Meridian Corporation: Rate Cuts To Boost Mortgage Banking Income [Seeking Alpha]
Meridian Corporation (MRBK)
Last meridian corporation earnings: 1/27 09:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
ebsb.com/investor-relations
Company Research
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
Show less
Read more
Impact Snapshot
Event Time:
MRBK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MRBK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MRBK alerts
High impacting Meridian Corporation news events
Weekly update
A roundup of the hottest topics
MRBK
News
- Meridian Corporation's (NASDAQ:MRBK) largest shareholders are individual investors with 30% ownership, hedge funds own 25% [Yahoo! Finance]Yahoo! Finance
- Should Value Investors Buy Meridian Bank (MRBK) Stock? [Yahoo! Finance]Yahoo! Finance
- 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
MRBK
Earnings
- 10/24/24 - Beat
MRBK
Sec Filings
- 11/25/24 - Form 4
- 11/25/24 - Form 4
- 11/25/24 - Form 4
- MRBK's page on the SEC website