Meridian Corporation

Meridian Corporationverified

MRBK

Price:

$15.5

Market Cap:

$174.22M

Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, and shared national credits; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title an...[Read more]

Industry

Banks - Regional

IPO Date

2017-11-07

Stock Exchange

NASDAQ

Ticker

MRBK

The Current Ratio as of November 2024 (TTM) for Meridian Corporation (MRBK) is 0.50

According to Meridian Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.50. This represents a change of 181.98% compared to the average of 0.18 of the last 4 quarters.

Meridian Corporation (MRBK) Historical Current Ratio (quarterly & annually)

How has MRBK Current Ratio performed in the past?

The mean historical Current Ratio of Meridian Corporation over the last ten years is 892.54. The current 0.50 Current Ratio has changed -94.41% with respect to the historical average. Over the past ten years (40 quarters), MRBK's Current Ratio was at its highest in in the June 2021 quarter at 12.89K. The Current Ratio was at its lowest in in the September 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

892.54

Median

1.14

Minimum

0

Maximum

8.90K

Meridian Corporation (MRBK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Meridian Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Current Ratio = 8.90K

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230-100.00%
20221.45-99.98%
20218.90K488.55%
20201.82122.73%
20190.82-89.80%
20188.021.80%
20177.881.41%
20160.52-3.49%
20150.54Infinity%
201400%

Meridian Corporation (MRBK) Average Current Ratio

How has MRBK Current Ratio performed in the past?

The current Current Ratio of Meridian Corporation (MRBK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.97K

5-year avg

1.78K

10-year avg

892.54

Meridian Corporation (MRBK) Current Ratio vs. Peers

How is MRBK’s Current Ratio compared to its peers?

Meridian Corporation’s Current Ratio is greater than Community West Bancshares (0.33), greater than Investar Holding Corporation (0.34), less than Finward Bancorp (5.76), less than First Financial Northwest, Inc. (1.75), less than First Northwest Bancorp (2.40), greater than Home Federal Bancorp, Inc. of Louisiana (0), less than HMN Financial, Inc. (4.41), greater than Oconee Federal Financial Corp. (0.21), less than Cullman Bancorp, Inc. (76.62), less than First Capital, Inc. (173.51), greater than Magyar Bancorp, Inc. (0), less than HV Bancorp, Inc. (6.02), greater than Lake Shore Bancorp, Inc. (0), greater than Oak Valley Bancorp (0),

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