MRBK
Meridian Corporation
NasdaqGSUSDEQUITY
Financial Services
DELAYED
Neutral
-2/100
Last price
18.61
▼ 0.20 (1.06%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
18.75
Prev close
18.81
Day high
18.75
Day low
18.59
Volume
14.34K
Market cap
$222.00M
P/E (TTM)
10.17
52W range
13.81 – 21.67
Day trading desk
Gap from prior close
-0.32%
Prior close 18.81
VWAP
18.65
-0.20% from price
Relative volume
0.15×
Quiet session
Session range
0.87%
18.59 – 18.75
Position in range
13%
Near session low
ATR (14D)
0.41
2.18% of price
Prior day high
19.23
PDH
Prior day low
18.81
PDL
Bid / ask spread
—
Quote not published
Session volume
13.80K
Avg 92.33K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-1.12%
-2.7%
1M
-5.49%
-6.6%
3M
-4.56%
-7.6%
6M
-7.46%
-22.0%
YTD
+5.86%
-7.7%
1Y
+22.60%
+7.3%
3Y
+87.41%
+6.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on MRBK open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
2.45M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jun 12, 26 | WARRINER KENNETH THOMAS Director |
STOCK | 50 | $998 | Direct |
| Jun 8, 26 | ANNAS CHRISTOPHER J Chief Executive Officer |
CONVERSION | 42.00K | $320.04K | Direct |
| May 13, 26 | IMBESI ANTHONY MARK Director |
BUY | 1.00K | $17.38K | Direct |
| May 11, 26 | WARRINER KENNETH THOMAS Director |
BUY | 1.00K | $18.00K | Direct |
| May 7, 26 | HOLLAND ROBERT T Director |
CONVERSION | 10.50K | $80.01K | Direct |
| Apr 30, 26 | WARRINER KENNETH THOMAS Director |
BUY | 1.00K | $18.41K | Direct |
| Apr 29, 26 | HOLLIN EDWARD J. Director |
CONVERSION | 600 | $7.82K | Direct |
| Mar 13, 26 | MARTINDELL CLARENCE ADDIS Officer |
CONVERSION | 4.00K | $38.00K | Direct |
| Mar 6, 26 | COLLIER GEORGE C III Director |
CONVERSION | 1.60K | $17.96K | Direct |
| Aug 27, 25 | IMBESI ANTHONY MARK Director |
BUY | 522 | $8.21K | Direct |
| Aug 8, 25 | LINDSAY DENISE Chief Financial Officer |
CONVERSION | 5.00K | $42.50K | Direct |
| Aug 7, 25 | COLLIER GEORGE C III Director |
CONVERSION | 10.50K | $80.01K | Direct |
| Aug 1, 25 | HOLLIN EDWARD J. Director |
CONVERSION | 400 | $3.52K | Direct |
| May 19, 25 | HOLLAND ROBERT T Director |
BUY | 608 | $8.70K |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
ANNAS CHRISTOPHER J |
Chief Executive Officer | 393.87K | Conversion of Exercise of derivative security |
CASCIATO ROBERT M |
Director | 215.40K | Purchase |
COLLIER GEORGE C III |
Director | 67.64K | Conversion of Exercise of derivative security |
HOLLAND ROBERT T |
Director | 88.05K | Conversion of Exercise of derivative security |
HOLLIN EDWARD J. |
Director | 51.63K | Conversion of Exercise of derivative security |
IMBESI ANTHONY MARK |
Director | 386.16K | Purchase |
LINDSAY DENISE |
Chief Financial Officer | 93.60K | Conversion of Exercise of derivative security |
MARTINDELL CLARENCE ADDIS |
Officer | 20.97K | Conversion of Exercise of derivative security |
WARRINER KENNETH THOMAS |
Director | 3.05K | Stock Award(Grant) |
Fundamentals
Market cap$222.00M
Enterprise value$345.82M
Revenue (TTM)$113.63M
Gross profit$113.63M
EBITDA—
Net income$21.66M
EPS (TTM)$1.83
Free cash flow—
Total cash$38.06M
Total debt$159.50M
Book value / share$17.18
Shares outstanding11.93M
