Meridian (MRBK)
Market Price (2/23/2026): $20.05 | Market Cap: $227.1 MilSector: Financials | Industry: Regional Banks
Meridian (MRBK)
Market Price (2/23/2026): $20.05Market Cap: $227.1 MilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 2.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.1%, FCF Yield is 12% | Trading close to highsDist 52W High is -3.1%, Dist 3Y High is -3.1% | Key risksMRBK key risks include [1] a high concentration in commercial real estate lending coupled with deteriorating credit quality, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 24%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 22% | Weak multi-year price returns3Y Excs Rtn is -23% | |
| Low stock price volatilityVol 12M is 32% | ||
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Digital & Alternative Assets. Themes include Online Banking & Lending, and Private Credit. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 2.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.1%, FCF Yield is 12% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 24%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 22% |
| Low stock price volatilityVol 12M is 32% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Digital & Alternative Assets. Themes include Online Banking & Lending, and Private Credit. |
| Trading close to highsDist 52W High is -3.1%, Dist 3Y High is -3.1% |
| Weak multi-year price returns3Y Excs Rtn is -23% |
| Key risksMRBK key risks include [1] a high concentration in commercial real estate lending coupled with deteriorating credit quality, Show more. |
Qualitative Assessment
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Meridian (MRBK) stock has gained about 45% since 10/31/2025 because of the following key factors:
1. Strong Fourth Quarter 2025 Financial Performance. Meridian (MRBK) reported robust results for the fourth quarter of 2025, which were announced on January 29, 2026. The company's diluted earnings per share (EPS) of $0.61 surpassed the consensus estimate of $0.55, and quarterly revenue of $34.24 million also exceeded the $32.41 million consensus. Net income for the quarter increased by 7.9% from the previous quarter, contributing to a 33.6% rise in annual earnings over 2024. Pre-provision net revenue (PPNR) also improved by 13% compared to Q4 2024.
2. Increased Quarterly Dividend. Concurrent with its strong Q4 2025 earnings, Meridian's Board of Directors declared an increased quarterly cash dividend of $0.14 per common share, payable on February 17, 2026. This represents a 12% increase from the prior quarter's dividend of $0.125 per share, signaling confidence in the company's financial health and future prospects.
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1. Strong Fourth Quarter 2025 Financial Performance. Meridian (MRBK) reported robust results for the fourth quarter of 2025, which were announced on January 29, 2026. The company's diluted earnings per share (EPS) of $0.61 surpassed the consensus estimate of $0.55, and quarterly revenue of $34.24 million also exceeded the $32.41 million consensus. Net income for the quarter increased by 7.9% from the previous quarter, contributing to a 33.6% rise in annual earnings over 2024. Pre-provision net revenue (PPNR) also improved by 13% compared to Q4 2024.
2. Increased Quarterly Dividend. Concurrent with its strong Q4 2025 earnings, Meridian's Board of Directors declared an increased quarterly cash dividend of $0.14 per common share, payable on February 17, 2026. This represents a 12% increase from the prior quarter's dividend of $0.125 per share, signaling confidence in the company's financial health and future prospects.
