Meridian Corporation (MRBK) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Net Interest Income | 23.2M | 23.63M | 23.12M | 21.16M | 19.78M | 19.3M | 18.24M | 16.85M | 16.61M | 16.94M | 17.22M | 17.1M | 17.68M | 18.52M | 18.03M | 17.55M | 16.04M | 16.32M | 16.26M | 15.41M |
| NII Growth % | 17.32% | 22.43% | 26.72% | 25.6% | 19.07% | 13.92% | 5.91% | -1.47% | -6.04% | -8.52% | -4.45% | -2.58% | 10.24% | 13.45% | 10.88% | 13.88% | 6.05% | 8.68% | 27.86% | 32.9% |
| Net Interest Margin % | 0.9% | 0.92% | 0.91% | 0.84% | 0.78% | 0.81% | 0.76% | 0.72% | 0.72% | 0.75% | 0.77% | 0.77% | 0.79% | 0.9% | 0.94% | 0.95% | 0.88% | 0.95% | 0.92% | 0.9% |
| Interest Income | 40.71M | 42.83M | 43.11M | 41.21M | 39.17M | 40.03M | 40.32M | 38.47M | 37.22M | 36.34M | 35.46M | 33.84M | 30.95M | 27.76M | 22.96M | 20.04M | 17.96M | 18.25M | 18.31M | 17.52M |
| Interest Expense | 17.51M | 19.2M | 19.99M | 20.05M | 19.39M | 20.73M | 22.08M | 21.62M | 20.61M | 19.4M | 18.23M | 16.74M | 13.27M | 9.24M | 4.93M | 2.49M | 1.93M | 1.93M | 2.05M | 2.1M |
| Loan Loss Provision | 0 | 3.29M | 2.85M | 3.8M | 5.21M | 3.57M | 2.28M | 2.68M | 2.87M | 4.63M | 82K | 705K | 1.4M | 745K | 526K | 602K | 615K | -222K | 597K | 96K |
| Non-Interest Income | 7.04M | 10.62M | 9.95M | 11.29M | 7.32M | 13.28M | 10.83M | 9.24M | 7.98M | 8.12M | 8.09M | 9.12M | 6.64M | 8M | 10.22M | 10.4M | 13.1M | 17.09M | 22.12M | 21.73M |
| Non-Interest Income % | 14.74% | 19.86% | 18.76% | 21.5% | 15.75% | 24.91% | 21.17% | 19.38% | 17.66% | 18.26% | 18.57% | 21.24% | 17.66% | 22.36% | 30.81% | 34.18% | 42.17% | 48.36% | 54.72% | 55.37% |
| Total Revenue | 47.75M | 53.44M | 53.06M | 52.5M | 46.49M | 53.31M | 51.15M | 47.71M | 45.2M | 44.46M | 43.55M | 42.96M | 37.59M | 35.76M | 33.18M | 30.44M | 31.07M | 35.33M | 40.43M | 39.25M |
| Revenue Growth % | 2.7% | 0.25% | 3.74% | 10.04% | 2.86% | 19.9% | 17.46% | 11.05% | 20.26% | 24.34% | 31.23% | 41.13% | 20.98% | 1.2% | -17.92% | -22.44% | -30.19% | -27.85% | -10.04% | 16.31% |
| Non-Interest Expense | 24.16M | 21.66M | 21.55M | 21.36M | 18.74M | 21.41M | 20.55M | 19.02M | 18.17M | 19.7M | 20.02M | 19.61M | 17.79M | 20.04M | 20.26M | 19.71M | 21.43M | 23.74M | 25.48M | 26.25M |
| Efficiency Ratio | 50.59% | 40.53% | 40.61% | 40.68% | 40.31% | 40.16% | 40.17% | 39.86% | 40.21% | 44.31% | 45.97% | 45.66% | 47.33% | 56.05% | 61.06% | 64.74% | 68.99% | 67.18% | 63.03% | 66.87% |
| Operating Income | 6.08M | 9.3M | 8.67M | 7.29M | 3.15M | 7.6M | 6.25M | 4.39M | 3.55M | 726K | 5.21M | 5.9M | 5.13M | 5.72M | 7.46M | 7.65M | 7.09M | 9.89M | 12.3M | 10.8M |
