Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
07 November 2017Website:
http://www.meridianbanker.comNext earnings report:
24 January 2025Last dividends:
12 August 2024Next dividends:
12 November 2024Price
after hours | Fri, 01 Nov 2024 20:00:10 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
MRBK Latest News
Meridian Bank (MRBK) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.35 per share a year ago.
Meridian Bank (MRBK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The biggest earnings catalyst is interest rate cuts, which will provide a much-needed boost to MRBK's mortgage banking business. The net interest income will also grow because rate cuts and a conducive economic environment will drive loan growth. The December 2025 target price suggests a moderate upside from the October 15 closing price. Additionally, MRBK is offering a dividend yield of 3.9%.
NEW YORK--(BUSINESS WIRE)--Meridian Capital Group, one of the nation's leading commercial real estate finance, investment sales and retail leasing advisors, announced today that Freddie Mac lenders may resume requesting quotes for Meridian-brokered loans beginning on January 1, 2025. “We are excited about our reinstated ability to offer our clients agency lending options and we believe our efforts to create a best-in-class approach to compliance will set the tone for the commercial mortgage bro.
Meridian Capital Group will resume business with Freddie in January, more than a year after it was banned in response to allegations that some of its brokers falsified client financials to get bigger loans.
CD-574 returns high-grade core of 5.5m @ 9.0g/t AuEq / 6.0% CuEq from 60.1m; contained within wider intersection of 15.9m @ 3.9g/t AuEq / 2.6% CuEq from 58.2m LONDON, UK / ACCESSWIRE / September 23, 2024 / Meridian Mining UK. S (TSX:MNO)(Frankfurt/Tradegate:2MM)(OTCQX:MRRDF) ("Meridian" or the "Company") is pleased to announce several of the strongest results to date from its Santa Helena Au-Cu-Ag & Zn VMS deposit ("Santa Helena"), part of the greater Au-Cu Cabaçal Project ("Cabaçal"), in the state of Mato Grosso, Brazil.
Partnership aims to improve access to doula care and address the cultural needs of Medicaid members during pregnancy and postpartum DETROIT , Sept. 19, 2024 /PRNewswire/ -- Meridian, a leading managed care organization in the state of Michigan and a Centene Corporation company (NYSE: CNC), has partnered with Mae, a culturally responsive digital solution built to address the specific clinical, social and cultural needs of underserved expectant mothers, to provide supplementary support for the maternal health needs of all eligible pregnant and postpartum members.
Multiple targets for Cabaçal-type Cu-Au repeats identified along the 10km Mine Corridor LONDON, UK / ACCESSWIRE / September 4, 2024 / Meridian Mining UK S (TSX:MNO)(Frankfurt/Tradegate:2MM)(OTCQX:MRRDF) ("Meridian" or the "Company") is pleased to announce further strong results from its Cabaçal Cu-Au-Ag project ("Cabaçal"). Wide zones of Cu-Au-Ag mineralization continue to be defined, highlighted by CD-535 returning 21.6m @ 3.1g/t AuEq / 2.1% CuEq, and CD-529 returning 16.1m @ 2.8g/t AuEq / 1.9% CuEq ("Figure 1"), within the open pit area1.
Meridian Bank (MRBK) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.41 per share a year ago.
MALVERN, Pa., July 26, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported: Three Months Ended (Dollars in thousands, except per share data)((Unaudited) June 30, 2024 March 31, 2024 June 30, 2023 Income: Net income $ 3,326 $ 2,676 $ 4,645 Diluted earnings per common share $ 0.30 $ 0.24 $ 0.41 Pre-tax, pre-provision income (1) $ 7,072 $ 6,419 $ 6,607 (1) See Non-GAAP reconciliation in the Appendix Commercial loans, excluding leases, increased $40.7 million, or 3%, for the quarter and $112.3 million, or 8%, year over year.
- 1(current)
What type of business is Meridian?
Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Florida, 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, shared national credits, and other financing; 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, as well as financial planning and wealth management services. Meridian Corporation was incorporated in 2004 and is headquartered in Malvern, Pennsylvania.
What sector is Meridian in?
Meridian is in the Financial Services sector
What industry is Meridian in?
Meridian is in the Banks - Regional industry
What country is Meridian from?
Meridian is headquartered in United States
When did Meridian go public?
Meridian initial public offering (IPO) was on 07 November 2017
What is Meridian website?
https://www.meridianbanker.com
Is Meridian in the S&P 500?
No, Meridian is not included in the S&P 500 index
Is Meridian in the NASDAQ 100?
No, Meridian is not included in the NASDAQ 100 index
Is Meridian in the Dow Jones?
No, Meridian is not included in the Dow Jones index
When was Meridian the previous earnings report?
No data
When does Meridian earnings report?
The next expected earnings date for Meridian is 24 January 2025