MRBK - Dividend announcements

MALVERN, Pa., May 04, 2026 (GLOBE NEWSWIRE) -- Meridian Corporation ("Meridian", "we", or the "Corporation") (NASDAQ:MRBK) today is reporting revised results for the first quarter of 2026, which revises the original results of operations reported in the Corporation's press release dated April 23, 2026 due to the Corporation becoming aware of a loan status change from the lead participant bank subsequent to the release of the Corporation's results on April 23, 2026. The revised results of operations reported in this release will be consistent with the financial information presented in the Corporation's Quarterly Report on Form 10-Q when filed with the Securities and Exchange Commission.  T

MALVERN, Pa., April 23, 2026 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported:  Three Months Ended(Dollars in thousands, except per share data)(Unaudited)March 31,2026 December 31,2025 March 31,2025Income:     Net income$4,714 $7,186 $2,399Diluted earnings per common share 0.39  0.61  0.21Pre-provision net revenue (PPNR)(1) 10,081  12,584  8,357(1) See Non-GAAP reconciliation in the Appendix            Net income for the quarter ended March 31, 2026 was $4.7 million, or $0.39 per diluted share, down $2.5 million, or 34%, from prior quarter. Pre-provision net revenue1 for the quarter was $10.1 million, an improvement of $1.7 million, or 21%, from Q1'2025.Net interest ma

MALVERN, Pa., Jan. 29, 2026 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported:  Three Months Ended(Dollars in thousands, except per share data)(Unaudited)December 31,2025 September 30,2025 December 31,2024Income:     Net income$7,186 $6,659 $5,601Diluted earnings per common share 0.61  0.58  0.49Pre-provision net revenue (PPNR)(1) 12,584  11,523  11,168(1) See Non-GAAP reconciliation in the Appendix            Net income for the quarter ended December 31, 2025 was $7.2 million, or $0.61 per diluted share, up $527 thousand, or 8%, from prior quarter. Pre-provision net revenue1 for the quarter was $12.6 million, an improvement of $1.4 million, or 13%. from Q4'2024.Net int

MALVERN, Pa., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported:  Three Months Ended(Dollars in thousands, except per share data)(Unaudited)September 30,2025 June 30,2025 September 30,2024Income:     Net income$6,659 $5,592 $4,743Diluted earnings per common share 0.58  0.49  0.42Pre-provision net revenue (PPNR)(1) 11,523  11,090  8,527(1) See Non-GAAP reconciliation in the Appendix  Net income for the quarter ended September 30, 2025 was $6.7 million, or $0.58 per diluted share, up $1.1 million, or 19%, from prior quarter. Pre-provision net revenue1 for the quarter was $11.5 million, an improvement of $3.0 million, or 35%. from Q3'2024.Net interest margin

MALVERN, Pa., July 24, 2025 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported:  Three Months Ended(Dollars in thousands, except per share data) (Unaudited)June 30, 2025 March 31, 2025 June 30, 2024Income:     Net income$5,592 $2,399 $3,326Diluted earnings per common share 0.49  0.21  0.30Pre-provision net revenue (PPNR) (1) 11,090  8,357  7,072(1) See Non-GAAP reconciliation in the Appendix            Net income for the quarter ended June 30, 2025 was $5.6 million, or $0.49 per diluted share, up $3.2 million, or 133%, from prior quarter.Pre-provision net revenue1 for the quarter was $11.1 million, an improvement of $4.0 million, or 57%. from Q2'2024.Net interest margi

MALVERN, Pa., April 25, 2025 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported:  Three Months Ended(Dollars in thousands, except per share data)((Unaudited)March 31,2025 December 31,2024 March 31,2024Income:      Net income$2,399 $5,600 $2,676Diluted earnings per common share$0.21 $0.49 $0.24Pre-provision net revenue (PPNR) (1)$8,357 $11,167 $6,419(1) See Non-GAAP reconciliation in the Appendix            Net income for the quarter ended March 31, 2025 was $2.4 million, or $0.21 per diluted share.Pre-provision net revenue1 for the quarter was $8.4 million, up $1.9 million or 30.2% from 1Q 2024.Net interest margin was 3.46% for the first quarter of 2025, with a loan yiel

