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Meridian (MRBK) Revenue & Revenue Breakdown

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Meridian Revenue Highlights

Latest Revenue (Y)

$156.03M

Latest Revenue (Q)

$50.31M

Main Segment (Y)

Wealth Segment

Meridian Revenue by Period

Meridian Revenue by Year

DateRevenueChange
2024-12-31$156.03M65.82%
2023-12-31$94.09M-15.88%
2022-12-31$111.85M-25.97%
2021-12-31$151.10M12.68%
2020-12-31$134.09M100.57%
2019-12-31$66.86M7.19%
2018-12-31$62.37M1.23%
2017-12-31$61.61M-0.54%
2016-12-31$61.95M14.92%
2015-12-31$53.90M21.80%
2014-12-31$44.26M9.18%
2013-12-31$40.54M25.92%
2012-12-31$32.19M-

Meridian generated $156.03M in revenue during NA 2024, up 65.82% compared to the previous quarter, and up 233.38% compared to the same period a year ago.

Meridian Revenue by Quarter

DateRevenueChange
2024-09-30$50.31M5.65%
2024-06-30$47.62M5.12%
2024-03-31$45.30M3.62%
2023-12-31$43.72M72.73%
2023-09-30$25.31M-3.48%
2023-06-30$26.22M7.84%
2023-03-31$24.32M-8.29%
2022-12-31$26.51M-6.15%
2022-09-30$28.25M1.06%
2022-06-30$27.95M-4.06%
2022-03-31$29.14M-12.78%
2021-12-31$33.41M-12.95%
2021-09-30$38.38M3.32%
2021-06-30$37.14M-11.91%
2021-03-31$42.17M-4.68%
2020-12-31$44.24M7.16%
2020-09-30$41.28M37.81%
2020-06-30$29.96M58.11%
2020-03-31$18.95M6.02%
2019-12-31$17.87M-2.51%
2019-09-30$18.33M13.27%
2019-06-30$16.18M11.94%
2019-03-31$14.46M-5.65%
2018-12-31$15.32M-8.67%
2018-09-30$16.78M4.26%
2018-06-30$16.09M13.19%
2018-03-31$14.22M-11.12%
2017-12-31$15.99M-4.75%
2017-09-30$16.79M5.81%
2017-06-30$15.87M22.47%
2017-03-31$12.96M-19.33%
2016-12-31$16.06M-11.23%
2016-09-30$18.09M-

Meridian generated $50.31M in revenue during Q3 2024, up 5.65% compared to the previous quarter, and up 191.88% compared to the same period a year ago.

Meridian Revenue Breakdown

Meridian Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Banking Segment$1.00K----
Wealth Segment$5.73M$4.93M---
Mortgage Banking Segment-----
Deposit Account--$125.00K--
Service Charges---$129.00K-
ATM/Debit Card Commissions and Title Fee Income---$1.20M-
Atm Debit Card Commissions And Title Fee Income----$925.00K

Meridian's latest annual revenue breakdown by segment (product or service), as of Dec 24: Wealth Segment (99.98%), and Banking Segment (0.02%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Wealth Segment$2.97M$1.45M$1.32M$3.67M$1.26M$853.00K$1.02M$944.00K$891.00K-----------
Mortgage Banking Segment--------------------
Banking Segment----$-18.00K$31.00K--------------
Deposit Account-----$37.00K$35.00K$32.00K$31.00K$27.00K$35.00K$33.00K$32.00K$30.00K$28.00K-----
Service Charges----------$30.00K---------
Wealth Management Income----------$1.27M---------
Investment Advice-----------$1.23M$1.16M$1.14M$1.03M$951.00K----

Meridian's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Wealth Segment (100.00%).

Meridian Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
MRBKMeridian$156.03M$50.31M
ISTRInvestar$143.87M$39.10M
FNWBFirst Northwest Bancorp$112.34M$28.21M
OVLYOak Valley Bancorp$78.21M$19.50M
FFNWFirst Financial Northwest$77.37M$20.09M
FNWDFinward Bancorp$71.60M$22.47M
CWBCCommunity West Bancshares$61.39M$27.26M
FCAPFirst Capital$42.00M$15.02M
LSBKLake Shore Bancorp$34.80M$9.64M
HFBLHome Federal Bancorp, Inc. of Louisiana$33.45M$7.66M
MGYRMagyar Bancorp$30.42M$8.40M

MRBK Revenue FAQ

What is Meridian’s yearly revenue?

Meridian's yearly revenue for 2024 was $156.03M, representing an increase of 65.82% compared to 2023. The company's yearly revenue for 2023 was $94.09M, representing a decrease of -15.88% compared to 2022. MRBK's yearly revenue for 2022 was $111.85M, representing a decrease of -25.97% compared to 2021.

What is Meridian’s quarterly revenue?

Meridian's quarterly revenue for Q3 2024 was $50.32M, a 5.65% increase from the previous quarter (Q2 2024), and a 98.79% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $47.62M, a 5.12% increase from the previous quarter (Q1 2024), and a 81.61% increase year-over-year (Q2 2023). MRBK's quarterly revenue for Q1 2024 was $45.3M, a 3.62% increase from the previous quarter (Q4 2023), and a 86.31% increase year-over-year (Q1 2023).

What is Meridian’s revenue growth rate?

Meridian's revenue growth rate for the last 3 years (2022-2024) was 39.49%, and for the last 5 years (2020-2024) was 16.36%.

What are Meridian’s revenue streams?

Meridian's revenue streams in c 24 are Banking Segment, and Wealth Segment. Banking Segment generated $1K in revenue, accounting 0.02% of the company's total revenue Wealth Segment generated $5.73M in revenue, accounting 99.98% of the company's total revenue, up 16.36% year-over-year.

What is Meridian’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Meridian was Wealth Segment. This segment made a revenue of $5.73M, representing 99.98% of the company's total revenue.