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Financials · MRBK

Meridian Corporation (MRBK) financials

For the twelve months ended Sep 30, 2026, Meridian Corporation reported $127.30M of revenue and $20.21M of net income.

Revenue, TTM
$127.30M
Revenue growth, YoY
+1.7%
Net income, TTM
$20.21M
Net income growth, YoY
-0.2%
Net margin
15.9%
Free cash flow, TTM
$7.08M
EPS, diluted, TTM
$1.69
EPS growth, YoY
-4.5%
P/E
9.89
P/S
1.57
Market cap
$199.8M
Annual revenue$126.86M
FY2017FY2025
Annual net income$21.84M
FY2017FY2025
Annual free cash flow$22.57M
FY2017FY2025

MRBK revenue and earnings growth

MRBK revenueQ3 2026$30.14M

Quarter YoY
-8.9%
QoQ
-7.8%
FY YoY
+12.9%
5Y CAGR
-1.4%

MRBK revenue was $30.14M in fiscal Q3 2026 (ended Sep 30, 2026), down 8.9% from a year earlier and down 7.8% from the prior quarter. For the full fiscal 2025 it was $126.86M, up 12.9% from fiscal 2024. Compound annual growth was -1.4% over 5 years. It rose in 5 of the last 8 fiscal years.

MRBK net incomeQ3 2026$5.21M

Quarter YoY
-21.8%
QoQ
-10.3%
FY YoY
+33.6%
5Y CAGR
-3.8%

MRBK net income was $5.21M in fiscal Q3 2026 (ended Sep 30, 2026), down 21.8% from a year earlier and down 10.3% from the prior quarter. For the full fiscal 2025 it was $21.84M, up 33.6% from fiscal 2024. Compound annual growth was -3.8% over 5 years. It rose in 6 of the last 8 fiscal years.

MRBK EPSQ3 2026$0.43

Quarter YoY
-25.9%
QoQ
-10.4%
FY YoY
+30.3%
5Y CAGR
-2.4%

MRBK diluted EPS was $0.43 in fiscal Q3 2026 (ended Sep 30, 2026), down 25.9% from a year earlier and down 10.4% from the prior quarter. For the full fiscal 2025 it was $1.89, up 30.3% from fiscal 2024. Compound annual growth was -2.4% over 5 years.

MRBK free cash flowQ3 2026$12.41M

Quarter YoY
-48.2%
FY YoY
+149.9%

MRBK free cash flow was $12.41M in fiscal Q3 2026 (ended Sep 30, 2026), down 48.2% from a year earlier. For the full fiscal 2025 it was $22.57M, up 149.9% from fiscal 2024. It rose in 1 of the last 4 fiscal years.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
Revenue$126.86M$112.33M$100.91M$111.85M$151.10M$135.91M$69.23M$65.01M$65.64M
Interest expense--$67.65M$18.59M$8.41M$13.66M$16.53M$11.41M$6.78M
Pre-tax income$28.40M$21.79M$16.97M$27.92M$46.30M$34.54M$13.51M$10.49M$5.79M
Income tax$6.57M$5.44M$3.72M$6.09M$10.72M$8.10M$3.03M$2.33M$2.75M
Net income$21.84M$16.35M$13.24M$21.83M$35.59M$26.44M$10.48M$8.16M$3.03M
EPS, basic$1.93$1.47$1.19$1.85$2.96$2.16$0.82$0.64$0.25
EPS, diluted$1.89$1.45$1.16$1.79$2.87$2.13$0.81$0.64$0.24
Diluted shares11.5M11.2M11.4M12.2M12.4M12.4M12.9M12.9M7,540

