Meridian Bank second-quarter earnings and revenue miss estimates

Earnings
โดย Seeking Alpha·Read original
Summary · why it matters

Meridian Bank reported second-quarter GAAP earnings per share of $0.48, missing analyst estimates by $0.03. Revenue came in at $32.67 million, a 0.7% increase from the same quarter last year, but fell short of expectations by $1.63 million. The results were released alongside the announcement of a quarterly dividend.

Impact on stocks 1

Financials · 1 stocks
Meridian Bank
MRBK
▼ NegativeCapitalrelevance

Earnings and revenue missed analyst estimates.