MRBK
Meridian Corporation
Price Chart
No historical data available
Latest Quote
$19.27
-0.05 (-0.26%)
Current Price
| Previous Close | $19.32 |
| Open | $19.36 |
| Day High | $19.42 |
| Day Low | $19.09 |
| Volume | 58,903 |
Stock Information
| Quarterly Dividend / Yield | $0.56 / 2.91% |
| Shares Outstanding | 11.93M |
| Quarterly Dividend Yield | 2.91% |
| Quarterly Dividend | $0.56 |
| Total Debt | $159.50M |
| Cash Equivalents | $38.06M |
| Revenue | $113.63M |
| Net Income | $21.66M |
| Sector | Financial Services |
| Industry | Banks - Regional |
| Market Cap | $229.87M |
| P/E Ratio | 10.53 |
| EPS (TTM) | $1.83 |
| Exchange | NMS |
Recent Price History
No history data available. Data will be fetched automatically.
About Meridian Corporation
Meridian Corporation operates as the bank holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Maryland, and Florida. It provides various deposit products, such as demand non-interest and interest bearing, savings, and money market accounts, as well as time deposits. The company also offers commercial and industrial loans, including business lines of credit, term loans, small business lending, lease financing, shared national credits, and other financing; 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 insurance and land settlement services. In addition, it operates and originates mortgage loans for 1-4 family dwellings; and offers real estate holding, investment advisory, and equipment leasing services, as well as provides financial planning and wealth management services. The company was founded in 2004 and is headquartered in Malvern, Pennsylvania.
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $126,858,000 | $112,335,000 | $100,907,000 | $111,852,000 |
| Operating Revenue | $126,858,000 | $112,335,000 | $100,907,000 | $111,852,000 |
| Expenses | ||||
| Interest Expense | $78,636,000 | $85,031,000 | $67,647,000 | $18,593,000 |
| Selling And Marketing Expense | $3,877,000 | $3,293,000 | $3,730,000 | $4,336,000 |
| General And Administrative Expense | $51,280,000 | $47,268,000 | $47,377,000 | $55,625,000 |
| Professional Expense And Contract Services Expense | $4,095,000 | $4,767,000 | $4,312,000 | $3,635,000 |
| Other Non Interest Expense | $19,476,000 | $17,845,000 | $16,864,000 | $13,011,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $21,836,000 | $16,346,000 | $13,243,000 | $21,829,000 |
| Net Interest Income | $87,678,000 | $70,996,000 | $68,942,000 | $70,128,000 |
| Interest Income | $166,314,000 | $156,027,000 | $136,589,000 | $88,721,000 |
| Normalized Income | $21,526,174 | $13,350,809 | $13,243,000 | $21,829,000 |
| Net Income From Continuing And Discontinued Operation | $21,836,000 | $16,346,000 | $13,243,000 | $21,829,000 |
| Net Income Common Stockholders | $21,836,000 | $16,346,000 | $13,243,000 | $21,829,000 |
| Net Income | $21,836,000 | $16,346,000 | $13,243,000 | $21,829,000 |
| Net Income Including Noncontrolling Interests | $21,836,000 | $16,346,000 | $13,243,000 | $21,829,000 |
| Net Income Continuous Operations | $21,836,000 | $16,346,000 | $13,243,000 | $21,829,000 |
| Pretax Income | $28,402,000 | $21,786,000 | $16,967,000 | $27,920,000 |
| Special Income Charges | - | $3,992,000 | $0 | - |
| Per Share | ||||
| Diluted EPS | $1.89 | $1.45 | $1.16 | $1.79 |
| Basic EPS | $1.93 | $1.47 | $1.19 | $1.85 |
| Other | ||||
