Meridian Corporation (MRBK)
NASDAQ: MRBK · Real-Time Price · USD
16.76
+0.25 (1.51%)
Jan 30, 2025, 12:33 PM EST - Market open
Meridian Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 147.16 | 147.16 | 130.08 | 84.63 | 68.82 | 60.36 | Upgrade
|
| Interest Income on Investments | 8.87 | 8.87 | 6.51 | 4.09 | 2.7 | 2.3 | Upgrade
|
| Total Interest Income | 156.03 | 156.03 | 136.59 | 88.72 | 71.52 | 62.66 | Upgrade
|
| Interest Paid on Deposits | 74.04 | 74.04 | 57.82 | 15.4 | 5.49 | 9.97 | Upgrade
|
| Interest Paid on Borrowings | 10.99 | 10.99 | 9.83 | 3.2 | 2.92 | 3.69 | Upgrade
|
| Total Interest Expense | 85.03 | 85.03 | 67.65 | 18.59 | 8.41 | 13.66 | Upgrade
|
| Net Interest Income | 71 | 71 | 68.94 | 70.13 | 63.11 | 49 | Upgrade
|
| Net Interest Income Growth (YoY) | 2.98% | 2.98% | -1.69% | 11.12% | 28.81% | 34.84% | Upgrade
|
| Trust Income | 5.74 | 5.74 | 4.93 | 4.73 | 4.8 | 3.85 | Upgrade
|
| Mortgage Banking Activities | 21.04 | 21.04 | 16.54 | 25.33 | 75.93 | 76.46 | Upgrade
|
| Gain (Loss) on Sale of Investments | 0.16 | 0.16 | 0.07 | -2.41 | 0.25 | 1.67 | Upgrade
|
| Other Non-Interest Income | 14.43 | 14.43 | 10.39 | 14.92 | 10.32 | 1.09 | Upgrade
|
| Total Non-Interest Income | 41.34 | 41.34 | 31.97 | 41.72 | 87.99 | 86.92 | Upgrade
|
| Non-Interest Income Growth (YoY) | 29.33% | 29.33% | -23.39% | -52.58% | 1.23% | 164.24% | Upgrade
|
| Revenues Before Loan Losses | 112.34 | 112.34 | 100.91 | 111.85 | 151.1 | 135.91 | Upgrade
|
| Provision for Loan Losses | 11.4 | 11.4 | 6.82 | 2.49 | 1.07 | 8.3 | Upgrade
|
| Revenue | 100.94 | 100.94 | 94.09 | 109.36 | 150.03 | 127.61 | Upgrade
|
| Revenue Growth (YoY) | 7.27% | 7.27% | -13.96% | -27.10% | 17.57% | 86.76% | Upgrade
|
| Salaries and Employee Benefits | 47.27 | 47.27 | 46.2 | 52.9 | 77.26 | 71.38 | Upgrade
|
| Occupancy Expenses | 5.98 | 5.98 | 2.46 | 2.58 | 4.55 | 2.39 | Upgrade
|
| Selling, General & Administrative | 14.2 | 14.2 | 18.01 | 17.15 | 13.26 | 12.08 | Upgrade
|
| Other Non-Interest Expense | 11.7 | 11.7 | 10.45 | 8.81 | 8.66 | 7.22 | Upgrade
|
| Total Non-Interest Expense | 79.15 | 79.15 | 77.13 | 81.44 | 103.73 | 93.08 | Upgrade
|
| EBT Excluding Unusual Items | 21.79 | 21.79 | 16.97 | 27.92 | 46.3 | 34.54 | Upgrade
|
| Pretax Income | 21.79 | 21.79 | 16.97 | 27.92 | 46.3 | 34.54 | Upgrade
|
| Income Tax Expense | 5.44 | 5.44 | 3.72 | 6.09 | 10.72 | 8.1 | Upgrade
|
| Net Income | 16.35 | 16.35 | 13.24 | 21.83 | 35.59 | 26.44 | Upgrade
|
| Net Income to Common | 16.35 | 16.35 | 13.24 | 21.83 | 35.59 | 26.44 | Upgrade
|
| Net Income Growth | 23.43% | 23.43% | -39.33% | -38.66% | 34.60% | 152.25% | Upgrade
|
| Basic Shares Outstanding | 11 | 11 | 11 | 12 | 12 | 12 | Upgrade
|
| Diluted Shares Outstanding | 11 | 11 | 11 | 12 | 12 | 12 | Upgrade
|
| Shares Change (YoY) | -1.26% | -1.26% | -6.69% | -1.68% | 0.31% | -3.90% | Upgrade
|
| EPS (Basic) | 1.47 | 1.47 | 1.19 | 1.85 | 2.96 | 2.16 | Upgrade
|
| EPS (Diluted) | 1.45 | 1.45 | 1.16 | 1.79 | 2.87 | 2.13 | Upgrade
|
| EPS Growth | 25.00% | 25.00% | -35.20% | -37.63% | 34.43% | 161.96% | Upgrade
|
| Dividend Per Share | 0.500 | 0.500 | 0.500 | 0.400 | 0.287 | 0.125 | Upgrade
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| Dividend Growth | 0% | 0% | 25.00% | 39.13% | 130.00% | - | Upgrade
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| Effective Tax Rate | 24.97% | 24.97% | 21.95% | 21.82% | 23.15% | 23.45% | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.