Meridian Corp's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 58/404 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 19.50.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Meridian Corp's Score
Industry at a Glance
Industry Ranking
58 / 404
Overall Ranking
104 / 4582
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Buy
Current Rating
19.500
Target Price
+18.54%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Meridian Corp Highlights
StrengthsRisks
Meridian Corporation is a bank holding company engaged in banking activities through its wholly owned subsidiary, Meridian Bank (the Bank). The Bank is a state-chartered commercial 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. Its segments include Bank segment, which consists of commercial and retail banking; Wealth segment, which provides a comprehensive array of wealth management services and products and the guidance to help its clients and banking customers; and Mortgage segment, which consists of approximately eight loan production offices throughout suburban Philadelphia and Maryland. The Bank provides deposit and treasury management services, commercial and industrial lending and leasing, commercial real estate lending, consumer and home equity lending, private banking, and title and land settlement services.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 34.27%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 34.27%.
Overvalued
The company’s latest PB is 1.09, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 7.20M shares, increasing 3.00% quarter-over-quarter.
Meridian Corporation is a bank holding company engaged in banking activities through its wholly owned subsidiary, Meridian Bank (the Bank). The Bank is a state-chartered commercial 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. Its segments include Bank segment, which consists of commercial and retail banking; Wealth segment, which provides a comprehensive array of wealth management services and products and the guidance to help its clients and banking customers; and Mortgage segment, which consists of approximately eight loan production offices throughout suburban Philadelphia and Maryland. The Bank provides deposit and treasury management services, commercial and industrial lending and leasing, commercial real estate lending, consumer and home equity lending, private banking, and title and land settlement services.
Ticker SymbolMRBK
CompanyMeridian Corp
CEOAnnas (Christopher J)
Website
FAQs
What is the current price of Meridian Corp (MRBK)?
The current price of Meridian Corp (MRBK) is 17.600.
What is the symbol of Meridian Corp?
The ticker symbol of Meridian Corp is MRBK.
What is the 52-week high of Meridian Corp?
The 52-week high of Meridian Corp is 18.330.
What is the 52-week low of Meridian Corp?
The 52-week low of Meridian Corp is 11.160.
What is the market capitalization of Meridian Corp?
The market capitalization of Meridian Corp is 202.71M.
What is the net income of Meridian Corp?
The net income of Meridian Corp is 16.35M.
Is Meridian Corp (MRBK) currently rated as Buy, Hold, or Sell?
According to analysts, Meridian Corp (MRBK) has an overall rating of Buy, with a price target of 19.500.
What is the Earnings Per Share (EPS TTM) of Meridian Corp (MRBK)?
The Earnings Per Share (EPS TTM) of Meridian Corp (MRBK) is 1.805.