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
Stock Exchange NASDAQ
Industry N/A
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:MRBK
Previous Symbol
CUSIPN/A
WebN/A
PhoneN/A
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E Ratio24.57
Forward P/E Ratio11.94
P/E Growth1.49
Sales & Book Value
Annual Sales$71.81 million
Price / Sales1.51
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
Market Cap$108.35 million
OptionableNot Optionable
MERIDIAN BK PAO/SH (NASDAQ:MRBK) Frequently Asked Questions
What is MERIDIAN BK PAO/SH's stock symbol?
MERIDIAN BK PAO/SH trades on the NASDAQ under the ticker symbol "MRBK."
How were MERIDIAN BK PAO/SH's earnings last quarter?
MERIDIAN BK PAO/SH (NASDAQ:MRBK) posted its quarterly earnings data on Monday, October, 29th. The company reported $0.47 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.22 by $0.25. The company had revenue of $17.55 million for the quarter, compared to analysts' expectations of $17.94 million. View MERIDIAN BK PAO/SH's Earnings History.
When is MERIDIAN BK PAO/SH's next earnings date?
What price target have analysts set for MRBK?
2 analysts have issued 12-month target prices for MERIDIAN BK PAO/SH's stock. Their forecasts range from $21.00 to $21.00. On average, they expect MERIDIAN BK PAO/SH's share price to reach $21.00 in the next year. This suggests a possible upside of 23.9% from the stock's current price. View Analyst Price Targets for MERIDIAN BK PAO/SH.
What is the consensus analysts' recommendation for MERIDIAN BK PAO/SH?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MERIDIAN BK PAO/SH in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MERIDIAN BK PAO/SH.
Has MERIDIAN BK PAO/SH been receiving favorable news coverage?
News stories about MRBK stock have trended neutral recently, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MERIDIAN BK PAO/SH earned a daily sentiment score of 0.4 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.
Who are some of MERIDIAN BK PAO/SH's key competitors?
Some companies that are related to MERIDIAN BK PAO/SH include Corenergy Infrastructure Trust (CORR), Yintech Investment (YIN), MFS Intermediate Income Trust (MIN), Sierra Bancorp (BSRR), Heritage Insurance (HRTG), Putnam Municipal Opportunities Trust (PMO), Capital City Bank Group (CCBG), Hingham Institution for Savings (HIFS), Innovative Industrial Properties (IIPR), Blackrock Capital Investment (BKCC), Ares Commercial Real Estate (ACRE), Atlantic Capital Bancshares (ACBI), VanEck Vectors Biotech ETF (BBH), Auxly Cannabis Group (CBWTF) and DWS Municipal Income Trust (KTF).
Who are MERIDIAN BK PAO/SH's key executives?
MERIDIAN BK PAO/SH'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 Kochka, Exec. VP & Chief Lending Officer (Age 61)
- James D. Nelsen, Sr. VP of Lending
Who are MERIDIAN BK PAO/SH's major shareholders?
MERIDIAN BK PAO/SH's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Banc Funds Co. LLC (7.30%) and Maltese Capital Management LLC (3.33%). Company insiders that own MERIDIAN BK PAO/SH stock include Christopher J Annas, Randall J Mcgarry and Robert M Casciato. View Institutional Ownership Trends for MERIDIAN BK PAO/SH.
Which institutional investors are selling MERIDIAN BK PAO/SH stock?
How do I buy shares of MERIDIAN BK PAO/SH?
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 BK PAO/SH's stock price today?
One share of MRBK stock can currently be purchased for approximately $16.95.
How big of a company is MERIDIAN BK PAO/SH?
MERIDIAN BK PAO/SH has a market capitalization of $108.35 million and generates $71.81 million in revenue each year.
MarketBeat Community Rating for MERIDIAN BK PAO/SH (NASDAQ MRBK)
MarketBeat's community ratings are surveys of what our community members think about MERIDIAN BK PAO/SH 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.
