Meridian Corporation Reports Second Quarter 2025 Results and Announces a Quarterly Dividend of $0.125 per Common Share

Meridian Corporation (Nasdaq: MRBK) today reported: Net income for the quarter ended June 30, 2025 was $5.6 million, or $0.49 per diluted share, up $3.2 million, or 133%, from prior quarter.Pre-provision net revenue1 for the quarter was $11.1 million, an improvement of $4.0 million, or 57%. from Q2'2024. Net interest margin was 3.54% for the second quarter of 2025, while loan yield improved to 7.24%, from prior quarter. Return on average assets and return on average equity for the second quarter of 2025 were 0.90% and 12.68%, respectively. Total assets at June 30, 2025 were $2.5 billion, compared to $2.5 billion at March 31, 2025 and $2.4 billion at June 30, 2024.Commercial loans, excluding leases, increased $33.2 million, or 2% from prior quarter.On July 24, 2025, the Board of Directors declared a quarterly cash dividend of $0.125 per common share, payable August 18, 2025 to shareholders of record as of August 11, 2025.... Read more

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