Meridian Financial Statements From 2010 to 2025

MRBK Stock  USD 13.91  0.01  0.07%   
Meridian Bank financial statements provide useful quarterly and yearly information to potential Meridian Bank investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Meridian Bank financial statements helps investors assess Meridian Bank's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Meridian Bank's valuation are summarized below:
Gross Profit
100.9 M
Profit Margin
0.1619
Market Capitalization
156.2 M
Enterprise Value Revenue
3.05
Revenue
100.9 M
There are currently one hundred twenty fundamental ratios for Meridian Bank that can be evaluated and compared over time across peers in the industry. We recommend to check Meridian Bank's last-minute fundamental drivers against the all of the trends between 2010 and 2025. The value of Market Cap is estimated to slide to about 34.1 M

Meridian Bank Total Revenue

83.86 Million

Check Meridian Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meridian Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3 M, Total Revenue of 83.9 M or Gross Profit of 83.9 M, as well as many indicators such as Price To Sales Ratio of 1.05, Dividend Yield of 0.0252 or PTB Ratio of 0.66. Meridian financial statements analysis is a perfect complement when working with Meridian Bank Valuation or Volatility modules.
  
Check out the analysis of Meridian Bank Correlation against competitors.
For more information on how to buy Meridian Stock please use our How to buy in Meridian Stock guide.

Meridian Bank Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding10 M13.1 M8.5 M
Slightly volatile
Total Assets1.4 B2.6 B1.2 B
Slightly volatile
Total Current Liabilities8.8 M9.3 M194.1 M
Slightly volatile
Total Stockholder Equity233.7 M181.7 M170 M
Slightly volatile
Other Liabilities11.4 M21.7 M10.7 M
Slightly volatile
Net Tangible Assets110.7 M171.6 M94.9 M
Slightly volatile
Property Plant And Equipment Net27.2 M25.9 M11.1 M
Slightly volatile
Accounts Payable8.8 M9.3 M146.7 M
Slightly volatile
Cash68.5 M65.2 M29.2 M
Slightly volatile
Non Current Assets Total2.6 B2.5 B513.1 M
Slightly volatile
Long Term Debt74.2 M57.3 M67.4 M
Pretty Stable
Cash And Short Term Investments100.9 M65.2 M70.3 M
Slightly volatile
Non Current Liabilities Total2.5 B2.4 B503.6 M
Slightly volatile
Other Current Assets57.9 M61 M140 M
Very volatile
Total Liabilities2.5 B2.4 B958 M
Slightly volatile
Long Term Investments106.5 M211.5 M88.1 M
Slightly volatile
Short and Long Term Debt117.6 M140.4 M101.9 M
Slightly volatile
Total Current Assets303.6 M211.5 M207.2 M
Slightly volatile
Short Term Debt111.2 M164.9 M97.5 M
Slightly volatile
Common Stock8.3 M11.9 M19 M
Slightly volatile
Property Plant Equipment9.9 M15.4 M8.8 M
Slightly volatile
Short and Long Term Debt Total54.4 M57.3 M115.4 M
Very volatile
Retained Earnings122.2 M116.4 M46.6 M
Slightly volatile
Net Receivables153.7 M146.3 M37.5 M
Slightly volatile
Common Stock Total Equity31.9 M30.4 M12.9 M
Slightly volatile
Short Term Investments94.5 M167.9 M72.2 M
Slightly volatile
Long Term Debt Total49.5 M47.1 M26.1 M
Slightly volatile
Liabilities And Stockholders Equity1.5 B2.6 B1.2 B
Slightly volatile
Capital Surpluse66.9 M92.2 M56.6 M
Slightly volatile
Other Stockholder Equity68.4 M61 M50.7 M
Slightly volatile
Property Plant And Equipment Gross33 M31.4 M13.9 M
Slightly volatile
Earning Assets76.5 M114.7 M72.6 M
Slightly volatile
Preferred Stock Total Equity10.3 M11.6 M12.6 M
Slightly volatile
Good Will719.2 K809.1 K882.1 K
Slightly volatile
Net Invested Capital189.5 M187.1 M224.9 M
Very volatile
Intangible Assets3.4 M2.7 M4.2 M
Slightly volatile
Capital Stock8.4 M15.2 M7.5 M
Slightly volatile

Meridian Bank Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue83.9 M108.2 M73.2 M
Slightly volatile
Gross Profit83.9 M108.2 M73.2 M
Slightly volatile
Other Operating Expenses55.9 M76.7 M49.7 M
Slightly volatile
Operating Income22.6 M31.5 M19.6 M
Slightly volatile
Income Before Tax17.5 M19.5 M15 M
Slightly volatile
Net Income13 M15.2 M11.2 M
Slightly volatile
Income Tax Expense4.5 M4.3 M3.8 M
Slightly volatile
Selling General Administrative48.9 M57.9 M35 M
Slightly volatile
Selling And Marketing Expenses2.9 M4.3 M2.6 M
Slightly volatile
Net Income From Continuing Ops15.2 M19.8 M11.9 M
Slightly volatile
Net Income Applicable To Common Shares14.4 M25.1 M12.3 M
Slightly volatile
Tax Provision5.3 M5.4 M4.4 M
Slightly volatile
Net Interest Income48.9 M81.1 M40.4 M
Slightly volatile
Interest Income154.6 M147.2 M61.5 M
Slightly volatile

