Meridian Corporation remains a 'buy' as deposit growth, strong asset quality, and attractive valuation persist. MRBK's net interest income and net profits have shown robust growth, supported by rising deposits and loans. Valuation is compelling, with an 8.1x P/E and metrics favorably comparing to peers on book value and returns.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
| Banks Industry | Financials Sector | Christopher J. Annas CEO | NASDAQ (NGS) Exchange | 58958P104 CUSIP |
| US Country | 322 Employees | 10 Nov 2025 Last Dividend | 21 Mar 2023 Last Split | 7 Nov 2017 IPO Date |
Meridian Corporation, established in 2004 and based in Malvern, Pennsylvania, functions as the parent company of Meridian Bank. This institution serves clients across Pennsylvania, New Jersey, Delaware, Florida, and Maryland, specializing in a wide range of commercial banking products and services. As a comprehensive financial services provider, the corporation caters to the needs of both individual and corporate clients, offering innovative banking solutions tailored to foster growth and financial stability.
Meridian Corporation offers an extensive portfolio of banking products and services designed to meet the diverse needs of its clients. Each offering is tailored to provide value and support for various financial goals and requirements.