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 | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
No risks detected for MRBK from our risk checks.
My Notes
Capture your thoughts, links and company narrative
Meridian Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$15.60 |
| 52 Week High | US$17.33 |
| 52 Week Low | US$8.26 |
| Beta | 0.82 |
| 1 Month Change | -0.45% |
| 3 Month Change | 0.65% |
| 1 Year Change | 62.50% |
| 3 Year Change | -12.16% |
| 5 Year Change | 57.97% |
| Change since IPO | 70.96% |
Recent News & Updates
Recent updates
Meridian Corporation: Downgrading Out Of An Abundance Of Caution
Dec 31Meridian (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 | -7.0% | -4.4% | -2.2% |
| 1Y | 62.5% | 33.4% | 18.3% |
Return vs Industry: MRBK exceeded the US Banks industry which returned 33.4% over the past year.
Return vs Market: MRBK exceeded the US Market which returned 18.3% over the past year.
Price Volatility
| MRBK volatility | |
|---|---|
| MRBK Average Weekly Movement | 4.6% |
| Banks Industry Average Movement | 3.9% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 17.8% |
| 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 (5%) 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$172.64m |
| Earnings (TTM) | US$16.35m |
| Revenue (TTM) | US$100.94m |
10.6x
P/E Ratio1.0x
P/B RatioIs MRBK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MRBK income statement (TTM) | |
|---|---|
| Revenue | US$100.94m |
| Cost of Revenue | US$0 |
| Gross Profit | US$100.94m |
| Other Expenses | US$84.59m |
| Earnings | US$16.35m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.48 |
| Gross Margin | 100.00% |
| Net Profit Margin | 16.19% |
| Debt/Equity Ratio | 101.6% |
How did MRBK perform over the long term?
See historical performance and comparisonDividends
3.2%
Current Dividend Yield34%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 12:03 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 2 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 |
|---|---|
| Manuel Navas | D.A. Davidson & Co. |
| Frank Schiraldi | Piper Sandler Companies |