Meridian (MRBK) Operating Expenses (2017 - 2026)
Meridian (MRBK) posted quarterly 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 reported Operating Expenses for 10 consecutive years, with $20.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 7.55% year-over-year to $20.2 million; the TTM figure through Mar 2026 stood at $84.7 million (up 6.27% YoY), while the FY2025 annual figure was $83.3 million, up 5.25% from the prior year.
- Operating Expenses eased to $20.2 million in Q1 2026 per MRBK's latest filing, from $21.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $21.7 million in Q4 2025 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses dropped 24.92% — and 2025, when it climbed 12.3%.
- Meridian's Operating Expenses stood at $20.0 million in 2022, then retreated by 1.7% to $19.7 million in 2023, then increased by 8.67% to $21.4 million in 2024, then gained by 1.15% to $21.7 million in 2025, then dropped 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 | Hdfc Bank | 120.97 Bn | 84.77 Bn | - | - |
| 2 | Pnc Financial Services | 97.71 Bn | 97.71 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.02 Bn | 96.02 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 74.78 Bn | -144.31 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.00 Bn | -81.31 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 71.16 Bn | 57.48 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.56 Bn | 61.56 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.59 Bn | 25.87 Bn | - | 2.11 Bn |
| 10 | Meridian | 233.62 Mn | 195.27 Mn | - | 22.23 Mn |
Historic Data
Download 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 |