Meridian Corporation(MRBK)Earnings, Financials & Key Ratios

MRBK•NASDAQ•Banking & Credit

10.6× P/E·Price updated Jun 13, 2026

SectorFinancial Services IndustryRegional Banks Sub-IndustryCommercial and middle-market focused banks

AboutMeridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, and shared national credits; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title and land settlement services. In addition, the company operates and originates mortgage loans for 1-4 family dwellings; and offers real estate holding, investment advisory, and equipment leasing services. It operates through a network of 6 full-service branches, and 19 other offices. The company was founded in 2004 and is headquartered in Malvern, Pennsylvania.Show more

Net Interest Income$88M+23.5%
Total Revenue$205M+4.1%
Net Income$22M+33.6%
Return on Equity11.76%+18.6%
Net Interest Margin3.42%+15.1%
Efficiency Ratio40.54%+1.1%
ROA0.88%+25.1%
Equity / Assets7.8%+8.5%
Book Value per Share17.31+13.5%
Tangible BV/Share17.01+13.9%
Debt/Equity0.89-12.3%

MRBK Key Insights

Meridian Corporation (MRBK) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓Efficient operations: 40.5% efficiency ratio
✓Healthy dividend yield of 2.5%
✓Trading at only 1.2x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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MRBK Price & Volume

Meridian Corporation (MRBK) stock price & volume — 10-year historical chart

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MRBK Growth Metrics

Meridian Corporation (MRBK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years13.39%

5 Years6.56%

3 Years16.36%

TTM-

Profit CAGR

10 Years13.44%

5 Years-3.75%

3 Years0.01%

TTM33.59%

EPS CAGR

10 Years5.76%

5 Years-2.45%

3 Years1.83%

TTM30.34%

Return on Capital

10 Years9.72%

5 Years9.74%

3 Years5.78%

Last Year2.1%

MRBK Recent Earnings

Meridian Corporation (MRBK) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 4/12 qtrs (44%)●Beat Revenue 6/12 qtrs (67%)

Q2 2026Latest

Apr 24, 2026

EPS

$0.39

Est $0.48

-18.8%

Revenue

$30M

Est $32M

-4.9%

Q2 2026

Apr 23, 2026

EPS

$0.39

Est $0.48

-18.8%

Revenue

$30M

Est $32M

-4.9%

Q2 2026

Mar 13, 2026

EPS

$0.61

Revenue

$53M

Q1 2026

Jan 29, 2026

EPS

$0.61

Est $0.55

+10.9%

Revenue

$34M

Est $32M

+5.7%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 24, 2026	$0.39vs $0.48-18.8%	$30Mvs $32M-4.9%
Q2 2026	Apr 23, 2026	$0.39vs $0.48-18.8%	$30Mvs $32M-4.9%
Q2 2026	Mar 13, 2026	$0.61	$53M
Q1 2026	Jan 29, 2026	$0.61vs $0.55+10.9%	$34Mvs $32M+5.7%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
NBTBNBT Bancorp Inc.Direct Competitor	2.52B	48.18	14.47	10.36%	18.76%	9.51%	0.17
FXNCFirst National CorporationDirect Competitor	272.95M	30.19	15.40	27.11%	15.35%	9.98%	0.23
CZWICitizens Community Bancorp, Inc.Direct Competitor	206.63M	21.46	14.70	-9.41%	16.01%	7.81%	0.28
PBFSPioneer Bancorp, Inc.Direct Competitor	423.05M	16.87	22.20	-10.72%	15.32%	6.19%
ACNBACNB CorporationDirect Competitor	595.33M	57.50	15.97	28.89%	19.43%	9.2%	0.78
WSFSWSFS Financial CorporationProduct Competitor	3.97B	75.24	14.78	-3.05%	21.14%	10.65%	0.11
TRMKTrustmark CorporationProduct Competitor	2.7B	45.90	12.41	34.75%	19.32%	10.77%	0.53
FULTFulton Financial CorporationProduct Competitor	4.5B	23.36	11.23	5.03%	20.7%	11.6%	0.37

Compare MRBK vs Peers

Meridian Corporation (MRBK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NBTB

Most directly comparable listed peer for MRBK.

Scale Benchmark

vs ICE

Larger-name benchmark to compare MRBK against a more recognizable public peer.