MALVERN, Pa., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported:  Three Months Ended Year Ended(Dollars in thousands, except per share data)(Unaudited)December 31,2024 September 30,2024 December 31,2024 December 31,2023Income:       Net income$5,601 $4,743 $16,346 $13,243Diluted earnings per common share$0.49 $0.42 $1.45 $1.16Pre-tax, pre-provision income(1)$11,168 $8,527 $33,186 $23,782(1) See Non-GAAP reconciliation in the Appendix                Net income for the quarter ended December 31, 2024 was $5.6 million, or $0.49 per diluted share and $16.3 million, or $1.45 per diluted share, for the year.Pre-tax, pre-provision income1 for the quarter and the

MALVERN, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported:  Three Months Ended(Dollars in thousands, except per share data) (Unaudited)September 30,2024 June 30,2024 September 30,2023Income:     Net income$4,743 $3,326 $4,005Diluted earnings per common share$0.42 $0.30 $0.35Pre-tax, pre-provision income (1)$8,527 $7,072 $5,292(1) See Non-GAAP reconciliation in the Appendix            Net income for the quarter ended September 30, 2024 was $4.7 million and pre-tax, pre-provision income was $8.5 million1.Return on average assets and return on average equity for the third quarter of 2024 were 0.80% and 11.41%, respectively.Net interest margin was 3.20%

MALVERN, Pa., July 26, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported:  Three Months Ended(Dollars in thousands, except per share data)((Unaudited)June 30,2024 March 31,2024 June 30,2023Income:      Net income$3,326 $2,676 $4,645Diluted earnings per common share$0.30 $0.24 $0.41Pre-tax, pre-provision income (1)$7,072 $6,419 $6,607(1) See Non-GAAP reconciliation in the Appendix      Commercial loans, excluding leases, increased $40.7 million, or 3%, for the quarter and $112.3 million, or 8%, year over year.Total assets at June 30, 2024 were $2.4 billion, compared to $2.3 billion at March 31, 2024 and $2.2 billion at June 30, 2023.Pre-tax, pre-provision income was

MALVERN, Pa., April 26, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported:  Three Months Ended (Dollars in thousands, except per share data)((Unaudited)March 31,2024 December 31,2023 March 31,2023 Income:       Net income$2,676 $571 $4,021 Diluted earnings per common share$0.24 $0.05 $0.34 Pre-tax, pre-provision income (1)$6,419 $5,356 $6,526 Pre-tax, pre-provision income - Bank (1)$6,406 $5,757 $8,358 (1) See Non-GAAP reconciliation in the Appendix       Commercial loans, excluding leases, increased $71.6 million, or 5%, for the quarter and $137.1 million, or 10%, year over year.Total assets at March 31, 2024 were $2.3 billion, compared to $2.2 billion at December

MALVERN, Pa., Jan. 26, 2024 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported:  Three Months Ended Year Ended(Dollars in thousands, except per share data)((Unaudited)December 31,2023 September 30,2023 December 31,2023 December 31,2022Income:        Net income$571  $4,005  $13,243  $21,829 Diluted earnings per common share$0.05  $0.35  $1.16  $1.79 Pre-tax, pre-provision income (1)$5,356  $5,292  $23,782  $30,408 Pre-tax, pre-provision income - Bank (1)$5,757  $6,399  $27,751  $31,004 (1) See Non-GAAP reconciliation in the Appendix        Total assets at December 31, 2023 and September 30, 2023 were $2.2 billion, compared to $2.1 billion at December 31, 2022.Commerci

MALVERN, Pa., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported: Net income of $4.0 million and diluted earnings of $0.35 per share for the third quarter ended September 30, 2023.Return on average assets and return on average equity for the third quarter of 2023 were 0.73% and 10.17%, respectively.Net interest margin was 3.29% for the third quarter of 2023, with a loan yield of 7.08%.Total assets at September 30, 2023 and June 30, 2023 were $2.2 billion, compared to $1.9 billion at September 30, 2022.Third quarter overall commercial loan growth was $21.3 million, or 6.1% annualized; residential and home equity loans increased by $15.1 million on a combine

