NASDAQ:MRBK - Meridian Bank Stock Price, News & Analysis

$17.72
-0.13 (-0.73 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$17.28
Now: $17.72
$17.72
50-Day Range
$16.80
MA: $17.32
$18.1280
52-Week Range
$15.26
Now: $17.72
$18.88
Volume3,274 shs
Average Volume10,293 shs
Market Capitalization$113.59 million
P/E Ratio13.42
Dividend YieldN/A
Beta-0.07
Meridian Corporation operates as the bank holding for Meridian Bank that provides commercial banking products and services for retail and commercial customers primarily in southeastern Pennsylvania, Delaware, and south New Jersey. It offers non-interest bearing deposits and time deposits, as well as interest checking, money market, and savings accounts; and commercial and industrial loans, commercial real estate loans, and consumer and home equity loans, as well as homeowner mortgages. The company also provides cash management, merchant, title and land settlement, mortgage banking, wealth management, investment advisory, and title insurance services, as well as shared national credit participation services. It serves small and middle-market businesses and their executives, entrepreneurs, real estate investors, professionals, and high net worth individuals. The company has 23 offices in the greater Philadelphia Metro market. The company was founded in 2004 and is headquartered in Malvern, Pennsylvania.

Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:MRBK
CUSIPN/A
CIKN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$76.42 million

Profitability

Miscellaneous

EmployeesN/A
Market Cap$113.59 million
Next Earnings Date11/4/2019 (Estimated)
OptionableNot Optionable

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Meridian Bank (NASDAQ:MRBK) Frequently Asked Questions

What is Meridian Bank's stock symbol?

Meridian Bank trades on the NASDAQ under the ticker symbol "MRBK."

How were Meridian Bank's earnings last quarter?

Meridian Bank (NASDAQ:MRBK) issued its quarterly earnings data on Monday, July, 29th. The company reported $0.39 EPS for the quarter, beating the Zacks' consensus estimate of $0.34 by $0.05. The company had revenue of $16.85 million for the quarter, compared to analyst estimates of $17.38 million. View Meridian Bank's Earnings History.

When is Meridian Bank's next earnings date?

Meridian Bank is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Meridian Bank.

What is the consensus analysts' recommendation for Meridian Bank?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meridian Bank in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Meridian Bank.

Has Meridian Bank been receiving favorable news coverage?

Press coverage about MRBK stock has trended positive recently, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Meridian Bank earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for Meridian Bank.

Are investors shorting Meridian Bank?

Meridian Bank saw a increase in short interest in July. As of July 31st, there was short interest totalling 1,300 shares, an increase of 550.0% from the June 30th total of 200 shares. Based on an average trading volume of 3,600 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company's stock are sold short. View Meridian Bank's Current Options Chain.

Who are some of Meridian Bank's key competitors?

What other stocks do shareholders of Meridian Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Meridian Bank investors own include salesforce.com (CRM), AT&T (T), Alerian MLP ETF (AMLP), Rathbone Brothers (RAT), Ocado Group (OCDO), JD Sports Fashion (JD), Hibernia REIT (HBRN), Centrica (CNA), Kion Group (KGX) and Bayerische Motoren Werke (BMW).

Who are Meridian Bank's key executives?

Meridian Bank's management team includes the folowing people:
  • Mr. Christopher J. Annas, Founder, Chairman, Pres & CEO (Age 63)
  • Ms. Denise Lindsay, Exec. VP, CFO & Director (Age 52)
  • Mr. Randy J. McGarry, Chief Information Officer (Age 51)
  • Mr. Joseph L. Cafarchio, Exec. VP & Chief Credit Officer (Age 62)
  • Mr. Charles Kochka, Exec. VP & Chief Lending Officer (Age 62)

Who are Meridian Bank's major shareholders?

Meridian Bank's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Banc Funds Co. LLC (7.75%), EJF Capital LLC (4.63%), Maltese Capital Management LLC (3.84%), Vanguard Group Inc. (2.19%), Context BH Capital Management LP (0.96%) and River Oaks Capital LLC (0.60%). Company insiders that own Meridian Bank stock include Charles D Kochka, Christopher J Annas, Randall J Mcgarry, Robert M Casciato and Robert T Holland. View Institutional Ownership Trends for Meridian Bank.

Which major investors are selling Meridian Bank stock?

MRBK stock was sold by a variety of institutional investors in the last quarter, including EJF Capital LLC and Ancora Advisors LLC. View Insider Buying and Selling for Meridian Bank.

Which major investors are buying Meridian Bank stock?

MRBK stock was bought by a variety of institutional investors in the last quarter, including Maltese Capital Management LLC, Banc Funds Co. LLC, River Oaks Capital LLC, Vanguard Group Inc., BlackRock Inc. and Context BH Capital Management LP. Company insiders that have bought Meridian Bank stock in the last two years include Charles D Kochka, Christopher J Annas, Randall J Mcgarry, Robert M Casciato and Robert T Holland. View Insider Buying and Selling for Meridian Bank.

How do I buy shares of Meridian Bank?

Shares of MRBK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Meridian Bank's stock price today?

One share of MRBK stock can currently be purchased for approximately $17.72.

How big of a company is Meridian Bank?

Meridian Bank has a market capitalization of $113.59 million and generates $76.42 million in revenue each year. View Additional Information About Meridian Bank.


MarketBeat Community Rating for Meridian Bank (NASDAQ MRBK)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  96 (Vote Outperform)
Underperform Votes:  132 (Vote Underperform)
Total Votes:  228
MarketBeat's community ratings are surveys of what our community members think about Meridian Bank and other stocks. Vote "Outperform" if you believe MRBK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRBK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/24/2019 by MarketBeat.com Staff

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