MRBK News and Press, Meridian Corporation From 10/27/23

2023-10-27 14:23:37 ET More on Meridian Bank Meridian Corporation: Mortgage Banking Business Will Drag The Bottom Line (Rating Downgrade) Seeking Alpha’s Quant Rating on Meridian Bank Historical earnings data for Meridian Bank Dividend scorecard for Me...

MALVERN, Pa., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Meridian Bank (Nasdaq: MRBK) announced the retirement of Joseph Cafarchio, Chief Credit Officer, effective October 13, 2023. Mr. Cafarchio has served in the position since Meridian’s inception in 2004. Prior to joining Meridian, Joe had...

2023-08-16 21:24:32 ET Summary Mortgage banking income will likely remain low because of the rising rate environment. This line item will likely be the biggest contributor to an earnings decline. The top line is also likely to decline because of margin pressure. The December 2...

2023-07-28 15:01:13 ET Meridian Bank press release ( NASDAQ: MRBK ): Q2 GAAP EPS of $0.41. Revenue of $43M (+41.4% Y/Y). For further details see: Meridian Bank GAAP EPS of $0.41, revenue of $43M

MALVERN, Pa., July 28, 2023 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported: Net income of $4.6 million and diluted earnings per share of $0.41 for the second quarter ended June 30, 2023. Return on average assets and return on average equity for the second quart...

2023-05-03 16:45:04 ET Summary We continue our extensive coverage of regional banks looking for signs of a run on deposits and decreased loan demand. Smaller regional banks seem to be holding up well, though commercial loan risk is noted. Meridian Corporation Q1 earnings were ...

2023-05-02 16:58:05 ET Meridian Bank press release ( NASDAQ: MRBK ): Q1 GAAP EPS of $0.34 beats by $0.02 . Revenue of $24.32M (-16.5% Y/Y) misses by $1.48M . For further details see: Meridian Bank GAAP EPS of $0.34 beats by $0.02, revenue of $24.32M misse...

2023-05-02 15:15:48 ET Meridian Bank press release ( NASDAQ: MRBK ): Q1 GAAP EPS of $0.34 beats by $0.02 . For further details see: Meridian Bank GAAP EPS of $0.34 beats by $0.02

2023-05-02 14:41:01 ET Meridian Bank ( NASDAQ: MRBK ) declares $0.125/share quarterly dividend , -50% decrease from prior dividend of $0.250. Forward yield 5.91% Payable May 22; for shareholders of record May 15; ex-div May 12. See MRBK Dividend Scorecard...

MALVERN, Pa., May 02, 2023 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported: Net income of $4.0 million and diluted earnings per share of $0.34 for the first quarter ended March 31, 2023. Return on average assets and return on average equity for the first quarter...