Meridian Corporation Q3 profit falls to $5.2 million, or $0.43 a diluted share
Meridian Corporation reported third quarter 2026 net income of $5.2 million, or $0.43 per diluted share, down 10.3% from the second quarter and from $6.7 million a year earlier. Non-interest income fell 32.2% to $6.7 million, while the company also declared a $0.14 per share quarterly dividend.
Key points
- Net income was $5.2 million, or $0.43 per diluted share, versus $5.8 million, or $0.48, in the second quarter of 2026 and $6.7 million, or $0.58, in the third quarter of 2025.
- Total non-interest income fell $3.2 million, or 32.2%, to $6.7 million, mainly because mortgage banking income dropped $1.3 million.
- Net interest margin rose 8 basis points from the prior quarter to 3.77%.
- The Board declared a quarterly cash dividend of $0.14 per common share, payable November 16, 2026, to shareholders of record as of November 9, 2026.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.