Meridian Future Growth

Future criteria checks 3/6

Meridian is forecast to grow earnings and revenue by 17.6% and 11.3% per annum respectively. EPS is expected to grow by 17.2% per annum. Return on equity is forecast to be 10.7% in 3 years.

Key information

17.6%

Earnings growth rate

17.2%

EPS growth rate

Banks earnings growth	7.3%
Revenue growth rate	11.3%
Future return on equity	10.7%
Analyst coverage	Low
Last updated	25 Mar 2024

Recent future growth updates

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 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

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

Jun 11

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

Apr 30

Meridian Bank declares $0.125 dividend

Apr 27

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

Apr 15

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

Mar 19

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

Feb 21

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

Feb 05

Earnings and Revenue Growth Forecasts

NasdaqGS:MRBK - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	118	19	N/A	N/A	3
12/31/2024	105	15	N/A	N/A	3
12/31/2023	94	13	17	19	N/A
9/30/2023	99	17	30	32	N/A
6/30/2023	102	19	35	37	N/A
3/31/2023	104	20	64	67	N/A
12/31/2022	109	22	82	85	N/A
9/30/2022	117	25	96	102	N/A
6/30/2022	127	29	90	95	N/A
3/31/2022	137	31	104	109	N/A
12/31/2021	150	36	160	165	N/A
9/30/2021	160	37	128	130	N/A
6/30/2021	160	37	25	27	N/A
3/31/2021	152	34	-34	-33	N/A
12/31/2020	128	26	-159	-158	N/A
9/30/2020	104	21	-145	-144	N/A
6/30/2020	83	15	-65	-64	N/A
3/31/2020	71	11	-57	-56	N/A
12/31/2019	68	10	21	22	N/A
9/30/2019	64	10	5	6	N/A
6/30/2019	64	9	23	23	N/A
3/31/2019	64	9	20	20	N/A
12/31/2018	63	8	9	11	N/A
9/30/2018	64	6	1	4	N/A
3/31/2018	64	3	N/A	N/A	N/A
12/31/2017	63	2	8	10	N/A
12/31/2016	67	4	N/A	52	N/A
12/31/2015	58	5	N/A	-34	N/A
12/31/2014	44	4	N/A	N/A	N/A
12/31/2013	41	4	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MRBK's forecast earnings growth (17.6% per year) is above the savings rate (2.3%).

Earnings vs Market: MRBK's earnings (17.6% per year) are forecast to grow faster than the US market (14.4% per year).

High Growth Earnings: MRBK's earnings are forecast to grow, but not significantly.

Revenue vs Market: MRBK's revenue (11.3% per year) is forecast to grow faster than the US market (7.9% per year).

High Growth Revenue: MRBK's revenue (11.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MRBK's Return on Equity is forecast to be low in 3 years time (10.7%).

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Meridian Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 7.5% to US$12.33

Price target increased by 14% to US$13.33

Price target decreased by 17% to US$12.33

Price target decreased by 7.4% to US$16.67

Price target increased to US$42.33

Consensus EPS estimates increase to US$4.98

Recent updates

New minor risk - Market cap size

Meridian Bank Announces Appointment of Patrick Hart as Senior Vice President, Commercial Lending

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

Meridian Corporation, Annual General Meeting, May 21, 2024

Full year 2023 earnings: EPS misses analyst expectations

Investor sentiment deteriorates as stock falls 20%

Upcoming dividend of US$0.13 per share at 4.4% yield

Fourth quarter dividend of US$0.13 announced

Full year 2023 earnings: EPS misses analyst expectations

Meridian Corporation Reports Net-Charge-Offs for the Fourth Quarter Ended December 31, 2023

Investor sentiment improves as stock rises 16%

Upcoming dividend of US$0.13 per share at 4.9% yield

Price target decreased by 7.5% to US$12.33

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Meridian Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2023

Meridian Bank Announces Executive Changes

Meridian Bank Announces Announces Executive Changes

Price target increased by 14% to US$13.33

Upcoming dividend of US$0.13 per share at 4.0% yield

Meridian Corporation Declares Quarterly Cash Dividend for the Second Quarter Ended June 30, 2023, Payable on August 21, 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

New major risk - Revenue and earnings growth

Independent Director recently bought US$86k worth of stock

Price target decreased by 17% to US$12.33

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Investor sentiment deteriorates as stock falls 21%

Price target decreased by 7.4% to US$16.67

Full year 2022 earnings: EPS and revenues miss analyst expectations

Independent Director recently bought US$82k worth of stock

Investor sentiment deteriorates as stock falls 15%

Executive VP exercised options to buy US$95k worth of stock.

Full year 2022 earnings: EPS and revenues miss analyst expectations

Meridian Corporation Declares Quarterly Cash Dividend, Payable on February 21, 2023

Insufficient new directors

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

Third quarter 2022 earnings: EPS exceeds analyst expectations

Meridian Corporation Declares A Quarterly Cash Dividend, Payable November 21, 2022

Meridian Corporation and Meridian Bank Announce Appointment of Christine M. Helmig to Board of Directors

Meridian Corporation Announces Executive Changes

Independent Director recently bought US$156k worth of stock

Upcoming dividend of US$0.20 per share

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Meridian Corporation Announces Quarterly Dividend, Payable on August 22, 2022

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

Meridian Corporation Announces the Death of Board Member Kenneth H. Slack

Upcoming dividend of US$0.20 per share

Meridian Corporation Declares Quarterly Cash Dividend, Payable on May 23, 2022

First quarter 2022 earnings: EPS exceeds analyst expectations

Insufficient new directors

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

Full year 2021 earnings: EPS exceeds analyst expectations

Executive VP exercised options to buy US$191k worth of stock.

Price target increased to US$42.33

Full year 2021 earnings: EPS exceeds analyst expectations

Meridian Corporation Declares Special Dividend, Payable on February 21, 2022

Meridian Corp.: More Growth Ahead

Founder exercised options to buy US$781k worth of stock.

Third quarter 2021 earnings released: EPS US$1.56 (vs US$1.51 in 3Q 2020)

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

Independent Director recently bought US$270k worth of stock

Consensus EPS estimates increase to US$4.98

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

Price target increased to US$33.00

Independent Director exercised options to buy US$143k worth of stock.

Second quarter 2021 earnings released: EPS US$1.37 (vs US$0.94 in 2Q 2020)

Meridian Corporation(NasdaqGS:MRBK) dropped from Russell 3000E Value Index

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

First quarter 2021 earnings released: EPS US$1.70 (vs US$0.39 in 1Q 2020)

Consensus revenue estimates increase to US$140.2m