# Meridian Corporation Posts $5.2 Million Q3 Profit, Declares $0.14 Dividend

> Meridian Corporation reported third-quarter 2026 net income of $5.2 million, down 10.3%, and declared a $0.14 quarterly dividend payable November 16.

- Published: 2026-10-30T20:37:49+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-30/meridian-corporation-q3-income-dividend
- Source: [Stock Titan](https://www.stocktitan.net/news/MRBK/meridian-corporation-reports-third-quarter-2026-results-and-scyrr89319w8.html)

## Key takeaways

- Meridian Corporation reported third-quarter 2026 net income of $5.2 million, or $0.43 per diluted share, down 10.3% from the prior quarter.
- The board declared a quarterly cash dividend of $0.14 per common share, payable November 16, 2026 to shareholders of record as of November 9, 2026.
- Non-performing loans fell $3.8 million to $78.3 million at September 30, 2026, and another $2.7 million settled after quarter-end.

[Meridian Corporation](https://akta.pro/company-profiles/00ypsr8/meridian-corporation) reported third-quarter 2026 net income of $5.2 million, or $0.43 per diluted share, down 10.3% from the prior quarter, and declared a $0.14 quarterly dividend. [Stock Titan](https://www.stocktitan.net/news/MRBK/meridian-corporation-reports-third-quarter-2026-results-and-scyrr89319w8.html) published the results on October 30, 2026. Meridian is the Malvern, Pennsylvania-based parent of Meridian Bank, a community bank operating in Pennsylvania, New Jersey, Delaware, Maryland and Florida.

## Meridian's Third-Quarter Income and Margin

Net income fell $600 thousand from the second quarter. The company attributed the decline largely to a $3.2 million decrease in non-interest income and a $799 thousand increase in non-interest expense, partly offset by a $1.8 million decrease in the provision for credit losses and an $894 thousand decrease in income tax expense.

Net interest margin was 3.77%, up 8 basis points from the prior quarter. Return on average assets was 0.80% and return on average equity was 9.97%. Non-performing loans decreased $3.8 million from June 30, 2026 to September 30, 2026, and another $2.7 million settled after September 30, 2026, a combined reduction of $6.5 million or 8%.

Wealth management income was $1.9 million, up 10.0% over the prior quarter. Mortgage banking income fell $1.3 million, and SBA loan income decreased $927 thousand.

Christopher J. Annas, Chairman and CEO, said: "The Meridian team delivered a solid third quarter and strong net interest margin." He added that the mortgage group "had a down third quarter, which is historically the most productive, as closed loans declined 27% from the prior quarter."

## Meridian's Dividend and Balance Sheet

On October 29, 2026, the board declared a quarterly cash dividend of $0.14 per common share, payable November 16, 2026 to shareholders of record as of November 9, 2026. Total assets were $2.6 billion at September 30, 2026, down 0.8% from June 30, 2026, and total deposits decreased 1.3% over the same period.

## Meridian's Florida Branch and Board Changes

According to akta.pro [company records](https://akta.pro/company-data), Meridian Bank opened a full-service branch in Bonita Springs, Florida, in November 2025, converting a prior loan production office into a complete banking location. The same records show the appointment of Ken Warriner to the board in April 2026 following George Collier's retirement after 21 years of service.

## Meridian's Earlier 2026 Disclosures

In May 2026, Meridian reported revised first-quarter 2026 results with net income of $2.0 million, down 72% from the prior quarter, and a $0.14 quarterly dividend payable May 11, according to GlobeNewswire. In August 2026, Simply Wall St noted the stock was set to go ex-dividend on August 10, with a payment of $0.14 per share scheduled for August 17.

## Meridian's Dividend Payment Date

The $0.14 per share dividend is scheduled for payment on November 16, 2026 to shareholders of record as of November 9, 2026.

## Companies in this story

- [Meridian Corporation company profile](https://akta.pro/company-profiles/00ypsr8/meridian-corporation) · website: https://investor.meridianbanker.com

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