MRBK Meridian Corp

  1. Stocks
  2. Financial Services
  3. NASDAQ: MRBK

Price (delayed)

$13.15

Market cap

$146.99M

P/E Ratio

8.54

Dividend/share

$0.5

EPS

$1.54

Enterprise value

$315.27M

Meridian is an innovative and entrepreneurial community bank serving businesses, individuals and entrepreneurs in PA, NJ, DE and MD. Meridian's specialties includea robust business banking platform, commercial and consumer real ...

Highlights
The debt has declined by 3% since the previous quarter
The equity has grown by 2.6% YoY
The net income has contracted by 31% YoY and by 9% from the previous quarter
The EPS has declined by 26% year-on-year and by 8% since the previous quarter
Sector: Financial Services
Industry: Banks - Regional
Website: http://meridianbanker.com
Peers: NIC NKSH

Key stats

What are the main financial stats of MRBK
Market
Shares outstanding
11.18M
Market cap
$146.99M
Enterprise value
$315.27M
Valuations
Price to earnings (P/E)
8.54
Price to book (P/B)
0.95
Price to sales (P/S)
1.46
EV/EBIT
14.35
EV/EBITDA
14.21
EV/Sales
3.17
Earnings
Revenue
$99.43M
EBIT
$21.96M
EBITDA
$22.19M
Free cash flow
$30.04M
Per share
EPS
$1.54
Free cash flow per share
$2.72
Book value per share
$13.88
Revenue per share
$8.99
TBVPS
$200.33
Balance sheet
Total assets
$2.23B
Total liabilities
$2.08B
Debt
$228.04M
Equity
$155.11M
Working capital
N/A
Liquidity
Debt to equity
1.47
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
7.58
Margins
EBITDA margin
22.3%
Gross margin
100%
Net margin
17.3%
Operating margin
22.1%
Efficiency
Return on assets
0.8%
Return on equity
11.2%
Return on invested capital
0.9%
Return on capital employed
N/A
Return on sales
22.1%
Dividend
Dividend yield
3.8%
DPS
$0.5
Payout ratio
32.5%

MRBK stock price

How has the Meridian stock price performed over time
Intraday
0%
1 week
2.33%
1 month
37.55%
1 year
-22.92%
YTD
-13.17%
QTD
34.25%

Financial performance

How have Meridian's revenue and profit performed over time
Revenue
$99.43M
Gross profit
$99.43M
Operating income
$21.96M
Net income
$17.23M
Gross margin
100%
Net margin
17.3%
The operating income has contracted by 32% YoY and by 9% from the previous quarter
The net income has contracted by 31% YoY and by 9% from the previous quarter
Meridian's operating margin has decreased by 19% YoY and by 7% QoQ
The net margin has declined by 19% year-on-year and by 7% since the previous quarter

Growth

What is Meridian's growth rate over time

Valuation

What is Meridian stock price valuation
P/E
8.54
P/B
0.95
P/S
1.46
EV/EBIT
14.35
EV/EBITDA
14.21
EV/Sales
3.17
The EPS has declined by 26% year-on-year and by 8% since the previous quarter
MRBK's price to earnings (P/E) is 24% more than its last 4 quarters average of 6.9 and 11% more than its 5-year quarterly average of 7.7
The stock's P/B is 6% more than its last 4 quarters average of 0.9 but 5% less than its 5-year quarterly average of 1.0
The equity has grown by 2.6% YoY
Meridian's revenue has decreased by 15% YoY and by 2.4% QoQ
MRBK's P/S is 12% above its last 4 quarters average of 1.3 and 4.3% above its 5-year quarterly average of 1.4

Efficiency

How efficient is Meridian business performance
The return on invested capital has declined by 47% year-on-year and by 18% since the previous quarter
The ROA is down by 43% year-on-year and by 11% since the previous quarter
MRBK's ROE is down by 30% YoY and by 10% from the previous quarter
The return on sales has declined by 19% year-on-year and by 7% since the previous quarter

Dividends

What is MRBK's dividend history
Dividend details
DPS
$0.5
Dividend yield
3.8%
Payout ratio
32.5%
Recent dividends

Financial health

How did Meridian financials performed over time
The total assets is 7% more than the total liabilities
Meridian's total liabilities has increased by 17% YoY
The total assets has grown by 16% YoY
The debt is 47% greater than the equity
MRBK's debt to equity is down by 3.9% since the previous quarter
The debt has declined by 3% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.