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Stock Movement Drivers
Fundamental Drivers
The 42.6% change in MRBK stock from 10/31/2025 to 2/22/2026 was primarily driven by a 30.2% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 2222026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.07 | 20.06 | 42.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 121 | 125 | 3.3% |
| Net Income Margin (%) | 15.1% | 16.2% | 6.9% |
| P/E Multiple | 8.6 | 11.2 | 30.2% |
| Shares Outstanding (Mil) | 11 | 11 | -0.9% |
| Cumulative Contribution | 42.6% |
Market Drivers
10/31/2025 to 2/22/2026| Return | Correlation | |
|---|---|---|
| MRBK | 42.6% | |
| Market (SPY) | 1.1% | 27.0% |
| Sector (XLF) | 0.2% | 39.4% |
Fundamental Drivers
The 39.5% change in MRBK stock from 7/31/2025 to 2/22/2026 was primarily driven by a 15.6% change in the company's Net Income Margin (%).| (LTM values as of) | 7312025 | 2222026 | Change |
|---|---|---|---|
| Stock Price ($) | 14.38 | 20.06 | 39.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 115 | 125 | 9.0% |
| Net Income Margin (%) | 14.0% | 16.2% | 15.6% |
| P/E Multiple | 10.0 | 11.2 | 11.9% |
| Shares Outstanding (Mil) | 11 | 11 | -1.1% |
| Cumulative Contribution | 39.5% |
Market Drivers
7/31/2025 to 2/22/2026| Return | Correlation | |
|---|---|---|
| MRBK | 39.5% | |
| Market (SPY) | 9.4% | 31.8% |
| Sector (XLF) | 0.6% | 50.1% |
Fundamental Drivers
The 25.0% change in MRBK stock from 1/31/2025 to 2/22/2026 was primarily driven by a 49.8% change in the company's Net Income Margin (%).| (LTM values as of) | 1312025 | 2222026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.05 | 20.06 | 25.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 105 | 125 | 19.4% |
| Net Income Margin (%) | 10.8% | 16.2% | 49.8% |
| P/E Multiple | 15.8 | 11.2 | -28.8% |
| Shares Outstanding (Mil) | 11 | 11 | -1.9% |
| Cumulative Contribution | 25.0% |
Market Drivers
1/31/2025 to 2/22/2026| Return | Correlation | |
|---|---|---|
| MRBK | 25.0% | |
| Market (SPY) | 15.6% | 52.3% |
| Sector (XLF) | 3.0% | 60.1% |
Fundamental Drivers
The 43.7% change in MRBK stock from 1/31/2023 to 2/22/2026 was primarily driven by a 71.1% change in the company's P/E Multiple.| (LTM values as of) | 1312023 | 2222026 | Change |
|---|---|---|---|
| Stock Price ($) | 13.96 | 20.06 | 43.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 119 | 125 | 5.4% |
| Net Income Margin (%) | 21.0% | 16.2% | -23.1% |
| P/E Multiple | 6.6 | 11.2 | 71.1% |
| Shares Outstanding (Mil) | 12 | 11 | 3.6% |
| Cumulative Contribution | 43.7% |
Market Drivers
1/31/2023 to 2/22/2026| Return | Correlation | |
|---|---|---|
| MRBK | 43.7% | |
| Market (SPY) | 75.9% | 35.7% |
| Sector (XLF) | 50.1% | 44.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| MRBK Return | 88% | -13% | -4% | 3% | 33% | 15% | 147% |
| Peers Return | 44% | -8% | 5% | 16% | 8% | 13% | 95% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 0% | 83% |
Monthly Win Rates [3] | |||||||
| MRBK Win Rate | 75% | 42% | 67% | 67% | 58% | 100% | |
| Peers Win Rate | 72% | 42% | 48% | 50% | 50% | 100% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| MRBK Max Drawdown | -7% | -20% | -46% | -39% | -15% | -3% | |
| Peers Max Drawdown | -1% | -20% | -37% | -17% | -18% | -1% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: FULT, WSFS, PFS, CNOB, ORRF.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/20/2026 (YTD)
How Low Can It Go
| Event | MRBK | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -57.2% | -25.4% |
| % Gain to Breakeven | 133.8% | 34.1% |
| Time to Breakeven | 1,005 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -43.3% | -33.9% |
| % Gain to Breakeven | 76.4% | 51.3% |
| Time to Breakeven | 238 days | 148 days |
| 2018 Correction | ||
| % Loss | -23.2% | -19.8% |
| % Gain to Breakeven | 30.2% | 24.7% |
| Time to Breakeven | 777 days | 120 days |
Compare to FULT, WSFS, PFS, CNOB, ORRF
In The Past
Meridian's stock fell -57.2% during the 2022 Inflation Shock from a high on 2/8/2022. A -57.2% loss requires a 133.8% gain to breakeven.
