Meridian Stock (NASDAQ:MRBK)


ForecastRevenueOwnershipFinancialsChart

Previous Close

$13.07

52W Range

$8.26 - $17.33

50D Avg

$14.81

200D Avg

$13.58

Market Cap

$150.43M

Avg Vol (3M)

$60.59K

Beta

0.67

Div Yield

$0.50 (3.75%)

MRBK Company Profile


Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, and shared national credits; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title and land settlement services. In addition, the company operates and originates mortgage loans for 1-4 family dwellings; and offers real estate holding, investment advisory, and equipment leasing services. It operates through a network of 6 full-service branches, and 19 other offices. The company was founded in 2004 and is headquartered in Malvern, Pennsylvania.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

322

IPO Date

Nov 07, 2017

Website

MRBK Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 24Dec 23Dec 22
Banking Segment$1.00K--
Wealth Segment$5.73M$4.93M-
Mortgage Banking Segment---
Deposit Account--$125.00K

Fiscal year ends in Dec 24 | Currency in USD

MRBK Financial Summary


Dec 24Dec 23Dec 22
Revenue$156.03M$94.09M$111.85M
Operating Income$147.97M$27.42M$45.44M
Net Income$16.35M$13.24M$21.83M
EBITDA---
Basic EPS$1.47$1.19$1.85
Diluted EPS$1.45$1.16$1.79

Fiscal year ends in Dec 24 | Currency in USD

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