Meridian Corp (NASDAQ:MRBK)
Insiders here have filed 1 Form 4 in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Keeps a healthy share of every dollar it sells.
- Revenue
- $200.0M
- Net income
- $22.9M
- Net margin
- 11.5%
Heavily indebted for what it earns.
- Total debt
- $165.0M
- Cash
- $11.9M
- Net debt / EBITDA
- 5.46x
Current assets or liabilities not reported.
- Current assets
- $227.3M
- Current liabilities
- $0
- Current ratio
- —
The business funds itself from operations.
- Operating cash flow
- $8.3M
- Free cash flow
- $7.9M
- FCF margin
- 4.0%
Not funding itself by issuing shares.
- Shares outstanding
- 11.9M
- Share growth (1y)
- 5.1%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
MRBK Income Statement
| Fiscal Period | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 |
| Revenue | 48.16 M | 50.66 M | 47.75 M | 53.44 M | 53.06 M | 52.50 M |
| Revenue Growth (YoY) | -9.24 % | -3.50 % | 2.70 % | 0.25 % | 3.74 % | 10.04 % |
| Cost of Revenue | 19.15 M | 20.96 M | 17.51 M | 22.49 M | 22.84 M | 23.86 M |
| Gross Profit | 29.01 M | 29.71 M | 30.24 M | 30.95 M | 30.22 M | 28.64 M |
| SG&A Expense | 2.21 M | 14.37 M | 20.16 M | 14.05 M | 14.49 M | 14.46 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 23.03 M | 22.23 M | 24.16 M | 21.66 M | 21.55 M | 21.36 M |
| Operating Income | 5.99 M | 7.48 M | 6.08 M | 9.30 M | 8.67 M | 7.29 M |
| Pretax Income | 5.99 M | 7.48 M | 6.08 M | 9.30 M | 8.67 M | 7.29 M |
| Tax Provision | 778.00 K | 1.67 M | 1.37 M | 2.11 M | 2.01 M | 1.70 M |
| Net Income | 5.21 M | 5.81 M | 4.71 M | 7.19 M | 6.66 M | 5.59 M |
| EPS (Basic) | 0.44 | 0.49 | 0.40 | 0.62 | 0.59 | 0.50 |
| EPS (Diluted) | 0.43 | 0.48 | 0.39 | 0.61 | 0.58 | 0.49 |
| Shares Outstanding | 11.90 M | 11.86 M | 11.81 M | 11.54 M | 11.32 M | 11.21 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.