MRBK: Meridian Corporation - Summary | Jitta

Meridian Corporation

NASDAQ:MRBK

Price
$9.52
Loss Chance
43.6%
5.81JITTA SCORE
79.44%Under Jitta Line
Jitta Ranking
173 / 357
375 / 743
1,600 / 4,938
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (39)
Recent Business Performance (31)
Financial Strength (73)
Return to Shareholders (62)
Competitive Advantage (56)
Jitta Signs
Revenue and EarningConsistent High Growth in the past 3 years
Share RepurchaseEvery Year
CapExVery Low
SG&A to SalesDecreasing
Total DepositConsistent Growth
Net Interest MarginEfficiency
Operating MarginDeclined
Recent Business PerformanceEarning decline 32.28% in the last quarter (yoy)
Loan to DepositAggressive
Key Stats
Jitta Score
Jitta Line
5.81
79.44%
5.66
16.14%
4.84
68.35%
Regional Banks
7.31
64.12%
7.15
55.70%
6.38
60.73%
COMPANY DESCRIPTION
Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Florida, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, shared national credits, and other financing; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title and land settlement services. In addition, the company operates and originates mortgage loans for 1 4 family dwellings; and offers real estate holding, investment advisory, and equipment leasing services, as well as financial planning and wealth management services. The company was incorporated in 2004 and is headquartered in Malvern, Pennsylvania.