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Friday 6 November 2026 Export MRBK’s income statement to Excel — free account

Meridian Bank

MRBK Financial Banks Regional

Meridian Bank’s revenue for fiscal 2025 (year ended December 2025) was $205.5 million, up 4.12% from fiscal 2024.

Revenue
−3.50%
EPS
−2.00%
Free cash flow
+89.0%
Total debt
−0.17%

Quarter to June 2026, against a year earlier

16.61 0.25 +1.53%
Market cap
$195.2M
P/E
8.7×
Fwd P/E
11.8×
Dividend yield
3.33%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.05
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — 1 2 — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 21.49%

Capital & Financial Ratios $m

Size
Market Cap 195.23
Revenue ttm 204.92
Net income ttm 21.66
Free cash flow ttm 18.66
Net debt Q 13.50
Valuation
P/E 8.74
Forward P/E 11.80
Price / sales 0.95
Forward P/S Powerpack
Price / FCF 10.39
Price / book 0.95
Financial health
Current ratio Q 0.98
Debt / equity Q 0.24
Interest coverage Q —
Growth
Revenue growth Q −3.50% (below 0%: shrinking)
Operating income growth Q +2.63% (above 0%: growing)
EPS, this year −19.58% (below 0%: weak)
EPS, next year A +21.71% (at or above 15%: strong)
Revenue, next year A −36.84% (below 0%: weak)
EPS, past 5 yrs −2.41% (below 0%: weak)
EPS, next 5 yrs A +11.22%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 47.07%
10-year low 10-year high
P/S against its own 10 years 43.76%
10-year low 10-year high
P/B against its own 10 years 38.04%
10-year low 10-year high

Dividends

Yield
3.33%
Annual rate
0.55
Payout ratio
29.7%
Growth, 2020–25
+32.0%/yr
  1. 0.13 ’20
  2. 0.29 ’21 +130
  3. 0.40 ’22 +39
  4. 0.50 ’23 +25
  5. 0.50 ’24 +0
  6. 0.50 ’25 +0
  7. 0.53 ’26e +5
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 57 27 36 36
Receivables — — — —
Inventory — — — —
Other — — — —
1,965 2,082 2,229 2,258
2023 2024 2025 Q'26
Payables 1,823 2,005 2,158 2,194
ST’ Debt — — — —
Other — — — —
2,009 2,137 2,282 2,308

Compound Annual Growth %

10y 5y 3y
Sales — 6.56% 16.36%
Cash Flow — 0.00% (34.04%)
Earnings — (3.75%) 0.01%
Book Value — 7.12% 9.22%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 0.46 Actual 0.43

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 0.55 0.61 Beat by 0.06
Q1 FY26 0.48 0.39 Miss by 0.09
Q2 FY26 0.51 0.48 Miss by 0.03
Q3 FY26 0.46 0.43 Miss by 0.03
Q4 FY26 0.48 — Reports 4 February 2027

