Meridian Corp is a bank holding company. Through its banking subsidiary, it operates as a full-service, state-chartered commercial bank providing personal, business lending, and deposit services. It operates in three reportable segments including Bank, Wealth, and Mortgage. The company generates maximum revenue from the Bank segment which consists of commercial and retail banking. It generates interest income from its lending (including leasing) and investing activities and is dependent on the gathering of lower-cost deposits from its branch network or borrowed funds from other sources for funding its loans.
The latest dividend from MRBK was $0.14 per share (ex-dividend 8/10/2026). The dividend yield over the last 12 months is 2,8%. Over the last 12 months there were 4 distributions, totalling $0.545 per share.