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Meridian (MRBK) Stock

Profile

Country:

United States

IPO:

07 November 2017

Indexes:

Not included

Description:

MRBK (Meridian) is a company focused on providing innovative solutions in the technology sector. They specialize in software development, digital transformation, and IT consulting, helping businesses improve efficiency and achieve their goals through tailored technology services and support.

Key Details

Price

$16.73

TTM Dividend Yield

2.99%(-20.69% YoY)

Annual Revenue

$100.91 M(-9.79% YoY)

Annual EPS

$1.16(-35.20% YoY)

PE Ratio

16.56(+85.65% YoY)

Beta

0.31

Events Calendar

Earnings

Next earnings date:

Jan 24, 2025

Recent quarterly earnings:

Oct 24, 2024

Recent annual earnings:

Jan 26, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 12, 2024
Splits

Next split:

N/A

Recent split:

Mar 21, 2023

Analyst ratings

Recent major analysts updates

29 Oct '24 Piper Sandler
Neutral
29 Oct '24 DA Davidson
Buy
30 July '24 Piper Sandler
Neutral
29 Jan '24 Piper Sandler
Neutral
04 May '23 Keefe, Bruyette & Woods
Market Perform
06 Apr '23 Keefe, Bruyette & Woods
Market Perform
22 Mar '23 Keefe, Bruyette & Woods
Market Perform
31 July '20 Keefe, Bruyette & Woods
Outperform
30 Apr '20 DA Davidson
Buy
07 Aug '19 Keefe, Bruyette & Woods
Outperform

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Institutional Ownership

Meridian Health Plan of Illinois and Liberty Bank and Trust Partner to Create Small Business Loan Program to Support and Empower Diverse and Small Businesses in Illinois
Meridian Health Plan of Illinois and Liberty Bank and Trust Partner to Create Small Business Loan Program to Support and Empower Diverse and Small Businesses in Illinois
Meridian Health Plan of Illinois and Liberty Bank and Trust Partner to Create Small Business Loan Program to Support and Empower Diverse and Small Businesses in Illinois
MRBK
prnewswire.com21 November 2024

$500,000 grant from Meridian will support $2.5 million in lending power to fuel growth and community development CHICAGO , Nov. 21, 2024 /PRNewswire/ -- Meridian Health Plan of Illinois, Inc. (Meridian), a provider of government-sponsored managed care services to families, children, seniors and individuals with complex medical needs and a Centene Corporation company (NYSE:CNC), today announced its support of Liberty Bank and Trust's small business loan program to offer loans to small businesses, including diverse and minority-owned, ranging from $10,000 to $50,000. Under the partnership, Meridian has granted $500,000 in seed funding to Liberty's Lighting Loan Program to support $2.5 million in lending power to minority owned or led small businesses based in Illinois.

Meridian Drills Significant High-Grade VMS Gold Mineralization: 75.6m @ 4.6 g/t AuEq (3.0 g/t Au, 1.0% Cu, 30.2 g/t Ag & 2.5% Zn) at Santa Helena
Meridian Drills Significant High-Grade VMS Gold Mineralization: 75.6m @ 4.6 g/t AuEq (3.0 g/t Au, 1.0% Cu, 30.2 g/t Ag & 2.5% Zn) at Santa Helena
Meridian Drills Significant High-Grade VMS Gold Mineralization: 75.6m @ 4.6 g/t AuEq (3.0 g/t Au, 1.0% Cu, 30.2 g/t Ag & 2.5% Zn) at Santa Helena
MRBK
accesswire.com20 November 2024

Discovery of gold-rich VMS system creates potential game changing upside for Santa Helena LONDON, UK / ACCESSWIRE / November 20, 2024 / Meridian Mining UK. S ( TSX:MNO )(Frankfurt/Tradegate:2MM )(OTCQX: MRRDF ) ("Meridian" or the "Company") is pleased to announce the most significant high-grade gold-rich VMS drill intersection to date from the Santa Helena Au-Cu-Ag & Zn VMS deposit ("Santa Helena").

