Meridian Financial Statements From 2010 to 2026

MRBK Stock  USD 18.93  0.01  0.05%   
Analyzing historical trends in various income statement and balance sheet accounts from Meridian Bank's financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Meridian Bank's valuation are summarized below:
Gross Profit
109.8 M
Profit Margin
0.1845
Market Capitalization
168.3 M
Enterprise Value Revenue
3.1733
Revenue
109.8 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 2026. Market Cap is expected to rise to about 188.2 M this year, although Enterprise Value will most likely fall to about 105.9 M.

Meridian Bank Total Revenue

238.32 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 2.8 M, Total Revenue of 238.3 M or Gross Profit of 84.7 M, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0254 or PTB Ratio of 0.77. Meridian financial statements analysis is a perfect complement when working with Meridian Bank Valuation or Volatility modules.
  
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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 Outstanding9.9 M12.9 M8.7 M
Slightly volatile
Total Assets1.5 B2.7 B1.3 B
Slightly volatile
Short and Long Term Debt Total160.1 M200.3 M131.4 M
Slightly volatile
Total Current Liabilities1.3 B2.5 B1.1 B
Slightly volatile
Total Stockholder Equity128.9 M197.3 M105.6 M
Slightly volatile
Other Liabilities11.4 M21.7 M11.1 M
Slightly volatile
Net Tangible Assets110.7 M171.6 M98 M
Slightly volatile
Property Plant And Equipment Net10.7 M14 MM
Slightly volatile
Net Debt130.6 M168.8 M108 M
Slightly volatile
Accounts Payable5.9 M6.2 M138.1 M
Slightly volatile
Cash29.5 M31.6 M23.4 M
Slightly volatile
Non Current Assets Total1.3 B2.5 B1.2 B
Slightly volatile
Non Currrent Assets Other74.9 M66 M202.2 M
Slightly volatile
Long Term Debt72.4 M57.2 M66.3 M
Very volatile
Cash And Short Term Investments114.6 M121.5 M83.8 M
Slightly volatile
Liabilities And Stockholders Equity1.5 B2.7 B1.1 B
Slightly volatile
Non Current Liabilities Total63.4 M89.3 M62.3 M
Slightly volatile
Other Current Assets57.9 M61 M135.8 M
Very volatile
Total Liabilities1.3 B2.5 BB
Slightly volatile
Long Term Investments253.8 M241.7 M105.7 M
Slightly volatile
Total Current Assets165 M217.5 M122 M
Slightly volatile
Short Term Debt128.6 M143.1 M107.7 M
Slightly volatile
Common StockM11.9 M19.1 M
Slightly volatile
Property Plant Equipment9.9 M15.4 M9.1 M
Slightly volatile
Other Current Liabilities1.3 B2.3 BB
Slightly volatile
Retained Earnings135.2 M128.8 M51.9 M
Slightly volatile
Net Receivables55.4 M96 M39.5 M
Slightly volatile
Common Stock Total Equity31.9 M30.4 M13.7 M
Slightly volatile
Short Term Investments93.6 M89.9 M67.9 M
Slightly volatile
Long Term Debt Total49.5 M47.1 M27 M
Slightly volatile
Capital Surpluse66.9 M92.2 M58 M
Slightly volatile
Other Stockholder Equity67.5 M62.6 M51 M
Slightly volatile
Property Plant And Equipment Gross17 M30.7 M13.7 M
Slightly volatile
Earning Assets76.5 M114.7 M74.2 M
Slightly volatile
Preferred Stock Total Equity10.3 M11.6 M12.6 M
Slightly volatile
Good Will719.2 K809.1 K883.1 K
Slightly volatile
Net Invested Capital188.4 M203.6 M225.9 M
Very volatile
Intangible Assets2.9 M2.5 M3.9 M
Slightly volatile
Capital Stock9.2 M15.2 M7.9 M
Slightly volatile

Meridian Bank Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue238.3 M227 M106.2 M
Slightly volatile
Gross Profit84.7 M116.1 M74.5 M
Slightly volatile
Other Operating Expenses212 M201.9 M90 M
Slightly volatile
Operating Income21.6 M25.1 M18.4 M
Slightly volatile
EBIT19.1 M19.6 M21.2 M
Very volatile
Total Operating Expenses66.7 M91 M58.7 M
Slightly volatile
Income Before Tax18 M25.1 M15.7 M
Slightly volatile
Net Income13.4 M18.8 M11.7 M
Slightly volatile
Income Tax Expense4.6 M6.3 M4.1 M
Slightly volatile
Selling General Administrative5.2 M5.5 M27.5 M
Slightly volatile
Selling And Marketing ExpensesM3.8 M2.6 M
Slightly volatile
Net Income From Continuing Ops15.5 M18.8 M12.1 M
Slightly volatile
Net Income Applicable To Common Shares14.4 M25.1 M12.8 M
Slightly volatile
Tax Provision5.4 M6.3 M4.5 M
Slightly volatile
Net Interest Income51.8 M81.6 M42.4 M
Slightly volatile
Interest Income188.4 M179.4 M71 M
Slightly volatile

Meridian Bank Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Income13.4 M18.8 M11.7 M
Slightly volatile
Dividends Paid3.9 M6.4 M3.2 M
Slightly volatile
End Period Cash Flow33 M31.6 M25.6 M
Slightly volatile
Stock Based Compensation767.4 K1.1 M533 K
Slightly volatile
Begin Period Cash Flow33.3 M65.2 M26.6 M
Slightly volatile
Change To Inventory48.9 M33.7 M57.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.190.97461.1003
Very volatile
Dividend Yield0.02540.02840.0273
Slightly volatile
PTB Ratio0.771.00490.9531
Very volatile
Days Sales Outstanding98.6213992.6127
Slightly volatile
Book Value Per Share22.8317.494340.9349
Slightly volatile
Stock Based Compensation To Revenue0.00410.00450.0037
Slightly volatile
PB Ratio0.771.00490.9531
Very volatile
EV To Sales2.491.79292.2861
Slightly volatile
Net Income Per Share1.051.9281.2533
Slightly volatile
Payables Turnover12.0212.6543.5226
Very volatile
Sales General And Administrative To Revenue0.430.27340.3146
Slightly volatile
Capex To Revenue0.00310.00330.0198
Slightly volatile
Cash Per Share8.258.568.1621
Slightly volatile
Interest Coverage0.280.291.5874
Slightly volatile
Payout Ratio0.230.25930.2286
Slightly volatile
Days Payables Outstanding15.9423.3716.8635
Slightly volatile
ROE0.0880.11020.1046
Pretty Stable
PE Ratio11.579.118510.4823
Very volatile
Return On Tangible Assets0.00750.00850.0088
Pretty Stable
Earnings Yield0.0880.10970.1074
Pretty Stable
Intangibles To Total Assets0.00130.00140.0043
Slightly volatile
Net Debt To EBITDA8.185.88666.3479
Pretty Stable
Current Ratio0.220.20840.1177
Slightly volatile
Tangible Book Value Per Share22.5117.188740.7072
Slightly volatile
Receivables Turnover2.582.7211.7648
Slightly volatile
Graham Number15.5127.547917.8046
Slightly volatile
Shareholders Equity Per Share10.1517.494311.7419
Slightly volatile
Debt To Equity1.450.84381.3703
Slightly volatile
Capex Per Share0.05580.05880.2372
Slightly volatile
Revenue Per Share9.1718.038410.8625
Slightly volatile
Interest Debt Per Share19.9314.761717.2706
Pretty Stable
Debt To Assets0.0620.06530.1129
Slightly volatile
Enterprise Value Over EBITDA15.2212.897111.7536
Slightly volatile
Price Earnings Ratio11.579.118510.4823
Very volatile
Operating Cycle98.6213992.6127
Slightly volatile
Price Book Value Ratio0.771.00490.9531
Very volatile
Days Of Payables Outstanding15.9423.3716.8635
Slightly volatile
Dividend Payout Ratio0.230.25930.2286
Slightly volatile
Pretax Profit Margin0.130.1390.16
Pretty Stable
Ebt Per Ebit0.240.410.3692
Slightly volatile
Operating Profit Margin0.190.1390.1844
Pretty Stable
Effective Tax Rate0.320.23120.292
Slightly volatile
Company Equity Multiplier9.3412.922211.8282
Pretty Stable
Long Term Debt To Capitalization0.280.45760.334
Slightly volatile
Total Debt To Capitalization0.610.45760.5664
Slightly volatile
Return On Capital Employed0.01170.01230.0698
Pretty Stable
Debt Equity Ratio1.450.84381.3703
Slightly volatile
Ebit Per Revenue0.190.1390.1844
Pretty Stable
Quick Ratio0.220.20840.1177
Slightly volatile
Net Income Per E B T0.570.76880.7015
Slightly volatile
Cash Ratio0.02670.01480.0262
Slightly volatile
Days Of Sales Outstanding98.6213992.6127
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.740.850.9486
Slightly volatile
Price To Book Ratio0.771.00490.9531
Very volatile
Fixed Asset Turnover9.1816.473410.5837
Slightly volatile
Enterprise Value Multiple15.2212.897111.7536
Slightly volatile
Debt Ratio0.0620.06530.1129
Slightly volatile
Price Sales Ratio1.190.97461.1003
Very volatile
Return On Assets0.00750.00850.0088
Pretty Stable
Asset Turnover0.08840.07980.0798
Pretty Stable
Net Profit Margin0.0880.10690.1146
Very volatile
Gross Profit Margin0.880.590.8205
Slightly volatile
Price Fair Value0.771.00490.9531
Very volatile
Return On Equity0.0880.11020.1046
Pretty Stable

Meridian Bank Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap188.2 M179.2 M133.7 M
Slightly volatile
Enterprise Value105.9 M140.6 M135.4 M
Slightly volatile

Meridian Fundamental Market Drivers

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 Revenue227 M238.3 M
Cost Of Revenue110.9 M116.4 M
Sales General And Administrative To Revenue 0.27  0.43 
Revenue Per Share 18.04  9.17 
Ebit Per Revenue 0.14  0.19 

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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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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. Expected growth trajectory for Meridian significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Meridian Bank assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
0.381
Dividend Share
0.5
Earnings Share
1.77
Revenue Per Share
9.775
Quarterly Revenue Growth
0.128
Meridian Bank's market price often diverges from its book value, the accounting figure shown on Meridian's balance sheet. Smart investors calculate Meridian Bank's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Meridian Bank's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Meridian Bank's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Meridian Bank represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. 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.