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Meridian Bank (MRBK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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Meridian Bank (MRBK - Free Report) reported $30.14 million in revenue for the quarter ended September 2026, representing a year-over-year decline of 8.9%. EPS of $0.43 for the same period compares to $0.58 a year ago.
The reported revenue represents a surprise of -8.79% over the Zacks Consensus Estimate of $33.05 million. With the consensus EPS estimate being $0.46, the EPS surprise was -6.52%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Meridian Bank performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency ratio: 76.4% compared to the 67.4% average estimate based on two analysts.
Wealth management fees: $1.88 million compared to the $1.76 million average estimate based on two analysts.
Net Interest Income: $23.44 million compared to the $23.33 million average estimate based on two analysts.
Mortgage banking revenue: $4.94 million versus the two-analyst average estimate of $5.94 million.
Earnings on investment in life insurance: $0.29 million versus $0.25 million estimated by two analysts on average.
Other Income: $0.87 million versus $1.13 million estimated by two analysts on average.
Total Non-interest income: $6.71 million versus $9.72 million estimated by two analysts on average.
Shares of Meridian Bank have returned +1.1% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
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Meridian Bank (MRBK) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Meridian Bank (MRBK - Free Report) reported $30.14 million in revenue for the quarter ended September 2026, representing a year-over-year decline of 8.9%. EPS of $0.43 for the same period compares to $0.58 a year ago.
The reported revenue represents a surprise of -8.79% over the Zacks Consensus Estimate of $33.05 million. With the consensus EPS estimate being $0.46, the EPS surprise was -6.52%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Meridian Bank performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Meridian Bank here>>>
Shares of Meridian Bank have returned +1.1% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.