Peer Set

Compare Top 5

vs NBTB, FXNC, CZWI, PBFS

MRBK Income Statement

Meridian Corporation (MRBK) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Metric	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Net Interest Income	28.94M	32.66M	36.34M	49M	63.11M	70.13M	68.94M	71M	87.68M
NII Growth %	12.21%	12.85%	11.27%	34.84%	28.81%	11.12%	-1.69%	2.98%	23.5%
Net Interest Margin %	3.38%	3.27%	3.16%	2.85%	3.68%	3.4%	3.07%	2.98%	3.42%
Interest Income	35.72M	44.06M	52.86M	62.66M	71.52M	88.72M	136.59M	156.03M	166.31M
Interest Expense	6.78M	11.41M	16.53M	13.66M	8.41M	18.59M	67.65M	85.03M	78.64M
Loan Loss Provision	2.16M	1.58M	901K	8.3M	1.07M	2.49M	6.82M	11.4M	15.15M
Non-Interest Income	32.67M	29.71M	32.89M	86.92M	87.99M	41.72M	31.96M	41.34M	39.18M
Non-Interest Income %	47.77%	40.27%	38.36%	58.11%	55.16%	31.99%	18.96%	20.95%	19.07%
Total Revenue	68.39M▲ 0%	73.78M▲ 7.9%	85.76M▲ 16.2%	149.57M▲ 74.4%	159.51M▲ 6.6%	130.44M▼ 18.2%	168.55M▲ 29.2%	197.37M▲ 17.1%	205.49M▲ 4.1%
Revenue Growth %	1.87%	7.87%	16.24%	74.42%	6.64%	-18.22%	29.21%	17.09%	4.12%
Non-Interest Expense	53.67M	50.3M	54.81M	93.08M	103.73M	81.44M	77.13M	79.15M	83.3M
Efficiency Ratio	78.46%	68.18%	63.92%	62.23%	65.03%	62.44%	45.76%	40.1%	40.54%
Operating Income	5.79M▲ 0%	10.49M▲ 81.3%	13.51M▲ 28.8%	34.54M▲ 155.6%	46.3M▲ 34.1%	27.92M▼ 39.7%	16.97M▼ 39.2%	21.79M▲ 28.4%	28.4M▲ 30.4%
Operating Margin %	8.46%	14.22%	15.76%	23.09%	29.03%	21.4%	10.07%	11.04%	13.82%
Operating Income Growth %	-23.07%	81.3%	28.83%	155.56%	34.07%	-39.7%	-39.23%	28.4%	30.37%
Pretax Income	5.79M▲ 0%	10.49M▲ 81.3%	13.51M▲ 28.8%	34.54M▲ 155.6%	46.3M▲ 34.1%	27.92M▼ 39.7%	16.97M▼ 39.2%	21.79M▲ 28.4%	28.4M▲ 30.4%
Pretax Margin %	8.46%	14.22%	15.76%	23.09%	29.03%	21.4%	10.07%	11.04%	13.82%
Income Tax	2.75M	2.33M	3.03M	8.1M	10.72M	6.09M	3.72M	5.44M	6.57M
Effective Tax Rate %	47.6%	22.18%	22.44%	23.45%	23.15%	21.82%	21.95%	24.97%	23.12%
Net Income	3.03M▲ 0%	8.16M▲ 169.2%	10.48M▲ 28.4%	26.44M▲ 152.2%	35.59M▲ 34.6%	21.83M▼ 38.7%	13.24M▼ 39.3%	16.35M▲ 23.4%	21.84M▲ 33.6%
Net Margin %	4.43%	11.06%	12.22%	17.68%	22.31%	16.73%	7.86%	8.28%	10.63%
Net Income Growth %	-38.4%	169.23%	28.4%	152.25%	34.6%	-38.66%	-39.33%	23.43%	33.59%
Net Income (Continuing)	3.03M	8.16M	10.48M	26.44M	35.59M	21.83M	13.24M	16.35M	21.84M
EPS (Diluted)	0.25▲ 0%	0.64▲ 156.0%	0.82▲ 28.1%	2.14▲ 161.0%	2.87▲ 34.1%	1.79▼ 37.6%	1.16▼ 35.2%	1.45▲ 25.0%	1.89▲ 30.3%
EPS Growth %	-68.75%	156%	28.13%	160.98%	34.11%	-37.63%	-35.2%	25%	30.34%
EPS (Basic)	0.25	0.64	0.82	2.15	2.96	1.85	1.19	1.47	1.93
Diluted Shares Outstanding	7.54M	12.85M	12.88M	12.37M	12.41M	12.2M	11.39M	11.24M	11.54M

MRBK Balance Sheet

Meridian Corporation (MRBK) balance sheet — assets, liabilities & shareholders' equity

