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0.0438066465256798 0.0438066465256798 0.0438066465256798 0.329305135951662 0.268882175226586 0.246223564954683 0.238670694864048 0.217703927492447
Stock impact report

Meridian Corporation Reports Net Income of $2.5 Million, or $0.39 Per Diluted Share, in 1Q 2020

Meridian Corporation (MRBK) 
Last meridian corporation earnings: 1/27 09:00 am Check Earnings Report
US:NASDAQ Investor Relations: ebsb.com/investor-relations
Company Research Source: GlobeNewswire
MALVERN, Pa., April 27, 2020 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:           2020 2019 2019(Dollars in thousands, except per share data)1st QTR  4th QTR 1st QTRIncome:        Net income - consolidated$2,516 $3,137 $2,006Diluted earnings per common share$0.39 $0.49 $0.31 “Our first quarter operating performance was excellent, with robust loan and deposit growth and significantly higher seasonal mortgage originations.  However, our results were disrupted by the pandemic and the ensuing economic crisis that has become our highest priority,” said Christopher J. Annas, Chairman and CEO.  “In mid-March we reacted to the pandemic by reducing branch lobby hours, setting appointment-only visits, and scheduling employees to work remotely.  Over 95% of our c Show less Read more
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