Float9.76M
Short % of float2.44%
Dividend yield2.98%
Beta (5Y)0.64
Valuation & profitability ratios
Trailing P/E10.17
Forward P/E8.35
PEG ratio1.58
Price / sales—
Price / book1.08
EV / revenue3.04
EV / EBITDA—
Gross margin0.00%
Operating margin25.18%
Profit margin19.06%
Return on equity11.31%
Return on assets0.85%
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $126.86M | $112.33M | $100.91M | $111.85M | +12.9% |
| Operating revenue | $126.86M | $112.33M | $100.91M | $111.85M | +12.9% |
| Selling, general & admin | $55.16M | $50.56M | $51.11M | $59.96M | +9.1% |
| Pre-tax income | $28.40M | $21.79M | $16.97M | $27.92M | +30.4% |
| Tax provision | $6.57M | $5.44M | $3.72M | $6.09M | +20.7% |
| Net income | $21.84M | $16.35M | $13.24M | $21.83M | +33.6% |
| Net income to common | $21.84M | $16.35M | $13.24M | $21.83M | +33.6% |
| Basic EPS | 1.93 | 1.47 | 1.19 | 1.85 | +31.3% |
| Diluted EPS | 1.89 | 1.45 | 1.16 | 1.79 | +30.3% |
| Basic shares | 11.33M | 11.11M | 11.12M | 11.79M | +1.9% |
| Diluted shares | 11.54M | 11.24M | 11.39M | 12.20M | +2.6% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $35.78M | $27.46M | $56.70M | $38.39M | +30.3% |
| Accounts receivable | $10.72M | $9.96M | $9.32M | $7.36M | +7.7% |
| Property, plant & equipment | $12.40M | $12.15M | $13.56M | $13.35M | +2.1% |
| Goodwill & intangibles | $3.46M | $3.67M | $3.87M | $4.07M | -5.6% |
| Total assets | $2.56B | $2.39B | $2.25B | $2.06B | +7.4% |
| Current debt | $1.50M | $5.00M | $0 | — | -70.0% |
| Long-term debt | $49.85M | $49.74M | $49.84M | $40.35M | +0.2% |
| Total debt | $51.35M | $54.74M | $49.84M | $40.35M | -6.2% |
| Total liabilities | $2.36B | $2.21B | $2.09B | $1.91B | +6.7% |
| Retained earnings | $128.12M | $111.96M | $101.22M | $95.81M | +14.4% |
| Shareholder equity | $199.72M | $171.52M | $158.02M | $153.28M | +16.4% |
| Net tangible assets | $196.25M | $167.86M | $154.15M | $149.21M | +16.9% |
| Shares issued | 13.83M | 13.24M | 13.19M | 13.16M | +4.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | $21.84M | $16.35M | $13.24M | $21.83M | — | +33.6% |
| Depreciation & amortisation | -$821.00K | $2.30M | $2.48M | $1.08M | — | -135.7% |
| Stock-based compensation | $1.19M | $976.00K | $1.17M | $1.48M | — | +21.8% |
| Change in working capital | -$4.84M | -$9.42M | $2.67M | -$2.44M | — | +48.6% |
| Operating cash flow | $24.30M | $9.60M | $18.85M | $84.67M | — | +153.2% |
| Capital expenditure | -$1.73M | -$568.00K | -$1.82M | -$2.91M | — | -204.9% |
| Investing cash flow | -$163.90M | -$165.00M | -$164.19M | -$393.15M | — | +0.7% |
| Share buybacks | — | $0 | -$4.26M | -$12.96M | -$3.03M | — |
| Dividends paid | -$5.67M | -$5.60M | -$5.61M | -$10.93M | — | -1.3% |
| Financing cash flow | $147.92M | $126.16M | $163.64M | $323.39M | — | +17.2% |
| Free cash flow | $22.57M | $9.03M | $17.03M | $81.76M | — | +149.9% |
| End cash position | $35.78M | $27.46M | $56.70M | $38.39M | — | +30.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $32.67M | $30.24M | $34.24M | $33.07M | $32.45M | +8.1% |
| Operating revenue | $32.67M | $30.24M | $34.24M | $33.07M | $32.45M | +8.1% |
