Meridian Corporation: Rate Cuts To Boost Mortgage Banking Income
Meridian (US:MRBK) Seeking Alphaยท2024-10-17 03:45Group 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]