Meridian Bank (MRBK) to Post Earnings on Thursday

Meridian Bank (NASDAQ:MRBK) is expected to announce its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect Meridian Bank to announce earnings of $0.51 per share and revenue of $34.3060 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Friday, July 31, 2026 at 4:00 PM ET.

Meridian Bank (NASDAQ:MRBK) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.09). The company had revenue of $30.24 million during the quarter, compared to analyst estimates of $31.79 million. Meridian Bank had a net margin of 11.68% and a return on equity of 12.61%. On average, analysts expect Meridian Bank to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Meridian Bank Price Performance

Meridian Bank stock opened at $20.27 on Wednesday. The stock’s 50 day moving average is $19.04 and its 200 day moving average is $19.07. Meridian Bank has a one year low of $13.81 and a one year high of $21.67. The firm has a market cap of $241.01 million, a P/E ratio of 9.79 and a beta of 0.65. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.97 and a quick ratio of 0.96.

Meridian Bank Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were given a dividend of $0.14 per share. The ex-dividend date was Monday, May 4th. This represents a $0.56 annualized dividend and a dividend yield of 2.8%. Meridian Bank’s dividend payout ratio is 27.05%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. DA Davidson increased their price target on Meridian Bank from $22.00 to $23.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Piper Sandler set a $21.00 target price on Meridian Bank and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Zacks Research downgraded Meridian Bank from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 29th. Weiss Ratings downgraded shares of Meridian Bank from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday. Finally, Wall Street Zen lowered Meridian Bank from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Three research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.00.

Hedge Funds Weigh In On Meridian Bank

Several hedge funds have recently made changes to their positions in MRBK. BNP Paribas Financial Markets grew its stake in Meridian Bank by 125.9% during the third quarter. BNP Paribas Financial Markets now owns 4,183 shares of the company’s stock valued at $66,000 after acquiring an additional 2,331 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Meridian Bank by 26,887.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,318 shares of the company’s stock valued at $56,000 after purchasing an additional 4,302 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of Meridian Bank during the 2nd quarter valued at $64,000. Bank of America Corp DE grew its position in shares of Meridian Bank by 166.6% during the 2nd quarter. Bank of America Corp DE now owns 6,103 shares of the company’s stock valued at $79,000 after purchasing an additional 3,814 shares in the last quarter. Finally, Maltese Capital Management LLC purchased a new position in shares of Meridian Bank during the 3rd quarter valued at $126,000. 58.56% of the stock is currently owned by hedge funds and other institutional investors.

Meridian Bank Company Profile

Meridian Bank, a Pennsylvania-chartered institution founded in 1993 and headquartered in Philadelphia, operates as a full-service community bank serving the Greater Philadelphia region. As a wholly owned subsidiary of Meridian Bancorp, Inc (NASDAQ: MRBK), the bank maintains a network of branch locations complemented by online and mobile platforms to meet the evolving needs of individual and business customers.

On the consumer side, Meridian Bank offers a comprehensive suite of deposit products, including checking accounts, savings accounts and certificates of deposit, alongside personal lending solutions such as home equity lines of credit, residential mortgage loans and unsecured consumer loans.