MRBK: Meridian Corporation - Summary | Jitta

Meridian Corporation

NASDAQ:MRBK

Price
$27.01
Loss Chance
41.2%
7.06JITTA SCORE
43.55%Under Jitta Line
Jitta Ranking
14 / 328
25 / 737
26 / 4,503
Grow your money with Jitta Ranking. See details.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (69)
Recent Business Performance (87)
Financial Strength (85)
Return to Shareholders (45)
Competitive Advantage (68)
Jitta Signs
Revenue and EarningConsistent High Growth in the past 3 years
Recent Business PerformanceEarning Growth Last Year
SG&A to SalesDecreasing
Total DepositConsistent Growth
Net Interest MarginEfficiency
Loan to DepositVery Aggressive
Key Stats
Jitta Score
Jitta Line
7.06
43.55%
6.43
> 1,000%
5.49
875.45%
Regional Banks
7.94
40.78%
8.42
27.48%
7.51
34.67%
COMPANY DESCRIPTION
Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, 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, and shared national credits; 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 electronic payment and cash management services. It operates through 17 offices. The company was founded in 2004 and is headquartered in Malvern, Pennsylvania.