MALVERN, Pa., May 02, 2023 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported: Net income of $4.0 million and diluted earnings per share of $0.34 for the first quarter ended March 31, 2023.Return on average assets and return on average equity for the first quarter of 2023 were 0.78% and 10.65%, respectively.Net interest margin was 3.61% for the first quarter of 2023.Total assets at March 31, 2023 were $2.2 billion, compared to $2.1 billion at December 31, 2022 and $1.8 billion at March 31, 2022.First quarter commercial loan growth was $61.3 million, or 16.9% annualized; residential and home equity loans increased by $19.6 million.First quarter deposit growth was $57.9 m

MALVERN, Pa., Feb. 28, 2023 (GLOBE NEWSWIRE) -- Meridian Corporation (the "Company") (NASDAQ:MRBK) today announced that it has approved and declared a two-for-one stock split in the form of a 100% stock dividend on its outstanding shares of common stock. Each shareholder of record as of the close of business on March 14, 2023 will receive one additional share of Company common stock for each share then held, to be distributed after the close of business on March 20, 2023. Based on the number of shares currently outstanding, the Company will have 11,405,184 shares of common stock issued and outstanding, net of treasury shares, on a split-adjusted basis. Christopher J. Annas, Chairman and C

MALVERN, Pa., Jan. 30, 2023 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported: Net income of $21.8 million and diluted earnings per share of $3.58 for the year ended December 31, 2022, and net income of $4.6 million and diluted earnings per share of $0.77 for the fourth quarter ended December 31, 2022.Return on average assets and return on average equity for the year ended December 31, 2022 were 1.18% and 13.87%, respectively; while the return on average assets and return on average equity for the fourth quarter of 2022 were 0.92% and 11.91%, respectively.Net interest margin was 3.98% for the year ended December 31, 2022 and 3.93% for the fourth quarter of 2022

MALVERN, Pa., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported: Net income of $5.8 million and diluted earnings per share of $0.96 for the third quarter ended September 30, 2022 compared to net income of $5.9 million and diluted earnings per share of $0.96 for the second quarter ended June 30, 2022.Return on average assets for the third quarter of 2022 was 1.23% compared to 1.31% for the second quarter of 2022; return on average equity for the second quarter was 14.59% compared to 15.03% for the prior quarter.Net interest margin decreased to 4.01% in the third quarter of 2022 from 4.07% in the second quarter of 2022.Third quarter commercial loan growth,

MALVERN, Pa., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported: Net income of $5.9 million and diluted earnings per share of $0.96 for the second quarter ended June 30, 2022 compared to net income of $5.5 million and diluted earnings per share of $0.88 for the first quarter ended March 31, 2022Return on average assets for the second quarter of 2022 was 1.31% compared to 1.28% for the first quarter of 2022; return on average equity for the second quarter was 15.03% compared to 13.86% for the prior quarterNet interest margin increased to 4.07% in the second quarter of 2022 from 3.89% in the first quarter of 2022Second quarter commercial loan growth, excl

MALVERN, Pa., May 02, 2022 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported:                 2022 2021 2021 2021 2021(Dollars in thousands, except per share data)1st QTR 4th QTR 3rd QTR 2nd QTR 1st QTRIncome:              Net income$5,535 $7,719 $9,438 $8,258 $10,170Diluted earnings per common share$0.88 $1.24 $1.52 $1.33 $1.65Pre-tax, pre-provision income (1)$7,704 $9,671 $12,898 $10,898 $13,905Pre-tax, pre-provision income - Bank (1)$8,778 $6,829 $8,896 $7,811 $7,891(1) See Non-GAAP reconciliation in the Appendix               Christopher J. Annas, Chairman and CEO commented "Meridian's first quarter revenue of $31.1 million generated earnings of $5.5 million, or $0.

