Meridian Net Tangible Assets vs Retained Earnings Analysis

MRBK Stock  USD 14.50  0.20  1.40%   
Meridian Bank financial indicator trend analysis is infinitely more than just investigating Meridian Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meridian Bank is a good investment. Please check the relationship between Meridian Bank Net Tangible Assets and its Retained Earnings accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meridian Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Meridian Stock please use our How to buy in Meridian Stock guide.

Net Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meridian Bank Net Tangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Meridian Bank's Net Tangible Assets and Retained Earnings is 0.92. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Meridian Bank, assuming nothing else is changed. The correlation between historical values of Meridian Bank's Net Tangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Meridian Bank are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Tangible Assets i.e., Meridian Bank's Net Tangible Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Meridian Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meridian Bank current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meridian Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Meridian Stock please use our How to buy in Meridian Stock guide.Tax Provision is expected to rise to about 5.3 M this year, although the value of Selling General Administrative will most likely fall to about 4.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit151.1M111.9M94.1M83.9M
Total Revenue151.1M111.9M94.1M83.9M

Meridian Bank fundamental ratios Correlations

0.82-0.10.450.70.910.620.55-0.720.790.330.270.820.250.880.31-0.790.230.760.770.790.430.55-0.670.740.36
0.820.160.440.940.960.850.37-0.640.880.560.50.980.290.950.54-0.51-0.110.90.980.790.090.55-0.570.890.19
-0.10.16-0.190.150.050.38-0.630.240.220.830.870.18-0.03-0.060.860.35-0.260.130.12-0.02-0.40.220.320.14-0.54
0.450.44-0.190.530.540.290.05-0.320.140.090.050.330.090.590.05-0.27-0.110.070.560.370.12-0.36-0.310.42-0.14
0.70.940.150.530.880.710.32-0.430.740.460.410.890.490.90.46-0.48-0.30.740.950.59-0.080.3-0.370.720.25
0.910.960.050.540.880.820.42-0.70.870.480.420.950.250.960.46-0.590.080.830.940.810.290.51-0.630.90.21
0.620.850.380.290.710.820.03-0.590.860.720.690.89-0.110.730.69-0.150.070.810.830.780.150.64-0.510.95-0.21
0.550.37-0.630.050.320.420.03-0.630.41-0.28-0.330.350.530.52-0.26-0.560.190.510.320.440.360.39-0.660.210.89
-0.72-0.640.24-0.32-0.43-0.7-0.59-0.63-0.73-0.32-0.25-0.630.0-0.76-0.280.33-0.3-0.75-0.62-0.93-0.44-0.630.99-0.72-0.23
0.790.880.220.140.740.870.860.41-0.730.620.580.910.160.820.62-0.420.020.950.810.860.130.82-0.660.840.2
0.330.560.830.090.460.480.72-0.28-0.320.621.00.56-0.010.420.990.14-0.120.550.520.51-0.150.51-0.250.57-0.42
0.270.50.870.050.410.420.69-0.33-0.250.581.00.51-0.020.351.00.17-0.130.490.460.45-0.190.48-0.180.51-0.45
0.820.980.180.330.890.950.890.35-0.630.910.560.510.220.910.54-0.520.050.920.940.780.220.64-0.560.910.18
0.250.29-0.030.090.490.25-0.110.530.00.16-0.01-0.020.220.320.06-0.32-0.290.210.26-0.06-0.16-0.040.01-0.120.73
0.880.95-0.060.590.90.960.730.52-0.760.820.420.350.910.320.4-0.58-0.040.840.960.830.20.46-0.710.850.29
0.310.540.860.050.460.460.69-0.26-0.280.620.991.00.540.060.40.13-0.160.530.50.46-0.20.5-0.20.52-0.37
-0.79-0.510.35-0.27-0.48-0.59-0.15-0.560.33-0.420.140.17-0.52-0.32-0.580.13-0.19-0.44-0.47-0.38-0.38-0.230.32-0.31-0.55
0.23-0.11-0.26-0.11-0.30.080.070.19-0.30.02-0.12-0.130.05-0.29-0.04-0.16-0.190.06-0.140.140.950.23-0.30.160.01
0.760.90.130.070.740.830.810.51-0.750.950.550.490.920.210.840.53-0.440.060.830.830.170.84-0.690.840.31
0.770.980.120.560.950.940.830.32-0.620.810.520.460.940.260.960.5-0.47-0.140.830.770.070.42-0.560.880.13
0.790.79-0.020.370.590.810.780.44-0.930.860.510.450.78-0.060.830.46-0.380.140.830.770.270.68-0.90.850.07
0.430.09-0.40.12-0.080.290.150.36-0.440.13-0.15-0.190.22-0.160.2-0.2-0.380.950.170.070.270.22-0.440.30.15
0.550.550.22-0.360.30.510.640.39-0.630.820.510.480.64-0.040.460.5-0.230.230.840.420.680.22-0.590.610.21
-0.67-0.570.32-0.31-0.37-0.63-0.51-0.660.99-0.66-0.25-0.18-0.560.01-0.71-0.20.32-0.3-0.69-0.56-0.9-0.44-0.59-0.66-0.26
0.740.890.140.420.720.90.950.21-0.720.840.570.510.91-0.120.850.52-0.310.160.840.880.850.30.61-0.66-0.09
0.360.19-0.54-0.140.250.21-0.210.89-0.230.2-0.42-0.450.180.730.29-0.37-0.550.010.310.130.070.150.21-0.26-0.09
Click cells to compare fundamentals

