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
CIKN/A
WebN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$76.42 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable
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) announced its quarterly earnings results on Thursday, October, 24th. The company reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.11. The business earned $19.09 million during the quarter. View Meridian Bank's Earnings History.
What is the consensus analysts' recommendation for Meridian Bank?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Meridian Bank 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 Bank.
Has Meridian Bank been receiving favorable news coverage?
Media stories about MRBK stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Meridian Bank earned a media sentiment score of 0.6 on InfoTrie's scale. They also gave news stories about the company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the near future. View News Stories for Meridian Bank.
Are investors shorting Meridian Bank?
Meridian Bank saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 7,600 shares, an increase of 300.0% from the December 15th total of 1,900 shares. Based on an average daily volume of 7,100 shares, the short-interest ratio is currently 1.1 days. Approximately 0.1% of the shares of the company are short sold. View Meridian Bank's Current Options Chain.
Who are some of Meridian Bank's key competitors?
Some companies that are related to Meridian Bank include Century Bancorp (CNBKA), Dreyfus Strategic Municipal Bond Fund (DSM), Blackrock Muniyld California Quty Fd (MCA), Financial Institutions (FISI), Independent Bank Co.(MI) (IBCP), Hansteen (HSTN), Gamco Investors (GBL), FRP (FRPH), Cowen (COWN), Waterstone Financial (WSBF), Old Line Bancshares, Inc. (MD) (OLBK), Diamond Hill Investment Group (DHIL), BOSTON OMAHA (BOMN), Blackrock Muniyield Quality Fund (MQY) and Capital City Bank Group (CCBG).
What other stocks do shareholders of Meridian Bank own?
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 63)
- Ms. Denise Lindsay, Exec. VP, CFO & Director (Age 52)
- Mr. Randy J. McGarry, Chief Information Officer (Age 51)
- Mr. Joseph L. Cafarchio, Exec. VP & Chief Credit Officer (Age 62)
- Mr. Charles Kochka, Exec. VP & Chief Lending Officer (Age 62)
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, Robinhood, Fidelity and Charles Schwab.
What is Meridian Bank's stock price today?
One share of MRBK stock can currently be purchased for approximately $19.78.
How big of a company is Meridian Bank?
MarketBeat Community Rating for Meridian Bank (NASDAQ 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.