MALVERN, Pa., Jan. 31, 2022 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported:                 2021 2021 2021 2021 2020(Dollars in thousands, except per share data)4th QTR  3rd QTR  2nd QTR  1st QTR  4th QTRIncome:              Net income$7,719 $9,438 $8,258 $10,170 $8,997Diluted earnings per common share$1.24 $1.52 $1.33 $1.65 $1.48Pre-tax, pre-provision income (1)$9,671 $12,898 $10,898 $13,905 $13,040Pre-tax, pre-provision income - Bank (1)$6,829 $8,896 $7,811 $7,891 $6,294(1) See Non-GAAP reconciliation in the Appendix               Christopher J. Annas, Chairman and CEO commented "Meridian's fourth quarter revenue of $35.3 million generated earnings of $7.7 million,

MALVERN, Pa., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) today reported:  2021 2021 2021 2020 2020(Dollars in thousands, except per share data)3rd QTR  2nd QTR  1st QTR  4th QTR 3rd QTRIncome:              Net income$9,438 $8,258 $10,170 $8,997 $9,212Diluted earnings per common share$1.52 $1.33 $1.65 $1.48 $1.51Pre-tax, pre-provision income (1)$12,898 $10,898 $13,905 $13,040 $15,941Pre-tax, pre-provision income - Bank (1)$8,896 $7,811 $7,891 $6,294 $6,531(1) See Non-GAAP reconciliation in the Appendix                              Christopher J. Annas, Chairman and CEO commented "Meridian's third quarter revenue of $40.4 million generated earnings of $9.4 million

MALVERN, Pa., Aug. 30, 2021 (GLOBE NEWSWIRE) -- Meridian Corporation (NASDAQ:MRBK) announced today that its Board of Directors authorized an increase in its $6 million repurchase plan adopted on April 22, 2021, to repurchase up to $20 million of its outstanding common stock over a two-year period. This equates to an increase of approximately 490 thousand shares or an additional 8% of the outstanding shares as of June 30, 2021. Prior to the adoption of the increase, $5.4 million remained under the April 2021 plan available for repurchases, equating to approximately 185 thousand shares of Company stock. "Along with initiating our dividend program last year, the repurchase program affirms ou

MALVERN, Pa., July 26, 2021 /PRNewswire/ -- Meridian Corporation (NASDAQ:MRBK) today reported: 2021 2021 2020 2020 2020 (Dollars in thousands, except per share data) 2nd QTR 1st QTR 4th QTR 3rd QTR 2nd QTR Income: Net income $ 8,258 $ 10,170 $ 8,997 $ 9,212 $ 5,713 Diluted earnings per common share $ 1.33 $ 1.65 $ 1.48 $ 1.51 $ 0.94 Pre-tax, pre-provision income (1) $ 10,898 $ 13,905 $ 13,040 $ 15,941 $ 9,034 Pre-tax, pre-provision income - Bank (1) $ 7,811 $ 7,891 $ 6,294 $ 6,531 $ 4,908    (1) See Non-GAAP reconciliation in the Appendix Christopher J. Annas, Chairman and CEO commented "Meridian achieved strong quarterly earnings, generating revenues of $39.2 million and earning $8.3 mil

MALVERN, Pa., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) announced today that its Board of Directors has declared a special dividend of $1.00 per share on its Common Stock. This special dividend will be paid on March 15, 2021 to shareholders of record as of March 1, 2021. Christopher J. Annas, Chairman and CEO stated, “Meridian’s 2020 earnings were equally strong at the bank and the mortgage division, with revenue of $149.6 million generating net income of $26.4 million in the aggregate. This resulted in diluted EPS growth of 162% and return on equity of 21%. We continue to increase core earnings through exceptional loan and deposit growth while adding diversifi

MALVERN, Pa., Feb. 01, 2021 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:  2020 2020 2020 2020 2019(Dollars in thousands, except per share data)4th QTR 3rd QTR 2nd QTR 1st QTR  4th QTRIncome:              Net income - consolidated$8,997 $9,212 $5,713 $2,516 $3,137Diluted earnings per common share$1.48 $1.51 $0.94 $0.39 $0.49 Christopher J. Annas, Chairman and CEO commented “Meridian had a spectacular fourth quarter, earning $9.0 million with a $1.48 diluted EPS. The bank, mortgage group, wealth and title all contributed nicely. For the year, Meridian generated revenues of $149.6 million with net income of $26.4 million. That’s a 21% ROE and diluted EPS of $4.2