| Selling, general & admin | $14.51M | $13.08M | $14.05M | $14.49M | $14.46M | +10.9% |
| Pre-tax income | $7.48M | $2.59M | $9.30M | $8.67M | $7.29M | +189.0% |
| Tax provision | $1.67M | $582.00K | $2.11M | $2.01M | $1.70M | +187.3% |
| Net income | $5.81M | $2.01M | $7.19M | $6.66M | $5.59M | +189.5% |
| Net income to common | $5.81M | $2.01M | $7.19M | $6.66M | $5.59M | +189.5% |
| Basic EPS | 0.49 | 0.17 | 0.62 | 0.59 | 0.50 | +188.2% |
| Diluted EPS | 0.48 | 0.17 | 0.61 | 0.58 | 0.49 | +182.4% |
| Basic shares | 11.86M | 11.81M | 11.54M | 11.32M | 11.23M | +0.4% |
| Diluted shares | 12.17M | 12.15M | 11.77M | 11.54M | 11.39M | +0.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $36.21M | $28.27M | $35.78M | $39.99M | $50.17M | +28.1% |
| Accounts receivable | $10.68M | $11.02M | $10.72M | $10.94M | $10.33M | -3.0% |
| Property, plant & equipment | $12.44M | $12.30M | $12.40M | $12.41M | $12.32M | +1.1% |
| Goodwill & intangibles | $3.36M | $3.41M | $3.46M | $3.51M | $3.56M | -1.5% |
| Total assets | $2.59B | $2.58B | $2.56B | $2.54B | $2.51B | +0.6% |
| Current debt | $108.03M | $120.84M | $1.50M | $126.67M | — | -10.6% |
| Long-term debt | $49.70M | $49.67M | $49.85M | $60.42M | $188.76M | +0.1% |
| Total debt | $157.74M | $170.51M | $51.35M | $187.09M | $188.76M | -7.5% |
| Total liabilities | $2.39B | $2.38B | $2.36B | $2.35B | $2.33B | +0.5% |
| Retained earnings | $132.61M | $128.47M | $128.12M | $122.38M | $117.13M | +3.2% |
| Shareholder equity | $204.81M | $200.22M | $199.72M | $188.03M | $178.02M | +2.3% |
| Net tangible assets | $201.45M | $196.81M | $196.25M | $184.52M | $174.46M | +2.4% |
| Shares issued | 11.92M | 13.88M | 13.83M | 13.52M | 13.30M | -14.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $5.81M | $2.01M | $7.19M | $6.66M | $5.59M | +189.5% |
| Depreciation & amortisation | $248.00K | $104.00K | -$1.18M | -$251.00K | $334.00K | +138.5% |
| Stock-based compensation | $118.00K | -$32.00K | $913.00K | $102.00K | $56.00K | +468.8% |
| Change in working capital | $6.53M | -$1.46M | -$8.14M | $480.00K | -$3.28M | +547.1% |
| Operating cash flow | -$930.00K | $2.86M | -$6.18M | $24.40M | -$12.04M | -132.5% |
| Capital expenditure | -$469.00K | -$227.00K | -$394.00K | -$448.00K | -$631.00K | -106.6% |
| Investing cash flow | -$1.32M | -$24.45M | -$8.08M | -$55.27M | -$48.72M | +94.6% |
| Dividends paid | -$1.67M | -$1.66M | -$1.44M | -$1.42M | -$1.41M | -0.4% |
| Financing cash flow | $10.19M | $14.08M | $10.05M | $20.68M | -$20.29M | -27.7% |
| Free cash flow | -$1.40M | $2.64M | -$6.57M | $23.96M | -$12.68M | -153.1% |
| End cash position | $36.21M | $28.27M | $35.78M | $39.99M | $50.17M | +28.1% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.51 | 0.48 | -5.9% |
| Mar 2026 | 0.48 | 0.39 | -17.9% |
| Dec 2025 | 0.55 | 0.61 | +11.9% |
| Sep 2025 | — | 0.58 | — |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.46 | 2 | $33.05M | — |
| Next quarter | 0.48 | 2 | $33.52M | -2.1% |
| Current year | 1.63 | 2 | $129.78M | +2.3% |
| Next year | 2.23 | 2 | $140.02M | +7.9% |
Analyst targets & ownership
Mean target$23.00
High target$24.00
Low target$22.00
Implied upside23.59%
Analyst count2
ConsensusSTRONG BUY
Strong buy / Buy1 / 1
