Meridian Q3 2026 net income falls 22% year over year to $5.21 million

Bitget2026/10/30 20:02

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Meridian’s third-quarter 2026 net income fell 10% from the prior quarter to $5.21 million.
Non-interest income dropped 32% quarter-over-quarter to $6.71 million, while the provision for credit losses declined 62% to $1.13 million.
Non-performing loans decreased quarter-over-quarter to $78.3 million, with another $2.7 million settled subsequent to September 30.
A quarterly dividend of $0.14 per common share is payable November 16, 2026, to shareholders of record November 9, 2026.

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 GlobeNewswire (Ref. ID: 202610301601PRIMZONEFULLFEED9857318) on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Meridian Q3 2026 net income falls 22% year over year to $5.21 million

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