No headlines found.
Globe Newswire (Thu, 30-Jul 4:01 PM ET)
Meridian Corp is a bank holding company based in the United States. Through its banking subsidiary, it operates as a full-service, state-chartered commercial bank providing personal and business lending and deposit services. It operates in three reportable segments, including Bank, Wealth, and Mortgage. Meridian generates maximum revenue from the Bank segment, which consists of commercial and retail banking. It generates interest income from its lending (including leasing) and investing activities and is dependent on the gathering of lower-cost deposits from its branch network or borrowed funds from other sources for funding its loans. Geographically, it operates in Pennsylvania, New Jersey, and Delaware, as well as in the Central Maryland market and southwest Florida, U.S.
Meridian trades on the NASDAQ stock market under the symbol MRBK.
As of September 9, 2026, MRBK stock price declined to $19.64 with 68,579 million shares trading.
MRBK has a beta of 0.23, meaning it tends to be less sensitive to market movements. MRBK has a correlation of 0.01 to the broad based SPY ETF.
MRBK has a market cap of $234.29 million. This is considered a Small Cap stock.
Last quarter Meridian reported $33 million in Revenue and $.48 earnings per share. This fell short of revenue expectation by $-2 million and missed earnings estimates by -$.03.
In the last 3 years, MRBK traded as high as $21.67 and as low as $8.26.
The top ETF exchange traded funds that MRBK belongs to (by Net Assets): VTI, AVUV, FSMD, VXF, DFSV.
MRBK has outperformed the market in the last year with a price return of +29.1% while the SPY ETF gained +18.7%. However, in the short term, MRBK had mixed performance relative to the market. It has underperformed in the last 3 months, returning +3.0% vs +3.4% return in SPY. But in the last 2 weeks, MRBK shares have fared better than the market returning +0.5% compared to SPY -0.5%.
MRBK support price is $19.32 and resistance is $20.06 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MRBK shares will trade within this expected range on the day.