Meridian Bank (Malvern, Pennsylvania) Share News

Often when investors choose dividend stocks as part of their portfolio, the aim is to generate more money through the quarterly dividend. They can then either take a cash payout or reinvest the dividend to purchase more of that specific stock thereby increasing its dollar value.

MALVERN, Pa., May 08, 2024 (GLOBE NEWSWIRE) -- Meridian Bank announced the appointment of Christopher E. McDermott to the position of Senior Vice President, Commercial Lending. He'll join other members of the Meridian Commercial Lending Team in serving business customers in Bucks and Montgomery Counties.

MALVERN, Pa., April 26, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:   Three Months Ended   (Dollars in thousands, except per share data)((Unaudited) March 31, 2024   December 31, 2023   March 31, 2023   Income:             Net income $ 2,676   $ 571   $ 4,021   Diluted earnings per common share $ 0.24   $ 0.05   $ 0.34   Pre-tax, pre-provision income (1) $ 6,419...

MALVERN, Pa., April 15, 2024 (GLOBE NEWSWIRE) -- Meridian Bank announced the appointment of Patrick Hart to the position of Senior Vice President, Commercial Lending. As part of the bank's Chester County team, he'll partner with commercial and industrial organizations throughout that community.

Banking crises may seem catastrophic when they hit the news cycle but they have become common in the 21st Century. As significant disruptions to the financial system, these failures are characterized by a loss of banking confidence and decreasing earnings.

MALVERN, Pa., Jan. 26, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:   Three Months Ended   Year Ended (Dollars in thousands, except per share data)((Unaudited) December 31, 2023   September 30, 2023   December 31, 2023   December 31, 2022 Income:               Net income $ 571     $ 4,005     $ 13,243     $ 21,829   Diluted earnings per common share $ 0.05     $ ...

Meridian Corporation is a small regional bank with potential for growth and it offers banking services and wealth management solutions. The bank has shown mixed financial performance, with net interest income growing but non-interest income declining. Despite weaknesses, Meridian has seen growth in assets, deposits, and book value, making it a solid investment opportunity.

MALVERN, Pa., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Meridian Bank (Nasdaq: MRBK) has been ranked a top lender in the Small Business Administration's Eastern Pennsylvania District.