Meridian Bank (MRBK) - Net Assets
Based on the latest financial reports, Meridian Bank (MRBK) has net assets worth $202.93 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.58 Billion) and total liabilities ($2.38 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check MRBK goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $202.93 Million |
| % of Total Assets | 7.87% |
| Annual Growth Rate | -8.23% |
| 5-Year Change | 20.78% |
| 10-Year Change | 185.46% |
| Growth Volatility | 32.92 |
Meridian Bank - Net Assets Trend (2014–2025)
This chart illustrates how Meridian Bank's net assets have evolved over time, based on quarterly financial data. See Meridian Bank liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Meridian Bank (2014–2025)
The table below shows the annual net assets of Meridian Bank from 2014 to 2025. For live valuation and market cap data, see Meridian Bank market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $199.72 Million | +16.44% |
| 2024-12-31 | $171.52 Million | +8.54% |
| 2023-12-31 | $158.02 Million | +3.09% |
| 2022-12-31 | $153.28 Million | -7.31% |
| 2021-12-31 | $165.36 Million | +16.76% |
| 2020-12-31 | $141.62 Million | +17.34% |
| 2019-12-31 | $120.69 Million | +10.17% |
| 2018-12-31 | $109.55 Million | +8.08% |
| 2017-12-31 | $101.36 Million | +44.88% |
| 2016-12-31 | $69.96 Million | +32.20% |
| 2015-12-31 | $52.92 Million | -89.70% |
| 2014-12-31 | $513.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Meridian Bank's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 12812400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $128.12 Million | 64.15% |
| Common Stock | $13.83 Million | 6.92% |
| Other Comprehensive Income | $-5.28 Million | -2.64% |
| Other Components | $63.04 Million | 31.57% |
| Total Equity | $199.72 Million | 100.00% |
Meridian Bank Competitors by Market Cap
The table below lists competitors of Meridian Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coherus BioSciences Inc
NASDAQ:CHRS
|
$208.35 Million |
|
Topco Technologies
TWO:3388
|
$208.37 Million |
|
Starpharma Holdings Ltd
AU:SPL
|
$208.48 Million |
|
RAINBOW RARE EARTHS LTD
F:RR1
|
$208.51 Million |
|
Wendell Industrial Co. Ltd
TWO:6761
|
$208.20 Million |
|
Gaon Group Ltd
TA:GAGR
|
$208.16 Million |
|
Stoneridge Inc
NYSE:SRI
|
$208.10 Million |
|
Somboon Advance Technology Public Company Limited
BK:SAT
|
$208.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meridian Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 171,522,000 to 199,716,000, a change of 28,194,000 (16.4%).
- Net income of 21,836,000 contributed positively to equity growth.
- Dividend payments of 5,673,000 reduced retained earnings.
- Share repurchases of 425,000 reduced equity.
- New share issuances of 7,519,000 increased equity.
- Other comprehensive income increased equity by 2,863,000.
- Other factors increased equity by 2,074,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $21.84 Million | +10.93% |
| Dividends Paid | $5.67 Million | -2.84% |
| Share Repurchases | $425.00K | -0.21% |
| Share Issuances | $7.52 Million | +3.76% |
| Other Comprehensive Income | $2.86 Million | +1.43% |
| Other Changes | $2.07 Million | +1.04% |
| Total Change | $- | 16.44% |
Book Value vs Market Value Analysis
This analysis compares Meridian Bank's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.07x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $9.29 | $19.27 | x |
| 2015-12-31 | $11.25 | $19.27 | x |
| 2016-12-31 | $14.87 | $19.27 | x |
| 2017-12-31 | $13.44 | $19.27 | x |
| 2018-12-31 | $8.52 | $19.27 | x |
| 2019-12-31 | $9.37 | $19.27 | x |
| 2020-12-31 | $11.45 | $19.27 | x |
| 2021-12-31 | $13.32 | $19.27 | x |
| 2022-12-31 | $12.56 | $19.27 | x |
| 2023-12-31 | $13.88 | $19.27 | x |
| 2024-12-31 | $15.26 | $19.27 | x |
| 2025-12-31 | $17.31 | $19.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meridian Bank utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.93%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.63%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 12.83x
- Recent ROE (10.93%) is above the historical average (10.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 9.56% | 9.73% | 0.08x | 12.93x | $-197.10K |
| 2015 | 11.69% | 10.58% | 0.09x | 12.53x | $895.90K |
| 2016 | 7.04% | 7.33% | 0.09x | 10.49x | $-2.07 Million |
| 2017 | 2.99% | 4.43% | 0.08x | 8.45x | $-7.10 Million |
| 2018 | 7.45% | 11.06% | 0.07x | 9.11x | $-2.79 Million |
| 2019 | 8.68% | 12.22% | 0.07x | 9.53x | $-1.59 Million |
| 2020 | 18.67% | 17.68% | 0.09x | 12.15x | $12.28 Million |
| 2021 | 21.52% | 22.31% | 0.09x | 10.36x | $19.05 Million |
| 2022 | 14.24% | 16.73% | 0.06x | 13.45x | $6.50 Million |
| 2023 | 8.38% | 7.86% | 0.08x | 14.21x | $-2.56 Million |
| 2024 | 9.53% | 8.28% | 0.08x | 13.91x | $-806.20K |
| 2025 | 10.93% | 10.63% | 0.08x | 12.83x | $1.86 Million |
Industry Comparison
This section compares Meridian Bank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $389,399,400
- Average return on equity (ROE) among peers: 10.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Meridian Bank (MRBK) | $202.93 Million | 9.56% | 11.71x | $208.24 Million |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $68.20 Million | 10.85% | 9.15x | $5.79 Billion |
| ACNB Corporation (ACNB) | $51.46 Million | 12.55% | 7.93x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $76.38 Million | 0.59% | 3.01x | $137.13 Million |
| Alerus Financial Corp (ALRS) | $127.25 Million | 8.42% | 8.09x | $736.27 Million |
| Amalgamated Bank (AMAL) | $508.95 Million | 16.01% | 14.41x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $1.00 Billion | 3.23% | 8.67x | $974.56 Million |
| Arrow Financial Corporation (AROW) | $431.85 Million | 10.18% | 9.29x | $622.98 Million |
| Associated Banc-Corp (ASB) | $968.70 Million | 17.34% | 12.55x | $5.45 Billion |
| AmeriServ Financial Inc (ASRV) | $141.70 Million | 14.89% | 15.78x | $62.43 Million |
About Meridian Bank
Meridian Corporation operates as the bank holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, Maryland, and Florida. It provides various deposit products, such as demand non-interest and interest bearing, savings, and money market accounts, as well as time deposits. The company also offers commercial and industrial loans,… Read more