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
Cash and equivalents-$27.46M$56.70M$38.39M$23.48M$36.74M$39.37M$23.95M$35.51M
Goodwill$899.0K$899.0K$899.0K$899.0K$899.0K$899.0K$899.0K$899.0K-
Total assets$2.56B$2.39B$2.25B$2.06B$1.71B$1.72B$1.15B$997.48M$856.03M
Short-term debt$106.74M$98.63M$141.22M$113.15M$41.34M$106.86M$123.68M$114.30M$99.75M
Total debt---$8.94M$0$165.55M$3.12M$6.24M$8.86M
Total liabilities$2.36B$2.21B$2.09B$1.91B$1.55B$1.58B$1.03B$887.93M$754.67M
Shareholders' equity$199.72M$171.52M$158.02M$153.28M$165.36M$141.62M$120.69M$109.55M$101.05M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
Operating cash flow$24.30M$9.60M$18.85M$84.67M$165.12M-$158.47M$21.57M$11.03M$10.48M
Capital expenditures$1.73M$568.0K$1.82M$2.91M$5.37M$747.0K$746.0K$1.64M$2.41M
Free cash flow$22.57M$9.03M$17.03M$81.76M$159.75M-$159.21M$20.82M$9.39M$8.07M
Investing cash flow-$163.90M-$165.00M-$164.19M-$393.15M-$140.51M-$370.70M-$143.08M-$155.60M-$109.64M
Financing cash flow$147.92M$126.16M$163.64M$323.39M-$37.87M$526.54M$136.93M$133.02M$115.80M
Dividends paid$5.67M$5.60M$5.61M$10.93M$9.68M$1.52M---
Share repurchases-$0$4.26M$12.96M$3.03M$5.70M$3.0K--
Stock-based compensation$1.19M$976.0K$1.17M$1.48M$1.61M$763.0K$272.0K--
Depreciation and amortization------$1.69M$1.42M$963.0K

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
Revenue growth, YoY12.9%11.3%-9.8%-26.0%11.2%96.3%6.5%-1.0%-
Net income growth, YoY33.6%23.4%-39.3%-38.7%34.6%152.2%28.4%169.2%-
EPS growth, YoY30.3%25.0%-35.2%-37.6%34.4%162.0%28.3%--
Net margin17.2%14.6%13.1%19.5%23.6%19.5%15.1%12.6%4.6%
Free cash flow margin17.8%8.0%16.9%73.1%105.7%-117.1%30.1%14.4%12.3%
Return on equity10.9%9.5%8.4%14.2%21.5%18.7%8.7%7.5%3.0%
Return on assets0.9%0.7%0.6%1.1%2.1%1.5%0.9%0.8%0.4%
Debt to equity---0.060.001.170.030.060.09

Source: XBRL data Meridian Corporation files with the SEC, latest filing dated Nov 9, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 2-for-1, first reported Mar 16, 2023.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

MRBK peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
MRBK$127.30M+1.7%$20.21M15.9%$199.8M
JPM$203.15B+13.2%$65.98B32.5%$908.40B
BAC$120.16B+5.4%$32.24B26.8%$349.70B
WFC$87.23B+5.4%$22.97B26.3%$257.44B
C$85.22B+5.6%$14.31B16.8%$202.38B
UBS$49.57B+2.0%$7.80B15.7%$152.60B
MFG¥8.79T+7.6%¥1.16T13.2%$123.62B
COF$63.01B+31.2%$10.87B17.2%$117.80B
BNSC$37.74B+12.1%C$7.79B20.6%$113.63B

MRBK FAQ

7 questions
  • What is MRBK revenue?
    Meridian Corporation (MRBK) reported $127.30M of revenue for the twelve months ended Sep 30, 2026. That is up 1.7% from the year before. Revenue for fiscal 2025 was $126.86M.
  • Is MRBK profitable?
    Yes. Meridian Corporation earned $20.21M in net income for the twelve months ended Sep 30, 2026, a net margin of 15.9%.
  • How fast is MRBK revenue growing?
    Meridian Corporation's revenue changed +12.9% in fiscal 2025, to $126.86M. Its compound annual growth rate was -1.4% over 5 years.
  • What is MRBK free cash flow?
    Meridian Corporation generated $7.08M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $8.32M less capital expenditures.
  • What is MRBK earnings per share?
    Diluted earnings per share were $1.69 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did MRBK last report financial results?
    The latest statements here come from Meridian Corporation's 10-Q filed on Nov 9, 2026, covering the period ended Sep 30, 2026.
  • Where does this MRBK financial data come from?
    Quantisnow builds these statements from the structured XBRL data Meridian Corporation files with the SEC. It is provided for information only and is not investment advice.