Meridian Bank Account Relationship Matchups

Meridian Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding12.9M12.4M12.4M12.2M11.4M10.0M
Total Assets1.2B1.7B1.7B2.1B2.2B1.4B
Total Current Liabilities124.8M108.0M31K124.5M1.1B1.1B
Total Stockholder Equity120.7M141.6M1.2B153.3M158.0M233.7M
Other Liab8.6M20.1M19.8M18.9M21.7M11.4M
Net Tangible Assets115.9M137.1M161.1M149.2M171.6M110.7M
Property Plant And Equipment Net8.6M7.8M11.8M13.3M22.6M11.4M
Net Debt129.3M276.3M58.4M124.0M(6.9M)(6.5M)
Accounts Payable1.1M1.2M31K2.4M10.3M9.8M
Cash39.4M36.7M23.5M38.4M56.7M32.1M
Non Current Assets Total82.1M143.4M184.1M192.3M2.2B2.3B
Non Currrent Assets Other(2.1M)(62K)(1.4M)(3.9M)2.0B2.1B
Other Assets966.8M1.4B1.3B1.7B1.9B1.1B
Long Term Debt44.1M313.1M81.9M40.3M49.8M74.2M
Cash And Short Term Investments98.2M160.3M182.8M173.7M156.1M111.9M
Non Current Liabilities Total168.7M313.1M81.9M124.5M2.1B2.2B
Other Current Assets42.6M42.2M28.5M47.5M67.7M64.3M
Total Liab1.0B1.6B541.6M1.9B2.1B1.1B
Long Term Investments68.6M131.1M168.0M174.9M183.9M106.5M
Short Long Term Debt114.3M123.7M106.9M122.1M140.4M117.6M
Total Current Assets102.1M196.8M276.0M181.1M56.7M53.9M
Short Term Debt123.7M106.9M41.3M122.1M143.4M111.2M
Common Stock6.4M6.5M6.5M6.6M13.2M8.3M
Property Plant Equipment8.6M7.8M11.8M13.4M15.4M9.9M
Short Long Term Debt Total168.7M313.1M81.9M162.4M49.8M47.3M
Retained Earnings34.1M59.0M84.9M95.8M101.2M54.0M
Net Receivables3.8M36.5M93.3M7.4M127.3M133.6M
Common Stock Total Equity6.4M6.4M6.4M26.4M30.4M31.9M
Short Term Investments58.9M123.6M159.3M135.3M146.0M94.5M
Liabilities And Stockholders Equity1.2B1.7B1.7B2.1B2.2B1.5B
Other Stockholder Equity80.2M73.6M73.2M55.8M53.0M68.4M
Property Plant And Equipment Gross8.6M7.8M23.3M26.2M27.3M15.6M
Accumulated Other Comprehensive Income(3K)2.6M708K(11.5M)(9.4M)(9.0M)
Net Invested Capital288.5M301.4M81.9M315.7M207.9M189.5M
Intangible Assets4.8M4.5M4.3M3.2M3.0M3.4M
Other Current Liab(124.8M)(108.0M)(41.4M)(6.3M)933.7M980.4M

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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meridian Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Meridian Stock please use our How to buy in Meridian Stock guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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
0.2
Dividend Share
0.5
Earnings Share
1.01
Revenue Per Share
8.327
Quarterly Revenue Growth
0.062
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.