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
CIKN/A
WebN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$76.42 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date11/4/2019 (Estimated)
OptionableNot Optionable
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) announced its earnings results on Monday, July, 29th. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.05. The company earned $16.85 million during the quarter, compared to analysts' expectations of $17.38 million. View Meridian Bank's Earnings History.
When is Meridian Bank's next earnings date?
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 been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Meridian Bank earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect 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 drop in short interest during the month of September. As of September 30th, there was short interest totalling 2,000 shares, a drop of 9.1% from the August 30th total of 2,200 shares. Based on an average trading volume of 6,800 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold. View Meridian Bank's Current Options Chain.
Who are some of Meridian Bank's key competitors?
Some companies that are related to Meridian Bank include Pennantpark Floating Rate Capital (PFLT), Syncora (SYCRF), Weidai (WEI), Ares Commercial Real Estate (ACRE), MFS Intermediate Income Trust (MIN), Franklin Financial Network (FSB), BBX Capital (BBX), CNB Financial (CCNE), Oportun Financial (OPRT), BlackRock MuniHoldings New Jersey Ins Fn (MUJ), Tejon Ranch (TRC), Putnam Managed Municipal Income Trust (PMM), Pennsylvania R.E.I.T. (PEI), Jernigan Capital (JCAP) and Blackrock Muniholdings New York Qulty Fd (MHN).
What other stocks do shareholders of Meridian Bank own?
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)
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, Robinhood, Fidelity and Charles Schwab.
What is Meridian Bank's stock price today?
One share of MRBK stock can currently be purchased for approximately $17.51.
How big of a company is Meridian Bank?
MarketBeat Community Rating for Meridian Bank (NASDAQ MRBK)
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.
