Meridian (MRBK) Other Gross PP&E Adjustments (2017 - 2021)

Meridian (MRBK) reported Other Gross PP&E Adjustments of $3.2 million for Q4 2021, down 22.02% year-over-year from $4.1 million in Q4 2020, and down 22.02% on a QoQ basis from $4.1 million in Q4 2020.

Meridian (MRBK) has 5 years of Other Gross PP&E Adjustments data on file, last reported at $3.2 million in Q4 2021.

  • Quarterly Other Gross PP&E Adjustments fell 22.02% year-over-year to $3.2 million in Q4 2021, while the trailing twelve-month figure through Dec 2021 was $3.2 million (down 22.02% YoY) and the FY2021 annual result came in at $3.2 million, down 22.02% from the prior year.
  • Other Gross PP&E Adjustments declined to $3.2 million in Q4 2021 per MRBK's latest filing, from $4.1 million in the prior quarter.
  • Across five years, Other Gross PP&E Adjustments topped out at $5.6 million in Q4 2017 and bottomed at $3.2 million in Q4 2019.
  • The 5-year median for Other Gross PP&E Adjustments is $3.8 million (2018), against an average of $4.0 million.
  • The widest annual swing landed in 2018, when Other Gross PP&E Adjustments plunged 31.57%; it then surged 31.21% in 2020.
  • Tracing MRBK's Other Gross PP&E Adjustments over 5 years: stood at $5.6 million in 2017, then sank by 31.57% to $3.8 million in 2018, then decreased by 17.47% to $3.2 million in 2019, then surged by 31.21% to $4.1 million in 2020, then slipped by 22.02% to $3.2 million in 2021.
  • Per Business Quant, the three latest MRBK Other Gross PP&E Adjustments figures stand at $3.2 million (Q4 2021), $4.1 million (Q4 2020), and $3.2 million (Q4 2019).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Other Gross PP&E Adjustments (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - 105,046.00
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -219.66 Mn
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - -
6 Landmark Bancorp 164.67 Bn 164.64 Bn - -380,000.00
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - 866.35 Mn
8 KB Financial 150.02 Bn 142.15 Bn - 3.50 Bn
9 Pnc Financial Services 88.79 Bn 88.84 Bn - -
10 Meridian 209.47 Mn 179.06 Mn - -

Historic Data

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DateValue
Dec 31, 2021 3.23 Mn
Dec 31, 2021 3.23 Mn
Dec 31, 2020 4.14 Mn
Dec 31, 2020 4.14 Mn
Dec 31, 2019 3.16 Mn
Dec 31, 2019 3.16 Mn
Dec 31, 2018 3.82 Mn
Dec 31, 2018 3.82 Mn
Dec 31, 2017 5.59 Mn
Dec 31, 2017 5.59 Mn