Meridian Bank Financials

MRBK Stock  USD 17.08  0.18  1.07%   
Meridian Bank may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Meridian Bank's Cash And Short Term Investments are quite stable compared to the past year. Non Current Liabilities Total is expected to rise to about 2.2 B this year, although the value of Other Liabilities will most likely fall to about 11.4 M. Key indicators impacting Meridian Bank's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.10.1407
Way Down
Slightly volatile
Return On Assets0.00780.0059
Significantly Up
Slightly volatile
Return On Equity0.07340.0838
Fairly Down
Very volatile
Debt Equity Ratio0.50.5285
Notably Down
Slightly volatile
Operating Income22.6 M27.4 M
Significantly Down
Slightly volatile
Current Ratio1.241.31
Notably Down
Pretty Stable
The financial analysis of Meridian Bank is a critical element in measuring its lifeblood. Investors should not minimize Meridian Bank's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

13.03 Million

  

Meridian Bank Stock Summary

Meridian Bank competes with Community West, Investar Holding, Finward Bancorp, First Financial, and First Northwest. 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 was founded in 2004 and is headquartered in Malvern, Pennsylvania. Meridian Bank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 413 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS58958P1049
CUSIP58958P104
LocationPennsylvania; U.S.A
Business Address9 Old Lincoln
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.meridianbanker.com
Phone484 568 5000
CurrencyUSD - US Dollar

Meridian Bank Key Financial Ratios

Meridian Bank Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.7B1.7B2.1B2.2B1.4B
Other Liab8.6M20.1M19.8M18.9M21.7M11.4M
Net Tangible Assets115.9M137.1M161.1M149.2M171.6M110.7M
Net Debt129.3M276.3M58.4M124.0M(6.9M)(6.5M)
Accounts Payable1.1M1.2M31K2.4M10.3M9.8M
Cash39.4M36.7M23.5M38.4M56.7M32.1M
Other Assets966.8M1.4B1.3B1.7B(121.6M)(115.5M)
Long Term Debt44.1M313.1M81.9M40.3M49.8M74.2M
Other Current Assets42.6M42.2M28.5M47.5M67.7M64.3M
Total Liab1.0B1.6B541.6M1.9B2.1B1.1B
Short Long Term Debt114.3M123.7M106.9M122.1M140.4M117.6M
Total Current Assets102.1M196.8M276.0M181.1M183.9M303.6M
Short Term Debt123.7M106.9M41.3M122.1M143.4M111.2M
Common Stock6.4M6.5M6.5M6.6M13.2M8.3M
Retained Earnings34.1M59.0M84.9M95.8M101.2M54.0M
Net Receivables3.8M36.5M93.3M7.4M127.3M133.6M
Net Invested Capital288.5M301.4M81.9M315.7M207.9M189.5M
Intangible Assets4.8M4.5M4.3M3.2M3.0M3.4M
Other Current Liab(124.8M)(108.0M)(41.4M)(6.3M)933.7M980.4M

Meridian Bank Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue66.9M134.1M151.1M111.9M94.1M83.9M
Gross Profit66.9M134.1M151.1M111.9M94.1M83.9M
Operating Income13.5M34.5M46.3M45.4M27.4M22.6M
Ebit13.5M29.6M35.1M45.1M17.0M20.7M
Ebitda15.2M32.5M41.5M46.5M19.4M24.3M
Income Before Tax13.5M34.5M46.3M27.9M17.0M17.5M
Net Income10.5M26.4M35.6M21.8M13.2M13.0M
Income Tax Expense3.0M8.1M10.7M6.1M3.7M4.5M
Interest Expense16.5M13.7M8.4M18.6M67.6M71.0M
Tax Provision3.0M8.1M10.7M6.1M4.7M5.3M
Net Interest Income36.3M49.0M63.1M70.1M70.5M48.9M
Interest Income52.9M62.7M71.5M88.7M128.0M66.3M

Meridian Bank Key Cash Accounts

201920202021202220232024 (projected)
Other Non Cash Items6.5M(196.6M)139.4M61.6M(479K)(455.1K)
Capital Expenditures746K747K5.4M2.9M1.8M2.0M
Net Income10.5M26.4M35.6M21.8M13.2M13.0M
Investments(143.1M)(371.0M)(40.3M)(393.1M)(289.6M)(275.1M)
Change In Cash15.4M(2.6M)(13.3M)14.9M18.3M19.2M
Net Borrowings38.8M145.4M(231.3M)80.5M72.4M76.0M
Depreciation1.7M(2.1M)(4.8M)1.1M2.5M2.6M
End Period Cash Flow39.4M36.7M23.5M38.4M56.7M33.3M
Change To Netincome7.2M(194.4M)139.8M63.2M72.7M76.4M
Free Cash Flow20.8M(158.9M)159.7M81.8M17.0M18.5M

Meridian Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Meridian Bank's current stock value. Our valuation model uses many indicators to compare Meridian Bank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Meridian Bank competition to find correlations between indicators driving Meridian Bank's intrinsic value. More Info.
Meridian Bank is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.07  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Meridian Bank is roughly  14.33 . At this time, Meridian Bank's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Meridian Bank by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Meridian Bank Systematic Risk

Meridian Bank's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Meridian Bank volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Meridian Bank correlated with the market. If Beta is less than 0 Meridian Bank generally moves in the opposite direction as compared to the market. If Meridian Bank Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Meridian Bank is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Meridian Bank is generally in the same direction as the market. If Beta > 1 Meridian Bank moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Meridian Bank Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Meridian Bank's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Meridian Bank growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.31)

At this time, Meridian Bank's Price Earnings To Growth Ratio is quite stable compared to the past year.

Meridian Bank December 3, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Meridian Bank help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Meridian Bank. We use our internally-developed statistical techniques to arrive at the intrinsic value of Meridian Bank based on widely used predictive technical indicators. In general, we focus on analyzing Meridian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Meridian Bank's daily price indicators and compare them against related drivers.
When determining whether Meridian Bank is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Meridian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Meridian Bank Stock. Highlighted below are key reports to facilitate an investment decision about Meridian Bank Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meridian Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Meridian Stock please use our How to buy in Meridian Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meridian Bank. If investors know Meridian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meridian Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.2
Dividend Share
0.5
Earnings Share
1.01
Revenue Per Share
8.327
Quarterly Revenue Growth
0.062
The market value of Meridian Bank is measured differently than its book value, which is the value of Meridian that is recorded on the company's balance sheet. Investors also form their own opinion of Meridian Bank's value that differs from its market value or its book value, called intrinsic value, which is Meridian Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meridian Bank's market value can be influenced by many factors that don't directly affect Meridian Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meridian Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meridian Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meridian Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.