Meridian (MRBK) Net Income (2017 - 2026)
Meridian's (MRBK) quarterly Net Income came in at $2.0 million in Q1 2026, down 16.38% year-on-year from $2.4 million in Q1 2025, and down 72.08% on a QoQ basis from $7.2 million in Q4 2025.
Meridian (MRBK) Net Income (2017 - 2026) Analysis & Trends
Meridian (MRBK) has 10 years of Net Income data on file, last reported at $2.0 million in Q1 2026.
- On a quarterly basis, Net Income fell 16.38% year-over-year to $2.0 million in Q1 2026; TTM through Mar 2026 was $21.4 million, a 33.44% increase from a year earlier, with the FY2025 full-year figure at $21.8 million, up 33.59% from the prior year.
- Net Income for Q1 2026 stood at $2.0 million, down from $7.2 million in the prior quarter.
- Over the last five years, Net Income for MRBK reached as high as $7.2 million in Q4 2025 and fell as low as $570000.0 in Q4 2023.
- Historically, Net Income has averaged $4.4 million across 5 years, with a median of $4.6 million in 2023.
- Across the five-year window, Net Income sank 87.5% in 2023 and soared 882.63% in 2024, its largest moves.
- Year by year, Net Income stood at $4.6 million in 2022, then sank by 87.5% to $570000.0 in 2023, then surged by 882.63% to $5.6 million in 2024, then rose by 28.3% to $7.2 million in 2025, then slumped by 72.08% to $2.0 million in 2026.
- Per Business Quant data, the three most recent Net Income figures were $2.0 million in Q1 2026, $7.2 million in Q4 2025, and $6.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 1.77 Bn |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -385.94 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | 428,428.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | 3.45 Bn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 2.24 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | 3.36 Bn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 4.33 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 5.07 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 1.77 Bn |
| 10 | Meridian | 274.73 Mn | 244.33 Mn | - | 2.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.01 Mn |
| Dec 31, 2025 | 7.19 Mn |
| Sep 30, 2025 | 6.66 Mn |
| Jun 30, 2025 | 5.59 Mn |
| Mar 31, 2025 | 2.40 Mn |
| Dec 31, 2024 | 5.60 Mn |
| Sep 30, 2024 | 4.74 Mn |
| Jun 30, 2024 | 3.33 Mn |
| Mar 31, 2024 | 2.68 Mn |
| Dec 31, 2023 | 570,000.00 |
| Sep 30, 2023 | 4.01 Mn |
| Jun 30, 2023 | 4.65 Mn |
| Mar 31, 2023 | 4.02 Mn |
| Dec 31, 2022 | 4.56 Mn |
| Sep 30, 2022 | 5.80 Mn |
| Jun 30, 2022 | 5.94 Mn |
| Mar 31, 2022 | 5.54 Mn |
| Dec 31, 2021 | 7.72 Mn |
| Sep 30, 2021 | 9.44 Mn |
| Jun 30, 2021 | 8.26 Mn |