Meridian (MRBK) Revenue & Revenue Breakdown


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Meridian Revenue Highlights


Latest Revenue (Y)

$156.03M

Latest Revenue (Q)

$34.33M

Main Segment (Y)

Wealth Segment

Meridian Revenue by Period


Meridian Revenue by Year

DateRevenueChange
2024-12-31$156.03M65.82%
2023-12-31$94.09M-15.88%
2022-12-31$111.85M-25.97%
2021-12-31$151.10M12.68%
2020-12-31$134.09M100.57%
2019-12-31$66.86M7.19%
2018-12-31$62.37M1.23%
2017-12-31$61.61M-0.54%
2016-12-31$61.95M14.92%
2015-12-31$53.90M21.80%
2014-12-31$44.26M9.18%
2013-12-31$40.54M25.92%
2012-12-31$32.19M-

Meridian generated $156.03M in revenue during NA 2024, up 65.82% compared to the previous quarter, and up 233.38% compared to the same period a year ago.

Meridian Revenue by Quarter

DateRevenueChange
2025-06-30$34.33M-26.16%
2025-03-31$46.49M-12.79%
2024-12-31$53.31M4.22%
2024-09-30$51.15M7.41%
2024-06-30$47.62M5.12%
2024-03-31$45.30M1.89%
2023-12-31$44.46M2.11%
2023-09-30$43.55M1.36%
2023-06-30$42.96M14.30%
2023-03-31$37.59M5.11%
2022-12-31$35.76M7.77%
2022-09-30$33.18M9.01%
2022-06-30$30.44M-2.02%
2022-03-31$31.07M-12.08%
2021-12-31$35.33M-12.60%
2021-09-30$40.43M3.00%
2021-06-30$39.25M-11.80%
2021-03-31$44.50M-9.14%
2020-12-31$48.97M8.97%
2020-09-30$44.94M33.17%
2020-06-30$33.75M46.64%
2020-03-31$23.01M4.21%
2019-12-31$22.08M-2.31%
2019-09-30$22.61M11.18%
2019-06-30$20.33M11.09%
2019-03-31$18.30M-1.97%
2018-12-31$18.67M-6.51%
2018-09-30$19.97M6.49%
2018-06-30$18.75M14.91%
2018-03-31$16.32M2.04%
2017-12-31$15.99M-4.75%
2017-09-30$16.79M5.81%
2017-06-30$15.87M22.47%
2017-03-31$12.96M-19.33%
2016-12-31$16.06M-11.23%
2016-09-30$18.09M-

Meridian generated $34.33M in revenue during Q2 2025, up -26.16% compared to the previous quarter, and up 75.78% compared to the same period a year ago.

Meridian Revenue Breakdown


Meridian Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Wealth Segment$5.73M$4.93M---
Banking Segment$1.00K----
Mortgage Banking Segment-----
Deposit Account--$125.00K--
Service Charges---$129.00K-
ATM/Debit Card Commissions and Title Fee Income---$1.20M-
Atm Debit Card Commissions And Title Fee Income----$925.00K

Meridian's latest annual revenue breakdown by segment (product or service), as of Dec 24: Wealth Segment (99.98%), and Banking Segment (0.02%).

Quarterly Revenue by Product

Product/ServiceJun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Investment Advice$1.49M$1.53M$1.23M$1.16M$1.14M$1.03M$951.00K-------------
Wealth Segment--$2.97M$1.45M$1.32M$3.67M$1.26M$853.00K$1.02M-----------
Banking Segment--------------------
Mortgage Banking Segment--------------------
Deposit Account-------$37.00K$35.00K$32.00K$31.00K$27.00K$35.00K$33.00K$32.00K$30.00K$28.00K---
Service Charges------------$30.00K-------
Wealth Management Income------------$1.27M-------

Meridian's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Investment Advice (100.00%).

Meridian Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
SPFISouth Plains Financial$240.90M$76.30M
MRBKMeridian$156.03M$34.33M
MYFWFirst Western Financial$152.65M$37.50M
ISTRInvestar$143.87M$37.93M
BPRNPrinceton Bancorp$122.95M$-31.02M
CFBKCF Bankshares$118.39M$30.36M
CWBCCommunity West Bancshares$61.39M$27.26M
MVBFMVB Financial-$48.03M
NRIMNorthrim BanCorp-$6.75M
FVCBFVCBankcorp-$30.44M

MRBK Revenue FAQ


What is Meridian’s yearly revenue?

Meridian's yearly revenue for 2024 was $156.03M, representing an increase of 65.82% compared to 2023. The company's yearly revenue for 2023 was $94.09M, representing a decrease of -15.88% compared to 2022. MRBK's yearly revenue for 2022 was $111.85M, representing a decrease of -25.97% compared to 2021.

What is Meridian’s quarterly revenue?

Meridian's quarterly revenue for Q2 2025 was $34.33M, a -26.16% decrease from the previous quarter (Q1 2025), and a -27.91% decrease year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $46.49M, a -12.79% decrease from the previous quarter (Q4 2024), and a 2.63% increase year-over-year (Q1 2024). MRBK's quarterly revenue for Q4 2024 was $53.31M, a 4.22% increase from the previous quarter (Q3 2024), and a 19.90% increase year-over-year (Q4 2023).

What is Meridian’s revenue growth rate?

Meridian's revenue growth rate for the last 3 years (2022-2024) was 39.49%, and for the last 5 years (2020-2024) was 16.36%.

What are Meridian’s revenue streams?

Meridian's revenue streams in c 24 are Wealth Segment, and Banking Segment. Wealth Segment generated $5.73M in revenue, accounting 99.98% of the company's total revenue, up 16.36% year-over-year. Banking Segment generated $1K in revenue, accounting 0.02% of the company's total revenue

What is Meridian’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Meridian was Wealth Segment. This segment made a revenue of $5.73M, representing 99.98% of the company's total revenue.