Meridian Corporation

Meridian Corporation

MRBKยทNASDAQ

$17.88

-0.83%
Financial ServicesBanks - Regional

Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, and shared national credits; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title and land settlement services. In addition, the company operates and originates mortgage loans for 1-4 family dwellings; and offers real estate holding, investment advisory, and equipment leasing services. It operates through a network of 6 full-service branches, and 19 other offices. The company was founded in 2004 and is headquartered in Malvern, Pennsylvania.

At a Glance

Live Snapshot
Market Cap$212.60M
EPS1.9300
P/E Ratio9.26
Earnings Date07/23/2026
3Y+58.0%
5Y+37.0%
10Y+206.0%
3Y-
5Y-17.0%
10Y+344.0%
3Y-71.0%
5Y-115.0%
10Y-53.0%
Meridian Corporation

Meridian Corporation Profit Bridge

MRBK ยท NASDAQ
Revenue205.49M
Cost of Goods Sold (93.79M)
Gross Profit111.71M
Operating Expenses (83.30M)
Operating Income28.40M
Interest Expense (78.64M)
Other Income/Expense0.00
Pretax Income28.40M
Income Tax (6.57M)
Net Income21.84M
Net Income
21.84M

Profitability Analysis

Gross Margin

54.4%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

13.8%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

10.6%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

23.1%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Meridian Corporation Income Statement

MRBK โ€ข NASDAQ

Meridian Corporation Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
REVENUE
205.5M
197.4M
168.6M
130.4M
159.5M
149.6M
85.8M
73.8M
68.4M
67.1M
58.5M
44.3M
40.5M
32.2M
GROSS PROFIT
(93.8M)
(96.4M)
(74.5M)
(21.1M)
(9.5M)
(22M)
(17.4M)
(13M)
(8.9M)
(6.4M)
(6M)
(0.0)
(0.0)
(0.0)
111.7M
100.9M
94.1M
109.4M
150M
127.6M
68.3M
60.8M
59.5M
60.7M
52.5M
44.3M
40.5M
32.2M
OPERATING INCOME
(83.3M)
(79.1M)
(77.1M)
(81.4M)
(103.7M)
(93.1M)
(54.8M)
(50.3M)
(53.7M)
(53.2M)
(43M)
(37.7M)
(34.7M)
(26.3M)
(55.9M)
(8.1M)
(51.1M)
(60M)
(82.6M)
(75M)
(37.6M)
(38M)
(42.3M)
(43.2M)
(35.4M)
(29.9M)
(0.0)
(0.0)
28.4M
21.8M
17M
27.9M
46.3M
34.5M
13.5M
10.5M
5.8M
7.5M
9.4M
14.3M
40.5M
5.9M
PRE-TAX INCOME
(78.6M)
(85M)
(67.6M)
(18.6M)
(8.4M)
(13.7M)
(16.5M)
(11.4M)
(6.8M)
(5.2M)
(4.6M)
(0.0)
(0.0)
(0.0)
87.7M
71M
68.9M
70.1M
63.1M
49M
36.3M
32.7M
28.9M
25.8M
23.4M
0.0
0.0
0.0
(27.4M)
(71.1M)
(26M)
(21.5M)
(21.1M)
(18.1M)
(17.2M)
(12.3M)
(11.4M)
(10M)
(7.6M)
(0.0)
(0.0)
(0.0)
28.4M
21.8M
17M
27.9M
46.3M
34.5M
13.5M
10.5M
5.8M
7.5M
9.4M
6.6M
5.9M
5.9M
NET INCOME
(6.6M)
(5.4M)
(3.7M)
(6.1M)
(10.7M)
(8.1M)
(3M)
(2.3M)
(2.8M)
(2.6M)
(3.2M)
(2.3M)
(2M)
(1.9M)
21.8M
16.3M
13.2M
21.8M
35.6M
26.4M
10.5M
8.2M
3M
4.9M
6.2M
4.3M
3.9M
4M

SEC Filings

MRBK - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 29, 2026
May 28, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 11, 2026
March 31, 2026
2026
8-K/A

8-K/A 2026 (Amended)

N/A

May 04, 2026
April 23, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 27, 2026
2026
8-K

8-K 2026

N/A

April 23, 2026
April 23, 2026
2026
8-K

8-K 2026

N/A

April 23, 2026
April 23, 2026
2026
DEF 14A

DEF 14A 2025

N/A

April 06, 2026
December 31, 2025
2025
10-K

10-K 2025 FY

FY

March 13, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 29, 2026
January 29, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 07, 2025
September 30, 2025
2025
Showing 1 to 10 of 125 filings