Meridian Corporation

NasdaqGS:MRBK Stock Report

Market Cap: US$109.6m

Meridian Past Earnings Performance

Past criteria checks 2/6

Meridian has been growing earnings at an average annual rate of 13.1%, while the Banks industry saw earnings growing at 10.5% annually. Revenues have been growing at an average rate of 9.9% per year. Meridian's return on equity is 8.4%, and it has net margins of 14.1%.

Key information

13.1%

Earnings growth rate

14.9%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate9.9%
Return on equity8.4%
Net Margin14.1%
Last Earnings Update31 Dec 2023

Recent past performance updates

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 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

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?

Revenue & Expenses Breakdown
Beta

How Meridian makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:MRBK Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 239413670
30 Sep 239917670
30 Jun 2310219680
31 Mar 2310420680
31 Dec 2210922730
30 Sep 2211725760
30 Jun 2212729820
31 Mar 2213731890
31 Dec 2115036950
30 Sep 21160371030
30 Jun 21160371040
31 Mar 2115234990
31 Dec 2012826860
30 Sep 2010421680
30 Jun 208315570
31 Mar 207111490
31 Dec 196810470
30 Sep 196410450
30 Jun 19649450
31 Mar 19649450
31 Dec 18638460
30 Sep 18646500
31 Mar 18643500
31 Dec 17632500
31 Dec 16674480
31 Dec 15585390
31 Dec 14444300
31 Dec 1341400

Quality Earnings: MRBK has high quality earnings.

Growing Profit Margin: MRBK's current net profit margins (14.1%) are lower than last year (20%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MRBK's earnings have grown by 13.1% per year over the past 5 years.

Accelerating Growth: MRBK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MRBK had negative earnings growth (-39.3%) over the past year, making it difficult to compare to the Banks industry average (-9%).


Return on Equity

High ROE: MRBK's Return on Equity (8.4%) is considered low.


Return on Assets


Return on Capital Employed


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