Meridian Corporation: Rate Cuts To Boost Mortgage Banking Income [Seeking Alpha]
Meridian Corporation (MRBK)
Last meridian corporation earnings: 1/27 09:00 am
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US:NASDAQ Investor Relations:
ebsb.com/investor-relations
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Source: Seeking Alpha
Play 10min Summary The biggest earnings catalyst is interest rate cuts, which will provide a much-needed boost to MRBK's mortgage banking business. The net interest income will also grow because rate cuts and a conducive economic environment will drive loan growth. The December 2025 target price suggests a moderate upside from the October 15 closing price. Additionally, MRBK is offering a dividend yield of 3.9%. courtneyk Earnings of Meridian Corporation ( NASDAQ: MRBK ) will likely surge in upcoming quarters as interest rate cuts will boost the mortgage banking income. Healthy loan growth will likely further support the bottom line. Overall, I'm expecting earnings to grow by 16% to $1.35 per This article was written by Sheen Bay Research 3.28K Follower s Follow Around 10 years of experience covering Banks and Macroeconomics. Passionate about discovering lucrative investments and generating alpha. Analyst's Disclosure: I/we have no stock, option or similar d
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MRBK
News
- Are Investors Undervaluing Meridian Bank (MRBK) Right Now? [Yahoo! Finance]Yahoo! Finance
- Meridian Co. (NASDAQ: MRBK) had its price target raised by analysts at DA Davidson from $15.00 to $17.00. They now have a "buy" rating on the stock.MarketBeat
- Meridian Co. (NASDAQ: MRBK) had its price target raised by analysts at Piper Sandler from $14.00 to $15.00. They now have a "neutral" rating on the stock.MarketBeat
- Meridian Bank (MRBK) Surpasses Q3 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Meridian Corporation Reports Third Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common ShareGlobeNewswire
MRBK
Earnings
- 10/24/24 - Beat
MRBK
Sec Filings
- 11/8/24 - Form 10-Q
- 10/31/24 - Form 8-K
- 10/24/24 - Form 8-K
- MRBK's page on the SEC website