Meridian Balance Sheet Health
Financial Health criteria checks 5/6
Meridian has total assets of $2.3B and total equity of $159.9M. Total deposits are $1.9B, and total loans are $1.9B earning a Net Interest Margin of 3.4%. It has insufficient allowance for bad loans, which are currently at 2% of total loans. Cash and short-term investments are $23.0M.
Key information
14.3x
Asset to equity ratio
3.4%
Net interest margin
| Total deposits | US$1.90b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 2.0% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | US$23.03m |
Recent financial health updates
No 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 19Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: MRBK's Assets to Equity ratio (14.3x) is moderate.
Allowance for Bad Loans: MRBK has a low allowance for bad loans (61%).
Low Risk Liabilities: 89% of MRBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: MRBK has an appropriate level of Loans to Assets ratio (84%).
Low Risk Deposits: MRBK's Loans to Deposits ratio (102%) is appropriate.
Level of Bad Loans: MRBK has an appropriate level of bad loans (2%).