Meridian Bank (MRBK) Surpasses Q3 Earnings and Revenue Estimates
Meridian Bank (MRBK) Surpasses Q3 Earnings and Revenue Estimates
Meridian Bank (MRBK) Surpasses Q3 Earnings and Revenue Estimates
MRBK
zacks.com24 October 2024

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) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
Meridian Bank (MRBK) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
Meridian Bank (MRBK) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
MRBK
zacks.com18 October 2024

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.

Meridian Corporation: Rate Cuts To Boost Mortgage Banking Income
Meridian Corporation: Rate Cuts To Boost Mortgage Banking Income
Meridian Corporation: Rate Cuts To Boost Mortgage Banking Income
MRBK
seekingalpha.com16 October 2024

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%.

Meridian Capital Group Scheduled to Re-enter Freddie Mac Loan Market January 1
Meridian Capital Group Scheduled to Re-enter Freddie Mac Loan Market January 1
Meridian Capital Group Scheduled to Re-enter Freddie Mac Loan Market January 1
MRBK
businesswire.com10 October 2024

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.

Freddie Mac to End Blacklist of Real-Estate Broker Meridian
Freddie Mac to End Blacklist of Real-Estate Broker Meridian
Freddie Mac to End Blacklist of Real-Estate Broker Meridian
MRBK
wsj.com09 October 2024

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.

Meridian Reports High-Grade Assay Results & New Geophysical Targets at Santa Helena
Meridian Reports High-Grade Assay Results & New Geophysical Targets at Santa Helena
Meridian Reports High-Grade Assay Results & New Geophysical Targets at Santa Helena
MRBK
accesswire.com23 September 2024

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.

Meridian Partners with Mae to Improve Maternal Outcomes and Reduce Disparities Across Michigan
Meridian Partners with Mae to Improve Maternal Outcomes and Reduce Disparities Across Michigan
Meridian Partners with Mae to Improve Maternal Outcomes and Reduce Disparities Across Michigan
MRBK
prnewswire.com19 September 2024

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.

Meridian Reports Further Broad Shallow Zones of Mineralization at Cabaçal Including CD-535 - 21.6m @ 3.1g/t AuEq / 2.1% CuEq from 85m
Meridian Reports Further Broad Shallow Zones of Mineralization at Cabaçal Including CD-535 - 21.6m @ 3.1g/t AuEq / 2.1% CuEq from 85m
Meridian Reports Further Broad Shallow Zones of Mineralization at Cabaçal Including CD-535 - 21.6m @ 3.1g/t AuEq / 2.1% CuEq from 85m
MRBK
accesswire.com04 September 2024

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.

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FAQ

  • What is the primary business of Meridian?
  • What is the ticker symbol for Meridian?
  • Does Meridian pay dividends?
  • What sector is Meridian in?
  • What industry is Meridian in?
  • What country is Meridian based in?
  • When did Meridian go public?
  • Is Meridian in the S&P 500?
  • Is Meridian in the NASDAQ 100?
  • Is Meridian in the Dow Jones?
  • When was Meridian's last earnings report?
  • When does Meridian report earnings?
  • Should I buy Meridian stock now?

What is the primary business of Meridian?

MRBK (Meridian) is a company focused on providing innovative solutions in the technology sector. They specialize in software development, digital transformation, and IT consulting, helping businesses improve efficiency and achieve their goals through tailored technology services and support.

What is the ticker symbol for Meridian?

The ticker symbol for Meridian is NASDAQ:MRBK

Does Meridian pay dividends?

Yes, Meridian pays dividends. The last payment was $0.13, with an ex-dividend date on 12 November 2024

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 based in?

Meridian is headquartered in United States

When did Meridian go public?

Meridian's initial public offering (IPO) was on 07 November 2017

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's last earnings report?

Meridian's most recent earnings report was on 24 October 2024

When does Meridian report earnings?

The next expected earnings date for Meridian is 24 January 2025

Should I buy Meridian stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions