALVERN, Pa., May 02, 2022 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:

5 months ago - GlobeNewsWire

Meridian Bank (MRBK) Soars 5.9%: Is Further Upside Left in the Stock?

Meridian Bank (MRBK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the...

5 months ago - Zacks Investment Research

Meridian Bank (MRBK) Is a Great Choice for "Trend" Investors, Here's Why

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.

8 months ago - Zacks Investment Research

Meridian Bank (MRBK) Q4 Earnings Surpass Estimates

Meridian Bank (MRBK) delivered earnings and revenue surprises of 24% and 3.64%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Earnings Preview: Meridian Bank (MRBK) Q4 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.

8 months ago - Zacks Investment Research

Meridian Corporation Reports 4Q 2021 Net Income of $7.7 Million, or $1.24 Per Diluted Share, Announces Quarterly Cash...

MALVERN, Pa., Jan. 31, 2022 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:

8 months ago - GlobeNewsWire

Best Momentum Stocks to Buy for December 29th

VCRA, MRBK, DLHC, and FICO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 29, 2021.

Other symbols: DLHCFICO
9 months ago - Zacks Investment Research

Best Value Stocks to Buy for December 17th

MRBK, SBFG, and ATCO made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 17, 2021.

Other symbols: ATCOSBFG
9 months ago - Zacks Investment Research

Is Meridian Bank (MRBK) a Great Value Stock 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...

9 months ago - Zacks Investment Research

Best Value Stocks to Buy for December 9th

MRBK, PAG, OCN, and SBFG made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 9, 2021.

Other symbols: OCNPAGSBFG
9 months ago - Zacks Investment Research

Best Momentum Stocks to Buy for December 9th

BJ, AOSL, CVCO, and MRBK made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 9, 2021.

Other symbols: AOSLBJCVCO
9 months ago - Zacks Investment Research

Best Momentum Stocks to Buy for December 7th

NWPX, MRBK, AOSL, and APTS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 7, 2021.

Other symbols: AOSLNWPX
9 months ago - Zacks Investment Research

Best Value Stocks to Buy for December 7th

MRBK, FNF, CC, and SIG made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 7, 2021.

Other symbols: CCFNFSIG
9 months ago - Zacks Investment Research

What Makes Meridian Bank (MRBK) a Good Fit for "Trend Investing"

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...

10 months ago - Zacks Investment Research

Best Value Stocks to Buy for November 30th

GHLD, LAZY, and MRBK made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 30, 2021.

Other symbols: LAZYPAG
10 months ago - Zacks Investment Research

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.

Other symbols: ETDJEFTGH
10 months ago - Zacks Investment Research

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...

10 months ago - GlobeNewsWire

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.

Other symbols: CMRECPLPGNKMODV
10 months ago - Zacks Investment Research

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.

10 months ago - Zacks Investment Research

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.

Other symbols: AOSLBKECWKDDS
10 months ago - Zacks Investment Research