Meridian (MRBK) Return on Invested Capital (2018 - 2023)
Meridian (MRBK) posted quarterly Return on Invested Capital of 0.01% for Q2 2023, up 1.0% year-over-year from 0.01% in Q2 2022, and up 101.16% quarter-over-quarter from 0.01% in Q1 2023.
Meridian (MRBK) Return on Invested Capital (2018 - 2023) Analysis & Trends
Meridian (MRBK) has reported Return on Invested Capital for 6 consecutive years, with 0.01% the latest figure, recorded in Q2 2023.
- In Q2 2023, Return on Invested Capital rose 1.0% year-over-year to 0.01%; the TTM figure through Jun 2023 stood at 0.01% (up 1.0% YoY), while the FY2021 annual figure was 0.01%, changed 0.0% from the prior year.
- Return on Invested Capital rose to 0.01% in Q2 2023 per MRBK's latest filing, from 0.01% in the prior quarter.
- Across five years, Return on Invested Capital topped out at 0.01% in Q2 2023 and bottomed at 0.0% in Q1 2020.
- Historically, Return on Invested Capital has averaged 0.0% across 5 years, with a median of 0.0% in 2021.
- Annual changes were most pronounced in 2019 — Return on Invested Capital changed 0 bps — and 2023, when it rose 1 bps.
- Meridian's Return on Invested Capital stood at 0.0% in 2019, then soared by 163 bps to 0.0% in 2020, then surged by 197 bps to 0.0% in 2021, then surged by 48 bps to 0.0% in 2022, then soared by 199 bps to 0.01% in 2023.
- Business Quant data shows MRBK's Return on Invested Capital at 0.01% in Q2 2023, 0.01% in Q1 2023, and 0.0% in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 0.00% |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | 0.00% |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | 0.00% |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 0.00% |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | 0.02% |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 0.00% |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 0.02% |
| 10 | Meridian | 235.52 Mn | 197.17 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 0.01% |
| Mar 31, 2023 | 0.01% |
| Dec 31, 2022 | 0.00% |
| Sep 30, 2022 | 0.00% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | 0.00% |
| Mar 31, 2021 | 0.00% |
| Dec 31, 2020 | 0.00% |
| Sep 30, 2020 | 0.00% |
| Jun 30, 2020 | 0.00% |
| Mar 31, 2020 | 0.00% |
| Dec 31, 2019 | 0.00% |
| Sep 30, 2019 | 0.00% |
| Jun 30, 2019 | 0.00% |
| Mar 31, 2019 | 0.00% |
| Dec 31, 2018 | 0.00% |
| Sep 30, 2018 | 0.00% |