Meridian Historical Income Statement

MRBK Stock

USD 17.09 0.01 0.06%

Historical analysis of Meridian Bank income statement accounts such as Other Operating Expenses of 70 M can show how well Meridian Bank performed in making a profits. Evaluating Meridian Bank income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Meridian Bank's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Meridian Bank latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Meridian Bank is a good buy for the upcoming year.

Net Income Gross Profit

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.

About Meridian Income Statement Analysis

Meridian Bank Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Meridian Bank shareholders. The income statement also shows Meridian investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Meridian Bank Income Statement Chart

At this time, Meridian Bank's Income Before Tax is quite stable compared to the past year. Income Tax Expense is expected to rise to about 4.5 M this year, although the value of Operating Income will most likely fall to about 22.6 M.

Total Revenue Operating Income Income Before Tax Net Income

Total Revenue

Total revenue comprises all receipts Meridian Bank generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Operating Income

Operating Income is the amount of profit realized from Meridian Bank operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Meridian Bank is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Meridian Bank income statement and is an important metric when analyzing Meridian Bank profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Meridian Bank financial statement analysis. It represents the amount of money remaining after all of Meridian Bank operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most accounts from Meridian Bank's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Meridian Bank current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, Meridian Bank's Income Before Tax is quite stable compared to the past year. Income Tax Expense is expected to rise to about 4.5 M this year, although the value of Operating Income will most likely fall to about 22.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	151.1M	111.9M	94.1M	83.9M
Total Revenue	151.1M	111.9M	94.1M	83.9M

Gross Profit Total Revenue

Meridian Bank income statement Correlations

	Depreciation And Amortization	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Net Income	Income Tax Expense	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Net Income From Continuing Ops	Total Other Income Expense Net	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.82	0.82	-0.33	0.78	0.77	0.73	-0.57	0.7	0.7	0.7	0.48	0.96	0.62	0.71	-0.39	0.57	0.69	0.61	-0.34	0.28
Total Revenue	0.82		1.0	-0.7	0.95	0.87	0.89	-0.51	0.96	0.96	0.95	0.37	0.94	0.81	0.96	-0.43	0.9	0.85	0.7	-0.62	0.2
Gross Profit	0.82	1.0		-0.7	0.95	0.87	0.89	-0.51	0.96	0.96	0.95	0.37	0.94	0.81	0.96	-0.43	0.9	0.85	0.7	-0.62	0.2
Other Operating Expenses	-0.33	-0.7	-0.7		-0.6	-0.53	-0.52	0.65	-0.81	-0.8	-0.83	0.28	-0.52	-0.35	-0.75	0.08	-0.84	-0.35	-0.13	0.94	0.34
Operating Income	0.78	0.95	0.95	-0.6		0.96	0.93	-0.39	0.92	0.93	0.89	0.37	0.88	0.89	0.93	-0.58	0.83	0.9	0.74	-0.51	0.19
Ebit	0.77	0.87	0.87	-0.53	0.96		0.89	-0.43	0.84	0.84	0.8	0.31	0.85	0.83	0.83	-0.61	0.71	0.82	0.64	-0.41	0.07
Ebitda	0.73	0.89	0.89	-0.52	0.93	0.89		-0.39	0.84	0.85	0.82	0.3	0.83	0.81	0.84	-0.56	0.74	0.8	0.62	-0.45	0.08
Total Operating Expenses	-0.57	-0.51	-0.51	0.65	-0.39	-0.43	-0.39		-0.5	-0.49	-0.55	0.41	-0.58	-0.05	-0.42	-0.09	-0.4	-0.06	0.1	0.71	0.53
Income Before Tax	0.7	0.96	0.96	-0.81	0.92	0.84	0.84	-0.5		1.0	0.99	0.24	0.84	0.77	0.99	-0.31	0.97	0.79	0.6	-0.74	0.08
Net Income	0.7	0.96	0.96	-0.8	0.93	0.84	0.85	-0.49	1.0		0.98	0.25	0.84	0.79	0.99	-0.31	0.96	0.8	0.61	-0.72	0.09
Income Tax Expense	0.7	0.95	0.95	-0.83	0.89	0.8	0.82	-0.55	0.99	0.98		0.19	0.84	0.7	0.97	-0.31	0.97	0.73	0.52	-0.79	0.03
Interest Expense	0.48	0.37	0.37	0.28	0.37	0.31	0.3	0.41	0.24	0.25	0.19		0.44	0.56	0.35	-0.4	0.22	0.64	0.77	0.38	0.91
Selling General Administrative	0.96	0.94	0.94	-0.52	0.88	0.85	0.83	-0.58	0.84	0.84	0.84	0.44		0.71	0.84	-0.46	0.74	0.77	0.66	-0.48	0.24
Selling And Marketing Expenses	0.62	0.81	0.81	-0.35	0.89	0.83	0.81	-0.05	0.77	0.79	0.7	0.56	0.71		0.82	-0.53	0.7	0.98	0.89	-0.24	0.44
Net Income From Continuing Ops	0.71	0.96	0.96	-0.75	0.93	0.83	0.84	-0.42	0.99	0.99	0.97	0.35	0.84	0.82		-0.34	0.96	0.85	0.69	-0.67	0.2
Total Other Income Expense Net	-0.39	-0.43	-0.43	0.08	-0.58	-0.61	-0.56	-0.09	-0.31	-0.31	-0.31	-0.4	-0.46	-0.53	-0.34		-0.27	-0.54	-0.49	-0.03	-0.33
Tax Provision	0.57	0.9	0.9	-0.84	0.83	0.71	0.74	-0.4	0.97	0.96	0.97	0.22	0.74	0.7	0.96	-0.27		0.72	0.53	-0.78	0.1
Net Interest Income	0.69	0.85	0.85	-0.35	0.9	0.82	0.8	-0.06	0.79	0.8	0.73	0.64	0.77	0.98	0.85	-0.54	0.72		0.95	-0.23	0.54
Interest Income	0.61	0.7	0.7	-0.13	0.74	0.64	0.62	0.1	0.6	0.61	0.52	0.77	0.66	0.89	0.69	-0.49	0.53	0.95		-0.01	0.74
Reconciled Depreciation	-0.34	-0.62	-0.62	0.94	-0.51	-0.41	-0.45	0.71	-0.74	-0.72	-0.79	0.38	-0.48	-0.24	-0.67	-0.03	-0.78	-0.23	-0.01		0.41
Extraordinary Items	0.28	0.2	0.2	0.34	0.19	0.07	0.08	0.53	0.08	0.09	0.03	0.91	0.24	0.44	0.2	-0.33	0.1	0.54	0.74	0.41

