Stock MRBK MERIDIAN CORPORATION
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Company Meridian Corporation

Equities

MRBK

US58958P1049

Banks

Market Closed - Nasdaq
Other stock markets
 04:00:00 2024-04-26 pm EDT 		5-day change 1st Jan Change
9.1 USD +0.89% Intraday chart for Meridian Corporation +6.93% -34.53%
Apr. 26 Meridian Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024 CI
Apr. 26 Earnings Flash (MRBK) MERIDIAN CORPORATION Posts Q1 EPS $0.24 MT

Business Summary

Meridian Corporation is a bank holding company engaged in banking activities through its wholly owned subsidiary, Meridian Bank (the Bank). The Bank is a community bank serving Pennsylvania, New Jersey, Delaware, and Maryland. Through its offices, including banking branches and mortgage locations, it offers a full suite of financial products and services. It specializes in business and industrial lending, retail and commercial real estate lending, electronic payments, and wealth management solutions through Meridian Wealth Partners. It also offers a broad menu of depository products supported by online and mobile access. Its banking segment consists of commercial and retail banking. Its wealth management segment provides an array of wealth management services and products and guidance to help its clients and its banking customers. Its mortgage banking segment originates one-to-four family residential mortgages and sells nearly all of its production to third party investors.

Number of employees: 324

Sales per Business

USD in Million2022Weight2023Weight Delta
Bank
75.9 %
76 68.1 % 77 75.9 % +0.59%
Mortgage
19.3 %
30 27.1 % 19 19.3 % -35.87%
Wealth
4.9 %
5 4.9 % 5 4.9 % -9.73%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
112 100.0 % 101 100.0 % -9.79%

Managers

Managers TitleAgeSince
Christopher Annas CEO
 Chief Executive Officer 68 09-06-07
Denise Lindsay DFI
 Director of Finance/CFO 57 08-12-31
Lisa Viscardo IRC
 Investor Relations Contact - -
Andy Fox PRN
 Corporate Officer/Principal - 23-10-12
Michael Curry SEC
 Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
George Collier BRD
 Director/Board Member 77 03-12-31
Christopher Annas CEO
 Chief Executive Officer 68 09-06-07
Denise Lindsay DFI
 Director of Finance/CFO 57 08-12-31
Robert Casciato BRD
 Director/Board Member 72 03-12-31
Robert Holland BRD
 Director/Board Member 75 03-12-31
Edward Hollin BRD
 Director/Board Member 71 03-12-31
Anthony Imbesi BRD
 Director/Board Member 50 04-12-31
Christine Helmig BRD
 Director/Board Member 54 22-10-26

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 13,188,698 8,910,511 ( 67.56 %) 2,003,183 ( 15.19 %) 67.56 %

Shareholders

NameEquities%Valuation
Fourthstone LLC
9.265 %
1,035,631 9.265 % 10 M $
Ategra Capital Management LLC
8.883 %
992,956 8.883 % 10 M $
The Banc Funds Co LLC
7.002 %
782,678 7.002 % 8 M $
Strategic Value Bank Partners LLC
5.827 %
651,298 5.827 % 6 M $
Meridian Corp. Employee Stock Ownership Plan
5.464 %
610,735 5.464 % 6 M $
Christopher Annas
5.315 %
594,128 5.315 % 6 M $
Vanguard Global Advisers LLC
4.779 %
534,173 4.779 % 5 M $
Anthony Imbesi
3.446 %
385,134 3.446 % 4 M $
First Manhattan Co LLC
2.928 %
327,305 2.928 % 3 M $
River Oaks Capital LLC
2.183 %
243,974 2.183 % 2 M $

Company contact information

Meridian Corp. (Pennsylvania)

9 Old Lincoln Highway

19355, Malvern

+

http://www.meridianbanker.com
address Meridian Corporation(MRBK)

Sector

Financials
Banking & Investment Services
Banking Services
Banks
Other Banks

Sales per Business

Ratings for Meridian Corporation

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
9.1 USD
Average target price
13.67 USD
Spread / Average Target
+50.18%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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