EPS $

Mar Jun Sep Dec Year
’26 0.17 0.48 — — —
’25 0.21 0.49 0.58 0.61 1.89
’24 0.24 0.30 0.42 0.49 1.45
’23 0.34 0.41 0.35 0.05 1.16
’22 0.44 0.48 0.48 0.39 1.79
’21 0.83 0.67 0.76 0.62 1.43
’20 0.20 0.47 0.76 0.74 2.14
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 48 51 — — —
’25 46 52 53 53 205
’24 45 48 51 53 197
’23 38 43 44 44 169
’22 31 30 33 36 130
’21 44 39 40 35 160
’20 23 34 45 48 150
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 3 (1) — — —
’25 18 (12) 24 (6) 24
’24 (2) (19) 31 (1) 10
’23 (11) 0 23 8 19
’22 6 29 28 21 85
’21 63 43 21 39 165
’20 (63) (17) (82) 3 (158)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 3 (1) — — —
’25 18 (13) 24 (7) 23
’24 (4) (19) 33 (1) 9
’23 (12) 0 22 7 17
’22 6 28 27 20 82
’21 62 43 20 35 160
’20 (63) (17) (82) 3 (159)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 28 72 76 86 150 160 130 169 197 205 205 +24.7% 130 140 — (17.5%)
Gross margin, % 0.00 90.64 85.07 80.73 90.87 94.73 85.75 59.87 56.92 61.73 63.55 +61.7 pt
EBT 8 6 10 14 35 46 28 17 22 28 28 +15.9%
EBT margin, % 26.74 7.99 13.73 15.76 23.09 29.03 21.40 10.07 11.04 13.82 13.68 (12.9) pt
Net income 5 3 8 10 26 36 22 13 16 22 22 +18.0%
Per share, $
Per share, $ Revenue 8.37 9.67 5.97 6.69 12.22 6.63 11.06 15.16 17.76 18.14 17.28 +9.0%
Earnings 1.11 0.25 0.64 0.82 2.16 1.48 1.85 1.19 1.47 1.93 1.87 +6.3%
Cash flow (9.69) 1.40 0.86 1.68 (12.94) 6.86 7.18 1.70 0.86 2.15 1.70 n/m
Capex 0.00 (0.32) (0.13) (0.06) (0.06) (0.22) (0.25) (0.16) (0.05) (0.15) (0.13) n/m
Free cash flow (9.69) 1.08 0.73 1.63 (13.00) 6.64 6.93 1.53 0.81 2.00 1.57 n/m
Book value 20.82 13.54 8.56 9.42 11.57 6.87 13.00 14.22 15.43 17.63 17.27 (1.8%)
Shares, m 3 7 13 13 12 24 12 11 11 11 12 +14.4%
Valuation, ×
Valuation, × P/E 14.50 0.00 13.40 12.32 4.79 6.21 8.22 11.64 9.33 9.16 8.74 9.0
P/S 0.00 0.00 1.44 1.51 0.85 2.78 1.38 0.91 0.77 0.97 0.95 1.1
P/B 0.00 0.69 1.00 1.07 0.90 2.68 1.17 0.97 0.89 1.00 0.95 1.0
EV/Sales 0.00 0.00 1.33 1.56 1.98 2.88 1.39 0.87 0.88 1.04 — 1.2
EV/FCF 0.00 0.00 10.80 6.44 (1.86) 2.88 2.22 8.64 19.34 9.43 — 5.8
Cash, $m
Cash, $m Operating cash flow (33) 10 11 22 (158) 165 85 19 10 24 20 n/m
Capex (4) (2) (2) (1) (1) (5) (3) (2) (1) (2) (1) (7.9%)
Free cash flow (33) 8 9 21 (159) 160 82 17 9 23 19 n/m
Balance, $m
Balance, $m Working capital — 34 28 55 189 (11) (44) (44) (55) (53) (50) n/m
Net debt 132 (13) (8) 5 169 17 2 (7) 22 14 13 (22.0%)
Shareholders’ equity 70 101 110 121 142 165 153 158 172 200 205 +12.4%
Returns, %
Returns, % ROA 0.47 0.23 0.88 0.98 1.84 2.07 1.16 0.61 0.71 0.88 0.85 +0.4 pt
ROIC 0.00 4.11 6.49 6.73 6.94 15.87 11.24 7.02 7.03 8.30 8.03 +8.3 pt
ROE 4.77 2.36 7.74 9.10 20.16 23.18 13.70 8.51 9.92 11.76 11.31 +7.0 pt
People
People Employees — — — — 381 413 366 324 322 327 — (3.0%)
Revenue/emp, $m 0.00 0.00 0.00 0.00 0.39 0.39 0.36 0.52 0.61 0.63 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Meridian Bank vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GBFH GBank Financial Holdings Inc. $224.3M 12.0× 12.8× +22.90% (above 0%: growing) +15.15% (above 0%: growing) +3,151.19% (above 0%: growing) 68.86% 0.00% Compare
CBFV CB Financial Services, Inc. $207.6M 28.6× 11.7× +11.11% (above 0%: growing) +7.59% (above 0%: growing) +89.91% (above 0%: growing) 70.87% 0.00% Compare
FCAP First Capital, Inc. $207.3M 11.2× — (loss-making) +11.02% (above 0%: growing) +26.55% (above 0%: growing) +2.66% (above 0%: growing) 80.17% 0.00% Compare
RBKB Rhinebeck Bancorp, Inc. $203.3M 18.1× — +2.17% (above 0%: growing) −5.03% (below 0%: shrinking) +145.41% (above 0%: growing) 71.31% 0.00% Compare
MRBK Meridian Bank $195.2M 8.7× 11.8× −3.50% (below 0%: shrinking) −2.00% (below 0%: shrinking) +88.96% (above 0%: growing) 64.49% 0.00%
LARK Landmark Bancorp Inc. $193.6M 9.6× 9.2× +2.62% (above 0%: growing) +21.58% (above 0%: growing) +828.81% (above 0%: growing) 78.76% 0.00% Compare
ECBK ECB Bancorp, Inc. $188.3M 15.3× — +15.35% (above 0%: growing) +127.78% (above 0%: growing) +538.43% (above 0%: growing) 46.07% 0.00% Compare
FNWD Finward Bancorp $188.2M 19.0× 16.5× +0.43% (above 0%: growing) −2.00% (below 0%: shrinking) +0.22% (above 0%: growing) 69.03% 0.00% Compare
SBFG SB Financial Group, Inc. $179.2M 10.7× 11.9× +9.21% (above 0%: growing) 0.00% −28.66% (below 0%: shrinking) 71.79% 0.00% Compare
Median of peers $198.4M 13.7× 11.9× +10.12% +11.37% +117.66% 71.09% 0.00%