Meridian Bank Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Income13 M15.2 M11.2 M
Slightly volatile
Dividends Paid3.7 M6.5 MM
Slightly volatile
End Period Cash Flow33.3 M65.2 M27.6 M
Slightly volatile
Stock Based Compensation733.3 K1.3 M517.3 K
Slightly volatile
Begin Period Cash Flow30 M44.1 M23.2 M
Slightly volatile
Change To Inventory48.9 M33.7 M58.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.051.481.2617
Slightly volatile
Dividend Yield0.02520.03270.0269
Slightly volatile
PTB Ratio0.660.880.8172
Very volatile
Days Sales Outstanding466444123
Slightly volatile
Book Value Per Share17.0612.817.375
Pretty Stable
Stock Based Compensation To Revenue0.01180.01120.0053
Slightly volatile
PB Ratio0.660.880.8172
Very volatile
EV To Sales2.011.412.1086
Slightly volatile
ROIC0.00780.00820.0381
Pretty Stable
Net Income Per Share1.021.071.2074
Slightly volatile
Sales General And Administrative To Revenue0.420.480.393
Slightly volatile
Capex To Revenue0.02990.02230.0262
Very volatile
Cash Per Share9.1816.4110.9285
Slightly volatile
Interest Coverage0.440.472.3229
Slightly volatile
Payout Ratio0.230.380.2291
Slightly volatile
ROE0.07340.07540.0905
Very volatile
PE Ratio11.8713.4210.6414
Very volatile
Return On Tangible Assets0.00780.00530.0088
Pretty Stable
Earnings Yield0.0880.07710.1081
Very volatile
Intangibles To Total Assets0.00190.0020.0337
Slightly volatile
Net Debt To EBITDA6.788.097.6206
Slightly volatile
Current Ratio15.2316.04561
Pretty Stable
Tangible Book Value Per Share15.7912.4816.3837
Pretty Stable
Receivables Turnover0.810.8511.7389
Slightly volatile
Graham Number19.3417.5721.61
Pretty Stable
Shareholders Equity Per Share17.0612.817.375
Pretty Stable
Debt To Equity0.340.361.2012
Slightly volatile
Capex Per Share0.30.190.2718
Pretty Stable
Revenue Per Share7.267.628.8178
Very volatile
Interest Debt Per Share18.3412.1618.1798
Slightly volatile
Debt To Assets0.02420.02550.1056
Slightly volatile
Enterprise Value Over EBITDA12.6316.1913.9591
Slightly volatile
Price Earnings Ratio11.8713.4210.6414
Very volatile
Operating Cycle466444123
Slightly volatile
Price Book Value Ratio0.660.880.8172
Very volatile
Dividend Payout Ratio0.230.380.2291
Slightly volatile
Pretax Profit Margin0.150.160.182
Pretty Stable
Ebt Per Ebit0.630.710.624
Pretty Stable
Operating Profit Margin0.20.260.237
Slightly volatile
Effective Tax Rate0.320.250.2958
Slightly volatile
Company Equity Multiplier11.4716.3511.4881
Very volatile
Long Term Debt To Capitalization0.240.40.3311
Slightly volatile
Total Debt To Capitalization0.550.280.518
Slightly volatile
Return On Capital Employed0.01560.0110.0166
Slightly volatile
Debt Equity Ratio0.340.361.2012
Slightly volatile
Ebit Per Revenue0.20.260.237
Slightly volatile
Quick Ratio15.2316.04619
Pretty Stable
Net Income Per E B T0.570.70.6942
Pretty Stable
Cash Ratio4.74.9448.4676
Pretty Stable
Cash Conversion Cycle466444123
Slightly volatile
Days Of Sales Outstanding466444123
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.740.810.9466
Slightly volatile
Price To Book Ratio0.660.880.8172
Very volatile
Fixed Asset Turnover6.983.758.1868
Very volatile
Enterprise Value Multiple12.6316.1913.9591
Slightly volatile
Debt Ratio0.02420.02550.1056
Slightly volatile
Price Sales Ratio1.051.481.2617
Slightly volatile
Return On Assets0.00780.00530.0087
Pretty Stable
Asset Turnover0.07670.04820.0703
Slightly volatile
Net Profit Margin0.10.130.1312
Slightly volatile
Price Fair Value0.660.880.8172
Very volatile
Return On Equity0.07340.07540.0905
Very volatile

Meridian Bank Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap34.1 M38.7 M41.6 M
Pretty Stable
Enterprise Value106.6 M129.1 M132.6 M
Slightly volatile

Meridian Fundamental Market Drivers

Cash And Short Term Investments56.7 M

Meridian Upcoming Events

29th of January 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
29th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Meridian Bank Financial Statements

Meridian Bank investors utilize fundamental indicators, such as revenue or net income, to predict how Meridian Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-11.9 M-12.5 M
Total Revenue108.2 M83.9 M
Cost Of Revenue32.2 K30.6 K
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.48  0.42 
Capex To Revenue 0.02  0.03 
Revenue Per Share 7.62  7.26 
Ebit Per Revenue 0.26  0.20 

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When determining whether Meridian Bank is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Meridian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Meridian Bank Stock. Highlighted below are key reports to facilitate an investment decision about Meridian Bank Stock:
Check out the analysis of Meridian Bank Correlation against competitors.
For more information on how to buy Meridian Stock please use our How to buy in Meridian Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meridian Bank. If investors know Meridian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meridian Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
9.97
Dividend Share
0.5
Earnings Share
1.45
Revenue Per Share
9.083
Quarterly Revenue Growth
0.42
The market value of Meridian Bank is measured differently than its book value, which is the value of Meridian that is recorded on the company's balance sheet. Investors also form their own opinion of Meridian Bank's value that differs from its market value or its book value, called intrinsic value, which is Meridian Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meridian Bank's market value can be influenced by many factors that don't directly affect Meridian Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meridian Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meridian Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meridian Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.