Meridian Corporation

NasdaqGS:MRBK Stock Report

Market Cap: US$156.8m

Meridian Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Chris Annas

Chief executive officer

US$1.0m

Total compensation

CEO salary percentage52.7%
CEO tenure20.9yrs
CEO ownership3.3%
Management average tenureno data
Board average tenure20.9yrs

Recent management updates

Recent updates

Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.125

Oct 29
Meridian (NASDAQ:MRBK) Will Pay A Dividend Of $0.125

Meridian Corporation: Rate Cuts To Boost Mortgage Banking Income

Oct 17

Meridian Corporation: Patience Is Required

Jul 16

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

CEO Compensation Analysis

How has Chris Annas's remuneration changed compared to Meridian's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$11m

Jun 30 2024n/an/a

US$11m

Mar 31 2024n/an/a

US$12m

Dec 31 2023US$1mUS$537k

US$13m

Sep 30 2023n/an/a

US$17m

Jun 30 2023n/an/a

US$19m

Mar 31 2023n/an/a

US$20m

Dec 31 2022US$1mUS$516k

US$22m

Sep 30 2022n/an/a

US$25m

Jun 30 2022n/an/a

US$29m

Mar 31 2022n/an/a

US$31m

Dec 31 2021US$2mUS$489k

US$36m

Sep 30 2021n/an/a

US$37m

Jun 30 2021n/an/a

US$37m

Mar 31 2021n/an/a

US$34m

Dec 31 2020US$1mUS$465k

US$26m

Sep 30 2020n/an/a

US$21m

Jun 30 2020n/an/a

US$15m

Mar 31 2020n/an/a

US$11m

Dec 31 2019US$938kUS$450k

US$10m

Sep 30 2019n/an/a

US$10m

Jun 30 2019n/an/a

US$9m

Mar 31 2019n/an/a

US$9m

Dec 31 2018US$812kUS$432k

US$8m

Sep 30 2018n/an/a

US$6m

Mar 31 2018n/an/a

US$3m

Dec 31 2017US$702kUS$425k

US$2m

Compensation vs Market: Chris's total compensation ($USD1.02M) is about average for companies of similar size in the US market ($USD1.41M).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.


CEO

Chris Annas (68 yo)

20.9yrs

Tenure

US$1,019,076

Compensation

Mr. Christopher J. Annas, also known as Chris, serves as Member of Community Depository Institutions Advisory Council at Federal Reserve Bank of Philadelphia since March 2022 and has been the Founder, Chai...


Board Members

NamePositionTenureCompensationOwnership
Christopher Annas
Founder20.9yrsUS$1.02m3.27%
$ 5.1m
Denise Lindsay
Executive VP15.9yrsUS$634.31k0.76%
$ 1.2m
George Collier
Independent Director20.9yrsUS$48.00k0.61%
$ 957.0k
Robert Casciato
Independent Director20.9yrsUS$50.00k1.94%
$ 3.0m
Anthony Imbesi
Independent Director19.9yrsUS$56.90k3.48%
$ 5.5m
Edward Hollin
Independent Director20.9yrsUS$53.90k0.46%
$ 717.4k
Robert Holland
Lead Independent Director20.9yrsUS$75.20k0.70%
$ 1.1m
Christine Helmig
Independent Director2.2yrsUS$48.00k0.030%
$ 46.3k

20.9yrs

Average Tenure

69yo

Average Age

Experienced Board: MRBK's board of directors are seasoned and experienced ( 20.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 10:58
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Meridian Corporation is covered by 5 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.

AnalystInstitution
Russell Elliott GuntherD.A. Davidson & Co.
null nullD.A. Davidson & Co.
Manuel NavasD.A. Davidson & Co.