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 ...

Meridian Corp (MRBK) shares rallied 6.6% in the last trading session to close at $8.95. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 15.9% loss over the past four weeks.With the U.S. economy showing no signs of slowing down and the Federal Reserve still expected to cut rates this year, banking sector is in the spotlight. Hence, investors are showing optimistic stance on the sector and this is likely to hav ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20429 FORM 10-K Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 000-55983 (Exact name of registrant as specified in its charter) Pennsylvania 83-1561918 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 9 Old Lincoln Highway, Malvern, Pennsylvania 19355 (Address of principal executive offices) (Zip Code) ☒ ANNUAL REPORT PURS ...

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, 2023 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 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (State or other jurisdiction of 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 June 30, 2023 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 char ...

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, 2023 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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20429 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 (State or other jurisdiction of incorporation or organization) Pennsylvania 83-1561918 (I.R.S. Employer Identification No.) 9 Old Lincoln Highway, Malvern, Pennsylvania 19355 (Address of principal executive offices) (Zip Code) (484) 568-5000 (Registrant's telephone number, including area code) Secu ...