Meridian Corporation logo

Meridian Corporation

MRBK

NASDAQFinancial ServicesBanks - Regional

Previous close

$19.89

+$0.30 · +1.53%

Aug 21, 4:00 PM ET

MRBK company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

81

Deep Value

Momentum

54

Neutral

Sentiment

69

Bullish

Risk resilience

76

Moderate Risk

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Company profile

Company website

Meridian Corporation functions as the parent company for Meridian Bank, which provides a comprehensive range of commercial banking products and services throughout Pennsylvania, New Jersey, Delaware, and Maryland. The bank's deposit offerings include various account types such as non-interest-bearing and interest-bearing demand accounts, savings accounts, money market accounts, and certificates of deposit. It extends commercial and industrial financing solutions, encompassing business lines of credit, term loans, small business lending, lease financing, and participation in shared national credit facilities. Additionally, Meridian Bank funds commercial real estate endeavors, as well as land development and construction projects for both residential and commercial properties. Other services include consumer and home equity lending, private banking, merchant services, and title and land settlement assistance. The company is also engaged in originating and servicing mortgage loans for 1-4 family residences. Its expanded service portfolio features real estate holding, investment advisory, and equipment leasing options. With its corporate headquarters located in Malvern, Pennsylvania, the institution operates through a network comprising six full-service branches and nineteen other satellite offices. Meridian Corporation was founded in 2004.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
US
CEO
Christopher J. Annas
Listed since
Nov 7, 2017
Employees
327

Market position

Day range

Current $19.89

52-week range

Current $19.89

Open
$19.85
Previous close
$19.59
Volume
468.07K
3.71× average
Average volume
126.13K
Average daily volume
Market cap
236.5M USD
Beta
0.64
Market reference 1
50-day average
$19.8608
+0.15% above average
200-day average
$18.5822
+7.04% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
330.52M USD
P/E (TTM)
9.47×
P/B (TTM)
1.15×
P/S (TTM)
1.15×
EV / EBITDA
11.64×
Earnings yield
10.97%
Free cash flow yield
11.33%
Dividend yield
2.74%

Profitability & efficiency

Gross margin
59.11%
Operating margin
15.39%
Net margin
11.89%
Return on equity
10.93%
Return on assets
0.85%
Return on invested capital
5.50%

Financial health

Debt / equity
0.77×
Current ratio
0.06×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends103%68%34%-1%Gross margin, FY2021: 94.06%Gross margin, FY2022: 83.84%Gross margin, FY2023: 55.82%Gross margin, FY2024: 51.14%Gross margin, FY2025: 54.36%Operating margin, FY2021: 29.03%Operating margin, FY2022: 21.40%Operating margin, FY2023: 10.07%Operating margin, FY2024: 11.04%Operating margin, FY2025: 13.82%Net margin, FY2021: 22.31%Net margin, FY2022: 16.73%Net margin, FY2023: 7.86%Net margin, FY2024: 8.28%Net margin, FY2025: 10.63%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 94.06%. Gross margin FY2022 83.84%. Gross margin FY2023 55.82%. Gross margin FY2024 51.14%. Gross margin FY2025 54.36%. Operating margin FY2021 29.03%. Operating margin FY2022 21.40%. Operating margin FY2023 10.07%. Operating margin FY2024 11.04%. Operating margin FY2025 13.82%. Net margin FY2021 22.31%. Net margin FY2022 16.73%. Net margin FY2023 7.86%. Net margin FY2024 8.28%. Net margin FY2025 10.63%.

