Meridian Corporation (MRBK)

Meridian Statistics

Total Valuation

Meridian has a market cap or net worth of $171.54 million.

Market Cap	171.54M
Enterprise Value	n/a

Important Dates

The last earnings date was Thursday, October 24, 2024, after market close.

Earnings Date	Oct 24, 2024
Ex-Dividend Date	Nov 12, 2024

Share Statistics

Meridian has 11.07 million shares outstanding. The number of shares has decreased by -2.90% in one year.

Current Share Class	11.07M
Shares Outstanding	11.07M
Shares Change (YoY)	-2.90%
Shares Change (QoQ)	+0.75%
Owned by Insiders (%)	12.73%
Owned by Institutions (%)	23.24%
Float	5.87M

Valuation Ratios

The trailing PE ratio is 15.43 and the forward PE ratio is 9.34.

PE Ratio	15.43
Forward PE	9.34
PS Ratio	1.86
Forward PS	1.47
PB Ratio	1.04
P/TBV Ratio	1.05
P/FCF Ratio	9.97
P/OCF Ratio	9.44
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	11.55
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 7.02%.

Return on Equity (ROE)	7.02%
Return on Assets (ROA)	0.49%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$285,052
Profits Per Employee	$34,923
Employee Count	324
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, Meridian has paid $3.60 million in taxes.

Income Tax	3.60M
Effective Tax Rate	24.14%

Stock Price Statistics

The stock price has increased by +20.62% in the last 52 weeks. The beta is 0.73, so Meridian's price volatility has been lower than the market average.

Beta (5Y)	0.73
52-Week Price Change	+20.62%
50-Day Moving Average	13.29
200-Day Moving Average	10.96
Relative Strength Index (RSI)	84.35
Average Volume (20 Days)	18,196

Short Selling Information

The latest short interest is 8,773, so 0.08% of the outstanding shares have been sold short.

Short Interest	8,773
Short Previous Month	11,044
Short % of Shares Out	0.08%
Short % of Float	0.15%
Short Ratio (days to cover)	0.81

Income Statement

In the last 12 months, Meridian had revenue of $92.36 million and earned $11.32 million in profits. Earnings per share was $1.00.

Revenue	92.36M
Gross Profit	92.36M
Operating Income	14.92M
Pretax Income	13.88M
Net Income	11.32M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.00

Balance Sheet

The company has $35.56 million in cash and $198.63 million in debt, giving a net cash position of -$163.06 million or -$14.73 per share.

Cash & Cash Equivalents	35.56M
Total Debt	198.63M
Net Cash	-163.06M
Net Cash Per Share	-$14.73
Equity (Book Value)	167.45M
Book Value Per Share	14.91
Working Capital	-1.99B

Cash Flow

In the last 12 months, operating cash flow was $18.17 million and capital expenditures -$965,000, giving a free cash flow of $17.20 million.

Operating Cash Flow	18.17M
Capital Expenditures	-965,000
Free Cash Flow	17.20M
FCF Per Share	$1.55

Margins

Gross Margin	n/a
Operating Margin	16.15%
Pretax Margin	16.15%
Profit Margin	12.25%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	6.94%

Dividends & Yields

This stock pays an annual dividend of $0.50, which amounts to a dividend yield of 3.23%.

Dividend Per Share	$0.50
Dividend Yield	3.23%
Dividend Growth (YoY)	-50.00%
Years of Dividend Growth	4
Payout Ratio	49.77%
Buyback Yield	2.90%
Shareholder Yield	6.12%
Earnings Yield	6.60%
FCF Yield	10.03%

Analyst Forecast

The average price target for Meridian is $16.00, which is 3.23% higher than the current price. The consensus rating is "Buy".

Price Target	$16.00
Price Target Difference	3.23%
Analyst Consensus	Buy
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on March 21, 2023. It was a forward split with a ratio of 2:1.

Last Split Date	Mar 21, 2023
Split Type	Forward
Split Ratio	2:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4