Meridian Bank (MRBK) to Announce Earnings on Thursday

Meridian Bank (NASDAQ:MRBK) is projected to issue its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect Meridian Bank to post earnings of $0.51 per share and revenue of $34.3060 million for the quarter. Individuals can check the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, July 31, 2026 at 4:00 PM ET.

Meridian Bank (NASDAQ:MRBK) last issued its quarterly earnings results on Thursday, April 23rd. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.09). The business had revenue of $30.24 million for the quarter, compared to analysts’ expectations of $31.79 million. Meridian Bank had a net margin of 11.68% and a return on equity of 12.61%. On average, analysts expect Meridian Bank to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Meridian Bank Stock Performance

Shares of Meridian Bank stock opened at $20.27 on Tuesday. The business’s fifty day simple moving average is $18.98 and its 200 day simple moving average is $19.05. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.25. Meridian Bank has a 12 month low of $13.81 and a 12 month high of $21.67. The firm has a market capitalization of $241.01 million, a P/E ratio of 9.79 and a beta of 0.65.

Meridian Bank Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Monday, May 4th. This represents a $0.56 annualized dividend and a dividend yield of 2.8%. Meridian Bank’s dividend payout ratio (DPR) is currently 27.05%.

Hedge Funds Weigh In On Meridian Bank

Hedge funds have recently made changes to their positions in the stock. BNP Paribas Financial Markets lifted its holdings in Meridian Bank by 125.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,183 shares of the company’s stock worth $66,000 after purchasing an additional 2,331 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Meridian Bank by 26,887.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,318 shares of the company’s stock valued at $56,000 after buying an additional 4,302 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Meridian Bank during the 2nd quarter valued at about $64,000. Bank of America Corp DE increased its position in shares of Meridian Bank by 166.6% during the second quarter. Bank of America Corp DE now owns 6,103 shares of the company’s stock valued at $79,000 after buying an additional 3,814 shares during the period. Finally, Maltese Capital Management LLC bought a new stake in shares of Meridian Bank during the third quarter valued at about $126,000. 58.56% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. DA Davidson lifted their target price on Meridian Bank from $22.00 to $23.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Zacks Research lowered shares of Meridian Bank from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 29th. Wall Street Zen downgraded shares of Meridian Bank from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Weiss Ratings raised shares of Meridian Bank from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, June 5th. Finally, Piper Sandler set a $21.00 target price on shares of Meridian Bank and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Meridian Bank presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.00.

About Meridian Bank

Meridian Bank, a Pennsylvania-chartered institution founded in 1993 and headquartered in Philadelphia, operates as a full-service community bank serving the Greater Philadelphia region. As a wholly owned subsidiary of Meridian Bancorp, Inc (NASDAQ: MRBK), the bank maintains a network of branch locations complemented by online and mobile platforms to meet the evolving needs of individual and business customers.

On the consumer side, Meridian Bank offers a comprehensive suite of deposit products, including checking accounts, savings accounts and certificates of deposit, alongside personal lending solutions such as home equity lines of credit, residential mortgage loans and unsecured consumer loans.