MRBK Stock Summary and Trading Ideas (Meridian | NASDAQ:MRBK)

Meridian Corp is a full-service, state-chartered commercial bank providing personal, business lending, and deposit services. It operates in three business segments including Bank, Wealth, and Mortgage. It generates maximum revenue from the Bank segment that 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, resulting in the generation of net interest income, and other sources.

Meridian trades on the NASDAQ stock market under the symbol MRBK.

As of March 4, 2025, MRBK stock price declined to $14.91 with 88,016 million shares trading.

MRBK has a beta of 1.05, meaning it tends to be more sensitive to market movements. MRBK has a correlation of 0.14 to the broad based SPY ETF.

MRBK has a market cap of $167.42 million. This is considered a Micro Cap stock.

Last quarter Meridian reported $33 million in Revenue and $.49 earnings per share. This beat revenue expectation by $6 million and exceeded earnings estimates by $.15.

In the last 3 years, MRBK traded as high as $17.33 and as low as $6.67.

The top ETF exchange traded funds that MRBK belongs to (by Net Assets): VTI, VXF, IWC, DFAC, DFAT.

MRBK has outperformed the market in the last year with a return of +60.6%, while the SPY ETF gained +13.9%. However, in the most recent history, MRBK shares have underperformed the stock market with its stock returning -12.0% in the last 3 month period and -11.1% for the last 2 week period, while SPY has returned -4.2% and -5.4%, respectively.

MRBK support price is $14.83 and resistance is $15.73 (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.