Metric	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash & Short Term Investments	64.9M	75.58M	77.96M	157.75M	182.78M	173.74M	202.72M	105.67M	203.81M
Cash & Due from Banks	24.89M	23.16M	19.11M	34.19M	23.48M	38.39M	56.7M	27.46M	10.36M
Short Term Investments	40.01M	52.42M	58.86M	123.56M	159.3M	135.35M	146.02M	78.21M	193.46M
Total Investments	775.06M	929.58M	1.06B	1.6B	1.53B	1.78B	1.96B	2.18B	2.37B
Investments Growth %	13.23%	19.94%	13.69%	51.04%	-4.25%	16.77%	10.08%	11.02%	8.52%
Long-Term Investments	735.05M	877.16M	997.99M	1.47B	1.37B	1.65B	1.82B	2.1B	2.27B
Accounts Receivables	2.54M	2.89M	3.15M	5.48M	5.01M	7.36M	9.32M	9.96M	10.72M
Goodwill & Intangibles	5.5M	5.05M	4.77M	4.5M	4.28M	4.07M	3.87M	3.67M	3.46M
Goodwill	899K	899K	899K	899K	899K	899K	899K	899K	899K
Intangible Assets	4.6M	4.15M	3.87M	3.6M	3.38M	3.17M	2.97M	2.77M	2.56M
PP&E (Net)	9.74M	9.64M	8.64M	7.78M	11.81M	13.35M	13.56M	12.15M	12.4M
Other Assets	36.24M	24.1M	54.7M	40.89M	50.85M	73.11M	76.11M	73.39M	249.44M
Total Current Assets	68.2M	79.8M	81.81M	194.27M	276.03M	318.49M	329.97M	189.14M	21.08M
Total Non-Current Assets	787.84M	917.68M	1.07B	1.53B	1.44B	1.74B	1.92B	2.2B	2.54B
Total Assets	856.03M▲ 0%	997.48M▲ 16.5%	1.15B▲ 15.3%	1.72B▲ 49.6%	1.71B▼ 0.4%	2.06B▲ 20.4%	2.25B▲ 8.9%	2.39B▲ 6.2%	2.56B▲ 7.3%
Asset Growth %	16.67%	16.52%	15.29%	49.58%	-0.39%	20.36%	8.92%	6.22%	7.32%
Return on Assets (ROA)	0.38%	0.88%	0.98%	1.84%	2.07%	1.16%	0.61%	0.71%	0.88%
Accounts Payable	216K	305K	1.09M	1.15M	31K	2.39M	10.32M	6.86M	6.53M
Total Debt	121.92M	129.78M	167.76M	256.67M	81.85M	162.43M	191.73M	174.21M	177.92M
Net Debt	97.03M	106.62M	148.66M	222.48M	58.37M	124.04M	135.03M	146.75M	167.56M
Long-Term Debt	15.37M	10.48M	40.96M	40.67M	40.51M	40.35M	49.84M	49.74M	60.23M
Short-Term Debt	106.55M	119.3M	126.8M	216M	41.34M	122.08M	141.9M	124.47M	108.61M
Other Liabilities	5.43M	5.72M	9.31M	79.41M	19.79M	31.65M	62.65M	27.9M	2.2B
Total Current Liabilities	733.88M	871.74M	979.05M	1.46B	1.49B	1.84B	1.98B	2.14B	108.61M
Total Non-Current Liabilities	20.8M	16.19M	50.27M	120.08M	60.3M	72M	112.49M	77.65M	2.26B
Total Liabilities	754.67M	887.93M	1.03B	1.58B	1.55B	1.91B	2.09B	2.21B	2.36B
Total Equity	101.36M▲ 0%	109.55M▲ 8.1%	120.69M▲ 10.2%	141.62M▲ 17.3%	165.36M▲ 16.8%	153.28M▼ 7.3%	158.02M▲ 3.1%	171.52M▲ 8.5%	199.72M▲ 16.4%
Equity Growth %	44.88%	8.08%	10.17%	17.34%	16.76%	-7.31%	3.09%	8.54%	16.44%
Equity / Assets (Capital Ratio)	11.84%	10.98%	10.5%	8.23%	9.65%	7.43%	7.04%	7.19%	7.8%
Return on Equity (ROE)	3.54%	7.74%	9.1%	20.16%	23.18%	13.7%	8.51%	9.92%	11.76%
Book Value per Share	13.44	8.52	9.37	11.45	13.32	12.56	13.88	15.26	17.31
Tangible BV per Share	12.71	8.13	9.00	11.08	12.98	12.23	13.54	14.93	17.01
Common Stock	6.39M	6.41M	6.41M	6.46M	6.54M	13.16M	13.19M	13.24M	13.83M
Additional Paid-in Capital	79.5M	79.92M	80.2M	81.2M	83.66M	79.07M	80.33M	81.55M	90.35M
Retained Earnings	15.77M	23.62M	34.1M	59.01M	84.92M	95.81M	101.22M	111.96M	128.12M
Accumulated OCI	-298K	-390K	-3K	2.56M	708K	-11.54M	-9.42M	-8.14M	-5.28M
Treasury Stock	0	0	-3K	-5.83M	-8.86M	-21.82M	-26.08M	-26.08M	-26.08M
Preferred Stock	0	0	0	0	0	0	0	0	0

