Meridian Corporation (MRBK) — Financial statements
Income statement, balance sheet, and cash flow for Meridian Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 205↑4.1% | 197↑17.1% | 169↑29.2% | 130↓18.2% | 160 | |
| Cost of Revenue | 94↓2.7% | 96↑29.5% | 74↑253.2% | 21↑122.3% | 9 | |
| Gross Profit | 112↑10.7% | 101↑7.3% | 94↓14.0% | 109↓27.1% | 150 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 56↑1071.7% | 5↓89.9% | 47↓14.8% | 56↓29.5% | 79 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 3↓11.7% | 4↓14.0% | 4↑16.7% | 4 | |
| SG&A Expenses | 56↑593.0% | 8↓84.2% | 51↓14.8% | 60↓27.4% | 83 | |
| Other Expenses | 27↓61.4% | 71↑173.2% | 26↑21.1% | 21↑1.6% | 21 | |
| Operating Expenses | 83↑5.2% | 79↑2.6% | 77↓5.3% | 81↓21.5% | 104 | |
| Total Costs & Expenses | 177↑0.9% | 176↑15.8% | 152↑47.9% | 103↓9.4% | 113 | |
| Operating Results | ||||||
| Operating Income | 28↑30.4% | 22↑28.4% | 17↓39.2% | 28↓39.7% | 46 | |
| Depreciation & Amortization | 0.12↓94.6% | 2↓7.2% | 2↑130.0% | 1↑122.4% | -5 | |
| EBITDA | 28↑17.9% | 24↑23.9% | 19↓32.9% | 29↓30.1% | 41 | |
| EBIT | 28↑30.4% | 22↑28.4% | 17↓39.2% | 28↓39.7% | 46 | |
| Interest & Other Income | ||||||
| Net Interest Income | 88↑23.5% | 71↑3.0% | 69↓1.7% | 70↑11.1% | 63 | |
| Interest Income | 166↑6.6% | 156↑14.2% | 137↑54.0% | 89↑24.0% | 72 | |
| Interest Expense | 79↓7.5% | 85↑25.7% | 68↑263.8% | 19↑121.1% | 8 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 28↑30.4% | 22↑28.4% | 17↓39.2% | 28↓39.7% | 46 | |
| Income Tax Expense | 7↑20.7% | 5↑46.1% | 4↓38.9% | 6↓43.2% | 11 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 22↑33.6% | 16↑23.4% | 13↓39.3% | 22↓38.7% | 36 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 22↑33.6% | 16↑23.4% | 13↓39.3% | 22↓38.7% | 36 | |
| Bottom-Line Net Income | 22↑33.6% | 16↑23.4% | 13↓39.3% | 22↓38.7% | 36 | |
| EPS (Basic) | 1.93↑31.3% | 1.47↑23.5% | 1.19↓35.7% | 1.85↓37.5% | 2.96 | |
| EPS (Diluted) | 1.89↑30.3% | 1.45↑25.0% | 1.16↓35.2% | 1.79↓37.6% | 2.87 | |
| Weighted Average Shares | 11↑1.9% | 11↓0.0% | 11↓5.7% | 12↓2.0% | 12 | |
| Weighted Average Diluted Shares | 12↑2.6% | 11↓1.3% | 11↓6.7% | 12↓1.7% | 12 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.