| Tax Effect Of Unusual Items | $93,174 | $996,809 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Total Unusual Items | $403,000 | $3,992,000 | $0 | - |
| Total Unusual Items Excluding Goodwill | $403,000 | $3,992,000 | $0 | - |
| Reconciled Depreciation | $-821,000 | $2,299,000 | $2,477,000 | $1,077,000 |
| Diluted Average Shares | $11,538,000 | $11,243,000 | $11,387,000 | $12,204,000 |
| Basic Average Shares | $11,326,000 | $11,113,000 | $11,115,000 | $11,792,000 |
| Diluted NI Availto Com Stockholders | $21,836,000 | $16,346,000 | $13,243,000 | $21,829,000 |
| Tax Provision | $6,566,000 | $5,440,000 | $3,724,000 | $6,091,000 |
| Gain On Sale Of Security | $723,000 | $-114,000 | $61,000 | $4,736,000 |
| Selling General And Administration | $55,157,000 | $50,561,000 | $51,107,000 | $59,961,000 |
| Salaries And Wages | $51,280,000 | $47,268,000 | $47,377,000 | $54,378,000 |
| Occupancy And Equipment | $4,576,000 | $5,976,000 | $4,842,000 | $4,837,000 |
| Other Special Charges | - | $-3,992,000 | - | - |
| Insurance And Claims | - | - | $2,929,000 | $1,247,000 |
| Other Gand A | - | - | - | - |
Fetched: 2026-08-30
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $196,254,000 | $167,856,000 | $154,152,000 | $149,206,000 |
| Total Assets | $2,561,995,000 | $2,385,867,000 | $2,246,193,000 | $2,062,228,000 |
| Goodwill And Other Intangible Assets | $3,462,000 | $3,666,000 | $3,870,000 | $4,074,000 |
| Other Intangible Assets | $2,563,000 | $2,767,000 | $2,971,000 | $3,175,000 |
| Receivables | $54,774,000 | $83,469,000 | $127,251,000 | $144,751,000 |
| Other Receivables | $44,050,000 | $73,511,000 | $117,926,000 | $137,388,000 |
| Accounts Receivable | $10,724,000 | $9,958,000 | $9,325,000 | $7,363,000 |
| Cash And Cash Equivalents | $35,778,000 | $27,462,000 | $56,697,000 | $38,391,000 |
| Cash Financial | $10,358,000 | $5,598,000 | $10,067,000 | $11,299,000 |
| Cash Cash Equivalents And Federal Funds Sold | $43,589,000 | $35,215,000 | $64,769,000 | $45,322,000 |
| Debt | ||||
| Net Debt | $15,575,000 | $27,281,000 | - | $1,955,000 |
| Total Debt | $51,353,000 | $54,743,000 | $49,836,000 | $40,346,000 |
| Long Term Debt And Capital Lease Obligation | $49,853,000 | $49,743,000 | $49,836,000 | $40,346,000 |
| Long Term Debt | $49,853,000 | $49,743,000 | $49,836,000 | $40,346,000 |
| Current Debt And Capital Lease Obligation | $1,500,000 | $5,000,000 | $0 | - |
| Current Debt | $1,500,000 | $5,000,000 | $0 | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $2,362,279,000 | $2,214,345,000 | $2,088,171,000 | $1,908,948,000 |
| Payables And Accrued Expenses | $6,531,000 | $6,860,000 | $10,324,000 | $2,389,000 |
| Payables | $6,531,000 | $6,860,000 | $10,324,000 | $2,389,000 |
| Accounts Payable | $6,531,000 | $6,860,000 | $10,324,000 | $2,389,000 |
| Equity | ||||
| Common Stock Equity | $199,716,000 | $171,522,000 | $158,022,000 | $153,280,000 |
| Total Equity Gross Minority Interest | $199,716,000 | $171,522,000 | $158,022,000 | $153,280,000 |
| Stockholders Equity | $199,716,000 | $171,522,000 | $158,022,000 | $153,280,000 |
| Other Equity Interest | $-1,232,000 | $-1,006,000 | $-1,204,000 | $-1,403,000 |
| Gains Losses Not Affecting Retained Earnings | $-5,279,000 | $-8,142,000 | $-9,422,000 | $-11,539,000 |
| Other Equity Adjustments | $-5,279,000 | $-8,142,000 | $-9,422,000 | $-11,539,000 |
| Retained Earnings | $128,124,000 | $111,961,000 | $101,216,000 | $95,815,000 |
| Long Term Equity Investment | $2,166,000 | $2,086,000 | $2,121,000 | $2,086,000 |
