Stocks · Financial Services · Banks - Regional
Meridian Corporation MRBK
$18.97 +0.85% Close, Oct 2, 2026 · NASDAQ · Market cap $225.6M
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Net debt is 4.8× EBITDA, a high level of leverage.
- Diluted EPS over the last four quarters was $2.06, up 28.0% year over year.
- The diluted share count rose 6.6% in a year.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth22Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 29%
- EPS growth (TTM, YoY)Top 39%
- FCF growth (TTM, YoY)Bottom 12%
- Revenue growth, 3-year CAGRTop 44%
- Revenue growth accelerationBottom 29%
Quality20Very weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 42%
- Gross marginBottom 36%
- Operating marginBottom 35%
- Cash conversion (OCF / net income)Bottom 31%
- Accruals (lower is better)Bottom 30%
- Net debt / EBITDA (lower is better)Bottom 26%
- Interest coverBottom 23%
Value76Positive
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 13%
- Free-cash-flow yieldTop 45%
- EBITDA / enterprise valueTop 40%
- Sales / enterprise valueTop 24%
- P/E vs own 5-year history (lower is better)Bottom 36%
Momentum40Weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 28%
- 6-month returnBottom 20%
- 1-year return vs S&P 500Top 28%
- Distance from 52-week highBottom 43%
- Trend checklist (0–4)Bottom 27%
Revisions43Weak
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 31%
- Consecutive EPS beatsBottom 17%
- Share of analysts rating BuyTop 17%
- Upside to consensus price targetTop 47%
Stability31Weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 31%
- Maximum drawdown, 3 yearsBottom 26%
- Beta vs S&P 500 (lower is better)Bottom 31%
- Net debt / EBITDA (lower is better)Bottom 26%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 4.1% | 0.7% | ↓ |
| EPS growth (YoY) | 45.8% | 28.0% | ↓ |
| Gross margin | 52.3% | 59.1% | ↑ |
| Operating margin | 11.9% | 15.4% | ↑ |
| FCF margin | 18.2% | 9.4% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 0.7% | 4.1% | ↓ | Bottom 29% |
| EPS growth (TTM, YoY) | 28.0% | 45.8% | ↓ | Top 39% |
| Gross margin | 59.1% | 52.3% | ↑ | Bottom 36% |
| Operating margin | 15.4% | 11.9% | ↑ | Bottom 35% |
| Net margin | 11.9% | 9.0% | ↑ | — |
| Free-cash-flow margin | 9.4% | 18.2% | ↓ | — |
| Return on invested capital | 0.9% | — | Bottom 42% | |
| Revenue growth, 3-year CAGR | 16.4% | — | Top 44% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.83×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 0.2%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -84.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 4.85×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 0.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.74%
- Net buyback yield (TTM)
- -3.66%
- Shareholder yield
- -0.92%
- Share count change, 1 year
- +6.6%
- Share count change, 3-year CAGR
- +2.5%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +0.6%
- Average 2-day reaction, last 8
- +0.3%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $22.00
- Target vs current price
- +16.0%
- Analysts with a rating
- 4
- Share rating Buy or Strong Buy
- 75%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | -5.9% | -1.5% | -2.5% | -4.7% | — |
| Apr 23, 2026 | -18.7% | +0.0% | -9.1% | -14.1% | +0.3% |
| Jan 29, 2026 | +10.9% | +3.7% | +11.8% | +9.3% | +0.9% |
| Oct 23, 2025 | +16.0% | +1.2% | -3.6% | -2.5% | +20.6% |
| Jul 24, 2025 | +16.7% | -1.2% | -0.1% | +0.3% | -6.6% |
| Apr 25, 2025 | -36.4% | -1.6% | -6.3% | -5.2% | +5.4% |
| Jan 24, 2025 | +40.0% | +1.5% | +6.0% | -0.4% | -16.3% |
| Oct 24, 2024 | +20.0% | -0.1% | +8.5% | +10.1% | +17.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $0.48 | $0.51 | -5.9% | $32.7M |
