Partnership aims to improve access to doula care and address the cultural needs of Medicaid members during pregnancy and postpartum DETROIT, Sept. 19, 2024 /PRNewswire/ -- Meridian, a leading managed care organization in the state of Michigan and a Centene Corporation company (NYSE: CNC), has partnered with Mae, a culturally responsive digital solution built to address the specific clinical, social and cultural needs of underserved expectant mothers, to provide supplementary support for the maternal health ...

9 c MERIDIAN CORPORATION AND SUBSIDIARIES APPENDIX: NON-GAAP MEASURES (Unaudited) (Dollar amounts and shares in thousands, except per share amounts) Meridian believes that non-GAAP measures are meaningful because they reflect adjustments commonly made by management, investors, regulators and analysts. The non-GAAP disclosure have limitations as an analytical tool, should not be viewed as a substitute for performance and financial condition measures determined in accordance with GAAP, and should not be consi ...

Meridian Bank, which belongs to the Zacks Banks - Northeast industry, posted revenues of $26.09 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 2.03%. This compares to year-ago revenues of $26.22 million. The company has topped consensus revenue estimates three times over the last four quarters. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely ...

Christopher J. Annas, Chairman and CEO commented: Income Statement - Second Quarter 2024 Compared to First Quarter 2024 Average total loans, excluding residential loans for sale, increased $28.5 million resulting in an increase in interest income of $517 thousand. The largest drivers of this increase were commercial, commercial real estate, and small business loans which on a combined basis increased $36.0 million on average, partially offset by a decrease in average leases of $13.2 million. Home equity, re ...

Meridian Bank, the wholly owned subsidiary of Meridian Corporation, is an innovative community bank serving Pennsylvania, New Jersey, Delaware and Maryland. Through its 17 offices, including banking branches and mortgage locations, Meridian offers a full suite of financial products and services. Meridian specializes in business and industrial lending, retail and commercial real estate lending, electronic payments, and wealth management solutions through Meridian Wealth Partners. Meridian also offers a broad ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 000-55983 (Exact name of registrant as specified in its charter) Pennsylvania 83-1561918 (S ...

MALVERN, Pa., May 08, 2024 (GLOBE NEWSWIRE) -- Meridian Bank announced the appointment of Christopher E. McDermott to the position of Senior Vice President, Commercial Lending. He'll join other members of the Meridian Commercial Lending Team in serving business customers in Bucks and Montgomery Counties. Chris began his long banking career right out of high school. He started as a clerk at Girard Bank and advanced through that organization while he simultaneously earned his degree in finance from LaSalle Co ...

Meridian Bank (MRBK) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.35%. A quarter ago, it was expected that this company would post earnings of $0.30 per share when it actually produced earnings of $0.05, delivering a surprise of -83.33%.Over the last four quarters, the company ha ...

Exhibit 99.1 Meridian Corporation Reports First Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common Share. MALVERN, PA., April 26, 2024 — Meridian Corporation (Nasdaq: MRBK) today reported: | | | | Three Months Ended | | | | | --- | --- | --- | --- | --- | --- | --- | | | March 31, | | December 31, | | March 31, | | | (Dollars in thousands, except per share data)((Unaudited) | 2024 | | 2023 | | 2023 | | | Income: | | | | | | | | Net income | $ | 2,676 | $ | 571 | $ | 4,021 | | Dilut ...

MALVERN, Pa., April 26, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported:  Three Months Ended (Dollars in thousands, except per share data)((Unaudited)March 31,2024 December 31,2023 March 31,2023 Income:       Net income$2,676 $571 $4,021 Diluted earnings per common share$0.24 $0.05 $0.34 Pre-tax, pre-provision income (1)$6,419 $5,356 $6,526 Pre-tax, pre-provision income - Bank (1)$6,406 $5,757 $8,358 (1) See Non-GAAP reconciliation in the Appendix       Commercial loans, excluding ...