Lumida
/MRBK
⌘K
Meridian Corp

Meridian Corp

MRBK
$19.61USD-0.15%-0.03 today

MARKET CAP

233.9M

P/E (TTM)

10.4x

FWD P/E

DAY RANGE

$20 – $20

52W RANGE

$14
$22

AI Summary

Stalk
TrimMedium

MRBK has broken a key support level with strong selling pressure, shifting medium-term bias to bearish. Price is below major EMAs with a flat-to-down slope, and while oversold conditions exist, there is no clear reversal structure. We prefer to defer bearish entries on any rally into the former support-turned-resistance area around the 9/20/50 EMA cluster.

  • Earnings yield 1.63% and book-to-price 1.30 imply undervaluation
  • Moderate Buy consensus target of $22 suggests ~10.6% upside
  • Rising provisions and charge-offs erode profitability amid worsening credit
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$159.5M$130.4M$168.6M$197.4M$205.5M
YoY %+6.6%-18.2%+29.2%+17.1%+4.1%
P / Sales2.9x1.4x0.9x0.8x1.0x
EV / Sales12.5x16.0x13.3x12.0x12.4x
Gross Profit, Adj.$151.1M$111.9M$100.9M$112.3M$126.9M
YoY %+11.2%-26.0%-9.8%+11.3%+12.9%
Margin %94.7%85.7%59.9%56.9%61.7%
EV / Gross Profit13.2x18.6x22.2x21.0x20.1x
EBITDA, Adj.$46.3M$27.9M$17.0M$21.8M$28.4M
YoY %+34.1%-39.7%-39.2%+28.4%+30.4%
Margin %29.0%21.4%10.1%11.0%13.8%
EV / EBITDA43.2x74.6x131.8x108.5x89.9x
EBIT$46.3M$27.9M$17.0M$21.8M$28.4M
YoY %+34.1%-39.7%-39.2%+28.4%+30.4%
Margin %29.0%21.4%10.1%11.0%13.8%
EV / EBIT43.2x74.6x131.8x108.5x89.9x
Net Income$35.6M$21.8M$13.2M$16.3M$21.8M
YoY %+34.6%-38.7%-39.3%+23.4%+33.6%
Net Margin22.3%16.7%7.9%8.3%10.6%
EPS (GAAP)$1.44$1.79$1.16$1.45$1.89
YoY %-32.4%+24.3%-35.2%+25.0%+30.3%