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Meridian Bank Account Relationship Matchups

Meridian Bank income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.7M	2.9M	6.4M	1.4M	2.5M	2.6M
Total Revenue	66.9M	134.1M	151.1M	111.9M	94.1M	83.9M
Gross Profit	66.9M	134.1M	151.1M	111.9M	94.1M	83.9M
Other Operating Expenses	53.3M	(99.6M)	(104.8M)	8.0M	66.7M	70.0M
Operating Income	13.5M	34.5M	46.3M	45.4M	27.4M	22.6M
Ebit	13.5M	29.6M	35.1M	45.1M	17.0M	20.7M
Ebitda	15.2M	32.5M	41.5M	46.5M	19.4M	24.3M
Total Operating Expenses	(53.3M)	(99.6M)	(104.8M)	8.0M	66.7M	70.0M
Income Before Tax	13.5M	34.5M	46.3M	27.9M	17.0M	17.5M
Net Income	10.5M	26.4M	35.6M	21.8M	13.2M	13.0M
Income Tax Expense	3.0M	8.1M	10.7M	6.1M	3.7M	4.5M
Interest Expense	16.5M	13.7M	8.4M	18.6M	67.6M	71.0M
Selling General Administrative	35.8M	72.1M	78.9M	54.4M	50.3M	48.9M
Selling And Marketing Expenses	2.5M	2.9M	3.7M	4.3M	3.7M	2.9M
Net Income From Continuing Ops	10.5M	26.4M	35.6M	21.8M	17.2M	15.2M
Total Other Income Expense Net	13.5M	(7.2M)	(3.6M)	(17.5M)	(10.4M)	(9.9M)
Net Income Applicable To Common Shares	10.5M	26.4M	35.6M	21.8M	25.1M	14.4M
Tax Provision	3.0M	8.1M	10.7M	6.1M	4.7M	5.3M
Net Interest Income	36.3M	49.0M	63.1M	70.1M	70.5M	48.9M
Interest Income	52.9M	62.7M	71.5M	88.7M	128.0M	66.3M
Reconciled Depreciation	1.7M	(2.1M)	(4.8M)	1.1M	2.6M	2.7M

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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:

How To Invest In Meridian

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Is Meridian Stock a good investment?

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What is Meridian Bank's Net Worth?

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Largest Regional Banks Companies

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Largest Banks - Regional Companies

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For more information on how to buy Meridian Stock please use our How to buy in Meridian Stock guide.

You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Meridian Historical Income Statement

About Meridian Income Statement Analysis

Meridian Bank Income Statement Chart

Total Revenue

Operating Income

Income Before Tax

Net Income

Meridian Bank income statement Correlations

Meridian Bank Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Meridian Bank income statement Accounts

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Gross Profit	+ 1.0	Total Revenue
Net Income	+ 1.0	Income Before Tax
Income Tax Expense	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.99	Net Income
Income Tax Expense	+ 0.98	Net Income

Tax Provision	- 0.84	Other Operating Expenses
Income Tax Expense	- 0.83	Other Operating Expenses
Income Before Tax	- 0.81	Other Operating Expenses
Net Income	- 0.8	Other Operating Expenses
Reconciled Depreciation	- 0.79	Income Tax Expense
Reconciled Depreciation	- 0.78	Tax Provision