Meridian Corporation (MRBK)

Meridian Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	87.68	71	68.94	70.13	63.11
Net Interest Income Growth	23.50%	2.98%	-1.69%	11.12%	28.81%
Non-Interest Income	39.18	41.34	31.97	41.72	87.99
Non-Interest Income Growth	-5.22%	29.33%	-23.39%	-52.58%	1.23%
Revenues Before Loan Losses	126.86	112.34	100.91	111.85	151.1
Provision for Credit Losses	15.15	11.4	6.82	2.49	1.07
Revenue	111.71	100.94	94.09	109.36	150.03
Revenue Growth (YoY)	10.67%	7.27%	-13.96%	-27.11%	17.57%
Compensation Expenses	51.28	47.27	47.38	54.38	78.87
Selling, General & Admin	19.58	20.18	19.3	18.26	16.2
Other Non-Interest Expenses	12.45	11.7	10.45	8.81	8.66
Total Non-Interest Expense	83.3	79.15	77.13	81.44	103.73
Pretax Income	28.4	21.79	16.97	27.92	46.3
Provision for Income Taxes	6.57	5.44	3.72	6.09	10.72
Net Income	21.84	16.35	13.24	21.83	35.59
Net Income to Common	21.84	16.35	13.24	21.83	35.59
Net Income Growth	33.59%	23.43%	-39.33%	-38.66%	34.60%
Shares Outstanding (Basic)	11	11	11	12	12
Shares Outstanding (Diluted)	12	11	11	12	12
Shares Change (YoY)	2.62%	-1.26%	-6.69%	-1.68%	0.31%
EPS (Basic)	1.93	1.47	1.19	1.85	2.96
EPS (Diluted)	1.89	1.45	1.16	1.79	2.87
EPS Growth	30.34%	25.00%	-35.20%	-37.63%	34.43%
Free Cash Flow	15.15	9.03	17.03	81.76	159.75
Free Cash Flow Growth	67.81%	-46.98%	-79.17%	-48.82%	-
Free Cash Flow Per Share	1.31	0.80	1.50	6.70	12.87
Dividends Per Share	0.515	0.500	0.500	0.400	0.287
Dividend Growth	3.00%	-	25.00%	39.13%	130.00%
Profit Margin	19.55%	16.19%	14.07%	19.96%	23.72%
FCF Margin	13.56%	8.95%	18.10%	74.76%	106.48%
EBITDA	0	0.82	0.43	-1.41	-5.92
EBITDA Margin	0.00%	0.81%	0.46%	-1.29%	-3.95%
Effective Tax Rate	23.12%	24.97%	21.95%	21.82%	23.15%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q