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Meridian Q1 FY26 net income drops 34% to $4.7 million

PUBT·04/23/2026 19:19:36
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Meridian Q1 FY26 net income drops 34% to $4.7 million
  • Meridian posted first-quarter fiscal 2026 net income of $4.7 million, down 34% from prior quarter, with diluted EPS of $0.39.
  • Pre-provision net revenue rose to $10.1 million, up 21% from Q1 2025.
  • Net interest margin widened to 3.82%, up 0.05 percentage point from prior quarter.
  • Total assets held at $2.6 billion, while commercial loans excluding leases increased $17.9 million, up 1% from prior quarter.
  • Board declared quarterly cash dividend of $0.14 per common share, payable May 11 to shareholders of record May 4.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meridian Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001750735-26-000033), on April 23, 2026, and is solely responsible for the information contained therein.