Meridian Bank (Malvern, Pennsylvania) Stock News

Meridian's balance sheet and earnings have shown strong growth, with deposits and loan books expanding and net income rising significantly year-over-year. Asset quality has improved to a satisfactory level, though some non-performing loan metrics remain elevated and warrant ongoing attention for risk. The stock remains attractively valued, trading at a low P/E multiple compared to peers, and ha...

MALVERN, Pa., July 24, 2025 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:   Three Months Ended (Dollars in thousands, except per share data) (Unaudited) June 30,  2025   March 31,  2025   June 30,  2024 Income:           Net income $ 5,592   $ 2,399   $ 3,326 Diluted earnings per common share   0.49     0.21     0.30 Pre-provision net revenue (PPNR) (1)   11,090     8,...

Meridian Corporation remains cheap on valuation and continues to grow its balance sheet, but asset quality concerns persist, justifying my 'hold' rating. Deposit growth is solid, and uninsured deposit exposure is below my risk threshold, but high-brokered deposit levels warrant caution. Loan growth is healthy with minimal office exposure, but profitability metrics like return on assets and equi...

The apparent weakness in the housing market will keep mortgage banking income low. I've reduced my EPS estimate because I've slashed my mortgage banking income estimate. The net interest margin will likely continue to expand, as asset yields will likely be stickier than funding costs. Further, a sizable balance of CDs will roll over soon.

WILMINGTON, DELAWARE / ACCESS Newswire / June 9, 2025 / Meridian Bank announced it will be the exclusive Platinum Sponsor of the Delaware State Housing Authority (DSHA) Homebuyers Fair "Destination Homeownership," to be held at the University of Delaware's Clayton Hall Conference Center, 100 Hollowell Dr., Newark, DE, on June 21, 2025, from 9:00am-3:00pm. "Destination Homeownership" is designed...

MALVERN, Pa., April 25, 2025 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:   Three Months Ended (Dollars in thousands, except per share data)((Unaudited) March 31, 2025   December 31, 2024   March 31, 2024 Income:           Net income $ 2,399   $ 5,600   $ 2,676 Diluted earnings per common share $ 0.21   $ 0.49   $ 0.24 Pre-provision net revenue (PPNR) (1) $ 8,357   $ ...