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About Meridian Bank (NASDAQ:MRBK)
Meridian Bank (Paoli, PA) 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 through five full service branches. The company was founded in 2004 and is headquartered in Malvern, Pennsylvania.
Industry, Sector and Symbol
Industry N/A
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:MRBK
CUSIPN/A
WebN/A
PhoneN/A
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E Ratio25.80
Forward P/E Ratio16.95
P/E Growth2.12
Sales & Book Value
Annual Sales$71.81 million
Price / Sales1.58
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
EmployeesN/A
Outstanding Shares6,390,000
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 earnings results on Tuesday, May, 1st. The company reported $0.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.04. The company earned $14.75 million during the quarter, compared to analyst estimates of $16.33 million. View Meridian Bank's Earnings History.
When is Meridian Bank's next earnings date?
What price target have analysts set for MRBK?
2 brokerages have issued 1 year target prices for Meridian Bank's shares. Their forecasts range from $21.00 to $21.00. On average, they expect Meridian Bank's stock price to reach $21.00 in the next year. View Analyst Ratings for Meridian Bank.
Who are some of Meridian Bank's key competitors?
Some companies that are related to Meridian Bank include Cowen Group (COWN), Cornerstone Strategic Value Fund (CLM), ClearBridge American (CBA), Hingham Institution for Savings (HIFS), MFS Intermediate Income Trust (MIN), Enterprise Bancorp (EBTC), Century BanCorp (CNBKA), Xinyuan Real Estate (XIN), OnDeck Capital (ONDK), Blackrock Capital Investment (BKCC), Sierra Bancorp (BSRR), Nam Tai Electronics (NTP), Putnam Municipal Opportunities Trust (PMO), Farmers National Banc (FMNB) and Western Asset Mortgage Capital (WMC).
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 62)
- Ms. Denise Lindsay, Exec. VP, CFO & Director (Age 51)
- Mr. Joseph L. Cafarchio, Exec. VP & Chief Credit Officer (Age 61)
- Mr. Charles D. Kochka, Exec. VP & Chief Lending Officer (Age 61)
- Mr. Edward J. Carpoletti, Sr. VP of Wealth Management
Has Meridian Bank been receiving favorable news coverage?
Press coverage about MRBK stock has been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Accern scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Meridian Bank earned a coverage optimism score of 0.15 on Accern's scale. They also assigned press coverage about the company an impact score of 49.00 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Who are Meridian Bank's major shareholders?
Which institutional investors are buying Meridian Bank stock?
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 $17.80.
How big of a company is Meridian Bank?
Meridian Bank has a market capitalization of $113.78 million and generates $71.81 million in revenue each year.
MarketBeat Community Rating for Meridian Bank (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.
Meridian Bank (NASDAQ:MRBK) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
2 Wall Street analysts have issued ratings and price targets for Meridian Bank in the last 12 months. Their average twelve-month price target is $21.00, suggesting that the stock has a possible upside of 17.98%. The high price target for MRBK is $21.00 and the low price target for MRBK is $21.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | N/A |
| Consensus Rating Score: | 3.00 | 3.00 | 3.00 | N/A |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $21.00 | $22.00 | $22.00 | N/A |
| Price Target Upside: | 17.98% upside | 19.89% upside | 19.89% upside | N/A |
Meridian Bank (NASDAQ:MRBK) Consensus Price Target History
Meridian Bank (NASDAQ:MRBK) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/3/2018 | DA Davidson | Lower Price Target | Buy ➝ Buy | $22.00 ➝ $21.00 | High |  |
| 12/4/2017 | Sandler O'Neill | Initiated Coverage | Buy | | Low | |
(Data available from 5/25/2016 forward)
Meridian Bank (NASDAQ:MRBK) Earnings History and Estimates Chart
Meridian Bank (NASDAQ:MRBK) Earnings Estimates
2018 EPS Consensus Estimate: $1.02
2019 EPS Consensus Estimate: $1.51
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2018 | 1 | $0.16 | $0.16 | $0.16 |
| Q2 2018 | 1 | $0.29 | $0.29 | $0.29 |
| Q3 2018 | 1 | $0.27 | $0.27 | $0.27 |
| Q4 2018 | 1 | $0.30 | $0.30 | $0.30 |
| Q1 2019 | 1 | $0.23 | $0.23 | $0.23 |
| Q2 2019 | 1 | $0.44 | $0.44 | $0.44 |
| Q3 2019 | 1 | $0.45 | $0.45 | $0.45 |
| Q4 2019 | 1 | $0.39 | $0.39 | $0.39 |
Meridian Bank (NASDAQ MRBK) Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/7/2018 | | | | | | | | |
| 5/1/2018 | 3/31/2018 | $0.16 | $0.20 | $16.33 million | $14.75 million | View | N/A | |
| 1/30/2018 | Q4 2017 | $0.33 | $0.16 | $16.71 million | $17.01 million | View | N/A | |
(Earnings results data provided by Zacks Investment Research)
Meridian Bank (NASDAQ:MRBK) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Meridian Bank (NASDAQ MRBK) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 46.36%
Meridian Bank (NASDAQ MRBK) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
Meridian Bank (NASDAQ MRBK) News Headlines
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Meridian Bank (NASDAQ:MRBK) SEC Filings
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Financials are not available for this stock.
Meridian Bank (NASDAQ MRBK) Stock Chart for Friday, May, 25, 2018
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