Meridian Corp financial data

Symbol
MRBK on Nasdaq
Industry
National Commercial Banks
Location
9 Old Lincoln Highway, Malvern, Pennsylvania
State of incorporation
Pennsylvania
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 1.33K % +9.62%
Return On Equity 7.59 % -42.7%
Return On Assets 0.53 % -47.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 11.2M shares -1.78%
Common Stock, Shares, Outstanding 11.2M shares +0.08%
Entity Public Float 91.3M USD -41.7%
Common Stock, Value, Issued 13.2M USD +0.07%
Weighted Average Number of Shares Outstanding, Basic 11.1M shares -1.63%
Weighted Average Number of Shares Outstanding, Diluted 11.2M shares -3.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.32M USD +10.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 15.4M USD -40.7%
Income Tax Expense (Benefit) 3.5M USD -38.1%
Net Income (Loss) Attributable to Parent 11.9M USD -41.4%
Earnings Per Share, Basic 1.07 USD/shares -38.9%
Earnings Per Share, Diluted 1.06 USD/shares -37.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Deferred Income Tax Assets, Net 4.34M USD +8.02%
Property, Plant and Equipment, Net 13.5M USD +1.28%
Operating Lease, Right-of-Use Asset 9.4M USD +4.44%
Intangible Assets, Net (Excluding Goodwill) 2.92M USD -6.53%
Goodwill 899K USD 0%
Assets 2.29B USD +2.83%
Liabilities 2.13B USD +2.71%
Accumulated Other Comprehensive Income (Loss), Net of Tax -8.95M USD +9.32%
Retained Earnings (Accumulated Deficit) 102M USD +6.56%
Stockholders' Equity Attributable to Parent 160M USD +4.5%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 160M USD +4.5%
Liabilities and Equity 2.29B USD +2.83%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -1.71M USD +85%
Net Cash Provided by (Used in) Financing Activities 46.8M USD -71.8%
Net Cash Provided by (Used in) Investing Activities -78.7M USD +6.5%
Common Stock, Shares Authorized 25M shares 0%
Common Stock, Shares, Issued 13.2M shares +0.07%
Common Stock, Par or Stated Value Per Share 1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -33.7M USD -148%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 23M USD -78.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 22.6M USD +91%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 9.61M USD +1.83%
Operating Lease, Liability 9.44M USD +6.09%
Depreciation 1.6M USD +14.3%
Payments to Acquire Property, Plant, and Equipment 1.91M USD +573%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 12.8M USD -20.6%
Lessee, Operating Lease, Liability, to be Paid 10.8M USD +11.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.74M USD -0.57%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.17M USD +12.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure +38%
Deferred Income Tax Expense (Benefit) -251K USD -365%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.37M USD +66%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.65M USD +13.3%
Deferred Federal Income Tax Expense (Benefit) -217K USD -124%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.49M USD +3.97%
Operating Lease, Payments 2.13M USD -0.88%
Additional Paid in Capital 80.5M USD +1.28%
Current State and Local Tax Expense (Benefit) 364K USD -26.3%
Current Federal Tax Expense (Benefit) 3.59M USD -21.5%
Amortization of Intangible Assets 204K USD 0%
Deferred State and Local Income Tax Expense (Benefit) -17K USD -115%
Interest Expense 75M USD +150%