Meridian (MRBK) Short term Debt (2017 - 2022)
Meridian (MRBK) posted quarterly Short term Debt of $23.5 million for Q3 2022, up 5.3% year-over-year from $22.3 million in Q3 2021, and down 60.33% quarter-over-quarter from $59.1 million in Q2 2022.
Meridian (MRBK) Short term Debt (2017 - 2022) Analysis & Trends
Meridian (MRBK) has reported Short term Debt for 6 consecutive years, with $23.5 million the latest figure, recorded in Q3 2022.
- In Q3 2022, Short term Debt rose 5.3% year-over-year to $23.5 million; the TTM figure through Sep 2022 stood at $23.5 million (up 5.3% YoY), while the FY2021 annual figure was $41.3 million, down 61.31% from the prior year.
- Short term Debt retreated to $23.5 million in Q3 2022 per MRBK's latest filing, from $59.1 million in the prior quarter.
- Across five years, Short term Debt topped out at $129.7 million in Q1 2020 and bottomed at $22.3 million in Q3 2021.
- Historically, Short term Debt has averaged $72.8 million across 5 years, with a median of $75.0 million in 2019.
- Annual changes were most pronounced in 2019 — Short term Debt surged 193.6% — and 2021, when it sank 79.66%.
- Meridian's Short term Debt stood at $114.3 million in 2018, then advanced by 8.2% to $123.7 million in 2019, then fell by 13.6% to $106.9 million in 2020, then sank by 61.31% to $41.3 million in 2021, then sank by 43.26% to $23.5 million in 2022.
- Business Quant data shows MRBK's Short term Debt at $23.5 million in Q3 2022, $59.1 million in Q2 2022, and $36.1 million in Q1 2022.
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 |
|---|---|
| Sep 30, 2022 | 23.46 Mn |
| Jun 30, 2022 | 59.14 Mn |
| Mar 31, 2022 | 36.14 Mn |
| Dec 31, 2021 | 41.34 Mn |
| Sep 30, 2021 | 22.28 Mn |
| Jun 30, 2021 | 33.54 Mn |
| Mar 31, 2021 | 26.38 Mn |
| Dec 31, 2020 | 106.86 Mn |
| Sep 30, 2020 | 104.24 Mn |
| Jun 30, 2020 | 87.04 Mn |
| Mar 31, 2020 | 129.71 Mn |
| Dec 31, 2019 | 123.68 Mn |
| Sep 30, 2019 | 128.47 Mn |
| Jun 30, 2019 | 74.98 Mn |
| Mar 31, 2019 | 82.23 Mn |
| Dec 31, 2018 | 114.30 Mn |
| Sep 30, 2018 | 43.76 Mn |
| Dec 31, 2017 | 99.75 Mn |