Brokers Issue Forecasts for Meridian Bank Q3 Earnings

Key Points

• DA Davidson estimates Meridian Bank will report earnings per share of $0.50 for Q3 2025 with a current target price of $19.00 and a "Buy" rating on the stock.
• Meridian Bank's recent earnings beat expectations, reporting $0.49 EPS against a consensus estimate of $0.42, along with revenue of $32.45 million compared to the anticipated $29.65 million.
• The company announced a quarterly dividend of $0.125 per share, representing an annualized dividend yield of 3.36% with a payout ratio of 31.06%.

Meridian Bank (NASDAQ:MRBK - Free Report) - Equities research analysts at DA Davidson issued their Q3 2025 earnings per share (EPS) estimates for Meridian Bank in a report released on Tuesday, July 29th. DA Davidson analyst M. Navas forecasts that the company will earn $0.50 per share for the quarter. DA Davidson has a "Buy" rating and a $19.00 price target on the stock. The consensus estimate for Meridian Bank's current full-year earnings is $2.07 per share. DA Davidson also issued estimates for Meridian Bank's FY2025 earnings at $1.65 EPS.

Meridian Bank (NASDAQ:MRBK - Get Free Report) last posted its earnings results on Thursday, July 24th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.07. The company had revenue of $32.45 million for the quarter, compared to analysts' expectations of $29.65 million. Meridian Bank had a return on equity of 10.73% and a net margin of 9.01%.

Separately, Piper Sandler lowered their target price on shares of Meridian Bank from $17.00 to $16.00 and set a "neutral" rating for the company in a report on Tuesday, April 29th.

Meridian Bank Stock Down 2.2%

Meridian Bank stock traded down $0.32 during trading hours on Wednesday, hitting $14.41. 53,343 shares of the stock traded hands, compared to its average volume of 73,715. The firm's 50-day moving average price is $13.45 and its two-hundred day moving average price is $14.21. Meridian Bank has a one year low of $10.04 and a one year high of $17.33. The company has a market cap of $162.54 million, a PE ratio of 8.95 and a beta of 0.71. The company has a current ratio of 0.98, a quick ratio of 0.96 and a debt-to-equity ratio of 0.29.

Institutional Trading of Meridian Bank

Hedge funds have recently made changes to their positions in the business. Millennium Management LLC raised its position in Meridian Bank by 410.2% in the 4th quarter. Millennium Management LLC now owns 52,244 shares of the company's stock worth $716,000 after purchasing an additional 42,004 shares during the period. Jane Street Group LLC purchased a new stake in Meridian Bank during the fourth quarter valued at approximately $322,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Meridian Bank by 122.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 44,707 shares of the company's stock valued at $613,000 after buying an additional 24,648 shares during the last quarter. Mendon Capital Advisors Corp increased its position in shares of Meridian Bank by 161.4% in the 4th quarter. Mendon Capital Advisors Corp now owns 48,587 shares of the company's stock valued at $666,000 after acquiring an additional 30,000 shares during the period. Finally, Citadel Advisors LLC raised its holdings in shares of Meridian Bank by 29.0% during the fourth quarter. Citadel Advisors LLC now owns 18,347 shares of the company's stock worth $252,000 after purchasing an additional 4,129 shares during the last quarter. 58.56% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Robert M. Casciato bought 2,000 shares of the company's stock in a transaction that occurred on Friday, May 9th. The stock was bought at an average price of $13.79 per share, with a total value of $27,580.00. Following the acquisition, the director owned 215,396 shares of the company's stock, valued at approximately $2,970,310.84. This represents a 0.94% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders have acquired 3,208 shares of company stock valued at $44,416. Corporate insiders own 14.38% of the company's stock.

Meridian Bank Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 18th. Investors of record on Monday, August 11th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Monday, August 11th. This represents a $0.50 annualized dividend and a yield of 3.5%. Meridian Bank's dividend payout ratio is currently 31.06%.

About Meridian Bank

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.