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About Meridian (MRBK)
Meridian Corporation operates as the holding company for Meridian Bank that provides commercial banking products and services in Pennsylvania, New Jersey, Delaware, and Maryland. The company offers various deposit products, such as demand non-interest bearing, demand interest bearing, savings accounts, money market accounts, and time deposits. It also provides commercial and industrial loans comprising business lines of credit, term loans, small business lending, lease financing, and shared national credits; commercial real estate, and land development and construction loans for residential and commercial projects; and consumer and home equity lending, private banking, merchant, and title and land settlement services. In addition, the company operates and originates mortgage loans for 1-4 family dwellings; and offers real estate holding, investment advisory, and equipment leasing services. It operates through a network of 6 full-service branches, and 19 other offices. The company was founded in 2004 and is headquartered in Malvern, Pennsylvania.
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Here are 1-3 brief analogies for Meridian (MRBK):
- PNC Bank for the Philadelphia suburbs.
- A localized M&T Bank for the Greater Philadelphia area.
- A community-centric Citizens Bank for the Delaware Valley.
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Here are the major products and services offered by Meridian (MRBK):- Commercial Banking Services: Provides businesses with a range of financial products, including commercial loans, lines of credit, deposit accounts, and treasury management solutions.
- Personal Banking Services: Offers individuals deposit products like checking, savings, and certificates of deposit, alongside various consumer loans such as mortgages, home equity, and auto loans.
- Wealth Management Services: Delivers comprehensive financial planning, investment management, and trust and estate planning services to high-net-worth individuals and families.
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Meridian Corporation (MRBK), through its subsidiary Meridian Bank, primarily serves other companies, as evidenced by its loan portfolio where commercial real estate, commercial and industrial, and construction loans represent the vast majority of its lending activities. Due to the diversified nature of a bank's customer base, client confidentiality, and regulatory requirements that limit concentration risk, Meridian Bank does not have a small number of identifiable "major customer companies" that account for a significant portion of its revenue. Its business is built on serving a broad range of borrowers and depositors. Therefore, specific names of customer companies cannot be provided. Instead, Meridian Bank's major customers can be characterized by the following categories of businesses:- Commercial Real Estate Investors and Developers: Companies engaged in the acquisition, development, and management of various types of commercial properties, including multi-family residential, office, retail, and industrial spaces. These customers seek financing for property purchases, construction, and refinancing.
- Small to Medium-Sized Businesses (Commercial & Industrial): Businesses across a diverse range of industries that require financing for working capital, equipment purchases, expansion projects, and other operational needs.
- Construction Companies: Firms involved in commercial and residential construction projects, seeking project-specific financing for land development, building construction, and infrastructure improvements.
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Christopher J. Annas, Founder, Chairman, President and Chief Executive Officer
Mr. Annas founded Meridian Bank in 2004 and Meridian Corporation in 2009, currently serving as its Chairman, President, and CEO. Before establishing Meridian, he was the President, CEO, and co-founder of Community Bank of Chester County (also referred to as Stonebridge Bank). He also previously served as Regional Vice President for Summit Bank, where he led small business lending efforts in the Delaware Valley and managed large corporate lending in Pennsylvania and Southern New Jersey, as well as the national media communications business. He has over 45 years of experience in banking.
Denise Lindsay, Executive Vice President, Chief Financial Officer and Director
Ms. Lindsay is responsible for financial reporting, investor relations, risk management, asset-liability management, treasury, forecasting, and budgeting at Meridian Corporation. Prior to joining Meridian, she was the Vice President and Controller of DNB First from 1992 to 2004. Before that, she worked as a Senior Accountant for KPMG, LLP. Ms. Lindsay is a Certified Public Accountant with 35 years of experience in bank financial management.
Clarence A. Martindell, Executive Vice President, Commercial Real Estate Lending
Mr. Martindell serves as the Executive Vice President of Commercial Real Estate Lending at Meridian.
T. Benjamin Marsho, EVP, Chief Risk Officer
Mr. Marsho holds the position of Executive Vice President and Chief Risk Officer at Meridian.
Michael Joseph Curry, Counsel and Corporate
Mr. Curry is listed as Counsel and Corporate for Meridian Corporation.
