Company Overview - Meridian Bank (MRBK) is expected to report a year-over-year increase in earnings, with a projected EPS of $0.34, reflecting a significant change of +580% [3] - Revenues are anticipated to reach $26.74 million, which is a 6.7% increase from the previous year [3] Earnings Expectations - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4] - The Earnings ESP for Meridian Bank is -7.46%, suggesting a bearish outlook from analysts regarding the company's earnings prospects [10] Historical Performance - In the last reported quarter, Meridian Bank exceeded the expected EPS of $0.35 by delivering $0.42, resulting in a surprise of +20% [12] - Over the past four quarters, the company has beaten consensus EPS estimates two times [13] Comparative Analysis - First Mid Bancshares (FMBH), another player in the Zacks Banks - Northeast industry, is expected to report an EPS of $0.82, which represents a year-over-year decline of -12.8% [17] - FMBH's revenues are projected to be $81.65 million, up 3.1% from the previous year [17] - The consensus EPS estimate for FMBH has been revised up by 0.7% over the last 30 days, but it currently has an Earnings ESP of -2.74% [18]
Meridian Bank (MRBK) to Report Q4 Results: Wall Street Expects Earnings Growth