Hold0
Sell / Strong sell0 / 0
Held by insiders20.51%
Held by institutions66.85%
Institutions holding151
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
18.94
-1.72% from price
SMA 20
19.19
-3.01% from price
SMA 50
19.50
-4.55% from price
SMA 100
19.35
-3.84% from price
SMA 200
19.15
-2.80% from price
EMA 12
18.96
-1.87% from price
EMA 26
19.18
-2.98% from price
EMA 50
19.34
-3.78% from price
RSI (14)
34.1
Neutral
MACD (12,26,9)
-0.22
Hist -0.04
ATR (14)
0.41
2.18% of price
Realised vol 30D
14.5%
Annualised
Bollinger upper
19.85
20, 2σ
Bollinger lower
18.52
20, 2σ
50 / 200 cross
Golden
19.50 vs 19.15
Trend bias
Below 200
-2.80%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.44
Less volatile than market
Correlation to SPY
0.21
Largely independent
Realised vol 30D
14.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-17.2%
Peak to trough
Max drawdown 5Y
-57.2%
Peak to trough
ATR 14
0.41
2.18% of price
Beta (reported)
0.64
5Y monthly, from filing
Short interest
Shares short
248.44K
Prior 242.81K
Change vs prior
+2.3%
Shorts adding
% of float
2.44%
Normal
% of shares out
2.08%
Against total outstanding
Days to cover
2.8
Liquid
Float
9.76M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| May 5, 26 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| Apr 28, 26 | DA Davidson | MAINTAINED | Buy | Buy |
| Feb 4, 26 | DA Davidson | MAINTAINED | Buy | Buy |
| Feb 3, 26 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| Jul 29, 25 | DA Davidson | MAINTAINED | Buy | Buy |
| Apr 29, 25 | Piper Sandler | MAINTAINED | Neutral | Neutral |
| Apr 29, 25 | DA Davidson | MAINTAINED | Buy | Buy |
| Oct 29, 24 | DA Davidson | MAINTAINED | Buy | Buy |
| Oct 29, 24 | Piper Sandler | MAINTAINED | Neutral | Neutral |
| Jul 30, 24 | Piper Sandler | MAINTAINED | Neutral | Neutral |
| Jan 29, 24 | Piper Sandler | DOWNGRADE | Overweight | Neutral |
| May 4, 23 | Keefe, Bruyette & Woods | MAINTAINED | — | Market Perform |
Dividends & splits
Forward rate$0.56 / yr
Forward yield2.98%
5-year avg yield2.98%
Payout ratio28.96%
Ex-dividend dateAug 10, 2026
Next pay dateAug 17, 2026
Last split2:1
Split dateMar 21, 2023
SEC filings
Periodic Financial Reports
10-Q · 2026-08-07
Corporate Changes & Voting Matters
8-K · 2026-07-30
Corporate Changes & Voting Matters
8-K · 2026-07-23
Corporate Changes & Voting Matters
8-K · 2026-05-29
Periodic Financial Reports
10-Q · 2026-05-11
Corporate Changes & Voting Matters
8-K/A · 2026-05-04
Corporate Changes & Voting Matters
8-K · 2026-04-27
Corporate Changes & Voting Matters
8-K · 2026-04-23
Headlines
Meridian Corp's Dividend Analysis
GuruFocus.com · 58d ago
Meridian Corporation Reports Second Quarter 2026 Results and Announces a Quarterly Dividend of $0.14 per Common Share
GlobeNewswire · 69d ago
First National Corp. (FXNC) Beats Q2 Earnings and Revenue Estimates
Zacks · 70d ago
Chain Bridge Bancorp, Inc. (CBNA) Beats Q2 Earnings and Revenue Estimates
Zacks · 71d ago
Peapack-Gladstone (PGC) Earnings Expected to Grow: Should You Buy?
Zacks · 79d ago
Meridian Bank (MRBK) to Report Q2 Results: Wall Street Expects Earnings Growth
Zacks · 83d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.