MRBK icon

Meridian

16.80 USD
-0.05
0.30%
Updated Feb 7, 12:18 PM EST
1 day
-0.30%
5 days
1.82%
1 month
20.43%
3 months
21.39%
6 months
50.54%
Year to date
20.34%
1 year
73.55%
5 years
65.68%
10 years
84.01%
 

About: Meridian Corp is a full-service, state-chartered commercial bank providing personal, business lending, and deposit services. It operates in three business segments including Bank, Wealth, and Mortgage. It generates maximum revenue from the Bank segment that 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, resulting in the generation of net interest income, and other sources.

Employees: 324

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

200% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 3 (+2) [Q3]

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

46% more capital invested

Capital invested by funds: $53.4M [Q2] → $78M (+$24.6M) [Q3]

27% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 11

9.96% more ownership

Funds ownership: 45.21% [Q2] → 55.17% (+9.96%) [Q3]

5% more funds holding

Funds holding: 40 [Q2] → 42 (+2) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for MRBK.

Financial journalist opinion

Based on 4 articles about MRBK published over the past 30 days

Positive
Zacks Investment Research
4 days 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.
Is Meridian Bank (MRBK) Stock Undervalued Right Now?
Positive
Zacks Investment Research
2 weeks ago
Meridian Bank (MRBK) Tops Q4 Earnings and Revenue Estimates
Meridian Bank (MRBK) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.05 per share a year ago.
Meridian Bank (MRBK) Tops Q4 Earnings and Revenue Estimates
Neutral
GlobeNewsWire
2 weeks ago
Meridian Corporation Reports Fourth Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common Share
MALVERN, Pa., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:   Three Months Ended   Year Ended (Dollars in thousands, except per share data)(Unaudited) December 31, 2024   September 30, 2024   December 31, 2024   December 31, 2023 Income:               Net income $ 5,601   $ 4,743   $ 16,346   $ 13,243 Diluted earnings per common share $ 0.49   $ 0.42   $ 1.45   $ 1.16 Pre-tax, pre-provision income(1) $ 11,168   $ 8,527   $ 33,186   $ 23,782 (1) See Non-GAAP reconciliation in the Appendix                               Net income for the quarter ended December 31, 2024 was $5.6 million, or $0.49 per diluted share and $16.3 million, or $1.45 per diluted share, for the year.
Meridian Corporation Reports Fourth Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common Share
Positive
Zacks Investment Research
3 weeks ago
Meridian Bank (MRBK) to Report Q4 Results: Wall Street Expects Earnings Growth
Meridian Bank (MRBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Meridian Bank (MRBK) to Report Q4 Results: Wall Street Expects Earnings Growth
Positive
Zacks Investment Research
2 months ago
Should Value Investors Buy Meridian Bank (MRBK) Stock?
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.
Should Value Investors Buy Meridian Bank (MRBK) Stock?
Positive
Zacks Investment Research
2 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.
Are Investors Undervaluing Meridian Bank (MRBK) Right Now?
Positive
Zacks Investment Research
3 months ago
Best Income Stocks to Buy for November 7th
MRBK, NBTB and JWN made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 7, 2024.
Best Income Stocks to Buy for November 7th
Positive
Zacks Investment Research
3 months ago
Meridian Bank (MRBK) Surpasses Q3 Earnings and Revenue Estimates
Meridian Bank (MRBK) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.35 per share a year ago.
Meridian Bank (MRBK) Surpasses Q3 Earnings and Revenue Estimates
Neutral
GlobeNewsWire
3 months ago
Meridian Corporation Reports Third Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common Share
MALVERN, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:   Three Months Ended (Dollars in thousands, except per share data) (Unaudited) September 30, 2024   June 30, 2024   September 30, 2023 Income:           Net income $ 4,743   $ 3,326   $ 4,005 Diluted earnings per common share $ 0.42   $ 0.30   $ 0.35 Pre-tax, pre-provision income (1) $ 8,527   $ 7,072   $ 5,292 (1) See Non-GAAP reconciliation in the Appendix                       Net income for the quarter ended September 30, 2024 was $4.7 million and pre-tax, pre-provision income was $8.5 million1.
Meridian Corporation Reports Third Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common Share
Positive
Zacks Investment Research
3 months ago
Meridian Bank (MRBK) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
Meridian Bank (MRBK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Meridian Bank (MRBK) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
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