Meridian logo

Meridian share price today

(MRBK)

Meridian share price is $14.12 & ₹1,211.64 as on 7 Jan 2025, 2.30 'hrs' IST

$14.12

-0.1

(-0.7%)

Market is closed - opens 8 PM, 07 Jan 2025

View live Meridian share price in Dollar and Rupees. Guide to invest in Meridian stock from India, including Indian investor sentiment. Get details on Indian mutual funds investing in Meridian, along with analyst recommendations, forecasts, and comprehensive financials.

Meridian share price movements

  • Today's Low: $14.06
    Today's High: $14.36

    Day's Volatility :2.09%

  • 52 Weeks Low: $8.26
    52 Weeks High: $17.33

    52 Weeks Volatility :52.37%

Meridian Returns

PeriodMeridian CorpIndex (Russel 2000)
3 Months
10.06%
0.0%
6 Months
32.4%
0.0%
1 Year
4.18%
0.0%
3 Years
-22.51%
-19.8%

Meridian Key Statistics

in dollars & INR

Previous Close
$14.22
Open
$14.09
Today's High
$14.36
Today's Low
$14.06
Market Capitalization
$159.8M
Today's Volume
$22.1K
52 Week High
$17.33
52 Week Low
$8.255
Revenue TTM
$92.4M
Earnings Per Share (EPS)
$1.01
PE Ratio
14.08
Dividend Yield
3.58%
Profit Margin
12.25%
Quarterly Earnings Growth YOY
0.2%
Return On Equity TTM
7.02%

How to invest in Meridian from India?

It is very easy for Indian residents to invest directly in Meridian from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Meridian stock in both Indian Rupees (INR) and US Dollars (USD). Search for Meridian or MRBK on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Meridian or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Meridian shares which would translate to 0.061 fractional shares of Meridian as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Meridian, in just a few clicks!

Returns in Meridian for Indian investors in Rupees

Investment Value

₹1,00,000

  • 1Y

  • 3Y

  • 5Y

  • 7Y

  • 10Y

Meridian investment value today

Current value as on today

₹1,06,666

Returns

₹6,666

(+6.67%)

Returns from Meridian Stock

₹3,443 (+3.44%)

Dollar Returns

₹3,223 (+3.22%)

Indian investors sentiment towards Meridian

-50%

Period: Oct 8, 2024 to Jan 6, 2025. Change in 30 Days versus previous period

Search volume for Meridian on INDmoney from India has reduced in the last 30 days as on Jan 7, 2025. -50% less investors are searching Meridian in the last 30 days versus the previous period.

Global Institutional Holdings in Meridian

  • Fourthstone LLC

    9.94%

  • Ategra Capital Management LLC

    9.13%

  • Banc Funds Co LLC

    7.38%

  • STRATEGIC VALUE BANK PARTNERS LLC

    5.79%

  • Vanguard Group Inc

    4.75%

  • First Manhattan Co. LLC

    3.80%

Analyst Recommendation on Meridian

Buy

    66%Buy

    33%Hold

    0%Sell

Based on 9 Wall street analysts offering stock ratings for Meridian(by analysts ranked 0 to 5 stars)

Based on 9 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
6
6
6
Hold
3
3
3
Sell
0
0
0

Analyst Forecast on Meridian

What analysts predicted

Upside of 27.48%

Current:

$14.12

Target:

$18.00

Insights on Meridian

  • Price Movement

    In the last 1 month, MRBK stock has moved down by -16.7%
  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 47.62M → 29.07M (in $), with an average decrease of 39.0% per quarter
  • Increasing Net Profit

    Netprofit is up for the last 4 quarters, 570.0K → 4.74M (in $), with an average increase of 42.7% per quarter
  • MRBK vs MFG (1 yr)

    In the last 1 year, Mizuho Financial Group, Inc. has given 39.0% return, outperforming this stock by 34.4%
  • MRBK vs MFG (3 yr)

    In the last 3 years, Mizuho Financial Group, Inc. has given 84.0% return, outperforming this stock by 107.5%
  • Price to Sales

    ForMRBK every $1 of sales, investors are willing to pay $1.7, whereas for Mizuho Financial Group, Inc., the investors are paying $0.0 for every $1 of sales.

