Meridian (NASDAQ:MRBK - Get Free Report) is projected to post its Q1 2025 quarterly earnings results before the market opens on Friday, April 25th. Analysts expect Meridian to post earnings of $0.33 per share and revenue of $27.93 million for the quarter.
Meridian (NASDAQ:MRBK - Get Free Report) last announced its quarterly earnings results on Friday, January 24th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.14. Meridian had a net margin of 8.28% and a return on equity of 10.01%. On average, analysts expect Meridian to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Meridian Price Performance
Shares of MRBK stock traded up $0.28 during trading hours on Wednesday, reaching $13.98. The stock had a trading volume of 37,744 shares, compared to its average volume of 28,678. The stock's fifty day simple moving average is $14.26 and its 200 day simple moving average is $14.63. The company has a current ratio of 0.97, a quick ratio of 0.95 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $157.76 million, a PE ratio of 9.64 and a beta of 0.68. Meridian has a 12 month low of $8.27 and a 12 month high of $17.33.
Meridian Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, February 10th were issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.58%. The ex-dividend date was Monday, February 10th. Meridian's payout ratio is 34.48%.
Meridian Company Profile
(
Get Free Report)
Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Florida, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits.
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