Meridian Bank Forecasted to Post FY2017 Earnings of $0.85 Per Share (MRBK)
Meridian Bank (NASDAQ:MRBK) – Investment analysts at DA Davidson issued their FY2017 earnings per share estimates for shares of Meridian Bank in a research report issued on Monday. DA Davidson analyst R. Gunther forecasts that the company will post earnings of $0.85 per share for the year. DA Davidson has a “Buy” rating and a $22.00 price target on the stock. DA Davidson also issued estimates for Meridian Bank’s Q4 2017 earnings at $0.33 EPS, Q1 2018 earnings at $0.26 EPS, Q2 2018 earnings at $0.33 EPS, Q3 2018 earnings at $0.38 EPS, Q4 2018 earnings at $0.33 EPS, FY2018 earnings at $1.30 EPS, Q1 2019 earnings at $0.27 EPS, Q2 2019 earnings at $0.43 EPS, Q3 2019 earnings at $0.46 EPS and FY2019 earnings at $1.50 EPS.
Separately, Sandler O’Neill began coverage on Meridian Bank in a report on Monday. They issued a “buy” rating for the company.
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