Meridian (MRBK) Tax Rate (2017 - 2026)
Meridian (MRBK) reported Tax Rate of 22.49% for Q1 2026, down 123.0% year-over-year from 97.78% in Q1 2025, and down 0.96% quarter-over-quarter from 22.71% in Q4 2025.
Meridian (MRBK) Tax Rate (2017 - 2026) Analysis & Trends
Meridian (MRBK) has 10 years of Tax Rate data on file, last reported at 22.49% in Q1 2026.
- Tax Rate for Q1 2026 came in at 22.49%, down 123.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.99% (down 184.0% YoY), and the FY2025 annual result was 23.12%, down 185.0% from the prior year.
- Tax Rate declined to 22.49% in Q1 2026 per MRBK's latest filing, from 22.71% in the prior quarter.
- Over five years, Tax Rate peaked at 26.26% in Q4 2024 and troughed at 20.33% in Q4 2022.
- A 5-year average of 22.89% and a median of 22.71% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 478 bps in 2024, then slumped 356 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 20.33% in 2022, then rose by 6 bps to 21.49% in 2023, then grew by 22 bps to 26.26% in 2024, then decreased by 14 bps to 22.71% in 2025, then dropped by 1 bps to 22.49% in 2026.
- Business Quant data shows MRBK's Tax Rate at 22.49% in Q1 2026, 22.71% in Q4 2025, and 23.22% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Meridian | 235.98 Mn | 205.58 Mn | - | 22.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.49% |
| Mar 31, 2026 | 22.49% |
| Dec 31, 2025 | 22.71% |
| Dec 31, 2025 | 22.71% |
| Sep 30, 2025 | 23.22% |
| Sep 30, 2025 | 23.22% |
| Jun 30, 2025 | 23.26% |
| Jun 30, 2025 | 23.26% |
| Mar 31, 2025 | 23.72% |
| Mar 31, 2025 | 23.72% |
| Dec 31, 2024 | 26.26% |
| Dec 31, 2024 | 26.26% |
| Sep 30, 2024 | 24.05% |
| Sep 30, 2024 | 24.05% |
| Jun 30, 2024 | 24.27% |
| Jun 30, 2024 | 24.27% |
| Mar 31, 2024 | 24.68% |
| Mar 31, 2024 | 24.68% |
| Dec 31, 2023 | 21.49% |
| Dec 31, 2023 | 21.49% |