Meridian Corp
Research Meridian Corp (MRBK) on Bullrun: valuation model: 20.8% undervalued, market cap USD 233.11M, P/E 10.7, dividend yield 2.8%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMRBK
- ExchangeNASDAQ
- CountryUnited States
- SectorFinancial Services
- IndustryBanks-Regional
- CurrencyUSD
- Valuation signal20.8% undervalued
- Market capUSD 233.11M
- P/E10.7
- Dividend yield2.8%
- Financial periodQ2 2026
- RevenueUSD 32.67M
- Net incomeUSD 5.81M
- Free cash flow-USD 1.40M
Valuation Snapshot
Bullrun's latest valuation model marks Meridian Corp as 20.8% undervalued; latest market cap is USD 233.11M; P/E is 10.7; dividend yield is 2.8%.
Peer valuation comparison
Latest P/E is 10.69x versus a Financial Services sector median of 13.84x (22.8% below).
Latest dividend yield is 2.82% versus a Financial Services sector median of 3.86% (26.8% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 6.32M | USD 21.80M | USD 22.57M | n/a | 1.89 | USD 35.78M | USD 106.74M | USD 199.72M |
| FY2024 | USD 5.74M | USD 16.30M | USD 9.03M | n/a | 1.45 | USD 27.46M | USD 98.63M | USD 171.52M |
| FY2023 | USD 4.93M | USD 13.20M | USD 17.03M | n/a | 1.16 | USD 56.70M | USD 141.22M | USD 158.02M |
| FY2022 | USD 4.73M | USD 21.83M | USD 81.76M | n/a | 1.79 | USD 38.39M | USD 122.08M | USD 153.28M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 233.11M | 10.7 | 2.8% | 0.55 |
| 2025 | 2025-12-31 | USD 205.52M | 9.3 | 3.0% | 0.52 |
| 2024 | 2024-12-31 | USD 154.10M | 9.5 | 3.8% | 0.52 |
| 2023 | 2023-12-29 | USD 155.37M | 9.3 | 3.7% | 0.52 |
| 2022 | 2022-12-30 | USD 175.76M | 7.5 | 5.9% | 0.9 |
| 2021 | 2021-12-31 | USD 224.65M | 6.4 | 4.2% | 0.78 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.55 USD, yield 2.8%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.5 USD |
| FY2024 | 0.5 USD |
| FY2023 | 0.5 USD |
| FY2022 | 0.9 USD |
About Meridian Corp
Meridian Corporation operates as the bank holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Maryland, and Florida. It provides various deposit products, such as demand non-interest and interest bearing, savings, and money market accounts, as well as time deposits.
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Frequently asked questions
Is Meridian Corp overvalued or undervalued?
Bullrun's valuation model currently marks Meridian Corp as 20.8% undervalued.
What is Meridian Corp's market cap?
Meridian Corp's market capitalization is USD 233.11M.
What is Meridian Corp's P/E ratio?
Meridian Corp's price-to-earnings (P/E) ratio is 10.7.
Does Meridian Corp pay a dividend?
Meridian Corp has a dividend yield of 2.8%.
What does Meridian Corp do?
Meridian Corporation operates as the bank holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Maryland, and Florida. It provides various deposit products, such as demand non-interest and interest bearing, savings, and money market accounts, as well as time deposits.