M

Meridian Corp
D

MRBK

19.640
USD
-0.60
(-2.96%)
Market Closed
Volume
2,373
EPS
2
Div Yield
2.76
P/E
11
Market Cap
233,525,060
Overview
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Title: Meridian Corp

Sector: Financial Services
Industry: Banks - Regional
Meridian Corp is a bank holding company based in the United States. Through its banking subsidiary, it operates as a full-service, state-chartered commercial bank providing personal and business lending and deposit services. It operates inthree reportable segments, including Bank, Wealth, and Mortgage. Meridian generates maximum revenue from the Bank segment, which consists of commercial and retail banking. It generates interest income from its lending (including leasing) and investing activities and is dependent on the gathering of lower-cost deposits from its branch network or borrowed funds from other sources for funding its loans. Geographically, it operates in Pennsylvania, New Jersey, and Delaware, as well as in the Central Maryland market and southwest Florida, U.S.
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