MRBK · NASDAQ · Banks - Regional

Meridian (MRBK)

Runs commercial banking, mortgage origination, and wealth advice across regional US markets.

$19.49
At close+0.42 (+2.20%)
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Meridian CorporationMRBKFinancials

Operates a regional bank holding company around Meridian Bank, with Bank, Wealth, and Mortgage segments. Revenue comes from commercial and consumer banking, SBA loan-sale income, mortgage loans sold into secondary markets, and advisory fees across a Delaware Valley, Maryland, Delaware, and southwest Florida footprint.

Built around Meridian Bank, the business is a regional bank holding company with Bank, Wealth, and Mortgage segments. Bank covers deposits, treasury management, commercial and industrial lending, commercial real estate, construction, SBA, consumer lending, home equity, private banking, merchant services, equipment finance, and title or land-settlement services.

Wealth adds registered investment-advisory services for professionals, higher-net-worth individuals, benefit-plan clients, and bank customers. Mortgage originates residential, wholesale, and home-equity loans across the Delaware Valley, Maryland, Delaware, and southwest Florida, then sells most production into secondary markets while often retaining servicing rights.

Execution depends on relationship banking, access to decision-makers, electronic delivery channels, deposit funding, credit discipline in real-estate-heavy lending, SBA program rules, and secondary-market demand for mortgage and SBA loan sales.

Company facts

CEOChristopher J. Annas
ListedNov 7, 2017
ExchangeNASDAQ
HeadquartersMalvern, PA
CountryUnited States
Employees327
CIK0001750735
ISINUS58958P1049

Market cap$231.6M
EPS (ttm)$2.06
P/E (ttm)9.46
ROE12.3%
P/B1.13
P/S1.13
Dividend yieldDiv yield2.80%
Beta0.41vs XLF 0.88

Price target$22.00+12.9%Avg of 4 analysts
ConsensusBuy3 of 4 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 4, 2026D.A. DavidsonTarget$17$23
May 5, 2026Piper SandlerReiterateOverweight$22$21
Feb 3, 2026Piper SandlerReiterateOverweight$19$22
Dec 3, 2025Piper SandlerTarget$15$19

Next report
Oct 29, 2026
estimated · in 56 days
EPS estimate
$0.51
Revenue estimate
$33.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$0.49$0.21$0.49$0.58$0.61$0.39$0.48Pending
Estimate$0.33$0.42$0.50$0.55$0.48$0.51$0.51
Surprise−36.4%+16.7%+16.0%+10.9%−18.7%−5.9%

RevenueReportedEstimate

Mar '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Reported$53.3M$27.1M$32.4M$33.1M$34.2M$30.2M$32.7MPending
Estimate$27.9M$31.8M$31.9M$32.4M$31.8M$34.3M$33.6M
Surprise−3.0%+2.0%+3.7%+5.7%−4.9%−4.8%
Estimate$0.51
ReportedDue Oct 29, 2026
Estimate$33.6M
ReportedDue Oct 29, 2026
View details

Debt to equity77.00%
Current ratio20.30%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$51.2M$53.3M$46.5M$52.5M$53.1M$53.4M$47.7M$50.7M
Net income$4.7M$5.6M$2.4M$5.6M$6.7M$7.2M$4.7M$5.8M
Net margin9.3%10.5%5.2%10.7%12.5%13.4%9.9%11.5%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$6.2M$7.6M$3.1M$7.3M$8.7M$9.3M$6.1M$7.5M
YoY growth+19.9%+946.3%−11.5%+65.9%+38.9%+22.4%+93.4%+2.6%

Balance sheet, Jun 30, 2026Cash & short-term investments $11.2M · Total debt $157.7M · Total assets $2.59B · Shareholders' equity $204.8M

Revenue
$50.7M
Operating income
$7.5M
Net income
$5.8M
View details

Next ex-date
Nov 10, 2026
estimated · in 68 days
Annual dividend
$0.55
per share
Dividend yield
2.80%
Schedule
Quarterly
4 payments a year

Raised for 4 straight years — most recently to $0.14 from $0.125 in Feb 2026. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Aug 10, 2026Aug 10Aug 17$0.14
May 4, 2026May 4May 11$0.14
Feb 9, 2026Feb 9Feb 17$0.14raised from $0.125
Nov 10, 2025Nov 10Nov 17$0.125
Aug 11, 2025Aug 11Aug 18$0.125
May 12, 2025May 12May 19$0.125
Feb 10, 2025Feb 10Feb 18$0.125
Nov 12, 2024Nov 12Nov 19$0.125
View details

Institutions93 holders · as of Mar 31, 202663.87%7.59M shares
Insiders9 holders · as of Jun 25, 202611.11%1.32M shares
Otherremainder25.02%2.97M shares

11.89M company shares as of Sep 3, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Fourthstone LLCInstitution
9.88%1.18M13Fas of Mar 31, 2026
Strategic Value Bank Partners LLCInstitution
5.48%651,29813Fas of Mar 31, 2026
BlackRock, Inc.Institution
4.70%558,53213Fas of Mar 31, 2026
Vanguard Capital Management LLCInstitution
4.09%486,84213Fas of Mar 31, 2026
First Manhattan Co. LLC.Institution
3.68%437,69613Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings

Insider tradesForm 4

DateInsiderRoleSharesAvg price
May 11, 2026Kenneth Thomas Warrinerdirector+1,000$18.00
May 13, 2026Anthony Mark Imbesidirector+1,000$17.38
Apr 30, 2026Kenneth Thomas Warrinerdirector+1,000$18.42
View details

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