Meridian (MRBK) Operating Expenses (2017 - 2026)
Meridian (MRBK) reported Operating Expenses of $20.2 million for Q1 2026, up 7.55% year-over-year from $18.7 million in Q1 2025, and down 6.93% quarter-over-quarter 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.
- Operating Expenses for Q1 2026 came in at $20.2 million, up 7.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $84.7 million (up 6.27% YoY), and the FY2025 annual result was $83.3 million, up 5.25% from the prior year.
- Operating Expenses fell to $20.2 million in Q1 2026 per MRBK's latest filing, from $21.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $21.7 million in Q4 2025 and troughed at $17.8 million in Q1 2023.
- A 5-year average of $20.1 million and a median of $20.0 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses dropped 24.92% in 2022, then climbed 12.3% in 2025.
- A 5-year view of Operating Expenses shows it stood at $20.0 million in 2022, then fell by 1.7% to $19.7 million in 2023, then grew by 8.67% to $21.4 million in 2024, then rose by 1.15% to $21.7 million in 2025, then slipped by 6.93% to $20.2 million in 2026.
- Business Quant data shows MRBK's Operating Expenses at $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 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | Meridian | 235.98 Mn | 205.58 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 |