| Other | ||||
| Treasury Shares Number | $2,139,060 | $2,003,183 | $2,003,183 | $1,690,736 |
| Ordinary Shares Number | $11,690,585 | $11,240,075 | $11,183,015 | $11,465,572 |
| Share Issued | $13,829,645 | $13,243,258 | $13,186,198 | $13,156,308 |
| Tangible Book Value | $196,254,000 | $167,856,000 | $154,152,000 | $149,206,000 |
| Invested Capital | $251,069,000 | $226,265,000 | $207,858,000 | $193,626,000 |
| Total Capitalization | $249,569,000 | $221,265,000 | $207,858,000 | $193,626,000 |
| Treasury Stock | $26,079,000 | $26,079,000 | $26,079,000 | $21,821,000 |
| Additional Paid In Capital | $90,352,000 | $81,545,000 | $80,325,000 | $79,072,000 |
| Capital Stock | $13,830,000 | $13,243,000 | $13,186,000 | $13,156,000 |
| Common Stock | $13,830,000 | $13,243,000 | $13,186,000 | $13,156,000 |
| Line Of Credit | $1,500,000 | $5,000,000 | $0 | - |
| Investments And Advances | $228,167,000 | $210,161,000 | $183,921,000 | $174,911,000 |
| Held To Maturity Securities | $32,544,000 | $33,771,000 | $35,781,000 | $37,479,000 |
| Available For Sale Securities | $96,369,000 | $96,091,000 | - | - |
| Goodwill | $899,000 | $899,000 | $899,000 | $899,000 |
| Net PPE | $12,402,000 | $12,151,000 | $13,557,000 | $13,349,000 |
| Accumulated Depreciation | $-15,703,000 | $-14,577,000 | $-13,766,000 | $-12,825,000 |
| Gross PPE | $28,103,000 | $26,728,000 | $27,323,000 | $26,174,000 |
| Leases | $4,479,000 | $3,256,000 | $4,234,000 | $3,347,000 |
| Construction In Progress | $0 | $50,000 | $0 | $40,000 |
| Machinery Furniture Equipment | $13,390,000 | $13,188,000 | $12,984,000 | $12,819,000 |
| Buildings And Improvements | $9,416,000 | $9,416,000 | $9,287,000 | $9,150,000 |
| Land And Improvements | $818,000 | $818,000 | $818,000 | $818,000 |
| Other Short Term Investments | $97,088,000 | $174,304,000 | $146,019,000 | $135,346,000 |
Fetched: 2026-08-30
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $22,566,000 | $9,029,000 | $17,031,000 | $81,764,000 |
| Operating Activities | ||||
| Operating Cash Flow | $24,298,000 | $9,597,000 | $18,854,000 | $84,671,000 |
| Cash Flow From Continuing Operating Activities | $24,298,000 | $9,597,000 | $18,854,000 | $84,671,000 |
| Operating Gains Losses | $-7,698,000 | $-7,612,000 | $-4,682,000 | $-512,000 |
| Investing Activities | ||||
| Capital Expenditure | $-1,732,000 | $-568,000 | $-1,823,000 | $-2,907,000 |
| Investing Cash Flow | $-163,902,000 | $-164,996,000 | $-164,185,000 | $-393,148,000 |
| Cash Flow From Continuing Investing Activities | $-163,902,000 | $-164,996,000 | $-164,185,000 | $-393,148,000 |
| Net Other Investing Changes | $-62,000 | $2,180,000 | $-1,141,000 | $-6,814,000 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $7,519,000 | $0 | - | - |
| Financing Cash Flow | $147,920,000 | $126,164,000 | $163,637,000 | $323,388,000 |
| Cash Flow From Continuing Financing Activities | $147,920,000 | $126,164,000 | $163,637,000 | $323,388,000 |
| Cash Dividends Paid | $-5,673,000 | $-5,601,000 | $-5,614,000 | $-10,930,000 |
| Common Stock Dividend Paid | $-5,673,000 | $-5,601,000 | $-5,614,000 | $-10,930,000 |
| Net Common Stock Issuance | $7,519,000 | $0 | $-4,258,000 | $-12,961,000 |
| Common Stock Issuance | $7,519,000 | $0 | - | - |
| Repurchase Of Capital Stock | - | $0 | $-4,258,000 | $-12,961,000 |
| Net Other Financing Charges | - | - | $-9,000 | - |
| Other | ||||
