Meridian (MRBK) Mortgage Banking (2017 - 2026)
Meridian (MRBK) posted quarterly Mortgage Banking of $4.5 million for Q1 2026, up 33.45% year-over-year from $3.4 million in Q1 2025, and down 20.76% quarter-over-quarter from $5.7 million in Q4 2025.
Meridian (MRBK) Mortgage Banking (2017 - 2026) Analysis & Trends
Meridian (MRBK) has reported Mortgage Banking for 10 consecutive years, with $4.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Mortgage Banking rose 33.45% year-over-year to $4.5 million; the TTM figure through Mar 2026 stood at $21.9 million (up 5.36% YoY), while the FY2025 annual figure was $20.8 million, down 1.24% from the prior year.
- Mortgage Banking retreated to $4.5 million in Q1 2026 per MRBK's latest filing, from $5.7 million in the prior quarter.
- Across five years, Mortgage Banking topped out at $7.3 million in Q3 2022 and bottomed at $3.3 million in Q1 2023.
- Historically, Mortgage Banking has averaged $5.2 million across 5 years, with a median of $5.4 million in 2024.
- Annual changes were most pronounced in 2022 — Mortgage Banking tumbled 70.98% — and 2024, when it soared 62.52%.
- Meridian's Mortgage Banking stood at $4.0 million in 2022, then retreated by 14.25% to $3.4 million in 2023, then jumped by 62.52% to $5.5 million in 2024, then advanced by 3.59% to $5.7 million in 2025, then decreased by 20.76% to $4.5 million in 2026.
- Business Quant data shows MRBK's Mortgage Banking at $4.5 million in Q1 2026, $5.7 million in Q4 2025, and $5.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - |
| 10 | Meridian | 232.32 Mn | 193.96 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.10 Mn |
| Mar 31, 2026 | 4.53 Mn |
| Dec 31, 2025 | 5.71 Mn |
| Sep 30, 2025 | 5.91 Mn |
| Jun 30, 2025 | 5.76 Mn |
| Mar 31, 2025 | 3.39 Mn |
| Dec 31, 2024 | 5.52 Mn |
| Sep 30, 2024 | 6.47 Mn |
| Jun 30, 2024 | 5.42 Mn |
| Mar 31, 2024 | 3.63 Mn |
| Dec 31, 2023 | 3.39 Mn |
| Sep 30, 2023 | 4.82 Mn |
| Jun 30, 2023 | 5.05 Mn |
| Mar 31, 2023 | 3.27 Mn |
| Dec 31, 2022 | 3.96 Mn |
| Sep 30, 2022 | 7.33 Mn |
| Jun 30, 2022 | 6.94 Mn |
| Mar 31, 2022 | 7.10 Mn |
| Dec 31, 2021 | 13.64 Mn |
| Sep 30, 2021 | 18.73 Mn |