Meridian Financials in INR & Dollars

FY18Y/Y Change
Revenue
$62.4M
↑ 1.23%
Net Income
$8.2M
↑ 169.23%
Net Profit Margin
13.09%
↑ 8.17%
FY19Y/Y Change
Revenue
$66.9M
↑ 7.19%
Net Income
$10.5M
↑ 28.4%
Net Profit Margin
15.68%
↑ 2.59%
FY20Y/Y Change
Revenue
$134.1M
↑ 100.57%
Net Income
$26.4M
↑ 152.25%
Net Profit Margin
19.72%
↑ 4.04%
FY21Y/Y Change
Revenue
$151.1M
↑ 12.68%
Net Income
$35.6M
↑ 34.6%
Net Profit Margin
23.55%
↑ 3.83%
FY22Y/Y Change
Revenue
$111.9M
↓ 25.97%
Net Income
$21.8M
↓ 38.66%
Net Profit Margin
19.52%
↓ 4.03%
FY23Y/Y Change
Revenue
$94.1M
↓ 15.88%
Net Income
$13.2M
↓ 39.33%
Net Profit Margin
14.07%
↓ 5.45%
Q2 FY23Q/Q Change
Revenue
$26.2M
↑ 7.84%
Net Income
$4.6M
↑ 15.52%
Net Profit Margin
17.71%
↑ 1.17%
Q3 FY23Q/Q Change
Revenue
$25.3M
↓ 3.48%
Net Income
$4.0M
↓ 13.78%
Net Profit Margin
15.82%
↓ 1.89%
Q4 FY23Q/Q Change
Revenue
$43.7M
↑ 72.73%
Net Income
$570.0K
↓ 85.77%
Net Profit Margin
1.3%
↓ 14.52%
Q1 FY24Q/Q Change
Revenue
$45.3M
↑ 3.62%
Net Income
$2.7M
↑ 369.47%
Net Profit Margin
5.91%
↑ 4.61%
Q2 FY24Q/Q Change
Revenue
$47.6M
↑ 5.12%
Net Income
$3.3M
↑ 24.29%
Net Profit Margin
6.98%
↑ 1.07%
Q3 FY24Q/Q Change
Revenue
$29.1M
↓ 38.95%
Net Income
$4.7M
↑ 42.6%
Net Profit Margin
16.31%
↑ 9.33%
FY18Y/Y Change
Profit
$62.4M
↑ 1.23%
FY19Y/Y Change
Profit
$66.9M
↑ 7.19%
FY20Y/Y Change
Profit
$134.1M
↑ 100.57%
FY21Y/Y Change
Profit
$151.1M
↑ 12.68%
FY22Y/Y Change
Profit
$111.9M
↓ 25.97%
FY23Y/Y Change
Profit
$94.1M
↓ 15.88%
Q2 FY23Q/Q Change
Profit
$26.2M
↑ 7.84%
Q3 FY23Q/Q Change
Profit
$25.3M
↓ 3.48%
Q4 FY23Q/Q Change
Profit
$43.7M
↑ 72.73%
Q1 FY24Q/Q Change
Profit
$37.2M
↓ 14.92%
Q2 FY24Q/Q Change
Profit
$47.6M
↑ 28.03%
Q3 FY24Q/Q Change
Profit
$29.1M
↓ 38.95%
FY18Y/Y Change
Operating Cash Flow
$11.0M
↑ 5.26%
Investing Cash Flow
$-155.6M
↑ 41.92%
Financing Cash Flow
$133.0M
↑ 14.87%
FY19Y/Y Change
Operating Cash Flow
$21.6M
↑ 95.55%
Investing Cash Flow
$-143.1M
↓ 8.05%
Financing Cash Flow
$136.9M
↑ 2.94%
FY20Y/Y Change
Operating Cash Flow
$-158.1M
↓ 833.19%
Investing Cash Flow
$-371.0M
↑ 159.32%
Financing Cash Flow
$526.5M
↑ 284.54%
FY21Y/Y Change
Operating Cash Flow
$165.1M
↓ 204.41%
Investing Cash Flow
$-140.5M
↓ 62.13%
Financing Cash Flow
$-37.9M
↓ 107.19%
FY22Y/Y Change
Operating Cash Flow
$84.7M
↓ 48.72%
Investing Cash Flow
$-393.1M
↑ 179.79%
Financing Cash Flow
$323.4M
↓ 953.9%
Q2 FY23Q/Q Change
Operating Cash Flow
$-145.0K
↓ 98.73%
Investing Cash Flow
$-31.4M
↑ 0.0%
Financing Cash Flow
$-30.1M
↓ 118.19%

