Meridian Bank (MRBK) Projected to Post Earnings on Thursday

Meridian Bank (NASDAQ:MRBK) is expected to be announcing its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect the company to announce earnings of $0.51 per share and revenue of $34.3060 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Friday, July 24, 2026 at 4:00 PM ET.

Meridian Bank (NASDAQ:MRBK) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.09). The business had revenue of $30.24 million for 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 Stock Up 1.1%

Shares of Meridian Bank stock opened at $20.22 on Thursday. The stock has a 50-day moving average price of $18.84 and a 200 day moving average price of $19.00. The company has a market cap of $240.42 million, a P/E ratio of 9.77 and a beta of 0.65. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.25. Meridian Bank has a 1 year low of $13.65 and a 1 year high of $21.67.

Meridian Bank Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Meridian Bank

Institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC increased its stake in shares of Meridian Bank by 110.9% during the 2nd quarter. Geode Capital Management LLC now owns 212,905 shares of the company’s stock worth $2,745,000 after purchasing an additional 111,939 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Meridian Bank by 99.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 171,765 shares of the company’s stock valued at $2,712,000 after purchasing an additional 85,562 shares during the last quarter. Two Sigma Investments LP acquired a new stake in shares of Meridian Bank in the 3rd quarter valued at $1,308,000. Fourthstone LLC lifted its stake in shares of Meridian Bank by 4.6% in the 4th quarter. Fourthstone LLC now owns 1,121,775 shares of the company’s stock valued at $19,721,000 after purchasing an additional 49,561 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in Meridian Bank by 114.1% in the first quarter. Goldman Sachs Group Inc. now owns 83,179 shares of the company’s stock worth $1,198,000 after purchasing an additional 44,332 shares in the last quarter. 58.56% of the stock is currently owned by institutional investors and hedge funds.

About Meridian Bank

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.