Meridian Bank (MRBK) reported quarterly earnings of $0.39 per share for the period ending March 2026, falling short of the Zacks Consensus Estimate of $0.48 per share. This represents an earnings surprise of -17.90% compared to last year’s earnings of $0.21 per share. The bank’s revenues for the quarter were $30.24 million, which also missed the consensus estimate by 2.71%, although these revenues show an increase from $27.1 million in the same quarter last year.
The company’s stock has gained approximately 14.9% since the beginning of 2026, outperforming the S&P 500, which gained 4.3% during the same period. Looking ahead, the consensus estimate for the coming quarter is $0.54 per share on revenues of $34.88 million, while the forecast for the current fiscal year stands at $2.30 per share on $137.37 million in revenues.