All 327 Banks Regional stocks →

Pay and ownership Proxy statement filed 6 April 2026

Ownership

Directors and executive officers, together 14.06%
Fourthstone, LLC 9.44%
Strategic Value Bank Partners, LLC 5.48%
Christopher J. Annas 5.31%
Meridian Bank Employee Stock Ownership Plan 5.21%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Meridian Bank (MRBK) Latest News

30 Oct

Impact 3 · · GlobeNewswire

27 Oct

Impact 3 · · Zacks

15 Oct

Impact 3 · · Zacks

30 Jul

Impact 3 ·

4 May

Impact 4 · · GlobeNewswire

25 Apr

Impact 3 · · Simply Wall St.
Impact 3 · · Zacks
Impact 3 · earnings

23 Apr

Impact 4 · · GlobeNewswire
Impact 3 · · Zacks

10 Feb

Impact 4 · · ZacksZacksZacksZacksZacksZacksZacks

4 Feb

Impact 3 · · Zacks

3 Feb

Impact 4 · · Zacks
Impact 3 · · Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.

29 Jan

Impact 4 · · Zacks
Impact 3 · · GlobeNewswire

22 Dec

Impact 3 · · ZacksZacksZacksZacksZacksZacksZacksZacks

6 Dec

Impact 4 · · Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.Simply Wall St.

3 Dec

Impact 3 · · ZacksZacksZacksZacksZacksZacksZacksZacks

17 Nov

Impact 3 · · ZacksSimply Wall St.ZacksZacksZacksZacksZacks

25 Oct

Impact 4 · · Simply Wall St.

23 Oct

Impact 3 · · GlobeNewswire

21 Sep

Impact 4 · · Simply Wall St.

11 Aug

Impact 4 ·

24 Jul

Impact 3 · · GlobeNewswire earnings

27 Apr

Impact 3 ·

9 Mar

Impact 3 · · Simply Wall St.

20 Feb

Impact 4 · · Zacks

17 Feb

Impact 4 · · Zacks

7 Feb

Impact 4 ·
stockrow.com/MRBK · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com