MeridianMRBK
MRBK
About: Meridian Corp is a bank holding company. Through its banking subsidiary, it operates as a full-service, state-chartered commercial bank providing personal, business lending, and deposit services. It operates in three reportable segments including Bank, Wealth, and Mortgage. The company generates maximum revenue from the Bank segment which consists of commercial and retail banking. It generates interest income from its lending (including leasing) and investing activities and is dependent on the gathering of lower-cost deposits from its branch network or borrowed funds from other sources for funding its loans.
Employees: 322
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
18% more funds holding
Funds holding: 51 [Q4 2024] → 60 (+9) [Q1 2025]
5% more capital invested
Capital invested by funds: $90.6M [Q4 2024] → $95.1M (+$4.46M) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
0.33% less ownership
Funds ownership: 58.8% [Q4 2024] → 58.47% (-0.33%) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$16
26%
upside
Avg. target
$17
34%
upside
High target
$18
42%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Piper Sandler Frank Schiraldi | 26%upside $16 | Neutral Maintained | 29 Apr 2025 |
DA Davidson Russell Gunther | 42%upside $18 | Buy Maintained | 29 Apr 2025 |
Financial journalist opinion
Based on 3 articles about MRBK published over the past 30 days
Positive
Seeking Alpha
2 days ago
Meridian Corporation: Too Early For An Upgrade
Meridian Corporation remains cheap on valuation and continues to grow its balance sheet, but asset quality concerns persist, justifying my 'hold' rating. Deposit growth is solid, and uninsured deposit exposure is below my risk threshold, but high-brokered deposit levels warrant caution. Loan growth is healthy with minimal office exposure, but profitability metrics like return on assets and equity fall short of my standards.
Negative
Seeking Alpha
2 days ago
Meridian Corporation: Still A Buy Despite A Downward Revision Of Earnings
The apparent weakness in the housing market will keep mortgage banking income low. I've reduced my EPS estimate because I've slashed my mortgage banking income estimate. The net interest margin will likely continue to expand, as asset yields will likely be stickier than funding costs. Further, a sizable balance of CDs will roll over soon.
Neutral
Accesswire
5 days ago
Meridian Bank Sponsors DSHA Homebuyers Fair
WILMINGTON, DELAWARE / ACCESS Newswire / June 9, 2025 / Meridian Bank announced it will be the exclusive Platinum Sponsor of the Delaware State Housing Authority (DSHA) Homebuyers Fair "Destination Homeownership," to be held at the University of Delaware's Clayton Hall Conference Center, 100 Hollowell Dr., Newark, DE, on June 21, 2025, from 9:00am-3:00pm. "Destination Homeownership" is designed as a resource for Delawareans looking to buy their first home, their next home, and for others who are considering a move to the First State.
Negative
Zacks Investment Research
1 month ago
Meridian Bank (MRBK) Misses Q1 Earnings and Revenue Estimates
Meridian Bank (MRBK) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.24 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Meridian Corporation Reports First Quarter 2025 Results and Announces a Quarterly Dividend of $0.125 per Common Share
MALVERN, Pa., April 25, 2025 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported: Three Months Ended (Dollars in thousands, except per share data)((Unaudited) March 31, 2025 December 31, 2024 March 31, 2024 Income: Net income $ 2,399 $ 5,600 $ 2,676 Diluted earnings per common share $ 0.21 $ 0.49 $ 0.24 Pre-provision net revenue (PPNR) (1) $ 8,357 $ 11,167 $ 6,419 (1) See Non-GAAP reconciliation in the Appendix Net income for the quarter ended March 31, 2025 was $2.4 million, or $0.21 per diluted share.
Positive
Seeking Alpha
2 months ago
The Case For Meridian Corporation
Meridian Bank, founded in 2004, has grown significantly within the Delaware Valley, focusing on business, industrial, retail, and commercial lending. Headquartered in Malvern, PA, the bank employs a lean growth model, strategically placing branches to minimize overhead costs. Meridian emphasizes customer satisfaction and client relationships, driving growth through referrals and maintaining a consumer-friendly outlook.
Positive
Seeking Alpha
2 months ago
Meridian Corporation: Earnings To Surge Thanks To Margin, Loan Growth
Due to changes in my interest rate outlook, I have reduced my mortgage banking income estimate but raised my net interest margin estimate. I'm now expecting an EPS of $1.67, down from my previous estimate of $1.69. I'm expecting earnings to grow by 15% this year, thanks to expected net interest margin expansion and loan growth.
Positive
Zacks Investment Research
3 months ago
Are Investors Undervaluing Meridian Bank (MRBK) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Zacks Investment Research
3 months ago
All You Need to Know About Meridian Bank (MRBK) Rating Upgrade to Buy
Meridian Bank (MRBK) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
4 months ago
Is Meridian Bank (MRBK) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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