Meridian (MRBK) Tax Rate (2017 - 2026)
Meridian's Tax Rate came in at 22.36% for Q2 2026, down 0.90 percentage points from 23.26% a year earlier and down 0.13 percentage points from the prior quarter.
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Analysis
Meridian (MRBK) Tax Rate (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Meridian reported Tax Rate of 22.75%, down 1.71 percentage points year-over-year; for FY2025, it was 23.12%, down 1.85 percentage points from FY2024.
- Tax Rate carries a five-year change of -0.33 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 24.97% in FY2024 (+3.02 pp), 21.95% in FY2023 (+0.13 pp), 21.82% in FY2022 (-1.33 pp) and 23.15% in FY2021 (-0.30 pp).
- The Q2 2026 figure represents the lowest quarterly Tax Rate since Q4 2023.
- Year-over-year, Tax Rate has declined for six consecutive quarters, with an average year-over-year change of -0.35 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q4 2024 (a gain of 4.78 percentage points), and the weakest in Q4 2025 (a drop of 3.56 percentage points).
- Business Quant data shows MRBK's Tax Rate at 22.49% (Q1 2026), 22.71% (Q4 2025) and 23.22% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | 23.12% |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 21.54% |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | 60.94% |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | 23.07% |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 22.26% |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 22.60% |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | 24.29% |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 17.42% |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | - |
| 10 | Meridian | 223.21 Mn | 214.61 Mn | - | 22.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.36% |
| Mar 31, 2026 | 22.49% |
| Dec 31, 2025 | 22.71% |
| Sep 30, 2025 | 23.22% |
| Jun 30, 2025 | 23.26% |
| Mar 31, 2025 | 23.72% |
| Dec 31, 2024 | 26.26% |
| Sep 30, 2024 | 24.05% |
| Jun 30, 2024 | 24.27% |
| Mar 31, 2024 | 24.68% |
| Dec 31, 2023 | 21.49% |
| Sep 30, 2023 | 23.13% |
| Jun 30, 2023 | 21.30% |
| Mar 31, 2023 | 21.57% |
| Dec 31, 2022 | 20.33% |
| Sep 30, 2022 | 22.31% |
| Jun 30, 2022 | 22.34% |
| Mar 31, 2022 | 21.92% |
| Dec 31, 2021 | 21.98% |
| Sep 30, 2021 | 23.27% |
API Access
Meridian Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MRBK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MRBK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MRBK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();