| Apr 23, 2026 | $0.39 | $0.48 | -18.7% | $30.2M |
| Jan 29, 2026 | $0.61 | $0.55 | +10.9% | $34.2M |
| Oct 23, 2025 | $0.58 | $0.50 | +16.0% | $33.1M |
| Jul 24, 2025 | $0.49 | $0.42 | +16.7% | $32.4M |
| Apr 25, 2025 | $0.21 | $0.33 | -36.4% | $27.1M |
| Jan 24, 2025 | $0.49 | $0.35 | +40.0% | $32.6M |
| Oct 24, 2024 | $0.42 | $0.35 | +20.0% | $29.1M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 9.2× | 8.2× | 71th | Top 13% |
| P/E (forward) | 11.6× | — | — | — |
| EV / EBITDA | 12.3× | — | — | Top 40% |
| EV / Sales | 1.82× | — | — | Top 24% |
| Free-cash-flow yield | 8.56% | — | — | Top 45% |
| Earnings yield | 10.86% | — | — | Top 13% |
P/E over the past five years
Range 4.6× – 13.6× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +22.8%
- Earnings per share growth (TTM)
- +28.0%
- Change in P/E multiple
- +5.8%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -1.3%
- 200-day average slope (20 days)
- +1.8%
- Distance from 50-day average
- -3.1%
- Distance from 200-day average
- -0.9%
- RSI (14)
- 41.2
- Relative volume
- 1.47×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 17.2%
- Volatility vs own 5-year history
- 0th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.87
- Correlation with S&P 500
- 0.39
- Current drawdown from 1-year high
- -8.4%
- Maximum drawdown, 3 years
- -40.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 8, 2022 | May 4, 2023 | -57.2% | 310 days | 688 days (Feb 2, 2026) |
| Dec 18, 2020 | Jan 27, 2021 | -20.8% | 25 days | 16 days (Feb 19, 2021) |
| Feb 6, 2026 | May 15, 2026 | -17.2% | 68 days | Not yet recovered |
| May 19, 2021 | Jul 8, 2021 | -11.9% | 34 days | 23 days (Aug 10, 2021) |
| Mar 10, 2021 | Apr 21, 2021 | -10.2% | 29 days | 19 days (May 18, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $225.6M
- P/E (TTM)
- 9.2
- EPS, diluted (TTM)
- $2.06
- Revenue (TTM)
- $204.9M
- Dividend yield
- 2.87%
- 52-week range
- $13.81 – $21.67
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $159.5M | $130.4M | $168.6M | $197.4M | $205.5M |
| Gross profit | $150.0M | $109.4M | $94.1M | $100.9M | $111.7M |
| Operating income | $46.3M | $27.9M | $17.0M | $21.8M | $28.4M |
| Net income | $35.6M | $21.8M | $13.2M | $16.3M | $21.8M |
| EPS (diluted) | $2.87 | $1.79 | $1.16 | $1.45 | $1.89 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $51.1M | $53.3M | $46.5M | $52.5M | $53.1M | $53.4M | $47.7M | $50.7M |
| Net income | $4.7M | $5.6M | $2.4M | $5.6M | $6.7M | $7.2M | $4.7M | $5.8M |
| EPS (diluted) | $0.42 | $0.49 | $0.21 | $0.49 | $0.58 | $0.61 | $0.39 | $0.48 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $165.1M | $84.7M | $18.9M | $9.6M | $24.3M |
| Capital expenditure | -$5.4M | -$2.9M | -$1.8M | -$568,000 | -$1.7M |
| Free cash flow | $159.7M | $81.8M | $17.0M | $9.0M | $22.6M |
| Dividends paid | -$9.7M | -$10.9M | -$5.6M | -$5.6M | -$5.7M |
| Net share buybacks | -$3.0M | -$13.0M | -$4.3M | $499,000 | $8.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $11.2M
- Total assets
- $2.59B
- Total liabilities
- $2.39B
- Total debt
- $157.7M
- Net debt
- $146.5M
- Shareholders’ equity
- $204.8M
As of Jun 30, 2026 (filed Aug 7, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 10, 2026 | $0.14 | Aug 17, 2026 |
| May 4, 2026 | $0.14 | May 11, 2026 |
| Feb 9, 2026 | $0.14 | Feb 17, 2026 |
| Nov 10, 2025 | $0.13 | Nov 17, 2025 |
| Aug 11, 2025 | $0.13 | Aug 18, 2025 |
| May 12, 2025 | $0.13 | May 19, 2025 |
| Feb 10, 2025 | $0.13 | Feb 18, 2025 |
| Nov 12, 2024 | $0.13 | Nov 19, 2024 |
Short interest
- Shares sold short
- 248,442
- Days to cover
- 3.36
- Change vs previous report
- -9.8%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Mar 21, 2023
- 2-for-1