Meridian Corporation (MRBK) Declares $0.125 Quarterly Dividend; 6% Yield

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Go back to Meridian Corporation (MRBK) Declares $0.125 Quarterly Dividend; 6% Yield

Meridian Corporation Reports First Quarter 2023 Results and Announces a Quarterly Dividend of $0.125 per Common Share

May 2, 2023 1:33 PM EDT

MALVERN, Pa., May 02, 2023 (GLOBE NEWSWIRE) -- Meridian Corporation (Nasdaq: MRBK) today reported:

Net income of $4.0 million and diluted earnings per share of $0.34 for the first quarter ended March 31, 2023.Return on average assets and return on average equity for the first quarter of 2023 were 0.78% and 10.65%, respectively.Net interest margin was 3.61% for the first quarter of 2023.Total assets at March 31, 2023 were $2.2 billion, compared to $2.1 billion at... More