Meridian (MRBK) Operating Expenses (2017 - 2026)
Meridian's (MRBK) quarterly Operating Expenses came in at $20.2 million in Q1 2026, up 7.55% year-on-year from $18.7 million in Q1 2025, and down 6.93% on a QoQ basis from $21.7 million in Q4 2025.
Meridian (MRBK) Operating Expenses (2017 - 2026) Analysis & Trends
Meridian (MRBK) has 10 years of Operating Expenses data on file, last reported at $20.2 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 7.55% year-over-year to $20.2 million in Q1 2026; TTM through Mar 2026 was $84.7 million, a 6.27% increase from a year earlier, with the FY2025 full-year figure at $83.3 million, up 5.25% from the prior year.
- Operating Expenses for Q1 2026 stood at $20.2 million, down from $21.7 million in the prior quarter.
- Over the last five years, Operating Expenses for MRBK reached as high as $21.7 million in Q4 2025 and fell as low as $17.8 million in Q1 2023.
- Historically, Operating Expenses has averaged $20.1 million across 5 years, with a median of $20.0 million in 2022.
- Across the five-year window, Operating Expenses decreased 24.92% in 2022 and gained 12.3% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $20.0 million in 2022, then slipped by 1.7% to $19.7 million in 2023, then gained by 8.67% to $21.4 million in 2024, then climbed by 1.15% to $21.7 million in 2025, then fell by 6.93% to $20.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $20.2 million in Q1 2026, $21.7 million in Q4 2025, and $21.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | -19.71 Mn |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | -1.04 Bn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -287,925.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | -2.75 Bn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | -17.40 Bn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | -3.86 Bn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 7.75 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 11.90 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 3.77 Bn |
| 10 | Meridian | 274.73 Mn | 244.33 Mn | - | 20.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.16 Mn |
| Dec 31, 2025 | 21.66 Mn |
| Sep 30, 2025 | 21.55 Mn |
| Jun 30, 2025 | 21.36 Mn |
| Mar 31, 2025 | 18.74 Mn |
| Dec 31, 2024 | 21.41 Mn |
| Sep 30, 2024 | 20.55 Mn |
| Jun 30, 2024 | 19.02 Mn |
| Mar 31, 2024 | 18.17 Mn |
| Dec 31, 2023 | 19.70 Mn |
| Sep 30, 2023 | 20.02 Mn |
| Jun 30, 2023 | 19.62 Mn |
| Mar 31, 2023 | 17.79 Mn |
| Dec 31, 2022 | 20.04 Mn |
| Sep 30, 2022 | 20.26 Mn |
| Jun 30, 2022 | 19.71 Mn |
| Mar 31, 2022 | 21.43 Mn |
| Dec 31, 2021 | 23.74 Mn |
| Sep 30, 2021 | 25.48 Mn |
| Jun 30, 2021 | 26.25 Mn |