MRBK Cash Flow Statement

Meridian Corporation (MRBK) cash flow — operating, investing & free cash flow history

Metric	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash from Operations	10.48M	11.03M	21.57M	-158.47M	165.12M	84.67M	18.85M	9.6M	24.3M
Operating CF Growth %	-79.9%	5.26%	95.55%	-834.69%	204.2%	-48.72%	-77.73%	-49.1%	153.18%
Net Income	3.03M	8.16M	10.48M	26.44M	35.59M	21.83M	13.24M	16.35M	21.84M
Depreciation & Amortization	963K	1.42M	867K	-2.07M	-4.81M	1.08M	2.48M	2.3M	123K
Deferred Taxes	-66K	-385K	-503K	1.25M	-768K	1.11M	-234K	-799K	0
Other Non-Cash Items	6.83M	2.49M	7.27M	-202.62M	139.44M	61.62M	-479K	191K	5.99M
Working Capital Changes	-488K	-952K	3.18M	17.77M	-5.93M	-2.44M	2.67M	-9.42M	-4.84M
Cash from Investing	-109.64M	-155.6M	-143.08M	-370.7M	-140.51M	-393.15M	-164.19M	-165M	-163.9M
Purchase of Investments	-12.6M	-17.09M	-44.68M	-114.49M	-74.34M	-37M	-33.21M	-66.76M	0
Sale/Maturity of Investments	7.18M	6.18M	38.67M	56.31M	34.03M	13.03M	24.57M	37.55M	0
Net Investment Activity	-5.42M	-10.91M	-6.01M	-58.18M	-40.31M	-23.97M	-8.64M	-29.22M	0
Acquisitions	-3.23M	0	0	0	0	0	0	0	0
Other Investing	-98.59M	-143.05M	-136.32M	-311.77M	-94.83M	-366.27M	-153.72M	-135.21M	-163.9M
Cash from Financing	115.8M	133.02M	136.93M	526.54M	-37.87M	323.39M	163.64M	126.16M	147.92M
Dividends Paid	-1.17M	0	0	-1.52M	-9.68M	-10.93M	-5.61M	-5.6M	-5.67M
Share Repurchases	0	0	-3K	-5.7M	-3.03M	-12.96M	-4.26M	0	-425K
Stock Issued	42.12M	140K	0	0	0	0	0	499K	8.4M
Net Stock Activity	42.12M	140K	-3K	-5.7M	-3.03M	-12.96M	-4.26M	499K	7.98M
Debt Issuance (Net)	-1000K	1000K	1000K	1000K	-1000K	1000K	1000K	-1000K	-1000K
Other Financing	99.98M	125.16M	98.1M	388.33M	206.18M	266.82M	111.29M	181.91M	152.76M
Net Change in Cash	16.63M▲ 0%	-11.55M▼ 169.5%	15.42M▲ 233.5%	-2.63M▼ 117.0%	-13.26M▼ 404.9%	14.91M▲ 212.4%	18.31M▲ 22.8%	-29.23M▼ 259.7%	2.21M▲ 107.6%
Exchange Rate Effect	0	0	0	0	0	0	0	0	0
Cash at Beginning	18.87M	35.51M	23.95M	39.37M	36.74M	23.48M	38.39M	56.7M	3.03M
Cash at End	35.51M	23.95M	39.37M	36.74M	23.48M	38.39M	56.7M	27.46M	5.24M
Interest Paid	6.76M	11.32M	15.74M	13.59M	9.53M	16.23M	59.71M	88.5M	78.97M
Income Taxes Paid	2.75M	2.73M	2.64M	5.29M	14.07M	5.37M	3.1M	3.08M	11.21M
Free Cash Flow	8.07M▲ 0%	9.39M▲ 16.4%	20.82M▲ 121.7%	-159.21M▼ 864.6%	159.75M▲ 200.3%	81.76M▼ 48.8%	17.03M▼ 79.2%	9.03M▼ 47.0%	22.57M▲ 149.9%
FCF Growth %	-83.39%	16.38%	121.73%	-864.6%	200.34%	-48.82%	-79.17%	-46.98%	149.93%

