Core Viewpoint - Meridian Bank (MRBK) is currently considered a strong value stock due to its favorable valuation metrics and earnings outlook [4][8]. Valuation Metrics - MRBK has a Forward P/E ratio of 8.06, significantly lower than the industry average of 12.42, indicating potential undervaluation [4]. - The P/B ratio for MRBK is 0.98, compared to the industry's average of 1.46, suggesting that the stock is trading below its book value [5]. - MRBK's P/S ratio stands at 0.85, while the industry average is 1.94, further supporting the notion of undervaluation [6]. - The P/CF ratio for MRBK is 8.84, in contrast to the industry's average of 27.97, highlighting a solid cash flow outlook [7]. Investment Outlook - Given the combination of MRBK's strong earnings outlook and its attractive valuation metrics, it is positioned as a compelling investment opportunity for value investors [8].

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 September 30, 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 83-156191 ...

Core Viewpoint - Wall Street anticipates flat earnings for Meridian Bank in the upcoming quarter, with a consensus EPS estimate of $0.35, unchanged from the previous year, while revenues are expected to rise by 5% to $26.57 million [2][6]. Group 1: Earnings Estimates - The consensus EPS estimate for Meridian Bank has remained unchanged over the last 30 days, indicating stability in analyst expectations [3]. - Meridian Bank's Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +2.86%, suggesting a bullish outlook from analysts [6][7]. Group 2: Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [5]. - Meridian Bank currently holds a Zacks Rank of 2, reinforcing the likelihood of beating the consensus EPS estimate [7]. Group 3: Historical Performance - In the last reported quarter, Meridian Bank was expected to post earnings of $0.32 per share but delivered only $0.30, resulting in a surprise of -6.25% [8]. - Over the past four quarters, Meridian Bank has only beaten consensus EPS estimates once, indicating a mixed historical performance [8]. Group 4: Market Context - The Bancorp, a peer in the Zacks Banks - Northeast industry, is expected to report earnings of $1.12 per share, reflecting a year-over-year increase of +21.7%, with revenues projected to rise by 13.6% to $131.34 million [10]. - The Bancorp's recent EPS estimate has been revised down by 2.5%, and it currently has an Earnings ESP of 0.00% combined with a Zacks Rank of 4 (Sell), making it difficult to predict an earnings beat [10].

Group 1 - Meridian Corporation (NASDAQ: MRBK) is expected to see a significant increase in earnings due to anticipated interest rate cuts, which will enhance mortgage banking income [1] - Healthy loan growth is projected to further support the company's bottom line [1] - Earnings growth is forecasted at 16%, reaching $1.35 per share [1]

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 ...