| Operating Margin % | 12.74% | 17.4% | 16.35% | 13.88% | 6.76% | 14.25% | 12.21% | 9.21% | 7.86% | 1.63% | 11.96% | 13.74% | 13.64% | 16.01% | 22.49% | 25.12% | 22.82% | 28% | 30.43% | 27.52% |
| Operating Income Growth % | 93.39% | 22.39% | 38.88% | 65.92% | -11.48% | 946.28% | 19.87% | -25.58% | -30.7% | -87.32% | -30.19% | -22.81% | -27.68% | -42.13% | -39.33% | -29.22% | -46.72% | -16.7% | 2.64% | 45.91% |
| Pretax Income | 6.08M | 9.3M | 8.67M | 7.29M | 3.15M | 7.6M | 6.25M | 4.39M | 3.55M | 726K | 5.21M | 5.9M | 5.13M | 5.72M | 7.46M | 7.65M | 7.09M | 9.89M | 12.3M | 10.8M |
| Pretax Margin % | 12.74% | 17.4% | 16.35% | 13.88% | 6.76% | 14.25% | 12.21% | 9.21% | 7.86% | 1.63% | 11.96% | 13.74% | 13.64% | 16.01% | 22.49% | 25.12% | 22.82% | 28% | 30.43% | 27.52% |
| Income Tax | 1.37M | 2.11M | 2.01M | 1.7M | 746K | 2M | 1.5M | 1.07M | 877K | 156K | 1.21M | 1.26M | 1.11M | 1.16M | 1.67M | 1.71M | 1.55M | 2.17M | 2.86M | 2.54M |
| Effective Tax Rate % | 22.49% | 22.71% | 23.22% | 23.26% | 23.72% | 26.26% | 24.05% | 24.27% | 24.68% | 21.49% | 23.13% | 21.3% | 21.57% | 20.33% | 22.31% | 22.34% | 21.92% | 21.98% | 23.27% | 23.55% |
| Net Income | 4.71M | 7.19M | 6.66M | 5.59M | 2.4M | 5.6M | 4.74M | 3.33M | 2.68M | 570K | 4M | 4.64M | 4.02M | 4.56M | 5.8M | 5.94M | 5.54M | 7.72M | 9.44M | 8.26M |
| Net Margin % | 9.87% | 13.45% | 12.55% | 10.65% | 5.16% | 10.51% | 9.27% | 6.97% | 5.92% | 1.28% | 9.2% | 10.81% | 10.7% | 12.75% | 17.47% | 19.51% | 17.82% | 21.85% | 23.35% | 21.04% |
| Net Income Growth % | 96.5% | 28.3% | 40.4% | 68.13% | -10.35% | 882.63% | 18.43% | -28.4% | -33.45% | -87.5% | -30.92% | -21.77% | -27.35% | -40.91% | -38.57% | -28.09% | -45.58% | -14.2% | 2.45% | 44.55% |
| Net Income (Continuing) | 4.71M | 7.19M | 6.66M | 5.59M | 2.4M | 5.6M | 4.74M | 3.33M | 2.68M | 570K | 4M | 4.64M | 4.02M | 4.56M | 5.8M | 5.94M | 5.54M | 7.72M | 9.44M | 8.26M |
| EPS (Diluted) | 0.39 | 0.61 | 0.58 | 0.49 | 0.21 | 0.49 | 0.42 | 0.30 | 0.24 | 0.05 | 0.35 | 0.41 | 0.34 | 0.39 | 0.48 | 0.48 | 0.44 | 0.62 | 0.76 | 0.67 |
| EPS Growth % | 85.71% | 24.49% | 38.1% | 63.33% | -12.5% | 860.78% | 20% | -26.83% | -29.41% | -86.92% | -27.08% | -14.58% | -22.73% | -37.1% | -36.84% | -28.36% | -46.99% | -16.22% | 0% | 42.55% |
| EPS (Basic) | 0.40 | 0.62 | 0.59 | 0.50 | 0.21 | 0.50 | 0.43 | 0.30 | 0.24 | 0.05 | 0.36 | 0.42 | 0.36 | 0.40 | 0.50 | 0.50 | 0.46 | 0.65 | 0.78 | 0.69 |
| Diluted Shares Outstanding | 12.15M | 11.77M | 11.54M | 11.41M | 11.45M | 11.38M | 11.23M | 11.15M | 11.2M | 11.21M | 11.36M | 11.3M | 11.66M | 11.8M | 12.12M | 12.4M | 12.52M | 12.42M | 12.46M | 12.41M |