Meridian Q1 net income $2.4M ($0.21 EPS) down 10% YoY; quarterly dividend $0.125

Meridian Corp

2025-Q1 EPS reported $0.21 revenue$1,535,000

Net income $2.4M, diluted EPS $0.21 vs $0.24 YoY; net interest income $19.8M, up from $16.6M YoY.
Pre-provision net revenue $8.4M, up 30.2% YoY; net interest margin improved to 3.46% from 3.15% a year ago.
Non-performing loans rose $7.1M to $52.2M (2.49% of loans) driven by distressed SBA loans; provision for credit losses was $5.2M.
Deposits grew $123.4M (6%) QoQ; non-interest-bearing deposits up $82.6M (34%); total assets $2.53B.
Board declared $0.125 per share quarterly cash dividend, payable May 19, 2025 to holders of record May 12, 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.