Meridian Past Earnings Performance

Past criteria checks 4/6

Meridian's earnings have been declining at an average annual rate of -17.4%, while the Banks industry saw earnings growing at 16% annually. Revenues have been declining at an average rate of 9.1% per year. Meridian's return on equity is 11.9%, and it has net margins of 20.8%.

Key information

-17.35%

Earnings growth rate

-15.30%

EPS growth rate

Banks Industry Growth	10.63%
Revenue growth rate	-9.12%
Return on equity	11.90%
Net Margin	20.81%
Last Earnings Update	31 Mar 2026

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Meridian makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:M7X Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 26	116	24	72
31 Dec 25	112	22	71
30 Sep 25	110	20	71
30 Jun 25	106	18	70
31 Mar 25	101	16	68
31 Dec 24	101	16	67
30 Sep 24	92	11	66
30 Jun 24	91	11	66
31 Mar 24	93	12	67
31 Dec 23	94	13	67
30 Sep 23	99	17	67
30 Jun 23	102	19	68
31 Mar 23	104	20	68
31 Dec 22	109	22	73
30 Sep 22	117	25	76
30 Jun 22	127	29	82
31 Mar 22	137	31	89
31 Dec 21	150	36	95
30 Sep 21	160	37	103
30 Jun 21	160	37	104
31 Mar 21	152	34	99
31 Dec 20	128	26	86
30 Sep 20	104	21	68
30 Jun 20	83	15	57
31 Mar 20	71	11	49
31 Dec 19	68	10	47
30 Sep 19	64	10	45
30 Jun 19	64	9	45
31 Mar 19	64	9	45
31 Dec 18	63	8	46
30 Sep 18	64	6	50
31 Mar 18	64	3	50
31 Dec 17	63	2	50
31 Dec 16	67	4	48
31 Dec 15	58	5	39

Quality Earnings: M7X has high quality earnings.

Growing Profit Margin: M7X's current net profit margins (20.8%) are higher than last year (15.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: M7X's earnings have declined by 17.4% per year over the past 5 years.

Accelerating Growth: M7X's earnings growth over the past year (50.3%) exceeds its 5-year average (-17.4% per year).

Earnings vs Industry: M7X earnings growth over the past year (50.3%) exceeded the Banks industry 1.2%.

Return on Equity

High ROE: M7X's Return on Equity (11.9%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/03 01:58
End of Day Share Price	2026/04/30 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Meridian Corporation is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	D.A. Davidson & Co.
Peter Winter	D.A. Davidson & Co.
Mark Fitzgibbon	Piper Sandler Companies