MRBK Stock Overview
Operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Florida, and Maryland. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
No risks detected for MRBK from our risk checks.
Meridian Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$14.50 |
| 52 Week High | US$14.45 |
| 52 Week Low | US$8.26 |
| Beta | 0.73 |
| 11 Month Change | 11.11% |
| 3 Month Change | 26.09% |
| 1 Year Change | 12.84% |
| 33 Year Change | -19.35% |
| 5 Year Change | 52.16% |
| Change since IPO | 58.90% |
Recent News & Updates
Recent updates
Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.125
Oct 29
Meridian Corporation: Rate Cuts To Boost Mortgage Banking Income
Oct 17Meridian Corporation: Patience Is Required
Jul 16Meridian: High Dividend Yield With A Positive Earnings Outlook (Rating Upgrade)
Apr 08Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.20
Nov 04Meridian Bank GAAP EPS of $0.96 beats by $0.03, revenue of $27.95M misses by $2.68M
Aug 01Meridian Corporation: Heavy Reliance On Mortgage Banking Income To Hurt Earnings This Year
Apr 19Meridian Corp.: More Growth Ahead
Jan 13Meridian Corp.: Earnings Trend To Depend On Mortgage Banking Normalization
Sep 02Meridian's (NASDAQ:MRBK) Dividend Will Be US$0.13
Jul 30Shareholder Returns
| MRBK | US Banks | US Market | |
|---|---|---|---|
| 7D | 2.5% | -0.9% | -1.0% |
| 1Y | 12.8% | 53.3% | 30.3% |
Return vs Industry: MRBK underperformed the US Banks industry which returned 53.3% over the past year.
Return vs Market: MRBK underperformed the US Market which returned 30.3% over the past year.
Price Volatility
| MRBK volatility | |
|---|---|
| MRBK Average Weekly Movement | 3.1% |
| Banks Industry Average Movement | 5.1% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 3.1% |
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 (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 324 | Chris Annas | www.meridianbanker.com |
Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Florida, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising 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 and land settlement services.
Meridian Corporation Fundamentals Summary
| MRBK fundamental statistics | |
|---|---|
| Market cap | US$158.26m |
| Earnings (TTM) | US$11.32m |
| Revenue (TTM) | US$92.36m |
14.2x
P/E Ratio1.0x
P/B RatioIs MRBK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MRBK income statement (TTM) | |
|---|---|
| Revenue | US$92.36m |
| Cost of Revenue | US$0 |
| Gross Profit | US$92.36m |
| Other Expenses | US$81.04m |
| Earnings | US$11.32m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.02 |
| Gross Margin | 100.00% |
| Net Profit Margin | 12.25% |
| Debt/Equity Ratio | 118.6% |
How did MRBK perform over the long term?
See historical performance and comparison