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MRBK| Name | Value |
|---|---|
| Revenues | 52.5M |
| Cost of Revenue | 23.9M |
| Gross Profit | 28.6M |
| Operating Expense | 21.4M |
| Operating I/L | -3.1M |
| Other Income/Expense | 10.4M |
| Interest Income | 41.2M |
| Pretax | 7.3M |
| Income Tax Expense | 1.7M |
| Net Income/Loss | 5.6M |
Meridian Corporation operates as a holding company for Meridian Bank, offering commercial banking products and services in Pennsylvania, New Jersey, Delaware, and Maryland. The company provides a range of deposit products, commercial and industrial loans, commercial real estate and construction loans, consumer and home equity lending, mortgage loans, investment advisory, and equipment leasing services. With a network of 6 full-service branches and 19 other offices, Meridian Corporation generates revenue through interest income from loans, fees from various banking services, and returns on investments.