MRBK Banking Ratios

Meridian Corporation (MRBK) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	8.01%	3.54%	7.74%	9.1%	20.16%	23.18%	13.7%	8.51%	9.92%	11.76%
Return on Assets (ROA)	0.7%	0.38%	0.88%	0.98%	1.84%	2.07%	1.16%	0.61%	0.71%	0.88%
Net Interest Margin	3.51%	3.38%	3.27%	3.16%	2.85%	3.68%	3.4%	3.07%	2.98%	3.42%
Efficiency Ratio	79.28%	78.46%	68.18%	63.92%	62.23%	65.03%	62.44%	45.76%	40.1%	40.54%
Equity / Assets	9.54%	11.84%	10.98%	10.5%	8.23%	9.65%	7.43%	7.04%	7.19%	7.8%
Book Value / Share	14.87	13.44	8.52	9.37	11.45	13.32	12.56	13.88	15.26	17.31
NII Growth	10.25%	12.21%	12.85%	11.27%	34.84%	28.81%	11.12%	-1.69%	2.98%	23.5%
Dividend Payout	-	-	-	-	5.77%	27.2%	50.07%	42.39%	34.27%	25.98%

MRBK SEC Filings & Documents

Meridian Corporation (MRBK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 23, 2026·SEC

Material company update

Apr 23, 2026·SEC

Material company update

Jan 29, 2026·SEC

10-K Annual Reports

FY 2026

Mar 13, 2026·SEC

FY 2025

Mar 17, 2025·SEC

FY 2024

Mar 15, 2024·SEC

10-Q Quarterly Reports

FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 8, 2025·SEC

FY 2025

May 9, 2025·SEC

MRBK Frequently Asked Questions

Meridian Corporation (MRBK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Meridian Corporation (MRBK) grew revenue by 4.1% over the past year. Growth has been modest.

Yes, Meridian Corporation (MRBK) is profitable, generating $21.8M in net income for fiscal year 2025 (10.6% net margin).

Dividend & Returns

Yes, Meridian Corporation (MRBK) pays a dividend with a yield of 2.46%. This makes it attractive for income-focused investors.

Meridian Corporation (MRBK) has a return on equity (ROE) of 11.8%. This is reasonable for most industries.

Industry Metrics

Meridian Corporation (MRBK) has a net interest margin (NIM) of 3.4%. This indicates healthy earnings from lending activities.

Meridian Corporation (MRBK) has an efficiency ratio of 40.5%. This is excellent, indicating strong cost control.

What if you invested $1,000 in MRBK back in 2014?

Total return calculator · dividends reinvested · 12+ years of data

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Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

