Meridian Corporation (MRBK) Stock

Meridian Corporation (MRBK) is a Financials stock trading at $19.85 (as of 2026-08-21), with a market capitalization of $236.79M and a trailing P/E of 10.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Insufficient information to comply with the requirement to base the description on Meridian Corporation’s SEC 10-K Item 1 “Business” text. Please provide the relevant 10-K “Business” section so I can produce a 1–2 sentence, ~45-word description grounded in that primary source.

Understand Meridian Corporation: how it makes money

Meridian Corporation is a bank holding company for Meridian Bank, providing deposit products and commercial lending (including business lines of credit, term loans, and construction and SBA-related loans), and it earns money from its banking products and lending activities.

The bank segment’s profit signal is the small amount of Pre-Tax Pre-Provision Income - Bank Segment (0.01), and the key swing factor is credit quality, reflected in Non-Performing Assets of 0.04 alongside sizable Construction Loans (0.26) and Small Business Administration Loans (0.14).

Revenue by segment (latest quarter)
Bank$0.0B
Wealth$0.0B
Mortgage$0.0B

Business quality (Strong): Useful operating detail is limited to selected pre-provision and credit-quality indicators (revenue shown as 0.0B, and gross margin is not provided). Still, the available credit metrics and loan mix help frame the profit risks for the bank.

Valuation: At 10× earnings, MRBK trades 18% below the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Some bank operating profitability before credit costs: Pre-Tax Pre-Provision Income - Bank Segment is 0.01 for the latest period, indicating positive performance before provisions.
  • Presence of SBA loan activity, including loans sold: Small Business Administration Loans Sold is 0.01, suggesting some SBA lending is processed through sales.

Bear case

  • Credit quality is a concern: Non-Performing Assets are 0.04, which can pressure results through higher credit losses.
  • Concentration in higher-risk loan categories: Construction Loans are 0.26 and Small Business Administration Loans are 0.14, increasing sensitivity to stress in those segments.
  • Other segments appear immaterial in the provided metrics: Pre-Tax Pre-Provision Income - Wealth Segment and Pre-Tax Pre-Provision Income - Mortgage Segment are shown as 0.0, limiting diversification in this snapshot.
Valuation — source: SEC EDGAR (first-party)
Price$19.85
Market Cap$236.79M
P/E Ratio10.9
EV / EBITDA12.3
Price / Book1.16
Price / Sales35.22
FCF Yield7.9%
DCF Value (model)$25.18
DCF Upside vs Price26.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$6.32M
Net Margin345.7%
Revenue Growth (YoY)14.3%
EPS Growth (YoY)-2.0%
FCF Growth (YoY)-89.0%
Valuation vs Sector & Industry
Stock P/E10.9
Sector P/E (Financials)15.1
Industry P/E (Banking)13.0
vs Sector-27.6%
vs Industry-15.7%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderFourthstone LLC ($22.28M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOChristopher J. Annas
Employees322
CountryUS
IPO Date2017-11-07

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

  • Ames National Corporation (ATLO)
  • LCNB Corp. (LCNB)
  • Hawthorn Bancshares, Inc. (HWBK)
  • National Bankshares, Inc. (NKSH)
  • Virginia National Bankshares Corporation (VABK)
  • Community Bancorp (CMTV)
  • CF Bankshares Inc. (CFBK)
  • Landmark Bancorp, Inc. (LARK)
MRBK earnings history · MRBK institutional & insider holders · MRBK KPIs & operating metrics · MRBK financials · MRBK investor presentations & press releases · MRBK SEC filings · MRBK peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.