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XNAS
MRBK
Market cap230mUSD
Jul 09, Last price  
19.50USD
1D
0.52%
1Q
-4.60%
IPO
117.88%
Name

Meridian Corp

Chart & Performance

D1W1MN
XNAS:MRBK chart
P/E
10.62
P/S
1.13
EPS
1.84
Div Yield, %
2.58%
Shrs. gr., 5y
-1.39%
Rev. gr., 5y
6.56%
Revenues
205m
+4.12%
32,193,00040,536,00044,256,00058,492,00067,138,00068,395,00073,776,00085,756,000149,574,000159,510,000130,445,000168,554,000197,366,000205,494,000
Net income
22m
+33.59%
4,039,0003,868,0004,307,0006,188,0004,922,0003,032,0008,163,00010,481,00026,438,00035,585,00021,829,00013,243,00016,346,00021,836,000
CFO
24m
+153.18%
000-33,736,00052,128,00010,479,00011,030,00021,569,000-158,465,000165,123,00084,671,00018,854,0009,597,00024,298,000
Dividend
Nov 10, 20250.125 USD/sh

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Profile

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.
IPO date
Nov 07, 2017
Employees
366
Domiciled in
US
Incorporated in
US

Valuation

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