DA Davidson Maintains Buy on Meridian, Lowers Price Target to $18
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- Earnings Performance: Meridian Bank reported a GAAP EPS of $0.61 for Q4, indicating stable profitability which is likely to positively influence investor confidence.
- Revenue Growth: The bank's revenue reached $34.2 million in Q4, reflecting an increase compared to the previous year, suggesting enhanced business expansion and market demand that could lay the groundwork for future growth.
- Rating Outlook: According to Seeking Alpha's quant rating, Meridian Bank is seen as having greater upside potential, indicating optimistic market expectations for its future performance, which may attract more investor interest.
- Historical Financial Data: The historical financial data of Meridian Bank demonstrates its sustained profitability and stable financial performance, providing confidence to investors and potentially facilitating further stock price appreciation.
- Net Income Growth: Meridian Corporation reported a net income of $7.186 million for Q4 2025, an increase of $527,000 or 7.9% from the previous quarter, indicating robust performance and enhanced profitability in the market.
- Pre-Provision Net Revenue Increase: The pre-provision net revenue for the fourth quarter reached $12.584 million, reflecting a 13% year-over-year growth, showcasing the company's sustained growth and profitability in its core business.
- Asset Growth: As of December 31, 2025, total assets increased to $2.6 billion, up $19.3 million from the previous quarter, highlighting the company's proactive expansion in asset management and lending operations.
- Dividend Increase: The Board declared a quarterly cash dividend of $0.14 per share, a 12% increase from the prior quarter, which not only enhances shareholder returns but also reflects the company's confidence in future profitability.
- Earnings Growth: Meridian Corporation reported fourth-quarter earnings of $7.18 million, translating to $0.61 per share, which marks a significant increase from last year's $5.60 million and $0.49 per share, indicating improved profitability.
- Revenue Increase: The company's revenue for the fourth quarter reached $42.82 million, up 7.0% from $40.02 million last year, reflecting sustained market demand and successful business expansion.
- Performance Comparison: Meridian achieved double-digit growth in both earnings and revenue compared to the previous year, demonstrating strong performance in a competitive market environment.
- Future Outlook: With ongoing revenue and earnings growth, Meridian is positioned to further enhance its market share and boost investor confidence, driving long-term company development.
Quarterly Profit Increase: Meridian Corporation reported a profit of $6.66 million for the third quarter, up from $4.74 million in the same period last year.
Earnings Per Share Growth: The earnings per share (EPS) rose to $0.58, compared to $0.42 in the previous year.

Financial Performance: Meridian Corporation reported a net income of $6.7 million for Q3 2025, a 19% increase from the previous quarter, with diluted earnings per share rising to $0.58. Pre-provision net revenue also improved significantly, reaching $11.5 million, a 35% increase from Q3 2024.
Loan and Asset Growth: Total assets remained stable at $2.5 billion, while commercial loans increased by $54.2 million, or 3%, from the prior quarter. The net interest margin improved to 3.77%, driven by higher loan yields and a decrease in the cost of funds.
Dividend Declaration: The Board of Directors declared a quarterly cash dividend of $0.125 per common share, set to be paid on November 17, 2025, to shareholders of record as of November 10, 2025.
Challenges and Outlook: Despite strong earnings and loan growth, the company faces challenges with elevated nonperforming loans. The CEO expressed confidence in capitalizing on market turmoil and reduced competition, while also noting the importance of consistent monitoring of loan performance.
Earnings Growth: Meridian Corporation reported a second-quarter profit of $5.59 million, or $0.49 per share, an increase from $3.33 million, or $0.30 per share, in the same period last year.
Revenue Increase: The company's revenue rose by 7.1% to $41.21 million compared to $38.47 million in the previous year.








