Meridian Corporation (MRBK)

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...

• 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