MRBK Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
Meridian Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$8.43 |
| 52 Week High | US$14.24 |
| 52 Week Low | US$7.80 |
| Beta | 0.68 |
| 1 Month Change | -12.19% |
| 3 Month Change | -35.89% |
| 1 Year Change | -27.70% |
| 3 Year Change | -32.59% |
| 5 Year Change | -3.59% |
| Change since IPO | -7.62% |
Recent News & Updates
Recent updates
Meridian: High Dividend Yield With A Positive Earnings Outlook (Rating Upgrade)
Apr 08Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.20
Nov 04
Meridian 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 30It's Unlikely That Meridian Corporation's (NASDAQ:MRBK) CEO Will See A Huge Pay Rise This Year
Jun 11Analysts Just Shipped A Sizeable Upgrade To Their Meridian Corporation (NASDAQ:MRBK) Estimates
Apr 30Meridian Bank declares $0.125 dividend
Apr 27Here's Why I Think Meridian (NASDAQ:MRBK) Is An Interesting Stock
Apr 15Did Meridian's (NASDAQ:MRBK) Share Price Deserve to Gain 91%?
Mar 19There's A Lot To Like About Meridian's (NASDAQ:MRBK) Upcoming US$1.00 Dividend
Feb 21Meridian Corporation (NASDAQ:MRBK) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Feb 05Shareholder Returns
| MRBK | US Banks | US Market | |
|---|---|---|---|
| 7D | -7.2% | -3.3% | -3.7% |
| 1Y | -27.7% | 21.0% | 20.2% |
Return vs Industry: MRBK underperformed the US Banks industry which returned 19.9% over the past year.
Return vs Market: MRBK underperformed the US Market which returned 20.5% over the past year.
Price Volatility
| MRBK volatility | |
|---|---|
| MRBK Average Weekly Movement | 5.7% |
| Banks Industry Average Movement | 4.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: MRBK's share price has been volatile over the past 3 months.
Volatility Over Time: MRBK's weekly volatility (6%) 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$94.29m |
| Earnings (TTM) | US$13.24m |
| Revenue (TTM) | US$94.09m |
7.1x
P/E Ratio0.6x
P/B RatioIs MRBK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MRBK income statement (TTM) | |
|---|---|
| Revenue | US$94.09m |
| Cost of Revenue | US$0 |
| Gross Profit | US$94.09m |
| Other Expenses | US$80.85m |
| Earnings | US$13.24m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.18 |
| Gross Margin | 100.00% |
| Net Profit Margin | 14.07% |
| Debt/Equity Ratio | 144.8% |
How did MRBK perform over the long term?
See historical performance and comparison