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MRBK - Meridian Corp.: Earnings Trend To Depend On Mortgage Banking Normalization
September, 02 2021 05:51 AM
Meridian Corporation
The impending normalization of mortgage banking income will reduce earnings in the coming quarters. Loans will likely continue to grow strongly on the back of the economic recovery in Meridian’s markets. Next year’s target price is quite close to the current market price. Further, Meridian is offering a low dividend yield (excluding special dividends). For further details see:
Meridian Corp.: Earnings Trend To Depend On Mortgage Banking Normalization
Stock Information
Company Name:
Meridian Corporation
Stock Symbol:
MRBK
Market:
NASDAQ
Website:
meridianbanker.com
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