Income trends

Revenue

205.49M USD+4.12%

Operating income

28.4M USD+30.37%

Net income

21.84M USD+33.59%
Income trends across reported periods224.72M USD147.82M USD70.92M USD−5.98M USDRevenue, FY2021: 159.51M USDRevenue, FY2022: 130.45M USDRevenue, FY2023: 168.55M USDRevenue, FY2024: 197.37M USDRevenue, FY2025: 205.49M USDOperating income, FY2021: 46.3M USDOperating income, FY2022: 27.92M USDOperating income, FY2023: 16.97M USDOperating income, FY2024: 21.79M USDOperating income, FY2025: 28.4M USDNet income, FY2021: 35.59M USDNet income, FY2022: 21.83M USDNet income, FY2023: 13.24M USDNet income, FY2024: 16.35M USDNet income, FY2025: 21.84M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 159.51M USD. Revenue FY2022 130.45M USD. Revenue FY2023 168.55M USD. Revenue FY2024 197.37M USD. Revenue FY2025 205.49M USD. Operating income FY2021 46.3M USD. Operating income FY2022 27.92M USD. Operating income FY2023 16.97M USD. Operating income FY2024 21.79M USD. Operating income FY2025 28.4M USD. Net income FY2021 35.59M USD. Net income FY2022 21.83M USD. Net income FY2023 13.24M USD. Net income FY2024 16.35M USD. Net income FY2025 21.84M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue205.49M USD197.37M USD168.55M USD130.45M USD159.51M USD
Cost of goods sold93.79M USD96.43M USD74.46M USD21.08M USD9.48M USD
Gross profit111.71M USD100.94M USD94.09M USD109.36M USD150.03M USD
Selling, general, and administrative55.16M USD8.06M USD51.11M USD59.96M USD82.58M USD
Operating expenses83.3M USD79.15M USD77.13M USD81.44M USD103.73M USD
Interest income166.31M USD156.03M USD136.59M USD88.72M USD71.52M USD
Interest expense78.64M USD85.03M USD67.65M USD18.59M USD8.41M USD
Depreciation and amortization123K USD2.3M USD2.48M USD1.08M USD−4.81M USD
Operating income28.4M USD21.79M USD16.97M USD27.92M USD46.3M USD
Net income21.84M USD16.35M USD13.24M USD21.83M USD35.59M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 5 misses, 1 met estimate
Average EPS surprise
-3.89%
11 comparable reports
Latest EPS result
0.48
Estimate 0.51 · Miss by 5.88%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.650.490.340.18Q1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Jan 24, 2025: actual 0.49, estimate 0.35, surprise +40.00%, Beat. Q2 2025, reported Apr 25, 2025: actual 0.21, estimate 0.33, surprise -36.36%, Miss. Q3 2025, reported Jul 24, 2025: actual 0.49, estimate 0.42, surprise +16.67%, Beat. Q4 2025, reported Oct 23, 2025: actual 0.58, estimate 0.5, surprise +16.00%, Beat. Q1 2026, reported Jan 29, 2026: actual 0.61, estimate 0.55, surprise +10.91%, Beat. Q2 2026, reported Apr 23, 2026: actual 0.39, estimate 0.48, surprise -18.75%, Miss. Q3 2026, reported Jul 30, 2026: actual 0.48, estimate 0.51, surprise -5.88%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate 0.51, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates35.68M32.32M28.96M25.6MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Jan 24, 2025: actual 32.58M USD, estimate 26.97M USD, surprise +20.80%, Beat. Q2 2025, reported Apr 25, 2025: actual 27.1M USD, estimate 27.93M USD, surprise -2.96%, Miss. Q3 2025, reported Jul 24, 2025: actual 32.45M USD, estimate 31.8M USD, surprise +2.03%, Beat. Q4 2025, reported Oct 23, 2025: actual 33.07M USD, estimate 31.88M USD, surprise +3.74%, Beat. Q1 2026, reported Jan 29, 2026: actual 34.24M USD, estimate 32.41M USD, surprise +5.66%, Beat. Q2 2026, reported Apr 23, 2026: actual 30.24M USD, estimate 31.79M USD, surprise -4.87%, Miss. Q3 2026, reported Jul 30, 2026: actual 32.67M USD, estimate 34.31M USD, surprise -4.76%, Miss. Q4 2026, reported Oct 29, 2026: actual —, estimate 33.6M USD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.50

2025 complete year-36.5% since 2021

2026 partial: $0.42

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 10, 2026

$0.14

Quarterly

Record Aug 10, 2026 · Payment Aug 17, 2026

Dividend

Ex-dividend May 4, 2026

$0.14

Quarterly

Record May 4, 2026 · Payment May 11, 2026

Dividend

Ex-dividend Feb 9, 2026

$0.14

Quarterly

Record Feb 9, 2026 · Payment Feb 17, 2026

Dividend

Ex-dividend Nov 10, 2025

$0.125

Quarterly

Record Nov 10, 2025 · Payment Nov 17, 2025

Dividend

Ex-dividend Aug 11, 2025

$0.125

Quarterly

Record Aug 11, 2025 · Payment Aug 18, 2025

Dividend

Ex-dividend May 12, 2025

$0.125

Quarterly

Record May 12, 2025 · Payment May 19, 2025

MRBK peers

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