Meridian Bank (NASDAQ:MRBK) Releases Earnings Results, Misses Estimates By $0.09 EPS

23 Apr 2026, 16:12 by Scott Moore · The Cerbat Gem

Meridian Bank (NASDAQ:MRBK – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.09), FiscalAI reports. Meridian Bank had a net margin of 10.63% and a return on equity of 11.81%. The business had revenue of $30.24 million for the quarter, compared to the consensus estimate of $31.79 million.

Meridian Bank Stock Performance

Shares of Meridian Bank stock traded up $0.00 during trading on Thursday, hitting $20.20. 81,287 shares of the company’s stock were exchanged, compared to its average volume of 94,621. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.96 and a current ratio of 0.98. The business has a 50-day simple moving average of $19.55 and a 200-day simple moving average of $17.65. Meridian Bank has a 52-week low of $11.16 and a 52-week high of $21.67. The stock has a market capitalization of $239.90 million, a price-to-earnings ratio of 10.69 and a beta of 0.75.

Meridian Bank Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 9th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 2.8%. This is a boost from Meridian Bank’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend was Monday, February 9th. Meridian Bank’s dividend payout ratio is 29.63%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Meridian Bank in a research report on Friday, March 27th. Wall Street Zen cut shares of Meridian Bank from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. DA Davidson increased their target price on shares of Meridian Bank from $21.00 to $22.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Finally, Piper Sandler reissued an “overweight” rating and set a $22.00 target price (up from $20.00) on shares of Meridian Bank in a research report on Tuesday, February 3rd. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $22.00.

Get Our Latest Stock Report on MRBK

Institutional Trading of Meridian Bank

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in Meridian Bank by 26,887.5% during the second quarter. JPMorgan Chase & Co. now owns 4,318 shares of the company’s stock valued at $56,000 after buying an additional 4,302 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Meridian Bank during the second quarter valued at $64,000. BNP Paribas Financial Markets grew its position in Meridian Bank by 125.9% during the third quarter. BNP Paribas Financial Markets now owns 4,183 shares of the company’s stock valued at $66,000 after buying an additional 2,331 shares during the period. Bank of America Corp DE grew its position in Meridian Bank by 166.6% during the second quarter. Bank of America Corp DE now owns 6,103 shares of the company’s stock valued at $79,000 after buying an additional 3,814 shares during the period. Finally, New York State Common Retirement Fund acquired a new stake in Meridian Bank during the second quarter valued at $106,000. Institutional investors and hedge funds own 58.56% of the company’s stock.

About Meridian Bank

(Get Free Report)

Meridian Bank, a Pennsylvania-chartered institution founded in 1993 and headquartered in Philadelphia, operates as a full-service community bank serving the Greater Philadelphia region. As a wholly owned subsidiary of Meridian Bancorp, Inc (NASDAQ: MRBK), the bank maintains a network of branch locations complemented by online and mobile platforms to meet the evolving needs of individual and business customers.