Investing.com - Meridian Bank reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Meridian Bank announced earnings per share of $0.96 on revenue of $33.18M. Analysts polled by Investing.com EPS of $0.81 on revenue of $28.57M.
Meridian Bank 's are down 11% and is trading at $30.79 , still down 20.48% from its 52 week high of $38.72 set on Tuesday, February 1, 2022.
Meridian Bank follows other major Financial sector earnings this month
Meridian Bank's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, for EPS of $0.7816 on revenue of $23.56B.
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