Meridian Corporation (MRBK)
Stock Price:
$13.89 USD
1.14 (8.94%)
Updated Jul 10, 2020 4:00 PM EDT - Market closed
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 |
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
| Year | 2019 | 2018 | 2017 |
|---|
| Revenue | 68.53 | 63.44 | 63.48 |
| Revenue Growth | 8.04% | -0.07% | - |
| Gross Profit | 68.53 | 63.44 | 63.48 |
| Operating Income | 13.51 | 10.49 | 5.79 |
| Net Income | 10.48 | 8.16 | 3.03 |
| Shares Outstanding | 6.41 | 6.41 | - |
| Earnings Per Share | 1.63 | 1.27 | 0.49 |
| EPS Growth | 28.35% | 159.18% | - |
| Operating Cash Flow | 21.57 | 11.03 | 10.48 |
| Capital Expenditures | -0.75 | -1.64 | -2.41 |
| Free Cash Flow | 20.82 | 9.39 | 8.07 |
| Cash & Equivalents | 39.37 | 23.95 | 35.51 |
| Total Debt | 168 | 130 | 122 |
| Net Cash / Debt | -128 | -106 | -86.42 |
| Assets | 1,150 | 997 | 856 |
| Liabilities | 1,029 | 888 | 755 |
| Book Value | 121 | 110 | 101 |
Numbers in millions USD, except per-share numbers.
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.