Meridian Corporation (MRBK)
NASDAQ: MRBK · Real-Time Price · USD
14.50
+0.20 (1.40%)
Nov 21, 2024, 4:00 PM EST - Market closed
Meridian Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
Interest Income on Loans | 144.4 | 130.08 | 84.63 | 68.82 | 60.36 | 51.13 | Upgrade
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Interest Income on Investments | 7.95 | 6.51 | 4.09 | 2.7 | 2.3 | 1.74 | Upgrade
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Total Interest Income | 152.34 | 136.59 | 88.72 | 71.52 | 62.66 | 52.86 | Upgrade
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Interest Paid on Deposits | 72.5 | 57.82 | 15.4 | 5.49 | 9.97 | 13.91 | Upgrade
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Interest Paid on Borrowings | 11.2 | 9.83 | 3.2 | 2.92 | 3.69 | 2.62 | Upgrade
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Total Interest Expense | 83.71 | 67.65 | 18.59 | 8.41 | 13.66 | 16.53 | Upgrade
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Net Interest Income | 68.64 | 68.94 | 70.13 | 63.11 | 49 | 36.34 | Upgrade
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Net Interest Income Growth (YoY) | -2.67% | -1.69% | 11.12% | 28.81% | 34.84% | 11.27% | Upgrade
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Trust Income | 5.45 | 4.93 | 4.73 | 4.8 | 3.85 | 3.62 | Upgrade
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Mortgage Banking Activities | 18.92 | 16.54 | 25.33 | 75.93 | 76.46 | 26.01 | Upgrade
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Gain (Loss) on Sale of Investments | 1.51 | 0.07 | -2.41 | 0.25 | 1.67 | 0.56 | Upgrade
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Other Non-Interest Income | 10.04 | 10.39 | 14.92 | 10.32 | 1.09 | 2.72 | Upgrade
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Total Non-Interest Income | 36.18 | 31.97 | 41.72 | 87.99 | 86.92 | 32.89 | Upgrade
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Non-Interest Income Growth (YoY) | 13.60% | -23.39% | -52.58% | 1.23% | 164.24% | 1.66% | Upgrade
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Revenues Before Loan Losses | 104.81 | 100.91 | 111.85 | 151.1 | 135.91 | 69.23 | Upgrade
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Provision for Loan Losses | 12.46 | 6.82 | 2.49 | 1.07 | 8.3 | 0.9 | Upgrade
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Revenue | 92.36 | 94.09 | 109.36 | 150.03 | 127.61 | 68.33 | Upgrade
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Revenue Growth (YoY) | -7.12% | -13.96% | -27.10% | 17.57% | 86.76% | 7.71% | Upgrade
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Salaries and Employee Benefits | 45.61 | 46.2 | 52.9 | 77.26 | 71.38 | 34.89 | Upgrade
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Occupancy Expenses | 2.56 | 2.46 | 2.58 | 4.55 | 2.39 | 2.51 | Upgrade
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Selling, General & Administrative | 18 | 18.01 | 17.15 | 13.26 | 12.08 | 9.24 | Upgrade
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Other Non-Interest Expense | 11.28 | 10.45 | 8.81 | 8.66 | 7.22 | 8.18 | Upgrade
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Total Non-Interest Expense | 77.44 | 77.13 | 81.44 | 103.73 | 93.08 | 54.81 | Upgrade
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EBT Excluding Unusual Items | 14.92 | 16.97 | 27.92 | 46.3 | 34.54 | 13.51 | Upgrade
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Pretax Income | 14.92 | 16.97 | 27.92 | 46.3 | 34.54 | 13.51 | Upgrade
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Income Tax Expense | 3.6 | 3.72 | 6.09 | 10.72 | 8.1 | 3.03 | Upgrade
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Net Income | 11.32 | 13.24 | 21.83 | 35.59 | 26.44 | 10.48 | Upgrade
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Net Income to Common | 11.32 | 13.24 | 21.83 | 35.59 | 26.44 | 10.48 | Upgrade
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Net Income Growth | -34.34% | -39.33% | -38.66% | 34.60% | 152.25% | 28.40% | Upgrade
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Basic Shares Outstanding | 11 | 11 | 12 | 12 | 12 | 13 | Upgrade
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Diluted Shares Outstanding | 11 | 11 | 12 | 12 | 12 | 13 | Upgrade
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Shares Change (YoY) | -2.90% | -6.69% | -1.68% | 0.31% | -3.90% | 0.17% | Upgrade
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EPS (Basic) | 1.02 | 1.19 | 1.85 | 2.96 | 2.16 | 0.82 | Upgrade
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EPS (Diluted) | 1.00 | 1.16 | 1.79 | 2.87 | 2.13 | 0.81 | Upgrade
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EPS Growth | -32.92% | -35.20% | -37.63% | 34.43% | 161.96% | 28.35% | Upgrade
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Dividend Per Share | 0.500 | 0.500 | 0.400 | 0.287 | 0.125 | - | Upgrade
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Dividend Growth | 5.26% | 25.00% | 39.13% | 130.00% | - | - | Upgrade
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Effective Tax Rate | 24.14% | 21.95% | 21.82% | 23.15% | 23.45% | 22.44% | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.