Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Florida, 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, shared national credits, and other financing; 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 and land settlement services. In addition, the company operates and originates mortgage loans for 1-4 family dwellings; and offers real estate holding, investment advisory, and equipment leasing services, as well as financial planning and wealth management services. Meridian Corporation was incorporated in 2004 and is headquartered in Malvern, Pennsylvania.
Metrics to compare | MRBK | Sector Sector - Average of metrics from a broad group of related Financials sector companies | Relationship RelationshipMRBKPeersSector | |
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P/E Ratio | 9.4x | 17.0x | 8.8x | |
PEG Ratio | 0.38 | −0.33 | 0.03 | |
Price / Book | 0.9x | 0.7x | 1.0x | |
Price / LTM Sales | 1.5x | 3.1x | 2.7x | |
Upside (Analyst Target) | 33.1% | 27.8% | 19.1% | |
Fair Value Upside | Unlock | −3.3% | 3.8% | Unlock |