Meridian Corporation (MRBK) reported second-quarter 2026 net income of $5.8 million, or $0.48 per diluted share, compared with $2.0 million, or $0.17 per diluted share, in the prior quarter. Basic earnings were $0.49 per common share.
The company said second-quarter results included $22.8 million of net interest income, $9.9 million of non-interest income and a $3.0 million provision for credit losses. The board declared a quarterly cash dividend of $0.14 per common share.
- Net income rose $3.8 million, or 189.5%, from the first quarter of 2026.
- Total assets were $2.6 billion at June 30, 2026, compared with $2.6 billion at March 31, 2026.
- Total deposits increased $24.5 million, or 1.1%, from the prior quarter.
- Non-performing loans increased to $82.1 million at June 30, 2026 from $58.7 million at March 31, 2026.
- The dividend is payable August 17, 2026, to shareholders of record as of August 10, 2026.
$MRBK Insider Trading Activity
$MRBK insiders have traded $MRBK stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $MRBK stock by insiders over the last 6 months:
- KENNETH THOMAS WARRINER has made 2 purchases buying 2,000 shares for an estimated $36,415 and 0 sales.
- ANTHONY MARK IMBESI purchased 1,000 shares for an estimated $17,381
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$MRBK Hedge Fund Activity
We have seen 43 institutional investors add shares of $MRBK stock to their portfolio, and 27 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WICK CAPITAL PARTNERS, LLC added 140,036 shares (+3125.8%) to their portfolio in Q1 2026, for an estimated $2,655,082
- AMERICAN CENTURY COMPANIES INC added 56,828 shares (+41.8%) to their portfolio in Q1 2026, for an estimated $1,077,458
- ALGERT GLOBAL LLC added 55,350 shares (+inf%) to their portfolio in Q1 2026, for an estimated $1,049,436
- FOURTHSTONE LLC added 53,526 shares (+4.8%) to their portfolio in Q1 2026, for an estimated $1,014,852
- QUBE RESEARCH & TECHNOLOGIES LTD added 52,671 shares (+inf%) to their portfolio in Q1 2026, for an estimated $998,642
- MARSHALL WACE, LLP removed 50,034 shares (-42.9%) from their portfolio in Q1 2026, for an estimated $948,644
- BANC FUNDS CO LLC added 48,414 shares (+15.1%) to their portfolio in Q1 2026, for an estimated $917,929
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
