Filing Flows › Meridian (MRBK) › Q3 2026
Meridian (MRBK) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Meridian (MRBK) reported revenue of $30.1M for the third quarter 2026 (Q3 2026), -9% from a year earlier and -8% from the quarter before. Operating margin was 19.9%, net earnings $5.2M (17.3% of revenue).
Meridian, Q3 2026: revenue $30.1M (-9% year over year), operating margin 19.9%, net earnings $5.2M, operating cash flow $12.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $30.1M | -8% | -9% |
| Operating profit | $6.0M | -20% | -31% |
| Net earnings | $5.2M | -10% | -22% |
| Operating cash flow | $12.6M | — | -49% |
| Free cash flow | $12.4M | — | -48% |
What changed
Revenue was $30.1M in Q3 2026, down 9% year over year and down 8% from the previous quarter. Net interest income was the largest line at 78% of revenue. Noninterest income lost $3.2M year over year (down 33%), 111% of the total change.
Operating profit was $6.0M, a 19.9% margin (down 6.4 points year over year). Total costs fell 1% while revenue fell 9%. Net earnings were $5.2M, down 22% year over year. The effective tax rate was 13.0%.
Operating cash flow was $12.6M (down 49% year over year), 241% of net earnings. Non-cash charges added back $120K of share-based compensation. Working capital and other items added $7.2M. Capital expenditures of $155K left free cash flow of $12.4M.
Questions
What was Meridian's revenue in the third quarter 2026?
Meridian (MRBK) reported revenue of $30.1M for the third quarter 2026 (Q3 2026), -9% from a year earlier and -8% from the quarter before.
Was Meridian profitable in the third quarter 2026?
Operating profit was $6.0M (19.9% of revenue) and net earnings $5.2M.
Source: Meridian 10-Q on SEC EDGAR.