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Meridian CorporationNasdaqGS:MRBK Stock Report

Market Cap US$216.1m
Share Price
US$18.19
US$22
17.3% undervalued intrinsic discount
1Y28.8%
7D1.3%
Portfolio Value
View

Meridian Corporation

NasdaqGS:MRBK Stock Report

Market Cap: US$216.1m

Meridian (MRBK) Stock Overview

Operates as the bank holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Maryland, and Florida. More details

MRBK fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health4/6
Dividends2/6

MRBK Community Fair Values

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See what 12 others think this stock is worth. Follow their fair value or set your own to get alerts.

Meridian Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Meridian
Historical stock prices
Current Share PriceUS$18.19
52 Week HighUS$21.67
52 Week LowUS$11.16
Beta0.69
1 Month Change-11.01%
3 Month Change-10.39%
1 Year Change28.82%
3 Year Change101.44%
5 Year Change37.44%
Change since IPO99.34%

Recent News & Updates

Recent updates

Seeking Alpha Mar 09

Meridian: Time To Take A Step Back (Downgrade)

Summary Meridian Corporation delivered strong returns, outperforming the S&P 500 with a 27.1% gain since its September "Buy" upgrade. MRBK's asset quality and profitability remain robust, with return on equity at 14.79% and net income rising to $21.8 million in 2025. Credit quality is deteriorating, with non-performing loans rising to 2.50%, surpassing prudent thresholds and raising risk concerns. I am downgrading MRBK from "Buy" to "Hold" due to rising valuation and worsening credit quality, despite continued operational strength. Read the full article on Seeking Alpha
Analysis Article Feb 03

Meridian (NASDAQ:MRBK) Is Paying Out A Larger Dividend Than Last Year

The board of Meridian Corporation ( NASDAQ:MRBK ) has announced that it will be paying its dividend of $0.14 on the...
Analysis Article Oct 28

Meridian (NASDAQ:MRBK) Has Announced A Dividend Of $0.125

The board of Meridian Corporation ( NASDAQ:MRBK ) has announced that it will pay a dividend on the 17th of November...
Analysis Article Jul 31

Meridian's (NASDAQ:MRBK) Dividend Will Be $0.125

The board of Meridian Corporation ( NASDAQ:MRBK ) has announced that it will pay a dividend of $0.125 per share on the...
Analysis Article Apr 28

Meridian (NASDAQ:MRBK) Is Paying Out A Dividend Of $0.125

Meridian Corporation ( NASDAQ:MRBK ) will pay a dividend of $0.125 on the 19th of May. This means the dividend yield...
Seeking Alpha Mar 26

The Case For Meridian Corporation

Summary Meridian Bank, founded in 2004, has grown significantly within the Delaware Valley, focusing on business, industrial, retail, and commercial lending. Headquartered in Malvern, PA, the bank employs a lean growth model, strategically placing branches to minimize overhead costs. Meridian emphasizes customer satisfaction and client relationships, driving growth through referrals and maintaining a consumer-friendly outlook. Despite being small by regional standards, Meridian boasts a strong balance sheet, healthy cash flows, and is positioned for future growth. Read the full article on Seeking Alpha
Seeking Alpha Mar 20

Meridian Corporation: Earnings To Surge Thanks To Margin, Loan Growth

Summary Due to changes in my interest rate outlook, I have reduced my mortgage banking income estimate but raised my net interest margin estimate. I’m now expecting an EPS of $1.67, down from my previous estimate of $1.69. I’m expecting earnings to grow by 15% this year, thanks to expected net interest margin expansion and loan growth. The year-end target price suggests there is still room for price upside. Further, MRBK is offering a moderate dividend yield of 3.6%. Read the full article on Seeking Alpha
Seeking Alpha Dec 31

Meridian Corporation: Downgrading Out Of An Abundance Of Caution

Summary After a recent 18% rise in shares, I am downgrading Meridian Corporation from “Buy” to “Hold” due to mixed asset quality and higher relative earnings valuation. Meridian's deposits grew to $1.98 billion, but 26% are brokered, making them costlier. The loan portfolio increased to $1.99 billion, with significant commercial mortgage exposure. Net interest income declined due to lower net interest margins, while non-interest income improved, driven by mortgage banking income and favorable loan fair value changes. Given the mixed results and economic risks, I prefer caution. Declining interest rates could further impact net interest income, prompting my downgrade to “Hold”. Read the full article on Seeking Alpha
Analysis Article Oct 29

Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.125

Meridian Corporation ( NASDAQ:MRBK ) has announced that it will pay a dividend of $0.125 per share on the 19th of...
Seeking Alpha Oct 17

Meridian Corporation: Rate Cuts To Boost Mortgage Banking Income

Summary The biggest earnings catalyst is interest rate cuts, which will provide a much-needed boost to MRBK’s mortgage banking business. The net interest income will also grow because rate cuts and a conducive economic environment will drive loan growth. The December 2025 target price suggests a moderate upside from the October 15 closing price. Additionally, MRBK is offering a dividend yield of 3.9%. Read the full article on Seeking Alpha
Seeking Alpha Jul 16

Meridian Corporation: Patience Is Required

Summary Patience is key for investors, as some investments take time to play out and can result in pain before the eventual upside is achieved. Meridian Corporation is a small regional bank with growing deposits and loans, but struggling with declining net interest income and non-interest income. Despite weaknesses from the perspective of its income statement and its asset quality, Meridian Corporation's cheap valuation makes it a modestly bullish investment. Read the full article on Seeking Alpha
Seeking Alpha Apr 08

Meridian: High Dividend Yield With A Positive Earnings Outlook (Rating Upgrade)

Summary The interest-rate down cycle will lift the mortgage banking income, net interest margin, and loan portfolio size. I’m estimating earnings to grow by 14% year-over-year in 2024. MRBK is currently offering an attractive dividend yield of 5.4%. The December 2024 target price suggests a very high price upside. Hence, I’m upgrading MRBK to a Buy rating. Read the full article on Seeking Alpha

Shareholder Returns

MRBKUS BanksUS Market
7D1.3%-2.1%2.2%
1Y28.8%23.1%31.1%

Return vs Industry: MRBK exceeded the US Banks industry which returned 23.1% over the past year.

Return vs Market: MRBK underperformed the US Market which returned 31.1% over the past year.

Price Volatility

Is MRBK's price volatile compared to industry and market?
MRBK volatility
MRBK Average Weekly Movement4.3%
Banks Industry Average Movement3.5%
Market Average Movement7.3%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: MRBK has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MRBK's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004327Chris Annaswww.meridianbanker.com

Meridian Corporation operates as the bank holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Maryland, and Florida. It provides various deposit products, such as demand non-interest and interest bearing, savings, and money market accounts, as well as time deposits. The company also offers commercial and industrial loans, including business lines of credit, term loans, small business lending, lease financing, shared national credits, and other financing; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title insurance and land settlement services.

Meridian Corporation Fundamentals Summary

How do Meridian's earnings and revenue compare to its market cap?
MRBK fundamental statistics
Market capUS$216.08m
Earnings (TTM)US$24.15m
Revenue (TTM)US$116.06m
8.9x
P/E Ratio
1.1x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRBK income statement (TTM)
RevenueUS$116.06m
Cost of RevenueUS$0
Gross ProfitUS$116.06m
Other ExpensesUS$91.91m
EarningsUS$24.15m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.03
Gross Margin100.00%
Net Profit Margin20.81%
Debt/Equity Ratio84.0%

How did MRBK perform over the long term?

See historical performance and comparison

Dividends

3.1%
Current Dividend Yield
25%
Payout Ratio

Does MRBK pay a reliable dividends?

See MRBK dividend history and benchmarks
When do you need to buy MRBK by to receive an upcoming dividend?
Meridian dividend dates
Ex Dividend DateMay 04 2026
Dividend Pay DateMay 11 2026
Days until Ex dividend8 days
Days until Dividend pay date1 day

Does MRBK pay a reliable dividends?

See MRBK dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 15:00
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
null nullD.A. Davidson & Co.
Peter WinterD.A. Davidson & Co.
Mark FitzgibbonPiper Sandler Companies