Meridian Corporation (MRBK)

Meridian Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Interest Income	78.48	71	68.94	70.13	63.11	49
Net Interest Income Growth	16.05%	2.98%	-1.69%	11.12%	28.81%	34.84%
Non-Interest Income	38	41.34	31.97	41.72	87.99	86.92
Non-Interest Income Growth	13.67%	29.33%	-23.39%	-52.58%	1.23%	164.25%
Revenues Before Loan Losses	116.48	112.34	100.91	111.85	151.1	135.91
Provision for Credit Losses	14.87	11.4	6.82	2.49	1.07	8.3
Revenue	101.61	100.94	94.09	109.36	150.03	127.61
Revenue Growth (YoY)	11.91%	7.27%	-13.96%	-27.11%	17.57%	86.76%
Compensation Expenses	49.82	47.27	47.38	54.38	78.87	72.15
Selling, General & Admin	19.96	20.18	19.3	18.26	16.2	13.71
Other Non-Interest Expenses	12.28	11.7	10.45	8.81	8.66	7.22
Total Non-Interest Expense	82.06	79.15	77.13	81.44	103.73	93.08
Pretax Income	24.27	21.79	16.97	27.92	46.3	34.54
Provision for Income Taxes	5.94	5.44	3.72	6.09	10.72	8.1
Net Income	18.34	16.35	13.24	21.83	35.59	26.44
Net Income to Common	18.34	16.35	13.24	21.83	35.59	26.44
Net Income Growth	73.35%	23.43%	-39.33%	-38.66%	34.60%	152.25%
Shares Outstanding (Basic)	11	11	11	12	12	12
Shares Outstanding (Diluted)	11	11	11	12	12	12
Shares Change (YoY)	1.19%	-1.26%	-6.69%	-1.68%	0.31%	-3.90%
EPS (Basic)	1.64	1.47	1.19	1.85	2.96	2.16
EPS (Diluted)	1.61	1.45	1.16	1.79	2.87	2.13
EPS Growth	71.28%	25.00%	-35.20%	-37.63%	34.43%	161.96%
Free Cash Flow	37.09	9.03	17.03	81.76	159.75	-159.21
Free Cash Flow Growth	310.79%	-46.98%	-79.17%	-48.82%	-	-
Free Cash Flow Per Share	3.26	0.80	1.50	6.70	12.87	-12.87
Dividends Per Share	0.500	0.500	0.500	0.400	0.287	0.125
Dividend Growth	-	-	25.00%	39.13%	130.00%	-
Profit Margin	18.04%	16.19%	14.07%	19.96%	23.72%	20.72%
FCF Margin	36.50%	8.95%	18.10%	74.76%	106.48%	-124.76%
EBITDA	-1.01	0.82	0.43	-1.41	-5.92	0.77
EBITDA Margin	-1.00%	0.81%	0.46%	-1.29%	-3.95%	0.60%
Effective Tax Rate	24.46%	24.97%	21.95%	21.82%	23.15%	23.45%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q