Apr 24, 2026

$0.39vs $0.48-18.8%

$30Mvs $32M-4.9%

Q2 2026

Apr 23, 2026

$0.39vs $0.48-18.8%

$30Mvs $32M-4.9%

Q2 2026

Mar 13, 2026

$0.61

$53M

Q1 2026

Jan 29, 2026

$0.61vs $0.55+10.9%

$34Mvs $32M+5.7%

Metric

Dec'17

Dec'18

Dec'19

Dec'20

Dec'21

Dec'22

Dec'23

Dec'24

Dec'25

Net Interest Income

28.94M

32.66M

36.34M

49M

63.11M

70.13M

68.94M

71M

87.68M

NII Growth %

12.21%

12.85%

11.27%

34.84%

28.81%

11.12%

-1.69%

2.98%

23.5%

Net Interest Margin %

3.38%

3.27%

3.16%

2.85%

3.68%

3.4%

3.07%

2.98%

3.42%

Interest Income

35.72M

44.06M

52.86M

62.66M

71.52M

88.72M

136.59M

156.03M

166.31M

Interest Expense

6.78M

11.41M

16.53M

13.66M

8.41M

18.59M

67.65M

85.03M

78.64M

Loan Loss Provision

2.16M

1.58M

901K

8.3M

1.07M

2.49M

6.82M

11.4M

15.15M

Non-Interest Income

32.67M

29.71M

32.89M

86.92M

87.99M

41.72M

31.96M

41.34M

39.18M

Non-Interest Income %

47.77%

40.27%

38.36%

58.11%

55.16%

31.99%

18.96%

20.95%

19.07%

Total Revenue

68.39M▲ 0%

73.78M▲ 7.9%

85.76M▲ 16.2%

149.57M▲ 74.4%

159.51M▲ 6.6%

130.44M▼ 18.2%

168.55M▲ 29.2%

197.37M▲ 17.1%

205.49M▲ 4.1%

Revenue Growth %

1.87%

7.87%

16.24%

74.42%

6.64%

-18.22%

29.21%

17.09%

4.12%

Non-Interest Expense

53.67M

50.3M

54.81M

93.08M

103.73M

81.44M

77.13M

79.15M

83.3M

Efficiency Ratio

78.46%

68.18%

63.92%

62.23%

65.03%

62.44%

45.76%

40.1%

40.54%

Operating Income

5.79M▲ 0%

10.49M▲ 81.3%

13.51M▲ 28.8%

34.54M▲ 155.6%

46.3M▲ 34.1%

27.92M▼ 39.7%

16.97M▼ 39.2%

21.79M▲ 28.4%

28.4M▲ 30.4%

Operating Margin %

8.46%

14.22%

15.76%

23.09%

29.03%

21.4%

10.07%

11.04%

13.82%

Operating Income Growth %

-23.07%

81.3%

28.83%

155.56%

34.07%

-39.7%

-39.23%

28.4%

30.37%

Pretax Income

5.79M▲ 0%

10.49M▲ 81.3%

13.51M▲ 28.8%

34.54M▲ 155.6%

46.3M▲ 34.1%

27.92M▼ 39.7%

16.97M▼ 39.2%

21.79M▲ 28.4%

28.4M▲ 30.4%

Pretax Margin %

8.46%

14.22%

15.76%

23.09%

29.03%

21.4%

10.07%

11.04%

13.82%

Income Tax

2.75M

2.33M

3.03M

8.1M

10.72M

6.09M

3.72M

5.44M

6.57M

Effective Tax Rate %

47.6%

22.18%

22.44%

23.45%

23.15%

21.82%

21.95%

24.97%

23.12%

Net Income

3.03M▲ 0%

8.16M▲ 169.2%

10.48M▲ 28.4%

26.44M▲ 152.2%

35.59M▲ 34.6%

21.83M▼ 38.7%

13.24M▼ 39.3%

16.35M▲ 23.4%

21.84M▲ 33.6%

Net Margin %

4.43%

11.06%

12.22%

17.68%

22.31%

16.73%

7.86%

8.28%

10.63%

Net Income Growth %

-38.4%

169.23%

28.4%

152.25%

34.6%

-38.66%

-39.33%

23.43%

33.59%

Net Income (Continuing)

3.03M

8.16M

10.48M

26.44M

35.59M

21.83M

13.24M

16.35M

21.84M

EPS (Diluted)

0.25▲ 0%

0.64▲ 156.0%

0.82▲ 28.1%

2.14▲ 161.0%

2.87▲ 34.1%

1.79▼ 37.6%

1.16▼ 35.2%

1.45▲ 25.0%

1.89▲ 30.3%

EPS Growth %

-68.75%

156%

28.13%

160.98%

34.11%

-37.63%

-35.2%

25%

30.34%

EPS (Basic)

0.25

0.64

0.82

2.15

2.96

1.85

1.19

1.47

1.93

Diluted Shares Outstanding

7.54M

12.85M

12.88M

12.37M

12.41M

12.2M

11.39M

11.24M

11.54M

Metric

Dec'17

Dec'18

Dec'19

Dec'20

Dec'21

Dec'22

Dec'23

Dec'24

Dec'25

Cash & Short Term Investments

64.9M

75.58M

77.96M

157.75M

182.78M

173.74M

202.72M

105.67M

203.81M

Cash & Due from Banks

24.89M

23.16M

19.11M

34.19M

23.48M

38.39M

56.7M

27.46M

10.36M

Short Term Investments

40.01M

52.42M

58.86M

123.56M

159.3M

135.35M

146.02M

78.21M

193.46M

Total Investments

775.06M

929.58M

1.06B

1.6B

1.53B

1.78B

1.96B

2.18B

2.37B

Investments Growth %

13.23%

19.94%

13.69%

51.04%

-4.25%

16.77%

10.08%

11.02%

8.52%

Long-Term Investments

735.05M

877.16M

997.99M

1.47B

1.37B

1.65B

1.82B

2.1B

2.27B

Accounts Receivables

2.54M

2.89M

3.15M

5.48M

5.01M

7.36M

9.32M

9.96M

10.72M

Goodwill & Intangibles

5.5M

5.05M

4.77M

4.5M

4.28M

4.07M

3.87M

3.67M

3.46M

Goodwill

899K

Intangible Assets

4.6M

4.15M

3.87M

3.6M

3.38M

3.17M

2.97M

2.77M

2.56M

PP&E (Net)

9.74M

9.64M

8.64M

7.78M

11.81M

13.35M

13.56M

12.15M

12.4M

Other Assets

36.24M

24.1M

54.7M

40.89M

50.85M

73.11M

76.11M

73.39M

249.44M

Total Current Assets

68.2M

79.8M

81.81M

194.27M

276.03M

318.49M

329.97M

189.14M

21.08M

Total Non-Current Assets

787.84M

917.68M

1.07B

1.53B

1.44B

1.74B

1.92B

2.2B

2.54B

Total Assets

856.03M▲ 0%

997.48M▲ 16.5%

1.15B▲ 15.3%

1.72B▲ 49.6%

1.71B▼ 0.4%

2.06B▲ 20.4%

2.25B▲ 8.9%

2.39B▲ 6.2%

2.56B▲ 7.3%

Asset Growth %

16.67%

16.52%

15.29%

49.58%

-0.39%

20.36%

8.92%

6.22%

7.32%

Return on Assets (ROA)

