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MRBK

Meridian NasdaqGS:MRBK Stock Report

Last Price

US$33.19

Market Cap

US$189.0m

7D

-1.6%

1Y

-6.5%

Updated

07 Dec, 2022

Data

Company Financials +
MRBK fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends4/6

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, and Maryland.

Meridian Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Meridian
Historical stock prices
Current Share PriceUS$33.19
52 Week HighUS$39.78
52 Week LowUS$27.87
Beta0.43
1 Month Change4.31%
3 Month Change11.23%
1 Year Change-6.51%
3 Year Change68.56%
5 Year Change58.27%
Change since IPO81.86%

Recent News & Updates

Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.20

Nov 04
Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.20

Recent updates

Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.20

Nov 04
Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.20

Meridian's (NASDAQ:MRBK) Dividend Will Be US$0.13

Jul 30
Meridian's (NASDAQ:MRBK) Dividend Will Be US$0.13

It's Unlikely That Meridian Corporation's (NASDAQ:MRBK) CEO Will See A Huge Pay Rise This Year

Jun 11
It's Unlikely That Meridian Corporation's (NASDAQ:MRBK) CEO Will See A Huge Pay Rise This Year

Analysts Just Shipped A Sizeable Upgrade To Their Meridian Corporation (NASDAQ:MRBK) Estimates

Apr 30
Analysts Just Shipped A Sizeable Upgrade To Their Meridian Corporation (NASDAQ:MRBK) Estimates

Here's Why I Think Meridian (NASDAQ:MRBK) Is An Interesting Stock

Apr 15
Here's Why I Think Meridian (NASDAQ:MRBK) Is An Interesting Stock

Did Meridian's (NASDAQ:MRBK) Share Price Deserve to Gain 91%?

Mar 19
Did Meridian's (NASDAQ:MRBK) Share Price Deserve to Gain 91%?

There's A Lot To Like About Meridian's (NASDAQ:MRBK) Upcoming US$1.00 Dividend

Feb 21
There's A Lot To Like About Meridian's (NASDAQ:MRBK) Upcoming US$1.00 Dividend

Meridian Corporation (NASDAQ:MRBK) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Feb 05
Meridian Corporation (NASDAQ:MRBK) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Analysts Just Made A Massive Upgrade To Their Meridian Corporation (NASDAQ:MRBK) Forecasts

Feb 04
Analysts Just Made A Massive Upgrade To Their Meridian Corporation (NASDAQ:MRBK) Forecasts

What Type Of Shareholders Own The Most Number of Meridian Corporation (NASDAQ:MRBK) Shares?

Jan 29
What Type Of Shareholders Own The Most Number of Meridian Corporation (NASDAQ:MRBK) Shares?

Meridian Corporation (NASDAQ:MRBK) Has Got What It Takes To Be An Attractive Dividend Stock

Jan 08
Meridian Corporation (NASDAQ:MRBK) Has Got What It Takes To Be An Attractive Dividend Stock

Here's Why I Think Meridian (NASDAQ:MRBK) Is An Interesting Stock

Dec 14
Here's Why I Think Meridian (NASDAQ:MRBK) Is An Interesting Stock

Shareholder Returns

MRBKUS BanksUS Market
7D-1.6%-5.9%-0.4%
1Y-6.5%-20.1%-20.6%

Return vs Industry: MRBK exceeded the US Banks industry which returned -20.1% over the past year.

Return vs Market: MRBK exceeded the US Market which returned -20.6% over the past year.

Price Volatility

Is MRBK's price volatile compared to industry and market?
MRBK volatility
MRBK Average Weekly Movement2.9%
Banks Industry Average Movement4.1%
Market Average Movement7.4%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.3%

Stable Share Price: MRBK is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: MRBK's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004413Chris Annashttps://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, 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, and shared national credits; 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

How do Meridian's earnings and revenue compare to its market cap?
MRBK fundamental statistics
Market CapUS$188.98m
Earnings (TTM)US$24.99m
Revenue (TTM)US$117.23m

7.6x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MRBK income statement (TTM)
RevenueUS$117.23m
Cost of RevenueUS$0
Gross ProfitUS$117.23m
Other ExpensesUS$92.24m
EarningsUS$24.99m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)4.39
Gross Margin100.00%
Net Profit Margin21.32%
Debt/Equity Ratio45.7%

How did MRBK perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

19%

Payout Ratio