MRBK
Income statement / Annual
Last year (2023), Meridian Corporation's total revenue was $94.09 M,
a decrease of 15.88% from the previous year.
In 2023, Meridian Corporation's net income was $13.24 M.
See Meridian Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$94.09 M
|
$111.85 M
|
$151.10 M
|
$134.09 M
|
$66.86 M
|
$62.37 M
|
$61.61 M
|
$61.95 M
|
$53.90 M
|
$44.26 M
|
| Cost of Revenue |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$94.09 M |
$111.85 M |
$151.10 M |
$134.09 M |
$66.86 M |
$62.37 M |
$61.61 M |
$61.95 M |
$53.90 M |
$44.26 M |
| Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$4.31 M
|
$54.38 M
|
$78.87 M
|
$72.15 M
|
$35.83 M
|
$35.35 M
|
$39.85 M
|
$41.48 M
|
$33.92 M
|
$2.29 M
|
| Selling & Marketing
Expenses |
$3.73 M
|
$4.34 M
|
$3.71 M
|
$2.85 M
|
$2.48 M
|
$2.36 M
|
$2.25 M
|
$1.73 M
|
$1.48 M
|
$1.87 M
|
| Selling, General &
Administrative Expenses |
$66.68 M
|
$58.71 M
|
$82.58 M
|
$75.00 M
|
$38.31 M
|
$37.70 M
|
$42.10 M
|
$43.20 M
|
$35.40 M
|
$29.92 M
|
| Other Expenses |
$0.00 |
-$21.44 M |
-$187.38 M |
-$174.55 M |
-$91.65 M |
-$80.88 M |
-$91.14 M |
-$92.44 M |
-$75.28 M |
$0.00 |
| Operating Expenses |
$66.68 M |
$7.97 M |
-$104.80 M |
-$99.55 M |
-$53.34 M |
-$40.47 M |
-$49.05 M |
-$49.23 M |
-$39.88 M |
$37.68 M |
| Cost And Expenses |
$151.33 M |
$7.97 M |
-$104.80 M |
-$99.55 M |
-$53.34 M |
-$40.47 M |
-$49.05 M |
-$49.23 M |
-$39.88 M |
$37.68 M |
| Interest Income |
$136.59 M |
$88.72 M |
$71.52 M |
$62.66 M |
$52.86 M |
$44.06 M |
$35.72 M |
$30.98 M |
$27.98 M |
$0.00 |
| Interest Expense |
$67.65 M |
$18.59 M |
$8.41 M |
$13.66 M |
$16.53 M |
$11.41 M |
$6.78 M |
$5.19 M |
$4.59 M |
$0.00 |
| Depreciation &
Amortization |
$2.48 M
|
$1.41 M
|
$6.37 M
|
$2.89 M
|
$1.69 M
|
$1.42 M
|
$963,000.00
|
$1.79 M
|
$815,000.00
|
-$6.58 M
|
| EBITDA |
$19.44 M
|
$0.00
|
$0.00
|
$0.00
|
$14.38 M
|
$11.91 M
|
$6.75 M
|
$0.00
|
$0.00
|
$22.09 M
|
| EBITDA Ratio |
0.21 |
0.42 |
0.27 |
0.24 |
0.23 |
0.37 |
0.22 |
0.23 |
0.28 |
0 |
| Operating Income Ratio
|
0.29
|
0.41
|
0.31
|
0.26
|
0.2
|
0.35
|
0.2
|
0.21
|
0.26
|
0.15
|
| Total Other
Income/Expenses Net |
-$19.44 M
|
$0.00
|
-$3.60 M
|
-$7.22 M
|
$0.00
|
$0.00
|
-$7.33 M
|
$41.43 M
|
$33.67 M
|
-$7.76 M
|
| Income Before Tax |
$16.97 M |
$27.92 M |
$46.30 M |
$34.54 M |
$13.51 M |
$10.49 M |
$5.79 M |
$7.52 M |
$9.44 M |
$6.58 M |
| Income Before Tax Ratio
|
0.18
|
0.25
|
0.31
|
0.26
|
0.2
|
0.17
|
0.09
|
0.12
|
0.18
|
0.15
|
| Income Tax Expense |
$3.72 M |
$6.09 M |
$10.72 M |
$8.10 M |
$3.03 M |
$2.33 M |
$2.75 M |
$2.60 M |
$3.25 M |
$2.27 M |
| Net Income |
$13.24 M |
$21.83 M |
$35.59 M |
$26.44 M |
$10.48 M |
$8.16 M |
$3.03 M |
$4.92 M |
$6.19 M |
$4.31 M |
| Net Income Ratio |
0.14 |
0.2 |
0.24 |
0.2 |
0.16 |
0.13 |
0.05 |
0.08 |
0.11 |
0.1 |
| EPS |
1.19 |
1.85 |
2.9 |
2.15 |
0.82 |
0.64 |
0.25 |
0.8 |
1.08 |
0 |
| EPS Diluted |
1.16 |
1.79 |
2.87 |
2.14 |
0.81 |
0.64 |
0.25 |
0.8 |
1.08 |
0 |
| Weighted Average Shares
Out |
$11.12 M
|
$11.79 M
|
$12.27 M
|
$12.32 M
|
$12.81 M
|
$12.79 M
|
$7.49 M
|
$4.71 M
|
$4.71 M
|
$0.00
|
| Weighted Average Shares
Out Diluted |
$11.39 M
|
$12.20 M
|
$12.41 M
|
$12.37 M
|
$12.88 M
|
$12.85 M
|
$7.54 M
|
$4.71 M
|
$4.71 M
|
$0.00
|
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