Meridian Bank 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
Stock Exchange NASDAQ
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 Ratio25.01
Forward P/E Ratio19.18
P/E Growth2.41
Sales & Book Value
Annual Sales$71.81 million
Price / Sales1.54
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$111.03 million
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) released its quarterly earnings data on Tuesday, May, 1st. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.04. The firm had revenue of $14.75 million for the quarter, compared to analyst estimates of $16.33 million. View MERIDIAN BK PAO/SH's Earnings History.
What price target have analysts set for MRBK?
2 brokerages have issued 1 year price objectives for MERIDIAN BK PAO/SH's stock. Their predictions range from $21.00 to $21.00. On average, they expect MERIDIAN BK PAO/SH's stock price to reach $21.00 in the next year. This suggests a possible upside of 21.7% 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.
Who are some of MERIDIAN BK PAO/SH's key competitors?
Some companies that are related to MERIDIAN BK PAO/SH include Putnam Municipal Opportunities Trust (PMO), EQT (EQT), IMF Bentham (IMF), Blackrock Capital Investment (BKCC), Tekla Life Sciences Investors (HQL), Farmers Capital Bank (FFKT), Strategic Global Government Fund Inc. Closed-End Fund (RCS), Republic First Bancorp (FRBK), Farmers National Banc (FMNB), MCAN Mortgage (MKP), MidWestOne Financial Group (MOFG), AGM Group (AGMH), NEWTEK Business Services (NEWT), Deutsche Municipal Income Trust (KTF) and Industria REIT (IDR).
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. Charles Kochka, Exec. VP & Chief Lending Officer (Age 61)
- Mr. Joseph L. Cafarchio, Exec. VP & Chief Credit Officer (Age 61)
- Mr. Edward J. Carpoletti, Sr. VP of Wealth Management
Has MERIDIAN BK PAO/SH been receiving favorable news coverage?
Media coverage about MRBK stock has trended somewhat positive on Wednesday, according to Accern. Accern identifies negative and positive media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MERIDIAN BK PAO/SH earned a daily sentiment score of 0.18 on Accern's scale. They also gave news stories about the company an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for MERIDIAN BK PAO/SH.
Who are MERIDIAN BK PAO/SH's major shareholders?
MERIDIAN BK PAO/SH's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Maltese Capital Management LLC (4.04%), Maltese Capital Management LLC (4.04%) and First Manhattan Co. (2.43%). Company insiders that own MERIDIAN BK PAO/SH stock include Christopher J Annas and Robert M Casciato. View Institutional Ownership Trends for MERIDIAN BK PAO/SH.
Which institutional investors are selling MERIDIAN BK PAO/SH stock?
Which institutional investors are buying MERIDIAN BK PAO/SH stock?
MRBK stock was purchased by a variety of institutional investors in the last quarter, including First Manhattan Co.. Company insiders that have bought MERIDIAN BK PAO/SH stock in the last two years include Christopher J Annas and Robert M Casciato. View Insider Buying and Selling for MERIDIAN BK PAO/SH.
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 $17.26.
How big of a company is MERIDIAN BK PAO/SH?
MERIDIAN BK PAO/SH has a market capitalization of $111.03 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.