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The key risks to Meridian (MRBK) are:
- Credit Quality Deterioration and Concentration in Commercial Real Estate (CRE) Lending: Meridian Corporation exhibits a significant reliance on Commercial Real Estate (CRE) lending, with approximately 71.8% of its total loan portfolio tied to real estate as of Q2 2025. This high concentration makes the bank particularly vulnerable to market downturns, interest rate fluctuations, and economic shifts. Furthermore, the company has reported a continued deterioration in credit quality, with non-performing loans and leases (NPLs/loans) increasing from 2.35% in Q2 2025 to 2.53% in Q3 2025. An analyst has also highlighted that the percentage of non-performing assets and loans are above preferred maximums.
- Regulatory Risks in Wealth Management: Meridian Bank faces substantial business risks within its wealth management sector due to stringent regulatory oversight from bodies such as the SEC and the Financial Industry Regulatory Authority (FINRA). Non-compliance could result in severe penalties, including fines and suspension, which could significantly harm the bank's financial health and profitability. Additionally, changes in legislation or regulations have the potential to introduce further operational costs, thereby straining profit margins.
- Lack of Core Deposit Growth and Net Interest Margin (NIM) Pressure: Meridian Corporation encounters challenges stemming from insufficient core deposit growth. This trend is likely to lead to a decline in its net interest margin (NIM) and consequently restrict asset growth. Despite a temporary improvement in NIM, the overall mixed performance indicates underlying vulnerabilities in the company's financial health.
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The increasing consumer adoption of digital-only banks (neobanks) and specialized online lending platforms presents a clear emerging threat. These competitors leverage technology to offer streamlined, often lower-cost, and digitally superior banking experiences, directly challenging the traditional branch-based community banking model. This trend has the potential to erode Meridian's deposit base, diminish loan origination opportunities, and reduce overall market share, particularly among younger and digitally-savvy demographics who prioritize convenience and digital accessibility over physical branch presence.
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Regional Banking: The addressable market size for regional banking services in the U.S., encompassing various commercial and retail banking products such as deposits and commercial and industrial loans, is estimated at $406.5 billion in 2025.
Commercial Real Estate Lending: The addressable market size for commercial real estate and multifamily loan originations in the U.S. is projected to reach $583 billion in 2025.
Home Mortgages: The addressable market size for mortgage originations in the U.S. was approximately $1.69 trillion in 2024.
Wealth Management: null
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Expected Drivers of Future Revenue Growth for Meridian Corporation (MRBK)
Over the next 2-3 years, Meridian Corporation (MRBK) is anticipated to drive future revenue growth through several key areas:
- Strong Loan Growth, particularly in Commercial and Real Estate segments: Meridian has demonstrated robust loan growth, with commercial loans showing consistent increases. The company continues to prioritize growth in its principal commercial/industrial and real estate segments and predicts annual loan growth between 8-10%.
- Net Interest Margin (NIM) Expansion: Meridian has seen an improving net interest margin, which management attributes to higher loan yields. The company also has an opportunity to further expand its margin by lowering deposit costs as time deposits mature.
- Growth in Mortgage Banking Income: Despite market fluctuations, Meridian's mortgage banking activities have contributed to revenue, with periods of increased originations and improved margins.
- Expansion of Wealth Management Income: Meridian has observed a rise in wealth management income, indicating this segment as a contributor to non-interest income growth.
- Capitalizing on Market Consolidation: Management expects to leverage market consolidation and reduced competition within its primary metropolitan operating areas to its advantage, potentially leading to increased market share and revenue.
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Meridian (MRBK) Capital Allocation Decisions (Last 3-5 Years)
Share Repurchases
- Meridian Corporation adopted a stock repurchase plan on April 22, 2021.
- The company's Board of Directors authorized an increase in the repurchase plan to up to $20 million of its outstanding common stock over a two-year period, announced on August 30, 2021.
- Prior to the August 2021 increase, approximately $5.4 million remained available for repurchases under the April 2021 plan.
