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Meridian NasdaqGS:MRBK Stock Report

Last Price

US$8.51

Market Cap

US$95.2m

7D

-6.3%

1Y

-24.0%

Updated

20 Apr, 2024

Data

Company Financials +

Meridian Corporation

NasdaqGS:MRBK Stock Report

Market Cap: US$95.2m

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.

MRBK fundamental analysis
Snowflake Score
Valuation6/6
Future Growth3/6
Past Performance2/6
Financial Health5/6
Dividends4/6

Meridian Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Meridian
Historical stock prices
Current Share PriceUS$8.51
52 Week HighUS$14.24
52 Week LowUS$7.80
Beta0.68
1 Month Change-14.47%
3 Month Change-35.29%
1 Year Change-23.95%
3 Year Change-32.19%
5 Year Change-2.67%
Change since IPO-6.74%

Recent News & Updates

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

Apr 08

Recent updates

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

Apr 08

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

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

Meridian Bank GAAP EPS of $0.96 beats by $0.03, revenue of $27.95M misses by $2.68M

Aug 01

Meridian Corporation: Heavy Reliance On Mortgage Banking Income To Hurt Earnings This Year

Apr 19

Meridian Corp.: More Growth Ahead

Jan 13

Meridian Corp.: Earnings Trend To Depend On Mortgage Banking Normalization

Sep 02

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

Meridian Bank declares $0.125 dividend

Apr 27

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

Shareholder Returns

MRBKUS BanksUS Market
7D-6.3%1.9%-3.2%
1Y-24.0%25.1%19.3%

Return vs Industry: MRBK underperformed the US Banks industry which returned 21% over the past year.

Return vs Market: MRBK underperformed the US Market which returned 20.2% over the past year.

Price Volatility

Is MRBK's price volatile compared to industry and market?
MRBK volatility
MRBK Average Weekly Movement5.7%
Banks Industry Average Movement4.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

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

FoundedEmployeesCEOWebsite
2004324Chris Annaswww.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

How do Meridian's earnings and revenue compare to its market cap?
MRBK fundamental statistics
Market capUS$95.19m
Earnings (TTM)US$13.24m
Revenue (TTM)US$94.09m

7.2x

P/E Ratio

0.6x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRBK income statement (TTM)
RevenueUS$94.09m
Cost of RevenueUS$0
Gross ProfitUS$94.09m
Other ExpensesUS$80.85m
EarningsUS$13.24m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.18
Gross Margin100.00%
Net Profit Margin14.07%
Debt/Equity Ratio144.8%

How did MRBK perform over the long term?

See historical performance and comparison

Dividends

5.9%

Current Dividend Yield

42%

Payout Ratio
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