MRBK icon

Meridian

13.85 USD
-0.08
0.57%
At close Mar 11, 4:00 PM EDT
1 day
-0.57%
5 days
-7.23%
1 month
-18.14%
3 months
-11.67%
6 months
25.91%
Year to date
-0.79%
1 year
36.99%
5 years
61.99%
10 years
51.70%
 

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 7,363 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

1,000% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 1

75% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 12

24% more funds holding

Funds holding: 42 [Q3] → 52 (+10) [Q4]

17% more capital invested

Capital invested by funds: $78M [Q3] → $91.1M (+$13.1M) [Q4]

4.03% more ownership

Funds ownership: 55.17% [Q3] → 59.2% (+4.03%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]

Research analyst outlook

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

Financial journalist opinion

Positive
Zacks Investment Research
2 weeks 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 weeks ago
All You Need to Know About Meridian Bank (MRBK) Rating Upgrade to Buy
Meridian Bank (MRBK) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
All You Need to Know About Meridian Bank (MRBK) Rating Upgrade to Buy
Positive
Zacks Investment Research
1 month 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
1 month 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
1 month 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
1 month 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
3 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
3 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
4 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
4 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
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