Capital Expenditures
- Meridian reported capital expenditures of -$1.68 million in the last 12 months.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Meridian Stock Jump Looks Great, But How Secure Is That Gain? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to MRBK.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 01302026 | FDS | FactSet Research Systems | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -19.1% | -19.1% | -23.8% |
| 01302026 | PFSI | PennyMac Financial Services | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -7.6% | -7.6% | -9.2% |
| 01232026 | FIS | Fidelity National Information Services | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -22.6% | -22.6% | -22.6% |
| 01022026 | MORN | Morningstar | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -23.9% | -23.9% | -26.8% |
| 01022026 | ABR | Arbor Realty Trust | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | -2.9% | -2.9% | -6.7% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 25.52 |
| Mkt Cap | 2.2 |
| Rev LTM | 597 |
| Op Inc LTM | - |
| FCF LTM | 151 |
| FCF 3Y Avg | 158 |
| CFO LTM | 159 |
| CFO 3Y Avg | 165 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 25.5% |
| Rev Chg 3Y Avg | 9.4% |
| Rev Chg Q | 4.0% |
| QoQ Delta Rev Chg LTM | 1.0% |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 26.2% |
| CFO/Rev 3Y Avg | 27.7% |
| FCF/Rev LTM | 23.6% |
| FCF/Rev 3Y Avg | 25.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.2 |
| P/S | 3.3 |
| P/EBIT | - |
| P/E | 11.5 |
| P/CFO | 11.5 |
| Total Yield | 10.1% |
| Dividend Yield | 2.3% |
| FCF Yield 3Y Avg | 10.0% |
| D/E | 0.6 |
| Net D/E | -0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 10.6% |
| 3M Rtn | 22.7% |
| 6M Rtn | 16.9% |
| 12M Rtn | 22.2% |
| 3Y Rtn | 42.5% |
| 1M Excs Rtn | 7.4% |
| 3M Excs Rtn | 24.2% |
| 6M Excs Rtn | 14.4% |
| 12M Excs Rtn | 6.5% |
| 3Y Excs Rtn | -25.6% |
FDA Approved Drugs Data
Expand for More| Post-Approval Fwd Returns | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| FDA App # | Brand Name | Generic Name | Dosage Form | FDA Approval | 3M Rtn | 6M Rtn | 1Y Rtn | 2Y Rtn | Total Rtn |
| NDA022377 | ALSUMA | sumatriptan succinate | injectable | 6292010 | |||||
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Banking segment (Bank) | 77 | 76 | 72 | 55 | 40 |
| Meridian’s mortgage banking segment (Mortgage) | 19 | 30 | 74 | 77 | 26 |
| Meridian Wealth (Wealth) | 5 | 5 | 5 | 4 | 4 |
| Total | 101 | 112 | 151 | 136 | 69 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Banking segment (Bank) | 2,186 | 2,012 | 1,608 | 1,488 | 1,113 |
| Meridian’s mortgage banking segment (Mortgage) | 53 | 42 | 99 | 226 | 32 |
| Meridian Wealth (Wealth) | 7 | 8 | 6 | 5 | 5 |
| Total | 2,246 | 2,062 | 1,713 | 1,720 | 1,150 |
Price Behavior
Price Behavior
| Market Price | $20.06 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 11/07/2017 | |
| Distance from 52W High | -3.1% | |
| 50 Days | 200 Days | |
| DMA Price | $18.37 | $15.29 |
| DMA Trend | up | up |
| Distance from DMA | 9.2% | 31.2% |
| 3M | 1YR | |
| Volatility | 29.5% | 32.0% |
| Downside Capture | -105.30 | 44.66 |
| Upside Capture | 87.57 | 66.75 |
| Correlation (SPY) | 18.8% | 52.2% |
MRBK Betas & Captures as of 1/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.24 | 0.53 | 0.87 | 0.93 | 0.89 | 0.77 |
