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Meridian Corp

MRBK

$19.69 ▼ -0.04 (-0.18%) at close

9 Visible periods

36 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Good

Bullish

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Analytical Summary

Meridian Corp shows strong fundamentals with top-quartile Profit Margin (%) and Operating Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $223.0M

Dividend Yield 2.54%

Revenue Growth 12.9% ↗

Op. Margin 22.4% ↗

ROIC None

FCF / Share None

Trailing P/E 10.2x

Price / Book 1.2x

FCF Yield —

Debt / Equity 0.53

info Valuation on last close. End-of-day price, Aug 7, 2026.

9-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$126.86M

↑ +12.9% —

Net Income Profit after all expenses

$21.84M

↑ +33.6% —

Operating Margin Operating profit as % of sales

22.4%

↑ +15.4% 78th

Long-Term Debt Long-term obligations

$0.00

↓ -100.0% —

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Bullish Indicators

Operating Margin (%)Operating Margin (%) is in the top quartile
Profit Margin (%)Profit Margin (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability ↓

Returns ↓

Financial Health ↑

Dividend History

Dividend / share · sourced from SEC filings

$0.50 Latest / share

+0.0% YoY

+32.0% 6-yr CAGR

FY 2017

FY 2018

FY 2019

$0.12

FY 2020

$0.79

FY 2021

$0.90

FY 2022

$0.50

FY 2023

$0.50

FY 2024

$0.50

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Revenue Growth YoY (%)	12.9% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+115%)	11.3% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+89%)	-9.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-263%)	-26.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-533%)	11.2% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+86%)	95.7% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1496%)	6.8% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+13%)	-1.0% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-116%)	—
EPS Growth YoY (%)	31.3% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	23.5% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	-35.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-37.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	37.0% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	163.4% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	28.1% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	156.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—
Net Income Growth YoY (%)	33.6% Excellent ↑ Excellent Improving Year-over-year change in net income	23.4% Good ↑ Good Improving Year-over-year change in net income	-39.3% Weak ↓ Weak Declining Year-over-year change in net income	-38.7% Weak ↓ Weak Declining Year-over-year change in net income	34.6% Excellent ↓ Excellent Declining Year-over-year change in net income	152.2% Excellent ↑ Excellent Improving Year-over-year change in net income	28.4% Excellent Excellent Year-over-year change in net income	169.2% Excellent Excellent Year-over-year change in net income	—
FCF Growth YoY (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Revenue CAGR 3Y (%)	4.3% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	-9.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-9.5% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	17.2% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	32.5% Excellent Excellent Compound annual revenue growth over 3 years	27.5% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—
Revenue CAGR 5Y (%)	-1.4% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	10.1% Good → Good Stable Compound annual revenue growth over 5 years	9.2% Good Good Compound annual revenue growth over 5 years	11.2% Good Good Compound annual revenue growth over 5 years	—	—	—	—	—
EPS CAGR 3Y (%)	1.4% Caution ↑ Caution Improving Compound annual EPS growth over 3 years	-20.8% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-18.0% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	31.2% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	66.6% Excellent Excellent Compound annual EPS growth over 3 years	105.2% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Operating Margin (%) (%)	22.4% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-10%)	19.4% Good ↓ Good Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-22%)	16.8% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-33%)	25.0% Good → Good Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	30.6% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+23%)	25.4% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	19.5% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-22%)	16.1% Fair Fair Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-35%)	8.8% Caution Caution Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-65%)
Effective Tax Rate (%) (%)	23.1% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	25.0% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.9% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.8% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.1% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.4% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	22.4% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	22.2% Fair Fair Actual taxes paid relative to pre-tax income Optimal: 15-25%	47.6% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%
Profit Margin (%) (%)	17.2% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-22%)	14.6% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-34%)	13.1% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-40%)	19.5% Good → Good Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-11%)	23.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+7%)	19.5% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-12%)	15.1% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-31%)	12.6% Fair Fair Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-43%)	4.6% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-79%)
FCF Margin (%) (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF / Net Income (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Return on Invested Capital (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Capital (%) (%)	0.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	0.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	2.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.5% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.8% Weak Weak Operating profit relative to total assets Optimal: > 10%	0.4% Weak Weak Operating profit relative to total assets Optimal: > 10%
Return on Common Equity (%) (%)	10.9% Fair → Fair Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-9%)	9.5% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-21%)	8.4% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-30%)	14.2% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+19%)	21.5% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+79%)	18.7% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+56%)	8.7% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-28%)	7.5% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-38%)	3.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-75%)

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Debt to Equity (x)	0.53x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-55%)	0.58x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-52%)	0.89x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-26%)	0.74x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-38%)	0.25x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-79%)	0.75x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-37%)	1.02x Caution → Caution Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-15%)	1.04x Caution Caution Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-13%)	1.07x Caution Caution Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-11%)
Interest Coverage (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Debt (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt / EBITDA (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Revenue per Share (USD)	$11.20	$10.11	$9.08	$9.49	$12.55	$11.10	$5.42	$5.08	—
Basic EPS, GAAP (USD)	$1.93	$1.47	$1.19	$1.85	$2.96	$2.16	$0.82	$0.64	$0.25
Free Cash Flow per Share (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend per Share (USD)	$0.50	$0.50	$0.50	$0.90	$0.79	$0.12	—	—	—
Book Value per Share (USD)	$16.89	$15.26	$14.13	$13.37	$13.54	$11.57	$9.42	$8.55	$7.93
Tangible Book Value per Share (USD)	$16.59	$14.93	$13.78	$13.01	$13.19	$11.20	$9.05	$8.16	$7.93
Basic Weighted Avg Shares (shares)	11.33M	11.11M	11.12M	11.79M	12.04M	12.24M	12.81M	12.79M	7,486
Dividend Payout Ratio (%)	25.9% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	34.0% Good ↓ Good Declining Dividends paid as a percentage of earnings Optimal: 30-60%	42.0% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	48.6% Good Good Dividends paid as a percentage of earnings Optimal: 30-60%	26.7% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Working Capital (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
LT Debt (USD)	—	—	—	—	$0.00	—	—	—	$8.86M
Total Equity (USD)	$199.72M	$171.52M	$158.02M	$153.28M	$165.36M	$141.62M	$120.69M	$109.55M	$101.36M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Sales/Revenue/Turnover (USD)	$126.86M	$112.33M	$100.91M	$111.85M	$151.10M	$135.91M	$69.43M	$65.01M	$65.64M
Depreciation Expense (USD)	$1.40M	$2.00M	$1.60M	$1.40M	$1.30M	$1.60M	$1.69M	$1.42M	$963.00K
Net Income, GAAP (USD)	$21.84M	$16.35M	$13.24M	$21.83M	$35.59M	$26.44M	$10.48M	$8.16M	$3.03M
Operating Cash Flow (USD)	$24.30M	$9.60M	$18.85M	$84.67M	$165.12M	$-158.14M	$21.57M	$11.03M	$10.48M

🏛️ Sector-Specific 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗
Net Interest Margin (approx.) (%)	3.4%	3.0%	3.1%	3.4%	3.7%	2.8%	3.2%	3.3%	3.4%
Efficiency Ratio (%) (%)	65.7%	70.5%	76.4%	72.8%	68.6%	68.5%	79.2%	81.4%	87.9%

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 9 years · 35 quarters

Meridian Corp

Analytical Summary

9-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Dividend History

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