0.38%

0.88%

0.98%

1.84%

2.07%

1.16%

0.61%

0.71%

0.88%

Accounts Payable

216K

305K

1.09M

1.15M

31K

2.39M

10.32M

6.86M

6.53M

Total Debt

121.92M

129.78M

167.76M

256.67M

81.85M

162.43M

191.73M

174.21M

177.92M

Net Debt

97.03M

106.62M

148.66M

222.48M

58.37M

124.04M

135.03M

146.75M

167.56M

Long-Term Debt

15.37M

10.48M

40.96M

40.67M

40.51M

40.35M

49.84M

49.74M

60.23M

Short-Term Debt

106.55M

119.3M

126.8M

216M

41.34M

122.08M

141.9M

124.47M

108.61M

Other Liabilities

5.43M

5.72M

9.31M

79.41M

19.79M

31.65M

62.65M

27.9M

2.2B

Total Current Liabilities

733.88M

871.74M

979.05M

1.46B

1.49B

1.84B

1.98B

2.14B

108.61M

Total Non-Current Liabilities

20.8M

16.19M

50.27M

120.08M

60.3M

72M

112.49M

77.65M

2.26B

Total Liabilities

754.67M

887.93M

1.03B

1.58B

1.55B

1.91B

2.09B

2.21B

2.36B

Total Equity

101.36M▲ 0%

109.55M▲ 8.1%

120.69M▲ 10.2%

141.62M▲ 17.3%

165.36M▲ 16.8%

153.28M▼ 7.3%

158.02M▲ 3.1%

171.52M▲ 8.5%

199.72M▲ 16.4%

Equity Growth %

44.88%

8.08%

10.17%

17.34%

16.76%

-7.31%

3.09%

8.54%

16.44%

Equity / Assets (Capital Ratio)

11.84%

10.98%

10.5%

8.23%

9.65%

7.43%

7.04%

7.19%

7.8%

Return on Equity (ROE)

3.54%

7.74%

9.1%

20.16%

23.18%

13.7%

8.51%

9.92%

11.76%

Book Value per Share

13.44

8.52

9.37

11.45

13.32

12.56

13.88

15.26

17.31

Tangible BV per Share

12.71

8.13

9.00

11.08

12.98

12.23

13.54

14.93

17.01

Common Stock

6.39M

6.41M

6.46M

6.54M

13.16M

13.19M

13.24M

13.83M

Additional Paid-in Capital

79.5M

79.92M

80.2M

81.2M

83.66M

79.07M

80.33M

81.55M

90.35M

Retained Earnings

15.77M

23.62M

34.1M

59.01M

84.92M

95.81M

101.22M

111.96M

128.12M

Accumulated OCI

-298K

-390K

-3K

2.56M

708K

-11.54M

-9.42M

-8.14M

-5.28M

Treasury Stock

-3K

-5.83M

-8.86M

-21.82M

-26.08M

Preferred Stock

Metric

Dec'17

Dec'18

Dec'19

Dec'20

Dec'21

Dec'22

Dec'23

Dec'24

Dec'25

Cash from Operations

10.48M

11.03M

21.57M

-158.47M

165.12M

84.67M

18.85M

9.6M

24.3M

Operating CF Growth %

-79.9%

5.26%

95.55%

-834.69%

204.2%

-48.72%

-77.73%

-49.1%

153.18%

Net Income

3.03M

8.16M

10.48M

26.44M

35.59M

21.83M

13.24M

16.35M

21.84M

Depreciation & Amortization

963K

1.42M

867K

-2.07M

-4.81M

1.08M

2.48M

2.3M

123K

Deferred Taxes

-66K

-385K

-503K

1.25M

-768K

1.11M

-234K

-799K

Other Non-Cash Items

6.83M

2.49M

7.27M

-202.62M

139.44M

61.62M

-479K

191K

5.99M

Working Capital Changes

-488K

-952K

3.18M

17.77M

-5.93M

-2.44M

2.67M

-9.42M

-4.84M

Cash from Investing

-109.64M

-155.6M

-143.08M

-370.7M

-140.51M

-393.15M

-164.19M

-165M

-163.9M

Purchase of Investments

-12.6M

-17.09M

-44.68M

-114.49M

-74.34M

-37M

-33.21M

-66.76M

Sale/Maturity of Investments

7.18M

6.18M

38.67M

56.31M

34.03M

13.03M

24.57M

37.55M

Net Investment Activity

-5.42M

-10.91M

-6.01M

-58.18M

-40.31M

-23.97M

-8.64M

-29.22M

Acquisitions

-3.23M

Other Investing

-98.59M

-143.05M

-136.32M

-311.77M

-94.83M

-366.27M

-153.72M

-135.21M

-163.9M

Cash from Financing

115.8M

133.02M

136.93M

526.54M

-37.87M

323.39M

163.64M

126.16M

147.92M

Dividends Paid

-1.17M

-1.52M

-9.68M

-10.93M

-5.61M

-5.6M

-5.67M

Share Repurchases

-3K

-5.7M

-3.03M

-12.96M

-4.26M

-425K

Stock Issued

42.12M

140K

499K

8.4M

Net Stock Activity

42.12M

140K

-3K

-5.7M

-3.03M

-12.96M

-4.26M

499K

7.98M

Debt Issuance (Net)

