NASDAQ:MRBK - Meridian Bank Stock Price, Price Target & More

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$17.80 0.00 (0.00 %)
(As of 05/25/2018 02:51 PM ET)
Previous Close$17.80
Today's Range$17.95 - $17.95
52-Week Range$16.56 - $21.37
Volume24 shs
Average Volume3,222 shs
Market Capitalization$113.78 million
P/E Ratio25.80
Dividend YieldN/A
BetaN/A

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.

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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?

Meridian Bank is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Meridian Bank.

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?

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?

Meridian Bank's stock is owned by many different of institutional and retail investors. Top institutional investors include Sei Investments Co. (0.74%) and Ancora Advisors LLC (0.33%). View Institutional Ownership Trends for Meridian Bank.

Which institutional investors are buying Meridian Bank stock?

MRBK stock was bought by a variety of institutional investors in the last quarter, including Sei Investments Co. and Ancora Advisors LLC. View Insider Buying and Selling for Meridian Bank.

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)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  18 (Vote Outperform)
Underperform Votes:  20 (Vote Underperform)
Total Votes:  38
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.

Analyst Ratings

Meridian Bank (NASDAQ:MRBK) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
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."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyN/A
Consensus Rating Score: 3.003.003.00N/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$22.00N/A
Price Target Upside: 17.98% upside19.89% upside19.89% upsideN/A

Meridian Bank (NASDAQ:MRBK) Consensus Price Target History

Price Target History for Meridian Bank (NASDAQ:MRBK)

Meridian Bank (NASDAQ:MRBK) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/3/2018DA DavidsonLower Price TargetBuy ➝ Buy$22.00 ➝ $21.00HighView Rating Details
12/4/2017Sandler O'NeillInitiated CoverageBuyLowView Rating Details
(Data available from 5/25/2016 forward)

Earnings

Meridian Bank (NASDAQ:MRBK) Earnings History and Estimates Chart

Earnings by Quarter for Meridian Bank (NASDAQ:MRBK)

Meridian Bank (NASDAQ:MRBK) Earnings Estimates

2018 EPS Consensus Estimate: $1.02
2019 EPS Consensus Estimate: $1.51
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181$0.16$0.16$0.16
Q2 20181$0.29$0.29$0.29
Q3 20181$0.27$0.27$0.27
Q4 20181$0.30$0.30$0.30
Q1 20191$0.23$0.23$0.23
Q2 20191$0.44$0.44$0.44
Q3 20191$0.45$0.45$0.45
Q4 20191$0.39$0.39$0.39

Meridian Bank (NASDAQ MRBK) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/7/2018        
5/1/20183/31/2018$0.16$0.20$16.33 million$14.75 millionViewN/AView Earnings Details
1/30/2018Q4 2017$0.33$0.16$16.71 million$17.01 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Meridian Bank (NASDAQ:MRBK) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Meridian Bank (NASDAQ MRBK) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 46.36%
Insider Trading History for Meridian Bank (NASDAQ:MRBK)
Insider Trading History for Meridian Bank (NASDAQ:MRBK)

Meridian Bank (NASDAQ MRBK) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Meridian Bank (NASDAQ MRBK) News Headlines

Source:
DateHeadline
DA Davidson Equities Analysts Reduce Earnings Estimates for Meridian Bank (MRBK)DA Davidson Equities Analysts Reduce Earnings Estimates for Meridian Bank (MRBK)
www.americanbankingnews.com - May 7 at 4:18 AM
Zacks Investment Research Downgrades Meridian Bank (MRBK) to SellZacks Investment Research Downgrades Meridian Bank (MRBK) to Sell
www.americanbankingnews.com - May 5 at 6:37 AM
DA Davidson Weighs in on Meridian Banks Q2 2018 Earnings (MRBK)DA Davidson Weighs in on Meridian Bank's Q2 2018 Earnings (MRBK)
www.americanbankingnews.com - May 4 at 7:36 AM
Meridian Bank (MRBK) PT Lowered to $21.00 at DA DavidsonMeridian Bank (MRBK) PT Lowered to $21.00 at DA Davidson
www.americanbankingnews.com - May 3 at 11:02 PM
Meridian Bank (MRBK) Announces Quarterly  Earnings Results, Beats Expectations By $0.04 EPSMeridian Bank (MRBK) Announces Quarterly Earnings Results, Beats Expectations By $0.04 EPS
www.americanbankingnews.com - May 2 at 12:00 PM
Meridian Bank beats by $0.04, misses on revenueMeridian Bank beats by $0.04, misses on revenue
seekingalpha.com - May 1 at 10:32 AM
Meridian Bank Reports First Quarter 2018 ResultsMeridian Bank Reports First Quarter 2018 Results
finance.yahoo.com - May 1 at 10:32 AM
Banc Funds Co. LLC Buys Shares of 392,875 Meridian Bank (MRBK)Banc Funds Co. LLC Buys Shares of 392,875 Meridian Bank (MRBK)
www.americanbankingnews.com - March 3 at 4:32 AM
Price Michael F Buys Shares of 175,000 Meridian Bank (MRBK)Price Michael F Buys Shares of 175,000 Meridian Bank (MRBK)
www.americanbankingnews.com - February 28 at 3:56 PM
Meridian Bank to Post Q1 2018 Earnings of $0.16 Per Share, DA Davidson Forecasts (MRBK)Meridian Bank to Post Q1 2018 Earnings of $0.16 Per Share, DA Davidson Forecasts (MRBK)
www.americanbankingnews.com - February 2 at 9:10 AM
Meridian Bank Reports Fourth Quarter and Full Year 2017 ResultsMeridian Bank Reports Fourth Quarter and Full Year 2017 Results
finance.yahoo.com - January 31 at 8:16 AM
Meridian Bank prices IPO at $17 a share, low end of price rangeMeridian Bank prices IPO at $17 a share, low end of price range
finance.yahoo.com - December 20 at 4:04 PM
Meridian Bank (Nasdaq: MRBK) to Ring The Nasdaq Stock Market Closing BellMeridian Bank (Nasdaq: MRBK) to Ring The Nasdaq Stock Market Closing Bell
finance.yahoo.com - December 20 at 4:04 PM
Meridian Bank Forecasted to Post FY2017 Earnings of $0.85 Per Share (MRBK)Meridian Bank Forecasted to Post FY2017 Earnings of $0.85 Per Share (MRBK)
www.americanbankingnews.com - December 6 at 6:22 AM
Meridian Bank (MRBK) Receives New Coverage from Analysts at Sandler ONeillMeridian Bank (MRBK) Receives New Coverage from Analysts at Sandler O'Neill
www.americanbankingnews.com - December 4 at 11:38 AM
Meridian Bank (MRBK) Now Covered by DA DavidsonMeridian Bank (MRBK) Now Covered by DA Davidson
www.americanbankingnews.com - December 4 at 8:52 AM

SEC Filings

Meridian Bank (NASDAQ:MRBK) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Meridian Bank (NASDAQ MRBK) Stock Chart for Friday, May, 25, 2018

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This page was last updated on 5/25/2018 by MarketBeat.com Staff

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