Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 203.45M | 197.37M | 168.55M | 130.44M | 159.51M | 149.57M |
Gross Profit | 106.33M | 100.94M | 94.09M | 109.36M | 150.03M | 127.61M |
EBITDA | 25.01M | 24.09M | 19.44M | 29.00M | 41.49M | 32.46M |
Net Income | 18.34M | 16.35M | 13.24M | 21.83M | 35.59M | 26.44M |
Balance Sheet | ||||||
Total Assets | 2.51B | 2.39B | 2.25B | 2.06B | 1.71B | 1.72B |
Cash, Cash Equivalents and Short-Term Investments | 208.51M | 105.67M | 202.72M | 173.74M | 182.78M | 157.75M |
Total Debt | 188.76M | 174.21M | 191.73M | 162.43M | 81.85M | 256.67M |
Total Liabilities | 2.33B | 2.21B | 2.09B | 1.91B | 1.55B | 1.58B |
Stockholders Equity | 178.02M | 171.52M | 158.02M | 153.28M | 165.36M | 141.62M |
Cash Flow | ||||||
Free Cash Flow | 37.09M | 9.03M | 17.03M | 81.76M | 159.75M | -159.21M |
Operating Cash Flow | 36.58M | 9.60M | 18.85M | 84.67M | 165.12M | -158.47M |
Investing Cash Flow | -152.21M | -165.00M | -164.19M | -393.15M | -140.51M | -370.70M |
Financing Cash Flow | 141.74M | 126.16M | 163.64M | 323.39M | -37.87M | 526.54M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
79 Outperform | $176.02M | 12.91 | 7.60% | 4.08% | 6.86% | 44.24% | |
79 Outperform | $171.48M | 10.09 | 12.69% | 3.03% | 6.08% | 4.61% | |
78 Outperform | $166.39M | 16.19 | 5.31% | ― | 5.08% | -12.60% | |
77 Outperform | $154.18M | 9.49 | 11.80% | 3.10% | 14.58% | 43.66% | |
75 Outperform | $177.54M | 11.04 | 9.64% | 3.18% | 12.41% | 34.20% | |
72 Outperform | $208.43M | 14.26 | 9.88% | 2.80% | 15.18% | 5.13% | |
68 Neutral | $17.88B | 11.66 | 10.24% | 3.76% | 9.66% | 1.70% |
On July 28, 2025, Meridian Corporation released its earnings for the second quarter of 2025, showing significant growth in net income and earnings per share compared to the same period in 2024. The bank reported a net income of $5.592 million, up from $3.326 million, and a diluted earnings per share of $0.49, an increase from $0.30. The financial results indicate a strong performance in net interest income and non-interest income, with notable contributions from mortgage banking and SBA income. Additionally, the bank’s strategic focus on deposit repricing has improved its net interest margin, reflecting its ability to adapt to changing market conditions.
On July 24, 2025, Meridian Corporation announced a quarterly cash dividend of $0.125 per common share, payable on August 18, 2025. The company reported a significant increase in net income for the second quarter of 2025, reaching $5.6 million, a 133% rise from the previous quarter. This growth was attributed to improved margins, SBA loan sales, and seasonal mortgage activity. Despite challenges in the mortgage sector due to limited housing inventory, Meridian’s overall performance was strong, with a focus on reducing nonperforming loans and expanding market penetration.