Meridian Technicals Summary

Sell

Neutral

Buy

Meridian is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Meridian Vs Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Meridian Corp
-16.3%
32.4%
4.18%
-22.51%
43.64%
Icici Bank Ltd.
-5.28%
0.07%
23.17%
34.62%
94.19%
Pnc Financial Services Group, Inc.
-4.34%
21.13%
24.19%
-12.06%
21.65%
U.s. Bancorp
-4.77%
22.55%
11.15%
-20.37%
-14.37%
Truist Financial Corp
-5.77%
13.34%
16.05%
-32.46%
-21.5%
Mizuho Financial Group, Inc.
-2.37%
15.38%
37.5%
80.0%
59.68%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Meridian Corp
14.08
14.08
NA
1.26
0.07
0.0
0.04
14.91
Icici Bank Ltd.
19.39
19.39
0.0
1.52
0.19
0.02
0.01
397.44
Pnc Financial Services Group, Inc.
16.32
16.32
1.9
13.41
0.1
0.01
0.03
124.56
U.s. Bancorp
14.72
14.72
1.17
3.91
0.1
0.01
0.04
33.35
Truist Financial Corp
8.99
NA
1.94
3.69
-0.1
-0.01
0.05
44.46
Mizuho Financial Group, Inc.
11.64
11.64
1.07
0.0
0.07
0.0
0.03
4037.29
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Meridian Corp
Buy
$159.8M
43.64%
14.08
12.25%
Icici Bank Ltd.
Buy
$105.6B
94.19%
19.39
28.91%
Pnc Financial Services Group, Inc.
Buy
$76.5B
21.65%
16.32
25.11%
U.s. Bancorp
Hold
$74.6B
-14.37%
14.72
22.02%
Truist Financial Corp
Buy
$57.6B
-21.5%
8.99
-10.68%
Mizuho Financial Group, Inc.
Buy
$62.4B
59.68%
11.64
21.91%

About Meridian

meridian is a locally-based community bank providing a comprehensive array of financial services to businesses, professionals and retail customers in pa, nj and de. in addition to a broad-based commercial lending portfolio, specialties include commercial and consumer real estate financing, residential mortgages, investment and wealth management services, retail banking and electronic payments processing. meridian focuses on tailored financial solutions designed by experienced bankers and delivered through efficient, technological channels. member fdic | equal housing lender
Organization
Meridian
Employees
324
CEO
Mr. Christopher J. Annas
Industry
Finance

Management People of Meridian

NameTitle
Mr. Christopher J. Annas
Founder, Chairman, President & CEO
Ms. Denise Lindsay
Executive VP, CFO & Director
Mr. Michael Joseph Curry
Counsel & Corporate Secretary
Mr. James D. Nelsen
Senior Credit Officer
Mr. Edward Joseph Carpoletti
Senior Vice President of Wealth Management
Thomas J. Campbell
Senior Vice President of Residential Lending
Mr. Clarence Martindell
Executive Vice President of Commercial Real Estate Lending
Ms. Mary Ann Messmer
Executive Vice President of Private Banking
Mr. David Fitzell
Senior VP and Director of Residential Lending - MD, DC & VA
Mr. Rocco P. Perate Jr.
Executive Vice President of SBA Lending

Important FAQs about investing in Meridian from India :

What is Meridian share price today?

Meridian share price today stands at $14.12, Open: $14.09 ; Previous Close: $14.22 ; High: $14.36 ; Low: $14.06 ; 52 Week High: $17.33 ; 52 Week Low: $8.26. The stock opens at $14.09, after a previous close of $14.22. The stock reached a daily high of $14.36 and a low of $14.06, with a 52-week high of $17.33 and a 52-week low of $8.26.

Can Indians buy Meridian shares?

Yes, Indians can invest in the Meridian (MRBK) from India.

With INDmoney, you can buy Meridian at 0 brokerage. The step-by-step process is as follows:

  • Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
  • Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
  • Once funds are transferred successfully, you can buy Meridian at zero transaction cost.

How can I buy Meridian shares from India?

It is very easy to buy Meridian from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Meridian be purchased?

Yes, you can buy fractional shares of Meridian with INDmoney app.

What are the documents required to start investing in Meridian stocks?

To start investing in Meridian, You will need the following documents:

  • Proof of Identification (PAN, Aadhaar etc)
  • Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.

What are today’s High and Low prices of Meridian

Today’s highest price of Meridian (MRBK) is $14.36.

Today’s lowest price of Meridian (MRBK) is $14.06.

What is today's market capitalisation of Meridian

Today's market capitalisation of Meridian MRBK is 159.8M

What is the 52 Week High and Low Range of Meridian

  • 52 Week High

    $17.33

  • 52 Week Low

    $8.26

What are the historical returns of Meridian?

  • 1 Month Returns

    -16.3%

  • 3 Months Returns

    32.4%

  • 1 Year Returns

    4.18%

  • 5 Years Returns

    43.64%

Who is the Chief Executive Officer (CEO) of Meridian

Mr. Christopher J. Annas is the current Chief Executive Officer (CEO) of Meridian.