​
​

Meridian (MRBK) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChart

Meridian Revenue Highlights

Latest Revenue (Y)

$168.27M

Latest Revenue (Q)

$50.31M

Main Segment (Y)

Wealth Segment

Meridian Revenue by Period

Meridian Revenue by Year

DateRevenueChange
2023-12-31-50.44%
2022-12-31--25.97%
2021-12-31-12.68%
2020-12-31-100.57%
2019-12-31-7.19%
2018-12-31-1.23%
2017-12-31--0.54%
2016-12-31-14.92%
2015-12-31-21.80%
2014-12-31-9.18%
2013-12-31-25.92%
2012-12-31--

Meridian generated $168.27M in revenue during NA 2023, up 50.44% compared to the previous quarter, and up 269.80% compared to the same period a year ago.

Meridian Revenue by Quarter

DateRevenueChange
2024-09-30-5.65%
2024-06-30-5.12%
2024-03-31-3.62%
2023-12-31-72.73%
2023-09-30--3.48%
2023-06-30-7.84%
2023-03-31--8.29%
2022-12-31--6.15%
2022-09-30-1.06%
2022-06-30--4.06%
2022-03-31--12.78%
2021-12-31--12.95%
2021-09-30-3.32%
2021-06-30--11.91%
2021-03-31--4.68%
2020-12-31-7.16%
2020-09-30-37.81%
2020-06-30-58.11%
2020-03-31-6.02%
2019-12-31--2.51%
2019-09-30-13.27%
2019-06-30-11.94%
2019-03-31--5.65%
2018-12-31--8.67%
2018-09-30-4.26%
2018-06-30-13.19%
2018-03-31--11.12%
2017-12-31--4.75%
2017-09-30-5.81%
2017-06-30-22.47%
2017-03-31--19.33%
2016-12-31--11.23%
2016-09-30--

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 23Dec 22Dec 21Dec 20Dec 19
Wealth Segment-----
Banking Segment-----
Mortgage Banking Segment-----
Deposit Account-----
Service Charges-----
ATM/Debit Card Commissions and Title Fee Income-----
Atm Debit Card Commissions And Title Fee Income-----

Meridian's latest annual revenue breakdown by segment (product or service), as of Dec 23: Wealth Segment (100.00%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Wealth Segment--------------------
Banking Segment--------------------
Mortgage Banking Segment--------------------
Deposit Account--------------------
Service Charges--------------------
Wealth Management Income--------------------
Investment Advice--------------------

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

Meridian Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
MRBKMeridian--
ISTRInvestar--
FNWBFirst Northwest Bancorp--
FNWDFinward Bancorp--
OVLYOak Valley Bancorp--
FFNWFirst Financial Northwest--
CWBCCommunity West Bancshares--
FCAPFirst Capital--
HMNFHMN Financial--
LSBKLake Shore Bancorp--
HFBLHome Federal Bancorp, Inc. of Louisiana--
MGYRMagyar Bancorp--
HVBCHV Bancorp--
OFEDOconee Federal Financial--

MRBK Revenue FAQ

What is Meridian’s yearly revenue?

Meridian's yearly revenue for 2023 was $168.27M, representing an increase of 50.44% compared to 2022. The company's yearly revenue for 2022 was $111.85M, representing a decrease of -25.97% compared to 2021. MRBK's yearly revenue for 2021 was $151.1M, representing an increase of 12.68% compared to 2020.

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 (2021-2023) was 11.36%, and for the last 5 years (2019-2023) was 151.70%.

What are Meridian’s revenue streams?

Meridian's revenue streams in c 23 are Wealth Segment

What is Meridian’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Meridian was Wealth Segment. This segment made a revenue of $4.93M, representing 100.00% of the company's total revenue.