Meridian Corp
MRBK Nasdaq· National Commercial Banks
Last close · Oct 23, 2026
$18.72
KIRA · Stoqly’s AI analyst, in plain words
- Meridian Corp had $6.3M of revenue in fiscal 2025, up 10.1% on the year before. Over five years, revenue changed −45.9% a year on average.
- Meridian Corp made $21.8M of net profit in fiscal 2025. From fiscal 2017 to 2025, diluted EPS grew 18.4% a year.
- Meridian Corp returned $5.7M to shareholders in fiscal 2025, 25% of free cash flow. The diluted share count rose 2.6%.
- It earned 11.8% on shareholders’ money. Running costs took 1,318.9% of revenue (the efficiency ratio; lower is better).
Market cap
$228M
P/E
10.2x
Revenue
$6.3M
Net income
$21.8M
Return on equity
11.8%
Efficiency ratio
1,318.9%
Meridian Corp in 30 seconds · fiscal 2025
Are sales growing?
+10.1%
Yes. Sales grew 10.1% last year.
Does it make a profit?
345.7%
Yes. It keeps 345.7% of every sale as profit.
How lean are its costs?
1,318.9%
Costly. Running costs take 1,318.9% of revenue.
How much does it earn on its capital?
11.8%
Fair. It earns 11.8% a year on shareholders’ money.
How is the share priced?
10.2x
One share costs 10.2 times its yearly profit per share.
What Meridian Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 13, 2026
- Legal name
- Meridian Corp
- CIK
- 0001750735
Meridian Corp · MRBK
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $151M | $4.7M | $4.9M | $5.7M | $6.3M |
| Revenue growth | 11.2% | −96.9% | 4.1% | 16.4% | 10.1% |
| Net interest income | $63.1M | $70.1M | $68.9M | $71.0M | $87.7M |
| Net income | $35.6M | $21.8M | $13.2M | $16.3M | $21.8M |
| Net margin | 23.6% | 461.2% | 268.7% | 285.0% | 345.7% |
| Diluted EPS | $2.87 | $1.79 | $1.16 | $1.45 | $1.89 |
| Cash | |||||
| Cash from operations | $165M | $84.7M | $18.9M | $9.6M | $24.3M |
| Capital expenditure | $5.4M | $2.9M | $1.8M | $0.6M | $1.7M |
| Free cash flow | $160M | $81.8M | $17.0M | $9.0M | $22.6M |
| FCF margin | 105.7% | 1,727.5% | 345.6% | 157.4% | 357.3% |
| Dividends paid | $9.7M | $10.9M | $5.6M | $5.6M | $5.7M |
| Share buybacks | $3.0M | $13.0M | $4.3M | $0.0M | — |
| Share count change | 100.6% | −1.7% | −6.7% | −1.3% | 2.6% |
| Debt and strength | |||||
| Cash and short-term investments | $23.5M | $38.4M | $56.7M | $27.5M | — |
| Debt incl. finance leases | $41.3M | $122M | $141M | $98.6M | $107M |
| Loans, net | $1.4B | $1.7B | $1.9B | $2.0B | $2.1B |
| Deposits | $1.4B | $1.7B | $1.8B | $2.0B | $2.2B |
| Shareholders' equity | $165M | $153M | $158M | $172M | $200M |
| Returns and quality | |||||
| Return on equity | 23.2% | 13.7% | 8.5% | 9.9% | 11.8% |
| Return on tangible equity | 22.1% | 14.6% | 8.6% | 9.7% | 11.1% |
| Efficiency ratio | 68.6% | 1,720.8% | 1,565.0% | 1,380.1% | 1,318.9% |
| Piotroski F-score | 6 | 4 | 4 | 6 | 5 |
Insiders bought, 12 months
$0.1M
2 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Net income:
- Profit after all expenses, interest and tax.
- Efficiency ratio:
- Noninterest expense as a share of revenue. Lower is better for banks.
- Return on equity:
- Net income as a share of average shareholders' equity.
- Return on tangible equity:
- Net income to common over equity minus goodwill and intangibles.
- Diluted EPS:
- Net income per diluted share.
Meridian Corp · MRBK
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Return on equity and efficiency ratio
Loans and deposits
Dividends and buybacks
Diluted EPS
KIRA
At $18.72 a share, the company is worth $228M: 10.2 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001750735). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.