Nov 7, 2026
Meridian Corp (NASDAQ:MRBK) Shares Set to Pay Quarterly Dividend of $0.14
Meridian Corp (NASDAQ:MRBK) has announced a quarterly dividend of $0.14 per share, payable on November 16th to shareholders of record on November 9th. This equates to an annualized dividend of $0.56, representing a yield of 3.4%. The dividend is well-covered by earnings, with a payout ratio of 26.4%, and analysts anticipate similar coverage next year.
Company relevance
100.00%
Company sentiment
Neutral
Overall sentiment
Neutral
Nov 7, 2026
Meridian (NASDAQ:MRBK) Stock Rating Lowered by Wall Street Zen
Wall Street Zen has downgraded Meridian (NASDAQ:MRBK) from "hold" to "sell" due to the company's recent quarterly results missing analyst expectations for both EPS and revenue. Despite mixed analyst ratings, MarketBeat reports an overall "hold" consensus with a $20.00 price target. The stock opened at $16.47, trading below its 50-day and 200-day moving averages.
Company relevance
100.00%
Company sentiment
Somewhat-Bearish
Overall sentiment
Somewhat-Bearish
Oct 30, 2026
Meridian's profit fell 10.3%. Troubled loans fell $6.5 million, including later settlements.
Meridian Corporation reported a 10.3% sequential decrease in net income, falling to $5.2 million for Q3 2026, with diluted EPS at $0.43. Despite a rise in net interest margin to 3.77% and a significant reduction in credit-loss provisions, weaker fee income and higher operating expenses impacted profitability. The company announced a quarterly dividend of $0.14 per common share and saw non-performing loans decrease by a combined $6.5 million, including post-quarter-end settlements.
Company relevance
100.00%
Company sentiment
Somewhat-Bearish
Overall sentiment
Somewhat-Bearish