Meridian Bank (MRBK) to Release Quarterly Earnings on Friday

Meridian Bank (NASDAQ:MRBK) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Friday, July 25th. Analysts expect the company to announce earnings of $0.41 per share and revenue of $29.65 million for the quarter.

Meridian Bank (NASDAQ:MRBK) last posted its quarterly earnings data on Friday, April 25th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.12). Meridian Bank had a return on equity of 9.52% and a net margin of 8.09%. The company had revenue of $27.10 million for the quarter, compared to the consensus estimate of $27.93 million. On average, analysts expect Meridian Bank to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Meridian Bank Stock Performance

NASDAQ MRBK opened at $14.25 on Friday. Meridian Bank has a 52-week low of $10.04 and a 52-week high of $17.33. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.96 and a current ratio of 0.98. The company has a market capitalization of $160.74 million, a P/E ratio of 10.04 and a beta of 0.67. The company has a fifty day moving average of $13.27 and a 200-day moving average of $14.16.

Meridian Bank Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, May 19th. Shareholders of record on Monday, May 12th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.51%. The ex-dividend date of this dividend was Monday, May 12th. Meridian Bank’s dividend payout ratio is presently 35.21%.

Analyst Ratings Changes

Several research firms have weighed in on MRBK. Piper Sandler lowered their price target on shares of Meridian Bank from $17.00 to $16.00 and set a “neutral” rating for the company in a research note on Tuesday, April 29th. DA Davidson lowered their price target on shares of Meridian Bank from $19.00 to $18.00 and set a “buy” rating for the company in a research note on Tuesday, April 29th.

Insiders Place Their Bets

In other Meridian Bank news, Director Robert M. Casciato purchased 2,000 shares of the stock in a transaction on Friday, May 9th. The stock was acquired at an average cost of $13.79 per share, with a total value of $27,580.00. Following the completion of the purchase, the director directly owned 215,396 shares of the company’s stock, valued at approximately $2,970,310.84. This trade represents a 0.94% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have acquired 3,208 shares of company stock valued at $44,416 over the last ninety days. Insiders own 14.38% of the company’s stock.

Institutional Trading of Meridian Bank

Several hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC bought a new position in shares of Meridian Bank during the first quarter valued at about $209,000. Jane Street Group LLC raised its stake in shares of Meridian Bank by 178.7% during the first quarter. Jane Street Group LLC now owns 65,483 shares of the company’s stock valued at $943,000 after acquiring an additional 41,984 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of Meridian Bank by 114.1% during the first quarter. Goldman Sachs Group Inc. now owns 83,179 shares of the company’s stock valued at $1,198,000 after acquiring an additional 44,332 shares during the last quarter. 58.56% of the stock is owned by institutional investors.

About Meridian Bank

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.