Meridian Corporation (MRBK)

USD 14.57

(-3.89%)

Market Cap (In USD)

163.76 Million

Revenue (In USD)

94.09 Million

Net Income (In USD)

13.24 Million

Avg. Volume

16.16 Thousand

Currency
USD
Country
Financial Services
Open
-
Prev. Close
-
Day Range
-
Year Range
8.255-17.33
PE
-
EPS
-
Beta Value
0.728
ISIN
US58958P1049
CUSIP
58958P104
CIK
1750735
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Financial Services
Industry
Banks - Regional
CEO
Mr. Christopher J. Annas
Employee Count
-
Website
https://www.meridianbanker.com
Ipo Date
2017-11-07
Details
Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, and shared national credits; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title and land settlement services. In addition, the company operates and originates mortgage loans for 1-4 family dwellings; and offers real estate holding, investment advisory, and equipment leasing services. It operates through a network of 6 full-service branches, and 19 other offices. The company was founded in 2004 and is headquartered in Malvern, Pennsylvania.