MRBK · Meridian Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.73M | - | $1.61M | $1.49M | $1.53M | - | $1.45M | $1.24M | $1.32M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $2.59M | - | $8.67M | $7.29M | $3.15M | - | $6.25M | $4.39M | $3.55M | - |
| Interest Expense | - | - | - | - | - | - | - | - | $20.61M | - |
| Income Tax | $582.0K | - | $2.01M | $1.70M | $746.0K | - | $1.50M | $1.07M | $877.0K | - |
| Net Income | $2.01M | - | $6.66M | $5.59M | $2.40M | - | $4.74M | $3.33M | $2.68M | - |
| EPS - Basic | $0.17 | - | $0.59 | $0.50 | $0.21 | - | $0.43 | $0.30 | $0.24 | - |
| EPS - Diluted | $0.17 | - | $0.58 | $0.49 | $0.21 | - | $0.42 | $0.30 | $0.24 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | - | - | $39.99M | $50.17M | $131.22M | $27.46M | $32.35M | $24.06M | $23.03M | $56.70M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $2.58B | $2.56B | $2.54B | $2.51B | $2.53B | $2.39B | $2.39B | $2.35B | $2.29B | $2.25B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $2.38B | $2.36B | $2.35B | $2.33B | $2.36B | $2.21B | $2.22B | $2.19B | $2.13B | $2.09B |
| Stockholders' Equity | $200.22M | $199.72M | $188.03M | $178.02M | $173.57M | $171.52M | $167.45M | $162.38M | $159.94M | $158.02M |
| Retained Earnings | $128.47M | $128.12M | $122.38M | $117.13M | $112.95M | $111.96M | $107.77M | $104.42M | $102.49M | $101.22M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.86M | - | - | - | $18.12M | - | - | - | ($1.71M) | - |
| Investing Cash Flow | ($24.45M) | - | - | - | ($51.83M) | - | - | - | ($78.73M) | - |
| Financing Cash Flow | $14.08M | - | - | - | $137.48M | - | - | - | $46.76M | - |
| CapEx | $227.0K | - | - | - | $259.0K | - | - | - | $1.91M | - |
| Free Cash Flow | $2.64M | - | - | - | $17.86M | - | - | - | ($3.62M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 149.7% | - | 538.7% | 488.4% | 204.9% | - | 431.6% | 355.6% | 269.8% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 116.0% | - | 413.6% | 374.8% | 156.3% | - | 327.8% | 269.3% | 203.2% | - |
| Free cash flow margin | 152.5% | - | - | - | 1163.4% | - | - | - | -274.6% | - |
| FCF / Net income | 1.31 | - | - | - | 7.44 | - | - | - | -1.35 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 22.5% | - | 23.2% | 23.3% | 23.7% | - | 24.1% | 24.3% | 24.7% | - |
| Return on assets | 0.1% | - | 0.3% | 0.2% | 0.1% | - | 0.2% | 0.1% | 0.1% | - |
| Return on equity | 1.0% | - | 3.5% | 3.1% | 1.4% | - | 2.8% | 2.0% | 1.7% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | 0.2x | - |
| Equity multiplier | 12.87 | 12.83 | 13.51 | 14.10 | 14.57 | 13.91 | 14.26 | 14.48 | 14.34 | 14.21 |
| Liabilities / Assets | 0.92 | 0.92 | 0.93 | 0.93 | 0.93 | 0.93 | 0.93 | 0.93 | 0.93 | 0.93 |
| Efficiency | ||||||||||
| Asset turnover | 0.00 | - | 0.00 | 0.00 | 0.00 | - | 0.00 | 0.00 | 0.00 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 111.5x | - | 27.2x | 26.3x | 68.6x | - | 30.1x | 35.1x | 41.3x | - |
| P / B | 1.2x | - | 1.0x | 0.8x | 0.9x | - | 0.8x | 0.7x | 0.7x | - |
| P / S | 133.3x | - | 113.2x | 98.4x | 107.4x | - | 98.1x | 95.0x | 84.4x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 12.6% | - | 11.3% | 20.8% | 16.6% | - | 15.0% | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -17.7% | - | 38.9% | 65.9% | -11.5% | - | 19.9% | -25.6% | -30.7% | - |
| Net income growth (YoY) | -16.4% | - | 40.4% | 68.1% | -10.4% | - | 18.4% | -28.4% | -33.4% | - |
| EPS growth (YoY) | -19.0% | - | 38.1% | 63.3% | -12.5% | - | 20.0% | -26.8% | -29.4% | - |
| EPS CAGR (3y) | -20.6% | - | -15.5% | -20.1% | -38.0% | - | -34.9% | -39.1% | -47.4% | - |
| EPS CAGR (5y) | -36.5% | - | -17.4% | -12.2% | -11.6% | - | -4.2% | 1.4% | 3.7% | - |
| FCF growth (YoY) | -85.2% | - | - | - | - | - | - | - | 69.1% | - |
| FCF CAGR (5y) | -46.8% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 15.4% | 16.4% | 12.3% | 9.6% | 8.5% | 8.5% | 8.0% | 5.5% | 4.5% | 3.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$7.12M totalInvestment Advice$6.30M · 88.5%
Wire Transfer Fees ATMDebit Card Commissions And Title Fees$815.0K · 11.5%
Peer comparison
Same SIC group: National Commercial Banks
Comparing Meridian Corp against the 5 most active filers in the same SIC group.
Dividends
$0.53/share trailing 12 months · +6.0% YoY
| Ex-date | Per share |
|---|---|
| May 4, 2026 | $0.1400 |
| Feb 9, 2026 | $0.1400 |
| Nov 10, 2025 | $0.1250 |
| Aug 11, 2025 | $0.1250 |
| May 12, 2025 | $0.1250 |
| Feb 10, 2025 | $0.1250 |
| Nov 12, 2024 | $0.1250 |
| Aug 12, 2024 | $0.1250 |
| May 10, 2024 | $0.1250 |
| Feb 9, 2024 | $0.1250 |
| Nov 10, 2023 | $0.1250 |
| Aug 11, 2023 | $0.1250 |
| May 12, 2023 | $0.1250 |
| Feb 13, 2023 | $0.1250 |
| Nov 10, 2022 | $0.1000 |
| Aug 12, 2022 | $0.1000 |
| May 13, 2022 | $0.1000 |
| Feb 11, 2022 | $0.6000 |
| Nov 12, 2021 | $0.1000 |
| Aug 6, 2021 | $0.0625 |
| May 7, 2021 | $0.0625 |
| Feb 26, 2021 | $0.5000 |
| Feb 10, 2021 | $0.0625 |
| Nov 6, 2020 | $0.0625 |