| Up Beta | 6.43 | 3.69 | 2.05 | 2.11 | 0.99 | 0.78 |
| Down Beta | 1.20 | 0.64 | 0.99 | 1.10 | 1.08 | 0.86 |
| Up Capture | 73% | 72% | 145% | 80% | 57% | 39% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 9 | 20 | 31 | 58 | 108 | 337 |
| Down Capture | -103% | -126% | -35% | 12% | 70% | 90% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 10 | 19 | 28 | 62 | 135 | 365 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MRBK | |
|---|---|---|---|---|
| MRBK | 23.1% | 32.3% | 0.67 | - |
| Sector ETF (XLF) | 1.6% | 19.4% | -0.04 | 60.3% |
| Equity (SPY) | 13.5% | 19.4% | 0.53 | 52.2% |
| Gold (GLD) | 74.5% | 25.6% | 2.15 | 1.9% |
| Commodities (DBC) | 7.2% | 16.9% | 0.25 | 20.3% |
| Real Estate (VNQ) | 7.1% | 16.7% | 0.24 | 47.1% |
| Bitcoin (BTCUSD) | -29.7% | 44.9% | -0.65 | 15.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MRBK | |
|---|---|---|---|---|
| MRBK | 17.5% | 30.2% | 0.58 | - |
| Sector ETF (XLF) | 12.6% | 18.7% | 0.54 | 36.8% |
| Equity (SPY) | 13.4% | 17.0% | 0.62 | 28.4% |
| Gold (GLD) | 22.6% | 17.1% | 1.08 | 0.9% |
| Commodities (DBC) | 10.9% | 19.0% | 0.46 | 11.3% |
| Real Estate (VNQ) | 5.0% | 18.8% | 0.17 | 27.2% |
| Bitcoin (BTCUSD) | 7.4% | 57.1% | 0.35 | 7.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with MRBK | |
|---|---|---|---|---|
| MRBK | 11.1% | 32.8% | 0.47 | - |
| Sector ETF (XLF) | 14.7% | 22.2% | 0.61 | 29.7% |
| Equity (SPY) | 16.1% | 17.9% | 0.77 | 23.2% |
| Gold (GLD) | 14.8% | 15.6% | 0.79 | 2.0% |
| Commodities (DBC) | 8.6% | 17.6% | 0.40 | 11.0% |
| Real Estate (VNQ) | 7.0% | 20.7% | 0.30 | 24.9% |
| Bitcoin (BTCUSD) | 68.0% | 66.7% | 1.07 | 7.0% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/29/2026 | 3.7% | ||
| 10/23/2025 | 2.1% | -4.8% | 1.3% |
| 7/24/2025 | 1.4% | 0.4% | 5.9% |
| 4/25/2025 | -1.3% | -2.3% | -1.9% |
| 1/24/2025 | 1.5% | 6.0% | -0.5% |
| 10/24/2024 | 1.6% | 8.2% | 20.5% |
| 7/26/2024 | -0.1% | 0.0% | 2.2% |
| 4/26/2024 | 0.9% | -1.4% | 10.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 20 | 18 | 18 |
| # Negative | 5 | 6 | 6 |
| Median Positive | 1.8% | 6.1% | 10.7% |
| Median Negative | -0.5% | -1.9% | -1.0% |
| Max Positive | 8.1% | 14.2% | 39.1% |
| Max Negative | -1.5% | -10.0% | -23.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/17/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 03/15/2024 | 10-K |
| 09/30/2023 | 11/09/2023 | 10-Q |
| 06/30/2023 | 08/09/2023 | 10-Q |
| 03/31/2023 | 05/10/2023 | 10-Q |
| 12/31/2022 | 03/16/2023 | 10-K |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/09/2022 | 10-Q |
| 03/31/2022 | 05/10/2022 | 10-Q |
| 12/31/2021 | 03/16/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Imbesi, Anthony Mark | Direct | Buy | 8282025 | 15.72 | 522 | 8,208 | 6,056,578 | Form | |
| 2 | Holland, Robert T | Direct | Buy | 5282025 | 14.30 | 599 | 8,570 | 1,108,998 | Form | |
| 3 | Holland, Robert T | Spouse | Buy | 5282025 | 14.30 | 9 | 125 | 14,425 | Form | |
| 4 | Casciato, Robert M | Direct | Buy | 5092025 | 13.79 | 2,000 | 27,574 | 2,969,642 | Form | |
| 5 | Lindsay, Denise | EVP, Chief Financial Officer | Direct | Buy | 5082025 | 13.57 | 600 | 8,145 | 1,202,729 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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