-1000K

1000K

-1000K

1000K

-1000K

Other Financing

99.98M

125.16M

98.1M

388.33M

206.18M

266.82M

111.29M

181.91M

152.76M

Net Change in Cash

16.63M▲ 0%

-11.55M▼ 169.5%

15.42M▲ 233.5%

-2.63M▼ 117.0%

-13.26M▼ 404.9%

14.91M▲ 212.4%

18.31M▲ 22.8%

-29.23M▼ 259.7%

2.21M▲ 107.6%

Exchange Rate Effect

Cash at Beginning

18.87M

35.51M

23.95M

39.37M

36.74M

23.48M

38.39M

56.7M

3.03M

Cash at End

35.51M

23.95M

39.37M

36.74M

23.48M

38.39M

56.7M

27.46M

5.24M

Interest Paid

6.76M

11.32M

15.74M

13.59M

9.53M

16.23M

59.71M

88.5M

78.97M

Income Taxes Paid

2.75M

2.73M

2.64M

5.29M

14.07M

5.37M

3.1M

3.08M

11.21M

Free Cash Flow

8.07M▲ 0%

9.39M▲ 16.4%

20.82M▲ 121.7%

-159.21M▼ 864.6%

159.75M▲ 200.3%

81.76M▼ 48.8%

17.03M▼ 79.2%

9.03M▼ 47.0%

22.57M▲ 149.9%

FCF Growth %

-83.39%

16.38%

121.73%

-864.6%

200.34%

-48.82%

-79.17%

-46.98%

149.93%

Metric

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

Return on Equity (ROE)

8.01%

3.54%

7.74%

9.1%

20.16%

23.18%

13.7%

8.51%

9.92%

11.76%

Return on Assets (ROA)

0.7%

0.38%

0.88%

0.98%

1.84%

2.07%

1.16%

0.61%

0.71%

0.88%

Net Interest Margin

3.51%

3.38%

3.27%

3.16%

2.85%

3.68%

3.4%

3.07%

2.98%

3.42%

Efficiency Ratio

79.28%

78.46%

68.18%

63.92%

62.23%

65.03%

62.44%

45.76%

40.1%

40.54%

Equity / Assets

9.54%

11.84%

10.98%

10.5%

8.23%

9.65%

7.43%

7.04%

7.19%

7.8%

Book Value / Share

14.87

13.44

8.52

9.37

11.45

13.32

12.56

13.88

15.26

17.31

NII Growth

10.25%

12.21%

12.85%

11.27%

34.84%

28.81%

11.12%

-1.69%

2.98%

23.5%

Dividend Payout

5.77%

27.2%

50.07%

42.39%

34.27%

25.98%

Meridian Corporation(MRBK)Earnings, Financials & Key Ratios

MRBK Key Insights

✓Strengths

✗Weaknesses

MRBK Price & Volume

MRBK Growth Metrics

Revenue CAGR

Profit CAGR

EPS CAGR

Return on Capital

MRBK Recent Earnings

MRBK Peer Comparison

Compare MRBK vs Peers

vs NBTB

vs ICE

Compare Top 5

MRBK Income Statement

MRBK Balance Sheet

MRBK Cash Flow Statement

MRBK Banking Ratios

MRBK SEC Filings & Documents

8-K Announcements

10-K Annual Reports

10-Q Quarterly Reports

MRBK Frequently Asked Questions

Meridian Corporation(MRBK)Earnings, Financials & Key Ratios

MRBK Key Insights

✓Strengths

✗Weaknesses

MRBK Price & Volume

MRBK Growth Metrics

Revenue CAGR

Profit CAGR

EPS CAGR

Return on Capital

MRBK Recent Earnings

MRBK Peer Comparison

Compare MRBK vs Peers

vs NBTB

vs ICE

Compare Top 5

MRBK Income Statement

MRBK Balance Sheet

MRBK Cash Flow Statement

MRBK Banking Ratios

MRBK SEC Filings & Documents

8-K Announcements

10-K Annual Reports

10-Q Quarterly Reports

MRBK Frequently Asked Questions