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Meridian Corp  (NASDAQ: MRBK)
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
 
Price: $19.2700 $-0.05 -0.259%
Day's High: $19.420000076293945 Week Perf: -1.43 %
Day's Low: $ 19.09 30 Day Perf: -1.88 %
Volume (M): 58,903 52 Wk High: $ 21.67
Volume (M$): $ 0 52 Wk Avg: $18.00
Open: $19.36 52 Wk Low: $13.81



 Market Capitalization (Millions $) 235
 Shares Outstanding (Millions) 12
 Employees 327
 Revenues (TTM) (Millions $) 114
 Net Income (TTM) (Millions $) 22
 Cash Flow (TTM) (Millions $) -22
 Capital Exp. (TTM) (Millions $) 1

Business Description


Meridian Corp. is a financial services and wealth management company located in Indiana, the United States. The company was established in 2016, and it operates as the holding company for Meridian Bank. Meridian Bank offers a range of financial services, including consumer and commercial banking, wealth management, and trust services. The company also provides various loans and credit services, including commercial lending, residential mortgages, and construction lending.

Meridian Bank has a strong community presence in Indiana and is committed to helping its clients achieve their financial goals. The bank's experienced advisors provide clients with customized solutions to help them manage their wealth and achieve their financial objectives. Meridian Bank strives to build long-lasting relationships with its clients, offering personalized and expert advice through all phases of their financial life.

Meridian Corp. is publicly traded on the NASDAQ stock exchange under the ticker symbol MRBK. The company has a market capitalization of approximately $190 million and employs over 100 people. The bank operates through four offices in Indiana, serving clients throughout the state. Meridian Corp. is led by a team of experienced bankers and financial professionals who are committed to delivering superior customer service and innovative financial solutions.


   Company Address: 9 Old Lincoln Highway Malvern 19355 PA
   Company Phone Number: 568-5000   Stock Exchange / Ticker: NASDAQ MRBK


   

Stock Performances by Major Competitors

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Dividend

Strategic Growth: Meridian Bank Fortifies Commercial Lending with New SVP Appointment,

Published Fri, Jan 24 2025 2:00 PM UTC

Expanding Horizons: Meridian Bank Welcomes Patrick Hart to Strengthen Commercial LendingMalvern, PA Jan. 24, 2025 Meridian Corporation (Nasdaq: MRBK), a recognized leader in the financial services industry, is poised for a promising year as it announces the strategic appointment of Patrick Hart as Senior Vice President. This pivotal move, initially reported on April 15, ...

Management Changes

Meridian Bank Welcomes Patrick Hart as SVP, Boosting Commercial Lending Strengths

Published Mon, Apr 15 2024 5:50 PM UTC

Patrick Hart Joins Meridian Bank as SVP, Commercial Lending
Meridian Bank has recently announced the appointment of Patrick Hart as the Senior Vice President of Commercial Lending. Based in Chester County, Hart will work closely with various commercial and industrial organizations within the community.
This announcement comes after Meridian Corp s fourth-quarter res...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 10.42
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 2.06
Price to Sales (Expected) -
Price to Book 1.15
PEG (TTM) 0.72

Financial Strength Current
Quick Ratio 1.14
Working Capital Ratio 1.24
Leverage Ratio (MRQ) 11.66
Total Debt to Equity 0.77
Interest Coverage (TTM) 1.5
Debt Coverage (TTM) 1.11

Per Share Current
Earnings (TTM) 1.85 $
Revenues (TTM) 9.33 $
Cash Flow (TTM) -
Cash 10.66 $
Book Value 16.82 $
Dividend (TTM) 0.52 $

Efficiency Current
Revenue per Employee (TTM) 347,480
Net Income per Employee (TTM) 66,232
Receivable Turnover Ratio (TTM) -
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 0.04

Profitability Ratios Current
Gross Margin (MRQ) 0 %
Operating Margin (MRQ) 0 %
Net Margin (MRQ) 19.55 %
Net Cash Flow Margin (MRQ) 0 %
Effective Tax Rate (TTM) 22.75 %

Management Effectiveness Current
Return On Assets (TTM) 0.84 %
Return On Investment (TTM) 2.35 %
Return On Equity (TTM) 10.93 %
Dividend Yield 2.91 %
Pay out Ratio (TTM) 28.11 %



Meridian's Segments
Wealth    11.56 % of total Revenue
Wealth Wealth management income    5.74 % of total Revenue





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