Meridian (MRBK) Service Charges (2017 - 2022)
Meridian (MRBK) posted quarterly Service Charges of $696000.0 for Q2 2022, up 439.53% year-over-year from $129000.0 in Q2 2021, and up 22.97% quarter-over-quarter from $566000.0 in Q1 2022.
Meridian (MRBK) Service Charges (2017 - 2022) Analysis & Trends
Meridian (MRBK) has reported Service Charges for 6 consecutive years, with $696000.0 the latest figure, recorded in Q2 2022.
- In Q2 2022, Service Charges rose 439.53% year-over-year to $696000.0; the TTM figure through Jun 2022 stood at $1.4 million (up 681.46% YoY), while the FY2021 annual figure was $128000.0, up 19.63% from the prior year.
- Service Charges climbed to $696000.0 in Q2 2022 per MRBK's latest filing, from $566000.0 in the prior quarter.
- Across five years, Service Charges topped out at $696000.0 in Q2 2022 and bottomed at $21000.0 in Q2 2020.
- Historically, Service Charges has averaged $128076.9 across 5 years, with a median of $28000.0 in 2018.
- Annual changes were most pronounced in 2020 — Service Charges dropped 22.22% — and 2021, when it soared 514.29%.
- Meridian's Service Charges stood at $28000.0 in 2018, then changed by 0.0% to $28000.0 in 2019, then retreated by 25.0% to $21000.0 in 2020, then jumped by 514.29% to $129000.0 in 2021, then jumped by 439.53% to $696000.0 in 2022.
- Business Quant data shows MRBK's Service Charges at $696000.0 in Q2 2022, $566000.0 in Q1 2022, and $129000.0 in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | Meridian | 235.52 Mn | 197.17 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 696,000.00 |
| Mar 31, 2022 | 566,000.00 |
| Jun 30, 2021 | 129,000.00 |
| Jun 30, 2020 | 21,000.00 |
| Mar 31, 2020 | 28,000.00 |
| Dec 31, 2019 | 28,000.00 |
| Sep 30, 2019 | 28,000.00 |
| Jun 30, 2019 | 27,000.00 |
| Mar 31, 2019 | 27,000.00 |
| Dec 31, 2018 | 28,000.00 |
| Sep 30, 2018 | 27,000.00 |
| Jun 30, 2018 | 28,000.00 |
| Mar 31, 2018 | 32,000.00 |
| Dec 31, 2017 | 25,000.00 |
| Sep 30, 2017 | 22,000.00 |