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Meridian Q3 2023 Earnings Report

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$12.71 -0.37 (-2.83%)
As of 04:00 PM Eastern

Meridian EPS Results

Actual EPS
$0.35
Consensus EPS
$0.39
Beat/Miss
Missed by -$0.04
One Year Ago EPS
N/A

Meridian Revenue Results

Actual Revenue
$25.31 million
Expected Revenue
$26.58 million
Beat/Miss
Missed by -$1.27 million
YoY Revenue Growth
N/A

Meridian Announcement Details

Quarter
Q3 2023
Time
N/A
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Meridian Earnings Headlines

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About Meridian

Meridian (NASDAQ:MRBK) operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Florida, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, shared national credits, and other financing; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title and land settlement services. In addition, the company operates and originates mortgage loans for 1-4 family dwellings; and offers real estate holding, investment advisory, and equipment leasing services, as well as financial planning and wealth management services. Meridian Corporation was incorporated in 2004 and is headquartered in Malvern, Pennsylvania.

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