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NASDAQ:MRBK

Meridian Bank Q3 2023 Earnings Report

Meridian Bank logo
$14.36 +0.11 (+0.77%)
As of 01:06 PM Eastern
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Meridian Bank EPS Results

Actual EPS
$0.35
Consensus EPS
$0.39
Beat/Miss
Missed by -$0.04
One Year Ago EPS
N/A

Meridian Bank Revenue Results

Actual Revenue
$25.31 million
Expected Revenue
$26.58 million
Beat/Miss
Missed by -$1.27 million
YoY Revenue Growth
N/A

Meridian Bank Announcement Details

Quarter
Q3 2023
Time
N/A
Conference Call Date
Thursday, October 26, 2023
Conference Call Time
6:00PM ET

Upcoming Earnings

Meridian Bank's Q2 2025 earnings is scheduled for Friday, July 25, 2025, with a conference call scheduled at 4:00 PM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Meridian Bank Earnings Headlines

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About Meridian Bank

Meridian Bancorp, Inc. is the bank holding company for Meridian Bank (NASDAQ:MRBK) (NASDAQ: MRBK), a community-oriented financial institution headquartered in Elyria, Ohio. Since its inception in 2008, Meridian Bank has focused on delivering personalized banking solutions to individuals, families and businesses across northeastern Ohio. The institution offers a full suite of commercial and consumer banking services designed to meet the evolving needs of its customers.

Meridian’s core product offerings include checking and savings accounts, money market and certificate of deposit options, and a range of lending products such as commercial real estate, commercial and industrial loans, residential mortgages and home equity lines of credit. The bank also provides Small Business Administration (SBA) lending, treasury management services and digital banking platforms to enhance operational efficiency and convenience for its clients.

The bank operates a branch network throughout Lorain, Cuyahoga, Summit and surrounding counties, supplemented by online and mobile banking channels that enable 24/7 account access, mobile check deposit and secure bill payment. Meridian places a strong emphasis on community reinvestment, partnering with local organizations to support economic development, affordable housing initiatives and financial literacy programs in the markets it serves.

Led by an experienced executive team and guided by a board of directors drawn from the region’s business and civic leaders, Meridian Bank is committed to prudent risk management and sustainable growth. The institution’s leadership emphasizes customer-centric service, community engagement and a long-term vision that balances shareholder value with the well‐being of the communities it serves.

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