Meridian MRBK
NASDAQ MRBK
$16.75 -0.07 (-0.42%)
At close: Nov 10, 2026 · 4:00 PM EST

Meridian (MRBK) Technology and Communications (2017 - 2022)

Updated

Meridian's Technology and Communications was $574,000 in Q3 2022, up 8.3% from $530,000 a year earlier but down 1.0% from the prior quarter.

Analysis

Meridian (MRBK) Technology and Communications (2017 - 2022) Analysis & Trends

On a trailing twelve-month basis, Meridian's Technology and Communications was $2.12 million through Sep 30, 2022, down 8.7% year-over-year; for FY2021, it came in at $2.15 million, up 12.4% from FY2020.

  • Technology and Communications has now increased for four consecutive years, with a four-year compound annual growth rate of 16.6% (FY2017 to FY2021).
  • In earlier years, Technology and Communications was $1.91 million in FY2020 (+44.2%), $1.33 million in FY2019 (+5.2%), $1.26 million in FY2018 (+8.5%) and $1.16 million in FY2017.
  • Quarterly Technology and Communications has moved between $288,000 (Q1 2018) and $653,000 (Q4 2020) over five years.
  • Compared with a year earlier, Technology and Communications was higher in six of the last eight quarters, with growth averaging 21.7%.
  • The best year-over-year quarter for Technology and Communications over five years was Q4 2020 (growth of 93.8%); the worst was Q4 2021 (a decline of 25.9%).
  • Per Business Quant data, MRBK's Technology and Communications in the three quarters before Q3 2022 was $580,000 (Q2 2022), $479,000 (Q1 2022) and $484,000 (Q4 2021).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Technology (Qtr)
1 Jpmorgan Chase 918.91 Bn 918.91 Bn - 3.34 Bn
2 Banco Santander Chile 870.35 Bn 846.93 Bn - -
3 Bank Of America 358.55 Bn -2,017.56 Bn - 2.01 Bn
4 Hsbc Holdings 315.74 Bn -668.95 Bn - -
5 Morgan Stanley 290.88 Bn -253.14 Bn - 1.30 Bn
6 Royal Bank Of Canada 287.92 Bn 137.98 Bn - -
7 Goldman Sachs 270.57 Bn -3,472.88 Bn - 674.00 Mn
8 Wells Fargo & Company 258.79 Bn 258.79 Bn - -
9 Mitsubishi Ufj Financial 247.94 Bn 129.81 Bn - -
10 Meridian 199.23 Mn 190.63 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2022 574,000.00
Jun 30, 2022 580,000.00
Mar 31, 2022 479,000.00
Dec 31, 2021 484,000.00
Sep 30, 2021 530,000.00
Jun 30, 2021 520,000.00
Mar 31, 2021 616,000.00
Dec 31, 2020 653,000.00
Sep 30, 2020 460,000.00
Jun 30, 2020 456,000.00
Mar 31, 2020 344,000.00
Dec 31, 2019 337,000.00
Sep 30, 2019 343,000.00
Jun 30, 2019 324,000.00
Mar 31, 2019 324,000.00
Dec 31, 2018 337,000.00
Sep 30, 2018 334,000.00
Jun 30, 2018 302,000.00
Mar 31, 2018 288,000.00
Dec 31, 2017 291,000.00
API Access

Meridian Technology and Communications 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=technology-and-communications&ticker=MRBK&period=max&api_key=YOUR_API_KEY