Market cap
$230 Mln
Revenue (TTM)
$205 Mln
P/E Ratio
10.6
P/B Ratio
1.1
Div. Yield
2.8 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 6.10 | -3.50 | 0.72 | 11.09 | 2.90 |
| EBIT | -- | -- | -0.91 | -0.23 | -12.90 |
| Net Profit | 23.19 | 3.84 | 32.89 | 8.60 | -7.83 |
| EPS | 22.97 | -2.63 | 27.16 | 8.18 | -7.24 |
| Book Value | -- | -- | 12.52 | 9.30 | 7.78 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 11.62 | 17.06 | 11.74 | 13.76 | 11.04 |
| Net Margin
| -- | -- | 11.89 | -- | -- |
| Return on equity
| 10.06 | 13.42 | 12.05 | 11.76 | 9.92 |
| Return on Capital
| 4.94 | 6.72 | -- | 6.13 | 4.70 |
| Return on Assets
| 0.73 | 1.09 | 0.91 | 0.88 | 0.71 |
| Debt to Equity (x)
| -- | -- | 0.24 | 0.84 | 1.02 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
--
|
6.13
|
4.70
|
3.98
|
7.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
12.05
Higher than Peers by 2.18
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
12.05
|
11.76
|
9.92
|
8.51
|
13.70
|
|
Peer Median
|
9.87
|
--
|
--
|
--
|
--
|
ROA
0.91
Lower than Peers by 0.05
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
0.91
|
0.88
|
0.71
|
0.61
|
1.16
|
|
Peer Median
|
0.96
|
--
|
--
|
--
|
--
|
EBIT Margin
11.74
Lower than Peers by 9.06
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
11.74
|
13.76
|
11.04
|
10.07
|
21.40
|
|
Peer Median
|
20.79
|
--
|
--
|
--
|
--
|
Net Margin
11.89
Lower than Peers by 8.14
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
11.89
|
10.63
|
8.28
|
7.86
|
16.73
|
|
Peer Median
|
20.03
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
Lower than Peers by 0.00
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.00
|
--
|
--
|
--
|
--
|
Revenue Growth
0.72
Lower than Peers by 10.38
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
0.72
|
0.04
|
0.17
|
0.29
|
-0.18
|
|
Peer Median
|
11.10
|
--
|
--
|
--
|
--
|
EBIT Growth
-0.91
Higher than Peers by 10.59
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
-0.91
|
29.80
|
28.40
|
-39.23
|
-39.70
|
|
Peer Median
|
-11.50
|
--
|
--
|
--
|
--
|
Net Profit Growth
32.89
Higher than Peers by 25.62
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
32.89
|
33.59
|
23.43
|
-39.33
|
-38.66
|
|
Peer Median
|
7.27
|
--
|
--
|
--
|
--
|
EPS Growth
27.16
Higher than Peers by 21.37
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
27.16
|
0.29
|
0.22
|
-0.36
|
-0.35
|
|
Peer Median
|
5.78
|
--
|
--
|
--
|
--
|
Book Value Growth
7.88
Lower than Peers by 0.89
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
7.88
|
--
|
--
|
--
|
--
|
|
Peer Median
|
8.77
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.24
Higher than Peers by 0.03
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
0.24
|
0.84
|
1.02
|
1.21
|
1.06
|
|
Peer Median
|
0.21
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.53
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
0.53
|
0.59
|
0.73
|
0.90
|
0.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.20
Lower than Peers by 0.10
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
0.20
|
0.06
|
0.09
|
0.17
|
0.17
|
|
Peer Median
|
0.31
|
--
|
--
|
--
|
--
|
Quick Ratio
0.20
Lower than Peers by 0.15
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
0.20
|
--
|
--
|
0.17
|
0.20
|
|
Peer Median
|
0.36
|
--
|
--
|
--
|
--
|
Interest Coverage
1.42
Lower than Peers by 0.33
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
1.42
|
0.36
|
0.26
|
0.25
|
1.50
|
|
Peer Median
|
1.75
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
5.21
Lower than Peers by 1.68
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
5.21
|
5.22
|
42.29
|
75.50
|
110.97
|
|
Peer Median
|
6.90
|
--
|
--
|
--
|
--
|
Asset Turnover
0.08
Higher than Peers by 0.03
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
0.08
|
0.08
|
0.09
|
0.08
|
0.07
|
|
Peer Median
|
0.05
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
--
|
83.71
|
194.98
|
294.71
|
333.21
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
--
|
--
|
2.81
|
-114.57
|
-657.92
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
--
|
26.08
|
32.54
|
31.18
|
20.96
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
--
|
--
|
165.25
|
148.96
|
-345.68
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
10.62
Lower than Peers by 2.17
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
10.62
|
9.48
|
9.54
|
11.76
|
16.37
|
|
Peer Median
|
12.79
|
--
|
--
|
--
|
--
|
Price / Book Value
1.13
Lower than Peers by 0.20
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
1.13
|
1.04
|
0.91
|
0.99
|
2.33
|
|
Peer Median
|
1.32
|
--
|
--
|
--
|
--
|
Dividend Yield
2.82
Higher than Peers by 0.34
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
2.82
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.48
|
--
|
--
|
--
|
--
|
EV/EBITDA
--
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
--
|
8.49
|
9.32
|
7.45
|
11.93
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
230
Lower than Peers by 83
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Meridian Bank (MRBK)
|
230
|
--
|
--
|
--
|
--
|
|
Peer Median
|
314
|
--
|
--
|
--
|
--
|