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
WebN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$71.81 million
Profitability
Miscellaneous
EmployeesN/A
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) issued its earnings results on Monday, October, 29th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.25. The firm earned $17.55 million during the quarter, compared to analyst estimates 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?
1 brokers have issued 1 year target prices for MERIDIAN BK PAO/SH's shares. Their forecasts 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 twelve months. This suggests a possible upside of 25.6% 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?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MERIDIAN BK PAO/SH 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 BK PAO/SH.
Has MERIDIAN BK PAO/SH been receiving favorable news coverage?
News articles about MRBK stock have been trending very positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. MERIDIAN BK PAO/SH earned a daily sentiment score of 3.2 on InfoTrie's scale. They also gave media stories about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are some of MERIDIAN BK PAO/SH's key competitors?
Some companies that are related to MERIDIAN BK PAO/SH include MFS Intermediate Income Trust (MIN), Century Bancorp (CNBKA), Blackrock Capital Investment (BKCC), Anworth Mortgage Asset Corp Reit (ANH), VanEck Vectors Biotech ETF (BBH), Yangtze River Port and Logistics (YRIV), Old Second Bancorp (OSBC), Strategic Global Government Fund Inc. Closed-End Fund (RCS), DWS Municipal Income Trust (KTF), CBL & Associates Properties (CBL), Catchmark Timber Trust (CTT), Corenergy Infrastructure Trust (CORR), Franklin Financial Network (FSB), Blackrock Muniyield Quality Fund (MQY) and Hingham Institution for Savings (HIFS).
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
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 $16.72.
How big of a company is MERIDIAN BK PAO/SH?
MERIDIAN BK PAO/SH has a market capitalization of $107.18 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.
