Meridian Cash Flow 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
Period Ending	Sep '25 Sep 30, 2025	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
Net Income	20.25	16.35	13.24	21.83	35.59	26.44
Depreciation & Amortization	0.46	0.82	0.43	-1.41	-5.92	0.77
Provision for Credit Losses	15.44	11.4	6.82	2.49	1.07	8.3
Stock-Based Compensation	0.93	0.98	1.17	1.48	1.61	-
Net Change in Loans Held-for-Sale	32.78	13.45	12.17	85.05	215.99	-126.68
Other Adjustments	-29.44	-23.97	-17.65	-22.32	-77.28	-83.57
Changes in Accrued Interest and Accounts Receivable	-0.93	-0.63	-1.96	-2.35	0.47	-2.33
Changes in Accounts Payable	0.08	-3.46	7.94	2.36	-1.12	0.07
Changes in Other Operating Activities	-10.63	-5.32	-3.3	-2.45	-5.28	20.04
Operating Cash Flow	29.77	9.6	18.85	84.67	165.12	-158.47
Operating Cash Flow Growth	63.88%	-49.10%	-77.73%	-48.72%	-	-
Net Change in Loans Held-for-Investment	-159.4	-147.27	-152.58	-359.46	-87.58	-312.11
Net Change in Securities and Investments	-17.27	-29.22	-8.65	-23.97	-40.31	-58.18
Capital Expenditures	-1.68	-0.57	-1.82	-2.91	-5.37	-0.75
Other Investing Activities	11.99	12.06	-1.14	-6.81	-7.26	0.34
Investing Cash Flow	-164.51	-165	-164.19	-393.15	-140.52	-370.7
Net Change in Deposits	152.19	181.91	110.98	266.07	205.08	390.17
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	26.06	-42.59	28.08	71.8	-65.52	-16.4
Long-Term Debt Issued	-33.67	-7.83	34.48	8.94	-	162.22
Long-Term Debt Repaid	-0.23	-0.22	-0.33	-0.28	-165.83	-0.59
Net Long-Term Debt Issued (Repaid)	-33.91	-8.05	34.15	8.66	-165.83	161.64
Issuance of Common Stock	0.88	0.5	0.31	0.75	1.11	0.4
Repurchase of Common Stock	-	-	-4.26	-12.96	-3.03	-7.7
Net Common Stock Issued (Repurchased)	0.88	0.5	-3.95	-12.21	-1.93	-7.31
Common Dividends Paid	-5.64	-5.6	-5.61	-10.93	-9.68	-1.53
Other Financing Activities	-	-	-0.01	-	-	-0.23
Financing Cash Flow	142.38	126.16	163.64	323.39	-37.87	526.54
Net Cash Flow	7.64	-29.24	18.31	14.91	-13.26	-2.63
Free Cash Flow	28.09	9.03	17.03	81.76	159.75	-159.21
Free Cash Flow Growth	211.09%	-46.98%	-79.17%	-48.82%	-	-
FCF Margin	25.66%	8.95%	18.10%	74.76%	106.48%	-124.76%
Free Cash Flow Per Share	2.46	0.80	1.50	6.70	12.87	-12.87
Levered Free Cash Flow	-26.36	-0.87	48.68	23.73	-147.47	205.87
Unlevered Free Cash Flow	-12.71	-9.17	1.28	-6.76	-17.23	17.79

Updated Nov 7, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q