MRBK
Meridian Corp
NASDAQ · Financial Services · Banks - Regional · US
$17.49
+0.35%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 200.0M | 205.5M | 197.4M | 168.6M | 130.4M |
| Cost of Revenue | 80.1M | 93.8M | 96.4M | 74.5M | 21.1M |
| Gross Profit | 119.9M | 111.7M | 100.9M | 94.1M | 109.4M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 50.8M | 55.2M | 8.1M | 51.1M | 60.0M |
| General & Admin Expense | 48.2M | 51.3M | 4.8M | 47.4M | 55.6M |
| Selling & Marketing Expense | 2.6M | 3.9M | 3.3M | 3.7M | 4.3M |
| Other Expenses | 40.3M | 28.1M | 71.1M | 26.0M | 21.5M |
| Total Operating Expenses | 91.1M | 83.3M | 79.1M | 77.1M | 81.4M |
| Cost and Expenses | 171.2M | 177.1M | 175.6M | 151.6M | 102.5M |
| Operating Income (EBIT) | 28.8M | 28.4M | 21.8M | 17.0M | 27.9M |
| Non-Operating | |||||
| Interest Income | 165.8M | 166.3M | 156.0M | 136.6M | 88.7M |
| Interest Expense | 72.7M | 78.6M | 85.0M | 67.6M | 18.6M |
| Net Interest Income | 93.1M | 87.7M | 71.0M | 68.9M | 70.1M |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 28.8M | 28.4M | 21.8M | 17.0M | 27.9M |
| Income Tax Expense | 5.9M | 6.6M | 5.4M | 3.7M | 6.1M |
| Bottom Line | |||||
| Net Income | 22.9M | 21.8M | 16.3M | 13.2M | 21.8M |
| Earnings from Cont. Ops | 22.9M | 21.8M | 16.3M | 13.2M | 21.8M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 22.9M | 21.8M | 16.3M | 13.2M | 21.8M |
| Per Share | |||||
| Basic EPS | $1.95 | $1.93 | $1.47 | $1.19 | $1.85 |
| Diluted EPS | $1.91 | $1.89 | $1.45 | $1.16 | $1.79 |
| Revenue Per Share | $16.81 | $18.14 | $17.76 | $15.16 | $11.06 |
| Shares | |||||
| Basic Shares Outstanding | 11.9M | 11.3M | 11.1M | 11.1M | 11.8M |
| Diluted Shares Outstanding | 12.2M | 11.5M | 11.2M | 11.4M | 12.2M |
| Profitability Metrics | |||||
| EBITDA | 28.0M | 28.4M | 24.1M | 19.4M | 29.0M |
| D&A | (820.0K) | 123.0K | 2.3M | 2.5M | 1.1M |
| EBIT | 28.8M | 28.4M | 21.8M | 17.0M | 27.9M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026