Meridian Bank (MRBK) Misses Q1 Earnings and Revenue Estimates

Meridian Bank (MRBK) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -36.36%. A quarter ago, it was expected that this company would post earnings of $0.34 per share when it actually produced earnings of $0.49, delivering a surprise of 44.12%.Over the last four quarters, the company h ...