| Repayment Of Debt | $-15,258,000 | $-8,048,000 | $-328,000 | $-279,000 |
| Interest Paid Supplemental Data | $78,965,000 | $88,495,000 | $59,712,000 | $16,235,000 |
| Income Tax Paid Supplemental Data | $11,213,000 | $3,083,000 | $3,104,000 | $5,365,000 |
| End Cash Position | $35,778,000 | $27,462,000 | $56,697,000 | $38,391,000 |
| Beginning Cash Position | $27,462,000 | $56,697,000 | $38,391,000 | $23,480,000 |
| Changes In Cash | $8,316,000 | $-29,235,000 | $18,306,000 | $14,911,000 |
| Proceeds From Stock Option Exercised | $460,000 | $499,000 | $309,000 | $754,000 |
| Net Issuance Payments Of Debt | $-7,146,000 | $-50,640,000 | $62,226,000 | $80,459,000 |
| Net Short Term Debt Issuance | $8,112,000 | $-42,592,000 | $28,077,000 | $71,803,000 |
| Net Long Term Debt Issuance | $-15,258,000 | $-8,048,000 | $34,149,000 | $8,656,000 |
| Long Term Debt Payments | $-15,258,000 | $-8,048,000 | $-328,000 | $-279,000 |
| Net Investment Purchase And Sale | $-15,553,000 | $-29,216,000 | $-8,645,000 | $-23,967,000 |
| Sale Of Investment | $36,384,000 | $37,548,000 | $24,566,000 | $13,029,000 |
| Purchase Of Investment | $-51,937,000 | $-66,764,000 | $-33,211,000 | $-36,996,000 |
| Net Intangibles Purchase And Sale | $1,382,000 | $9,877,000 | $0 | - |
| Sale Of Intangibles | $1,382,000 | $9,877,000 | $0 | - |
| Net PPE Purchase And Sale | $-1,692,000 | $-568,000 | $-1,823,000 | $-2,907,000 |
| Sale Of PPE | $40,000 | $0 | - | - |
| Purchase Of PPE | $-1,732,000 | $-568,000 | $-1,823,000 | $-2,907,000 |
| Change In Working Capital | $-4,838,000 | $-9,416,000 | $2,674,000 | $-2,442,000 |
| Change In Other Current Liabilities | $3,142,000 | $-760,000 | $-1,278,000 | $-1,623,000 |
| Change In Other Current Assets | $-6,885,000 | $-4,559,000 | $-2,021,000 | $-823,000 |
| Change In Payables And Accrued Expense | $-329,000 | $-3,464,000 | $7,935,000 | $2,358,000 |
| Change In Payable | $-329,000 | $-3,464,000 | $7,935,000 | $2,358,000 |
| Change In Account Payable | $-329,000 | $-3,464,000 | $7,935,000 | $2,358,000 |
| Change In Receivables | $-766,000 | $-633,000 | $-1,962,000 | $-2,354,000 |
| Changes In Account Receivables | $-766,000 | $-633,000 | $-1,962,000 | $-2,354,000 |
| Other Non Cash Items | $-1,887,000 | $-7,588,000 | $-5,041,000 | $58,442,000 |
| Stock Based Compensation | $1,189,000 | $976,000 | $1,173,000 | $1,475,000 |
| Deferred Tax | $-373,000 | $-799,000 | $-234,000 | $1,112,000 |
| Deferred Income Tax | $-373,000 | $-799,000 | $-234,000 | $1,112,000 |
| Depreciation Amortization Depletion | $-821,000 | $2,299,000 | $2,477,000 | $1,077,000 |
| Depreciation And Amortization | $-821,000 | $2,299,000 | $2,477,000 | $1,077,000 |
| Amortization Cash Flow | $-529,000 | $1,481,000 | $2,045,000 | $2,483,000 |
| Amortization Of Intangibles | $-529,000 | $1,481,000 | $2,045,000 | $2,483,000 |
| Depreciation | $-292,000 | $818,000 | $432,000 | $-1,406,000 |
| Gain Loss On Investment Securities | $-501,000 | $57,000 | $58,000 | $0 |
| Gain Loss On Sale Of PPE | $-403,000 | $-3,992,000 | $0 | - |
| Net Income From Continuing Operations | $21,836,000 | $16,346,000 | $13,243,000 | $21,829,000 |
| Issuance Of Debt | - | $0 | $34,477,000 | $80,738,000 |
| Common Stock Payments | - | $0 | $-4,258,000 | $-12,961,000 |
| Long Term Debt Issuance | - | $0 | $34,477,000 | $8,935,000 |
| Short Term Debt Issuance | - | - | $28,077,000 | $71,803,000 |
| Short Term Debt Payments | - | - | - | $0 |
Fetched: 2026-08-30