Meridian Corporation Reports First Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common Share [Yahoo! Finance]
Meridian Corporation (MRBK)
Last meridian corporation earnings: 1/27 09:00 am
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US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
(Dollars in thousands, except per share data)((Unaudited) March 31, December 31, March 31, Income: Net income Diluted earnings per common share Pre-tax, pre-provision income (1) Pre-tax, pre-provision income - Bank (1) (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 31, 2023 and March 31, 2023. Pre-tax, pre-provision income for the Bank was $6.4 million for the quarter. Net interest margin was 3.09% for the first quarter of 2024, with a loan yield of 7.24%. On April 25, 2024, the Board of Directors declared a quarterly cash dividend of $0.125 per common share, payable May 20, 2024 to shareholders of record as of May 13, 2024. Christopher J. Annas, Chairman and CEO commented, “Our first quarter earnings improved measurably from last quarter, to
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News
- Meridian Corporation Reports First Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common ShareGlobeNewswire
- Strength Seen in Meridian Corp (MRBK): Can Its 6.6% Jump Turn into More Strength? [Yahoo! Finance]Yahoo! Finance
- Patrick Hart Joins Meridian Bank as SVP, Commercial Lending [Yahoo! Finance]Yahoo! Finance
- Patrick Hart Joins Meridian Bank as SVP, Commercial LendingGlobeNewswire
- Meridian: High Dividend Yield With A Positive Earnings Outlook (Rating Upgrade) [Seeking Alpha]Seeking Alpha
MRBK
Earnings
- 10/27/23 - Miss
MRBK
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 4/30/24 - Form 8-K
- MRBK's page on the SEC website