Meridian Q4 net income rises 7.9% from last quarter

Meridian

29/01/2026 20:00

Overview

Community bank's Q4 net income rose 7.9% from Q3 2025 to $7.2 mln

Q4 pre-provision net revenue was $12.6 mln, up 13%

Company increased quarterly dividend by 12% to $0.14 per share

Outlook

Meridian Corporation did not provide specific guidance for future quarters or the full year

Result Drivers

COMMERCIAL LOAN GROWTH - Driven by new and existing loan relationships, despite SBA loan sales and a residential mortgage sale

NET INTEREST MARGIN - Improved due to lower deposit rates and effective management of brokered deposit stack

WEALTH MANAGEMENT GROWTH - Assets under management grew 7.8%, aided by new hires and stock market gains in client portfolios

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Pre-provision Net Revenue
$12.60 mln
Q4 EPS
$0.61
Q4 Dividend
$0.14
Q4 Net Interest Margin
3.77%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Meridian Corp is $20.00, about 9.5% above its January 28 closing price of $18.26

Press Release: ID:nGNXbTxDdm

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)