Stocks · Financials · National Commercial Banks

Meridian Corp

MRBK Clue Score72
United States Fiscal year ends December CIK 0001750735
$18.64 -0.32% Close, 9 Oct 2026
Price $18.64 −36.14% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 7 Nov 2017. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2017Net income3.0EPS, diluted0.49Fiscal year 2018Net income8.2 +169.2%EPS, diluted1.27Fiscal year 2019Net income10.5 +28.4%EPS, diluted1.63Fiscal year 2020Net income26.4 +152.2%EPS, diluted4.27Fiscal year 2021Net income35.6 +34.6%EPS, diluted2.87Fiscal year 2022Revenue4.7Net income21.8 −38.7%EPS, diluted1.79Fiscal year 2023Revenue4.9 +4.1%Net income13.2 −39.3%EPS, diluted1.16Fiscal year 2024Revenue5.7 +16.4%Net income16.3 +23.4%EPS, diluted1.45Fiscal year 2025Revenue6.3 +10.1%Net income21.8 +33.6%EPS, diluted1.89
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue n/a n/a n/a n/a n/a 4.7 4.9 5.7 6.3
Growth +4.1% +16.4% +10.1%
Net income 3.0 8.2 10.5 26.4 35.6 21.8 13.2 16.3 21.8
Growth +169.2% +28.4% +152.2% +34.6% −38.7% −39.3% +23.4% +33.6%
EPS, diluted 0.49 1.27 1.63 4.27 2.87 1.79 1.16 1.45 1.89

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2017Fiscal year 2018Fiscal year 2019Fiscal year 2020Fiscal year 2021Fiscal year 2022Net margin461.2%Free cash flow margin1,727.5%Fiscal year 2023Net margin268.7%Free cash flow margin345.6%Fiscal year 2024Net margin285.0%Free cash flow margin157.4%Fiscal year 2025Net margin345.7%Free cash flow margin357.3%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin n/a n/a n/a n/a n/a 461.2% 268.7% 285.0% 345.7%
Free cash flow margin n/a n/a n/a n/a n/a 1,727.5% 345.6% 157.4% 357.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow10.5Capital expenditure−2.4Free cash flow8.1Fiscal year 2018Operating cash flow11.0Capital expenditure−1.6Free cash flow9.4 +16.4%Fiscal year 2019Operating cash flow21.6Capital expenditure−0.7Free cash flow20.8 +121.7%Buybacks−0.0Fiscal year 2020Operating cash flow−158.5Capital expenditure−0.7Free cash flow−159.2 −864.6%Buybacks−5.7Dividends paid−1.5Fiscal year 2021Operating cash flow165.1Capital expenditure−5.4Free cash flow159.7Buybacks−3.0Dividends paid−9.7Fiscal year 2022Operating cash flow84.7Capital expenditure−2.9Free cash flow81.8 −48.8%Buybacks−13.0Dividends paid−10.9Fiscal year 2023Operating cash flow18.9Capital expenditure−1.8Free cash flow17.0 −79.2%Buybacks−4.3Dividends paid−5.6Fiscal year 2024Operating cash flow9.6Capital expenditure−0.6Free cash flow9.0 −47.0%Buybacks0.0Dividends paid−5.6Fiscal year 2025Operating cash flow24.3Capital expenditure−1.7Free cash flow22.6 +149.9%Dividends paid−5.7
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 10.5 11.0 21.6 −158.5 165.1 84.7 18.9 9.6 24.3
Capital expenditure −2.4 −1.6 −0.7 −0.7 −5.4 −2.9 −1.8 −0.6 −1.7
Free cash flow 8.1 9.4 20.8 −159.2 159.7 81.8 17.0 9.0 22.6
Growth +16.4% +121.7% −864.6% −48.8% −79.2% −47.0% +149.9%
Buybacks n/a n/a −0.0 −5.7 −3.0 −13.0 −4.3 0.0 n/a
Dividends paid n/a n/a n/a −1.5 −9.7 −10.9 −5.6 −5.6 −5.7

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash35.5Total debt8.9Net cash (debt)26.6Shareholders’ equity101.4Debt to equity0.09Fiscal year 2018Cash24.0Total debt6.2Net cash (debt)17.7Shareholders’ equity109.6Debt to equity0.06Fiscal year 2019Cash39.4Shareholders’ equity120.7Fiscal year 2020Cash36.7Shareholders’ equity141.6Fiscal year 2021Cash23.5Total debt0.0Net cash (debt)23.5Shareholders’ equity165.4Debt to equity0.00Fiscal year 2022Cash38.4Total debt8.9Net cash (debt)29.5Shareholders’ equity153.3Debt to equity0.06Fiscal year 2023Cash56.7Shareholders’ equity158.0Fiscal year 2024Cash27.5Shareholders’ equity171.5Fiscal year 2025Shareholders’ equity199.7
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 35.5 24.0 39.4 36.7 23.5 38.4 56.7 27.5 n/a
Total debt 8.9 6.2 n/a n/a 0.0 8.9 n/a n/a n/a
Net cash (debt) 26.6 17.7 n/a n/a 23.5 29.5 n/a n/a n/a
Shareholders’ equity 101.4 109.6 120.7 141.6 165.4 153.3 158.0 171.5 199.7
Debt to equity 0.09 0.06 n/a n/a 0.00 0.06 n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Dec 2017 FY2018† 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021† 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
10.5 11.0 21.6 −158.5 165.1 84.7 18.9 9.6 24.3
Growth +5.3% +95.5% −834.7% −48.7% −77.7% −49.1% +153.2%
1.0 1.4 1.7 n/a n/a n/a n/a n/a n/a
Investment
−2.4 −1.6 −0.7 −0.7 −5.4 −2.9 −1.8 −0.6 −1.7
calc 8.1 9.4 20.8 −159.2 159.7 81.8 17.0 9.0 22.6
Growth +16.4% +121.7% −864.6% −48.8% −79.2% −47.0% +149.9%
calc 2,140.32 1.46 3.23 −25.73 12.87 6.70 1.50 0.80 1.96
−109.6 −155.6 −143.1 −370.7 −140.5 −393.1 −164.2 −165.0 −163.9
Financing
115.8 133.0 136.9 526.5 −37.9 323.4 163.6 126.2 147.9
n/a n/a n/a −1.5 −9.7 −10.9 −5.6 −5.6 −5.7
n/a n/a −0.0 −5.7 −3.0 −13.0 −4.3 0.0 n/a

† The diluted share count jumps at 2018 and 2021, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.