Meridian (MRBK) Operating Expenses (2017 - 2026)
Meridian (MRBK) reported Operating Expenses of $22.23 million for Q2 2026, up 4.1% from $21.36 million a year earlier and up 10.3% from the prior quarter.
Meridian (MRBK) Operating Expenses (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Meridian's Operating Expenses came in at $85.59 million, up 4.3% year-over-year; for FY2025, it came in at $83.3 million, up 5.2% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of -2.2% (FY2020 to FY2025).
- By year, Operating Expenses came in at $79.15 million in FY2024 (+2.6%), $77.13 million in FY2023 (-5.3%), $81.44 million in FY2022 (-21.5%) and $103.73 million in FY2021 (+11.4%).
- The Q2 2026 figure ranks as the highest quarterly Operating Expenses since Q4 2021.
- Year over year, Operating Expenses has now increased in each of the last eight quarters, with growth averaging 5.5% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was Q2 2025 (growth of 12.3%); the low point was Q4 2021 (a decline of 25.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $20.16 million (Q1 2026), $21.66 million (Q4 2025) and $21.55 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.36 Bn | 924.83 Bn | - | 27.32 Bn |
| 2 | Banco Santander Chile | 425.01 Bn | 544.95 Bn | - | -3,218.32 Bn |
| 3 | Bank Of America | 389.22 Bn | -1,986.85 Bn | - | 18.63 Bn |
| 4 | Hsbc Holdings | 347.56 Bn | 347.61 Bn | - | - |
| 5 | Morgan Stanley | 304.44 Bn | -204.66 Bn | - | 13.90 Bn |
| 6 | Royal Bank Of Canada | 281.54 Bn | 132.29 Bn | - | 7.02 Bn |
| 7 | Mitsubishi Ufj Financial | 277.23 Bn | -1,311.26 Bn | 10.89 Bn | 17.50 Bn |
| 8 | Goldman Sachs | 267.12 Bn | -3,289.99 Bn | - | 11.67 Bn |
| 9 | Wells Fargo & Company | 244.76 Bn | 246.90 Bn | - | 13.66 Bn |
| 10 | Meridian | 227.86 Mn | 219.26 Mn | - | 22.23 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.23 Mn |
| 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 |
Meridian Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=MRBK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "MRBK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=MRBK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();